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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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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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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. A central method for creating a strong cyber security culture is generating awareness. Ensure leadership buy-in.

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Citrix software bug leads to outages at 60 credit unions

American Banker

A third-party provider for credit unions failed to fix a long-patched vulnerability, according to a cybersecurity researcher who has studied the situation.

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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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10 banks alleged victims of ransomware attacks on file transfer software

American Banker

Ransomware gang Cl0p is currently threatening 50 companies with releasing data it stole from them late last month.

Software 101
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Two Cyber Security Investments With a Silver Lining

Banking 2020

Financial institutions have the opportunity to make security investments that also increase their ROI. Here are two such security investments: Keystroke Encryption Software. Keylogging spyware can be embedded in emails, videos and music files, software downloads and even legitimate websites. Total Identity Monitoring.