Financial technology, or FinTech, is a sector that is becoming increasingly important for businesses across the world as technologies become ever more widespread and accessible. There is a whole range of different types of technology contained within FinTech, from digital banks and payment platforms to InsurTech (insurance technology) and RegTech (regulatory technology) to blockchain and … More What does a cybersecurity-first approach really mean for businesses using new FinTech solutions?
From overpayment to shipping scams, what are some of the most common threats that merchants using PayPal should watch out for? With a total payment volume of US$247 billion, PayPal remains one of the more popular online payment providers among major brands and a variety of smaller businesses and vendors. Indeed, the payment giant boasts 28 million … More PayPal fraud: What merchants should know
Both hacktivists and extortionists have used telephony denial-of-service attacks as a way to further their goals. The United States’ Federal Bureau of Investigation (FBI) has issued a stark warning about consequences that telephony denial-of-service (TDoS) attacks on call centers could have on people’s lives. If launched against critical call centers, TDoS attacks could ultimately prevent callers from … More Telephony denial-of-service attacks could cost lives
While the incursion was thwarted in time, cyberattacks targeting critical infrastructure are a major cause for concern. Last Friday, an unknown attacker accessed the computer systems of a water treatment facility in Oldsmar, Florida, and attempted to poison the city’s water supply by manipulating the chemical levels of sodium hydroxide. This substance, commonly referred to … More Hacker attempts to poison Florida city’s water supply
A few days ago, ESET researchers discovered a new supply-chain attack compromising the update mechanism of NoxPlayer, an Android emulator for PCs and Macs. Three different malware families were spotted being distributed from tailored malicious updates to selected victims with no sign of leveraging any financial gain, but rather, only cyberespionage capabilities were seen. ESET dubbed the malicious operation NightScout. BigNox is a company based in … More ESET uncovers Operation NightScout: Cyberespionage supply-chain attack on gamers in Asia