There are several fraud vectors by which open banking can be exploited by fraudsters. Cybercriminals are now experts at exploiting these technologies and processes meant to benefit financial institutions and their clients.
Download this whitepaper and learn how banks are vulnerable to fraud when:
Recent versions of Windows have a security problem: They're not random enough, CERT/CC warns. The problem centers on certain uses of ASLR, which is designed to block return-oriented programming techniques and code reuse attacks.
Identity and Access Management (IAM) programs are becoming increasingly essential to securing critical systems and data; last year, companies spent $7 billion on IAM, most on protecting user credentials, but almost nothing protecting keys and certificates, the credentials that identify and authorize machine-to-machine...
As certificate counts within the average organization rise to tens of thousands, it has become exponentially harder to manage them effectively. Many organizations turn to their certificate authorities (CAs) to protect the keys and certificates that each CA issues. The basic tools CAs provide are certainly a step up...
Is your organization exposed to an attack that misuses SSH keys?
You know that your organization is using SSH to safeguard privileged access. But you may not realize that your SSH keys could be vulnerable to insider and cyber threats.
The majority of those we surveyed didn't. Results from a 2017 study show that...
Businesses need to find more ways of incentivizing good researchers to find flaws in technology before bad actors discover them, says Rafael Narezzi, CIO of financial services firm TS Lombard. For every bug hunter with good intentions, how many more are developing weaponized exploits for sale on darknet markets?
The PCI Security Standards Council is creating a payments software framework, including two new standards that can evolve as the software rapidly changes, Troy Leach, the council's CTO, explains in this in-depth interview.
In May 2017, the Singapore Government cut direct access to the Internet from its internal systems. This is a policy that is already adopted by Korean banks, many U.S. and U.K. military establishments, as well as the Japanese government. This is to protect government-owned computer systems from potential cyber threats...
It's a score to find a severe software vulnerability in a widely used Google product. But finding information on all unpatched software flaws reported to Google is a whole new, frightening level. Here's how one researcher did it.
Equifax ex-CEO Richard Smith asserts that a single employee's failure to heed a security alert led to the company failing to install a patch on a critical system, which was subsequently exploited by hackers. But his claim calls into question whether poor patch practices and management failures were the norm.
A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.
Many recent data breaches, including the Equifax incident, show that "applications are really the vulnerable entry point into organizations and ultimately to organizations' data," says Alex Mosher of CA Technologies.
Equifax has yet to describe how its site was breached, except to blame a vague "U.S. website application vulnerability." But some security experts suspect that an unpatched flaw in Apache Struts, fixed by Apache in March, might have been exploited.
Building trust in digital banking is vital as financial fraud can cause customers to easily lose confidence in their financial institutions. Just one cybersecurity incident that results in the compromise of a customer account can drive customers to take their business elsewhere.
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