Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey by Deloitte.
The Biden administration unveiled a package of supply chain and critical infrastructure security initiatives following a meeting at the White House with tech executives and others. Companies such as Google and Microsoft also promised billions in spending on cybersecurity over the next several years.
Bitdefender has conducted a forensic analysis of a new backdoor, dubbed Sardonic, used by the threat group Fin8 in recent attacks against two financial organizations.
Researchers at The Citizen Lab at the University of Toronto say they've found a new zero-click iMessage exploit that's been used by the government of Bahrain to install the NSO Group's Pegasus spyware on the devices of human rights and political activists.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
Security researchers at AT&T Alien Labs say they've discovered a cluster of Linux ELF executables, identified as modifications of the open-source PRISM backdoor, that attackers have been using in several campaigns for more than three years.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Google has removed eight fake cryptomining apps from its Play Store, but researchers at security firm Trend Micro have flagged 120 other apps on users' phones purporting to also be cryptomining. Users paid for services the eight apps never delivered.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
Mastercard says that starting in 2024, banks and other institutions that issue its credit and debit cards will no longer need to include a magnetic stripe on the back, and that by 2033, m
agnetic stripes will be extinct. Given magnetic stripes' many security downsides, what's taken so long?
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
To protect manufacturing operations and data, there are some important cybersecurity gaps to address. Cybersecurity company Lookout explains how to close the five most common security gaps in manufacturing, which are created as a result of digital transformation.
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