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Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Visma, the business software maker that has more than 900,000 corporate companies in Scandinavia and parts of Europe, said the attack was detected shortly after the hackers got into Visma’s systems.

Software 123
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Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Meanwhile, accountants themselves understand the importance of good cyber security practices in their own offices, given recent reports of attacks by identity thieves targeting client names and IDs. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

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Mastercard To Expand Euro Tech Hub In Dublin

PYMNTS

“As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more.

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Two Cyber Security Investments With a Silver Lining

Banking 2020

It’s clear that cyber threats and identity theft tactics are getting smarter, and that banks need to amp up their security practices to combat this evolution. Financial institutions have the opportunity to make security investments that also increase their ROI. But, with these threats comes a silver lining.

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Google, IBM rush to sell banks cloud software

American Banker

As the pandemic speeds digital adoption at financial institutions, the technology giants are pitching products that scan in data from mortgage documents and provide security and compliance controls used by in-house tech developers.

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New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking

PYMNTS

What’s more, half of the companies surveyed experienced between one and five IT security incidents in the past 12 months. “As Preparedness among all departments in the organization — such as executive leaders, engineers, IT security teams and more — is key to protecting against cyberattacks.

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SMBs Severely Underestimate Data Breach Costs

PYMNTS

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. ” The U.S.

Data 202