ATM makers fix flaws allowing illegal cash withdrawals
ATM manufacturers Diebold Nixdorf and NCR have fixed a number of software vulnerabilities that allowed attackers to execute arbitrary code with or without SYSTEM privileges, …
Industry reactions to Google’s €50 million GDPR violation fine
On 21 January 2019, the French National Data Protection Commission (CNIL) imposed a financial penalty of €50 million against Google, in accordance with the GDPR. This is the …
Battling attacks from global criminal networks in the financial sector
Every now and then, banks and financial institutions (and their customers) are targeted by opportunistic hackers, but they are much more worried about those that are smarter, …
The holiday season and cybercrime: 8 ways to protect yourself
The holiday season has become an unbridled online spending extravaganza, and threat actors have taken notice. For shoppers, what starts out as an attempt to fulfill their …
In a post-EMV world, fraud is shifting from in-person to ecommerce channels
Three years after the switch to new chip-based credit and debit cards, a study by the National Retail Federation and Forrester says payment card fraud is still a top concern …
Global revenue from the IoT and analytics for utilities market is expected to grow
The utilities industry is attempting to leverage a plethora of generating assets, transmission and distribution system equipment, and smart meters connected to the grid, …
Are security pros happy with their jobs and salaries?
Do security professionals like their jobs and would they recommend a career in cyber security to those looking into one? What do they like about their jobs and what motivates …
Combating fraud and money laundering with graph analytics
Dirty money and money laundering have been around since the existence of currency itself. On a global level, as much as $2 trillion is washed annually, estimates the United …
ATM attacks: How hackers are going for gold
Imagine winning the lottery and having an ATM spit huge amounts of cash at you. That’s exactly what some cyber criminals are after. They’re targeting ATMs and launching …
Gartner unveils IT cost-optimization priority for CIOs
IT cost optimization in most organizations is now largely focused on business optimization rather than cost cutting, according to a recent survey by Gartner. Survey …
Inventive cyber gang steals millions from East European banks
Trustwave researchers have uncovered a series of ingenious bank heists that cost several Eastern European and Russian banks up to $10 millions each, and they believe financial …
Finance is moving to the cloud faster than expected
A major shift is taking place in how enterprises select their financial management applications, with a migration to cloud applications happening faster than expected. A …
