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Customers report being locked out after grabbing the password manager via F-Droid Some HSBC mobile banking customers in the UK report being locked out of the bank's app after installing the Bitwarden password manager via an open source app catalog.…
Guess how much of our direct transatlantic data capacity runs through two cables in Bude? Feature The first transatlantic cable, laid in 1858, delivered a little over 700 messages before promptly dying a few weeks later. 167 years on, the undersea cables connecting the UK to the outside world process £220 billion in daily financial transactions. Now, the UK Parliament's Joint Committee on National Security Strategy (JCNSS) has told the government that it has to do a better job of protecting them.…
The financial sector is adept at balancing risk and opportunity. Adversarial AI is its next big challenge Partner content From the use of ATMs to online banking, the financial services sector has always been at the forefront of technology. Now, it's leading the charge in AI. In their third annual survey of financial institutions the Bank of England and Financial Conduct Authority found 75% of companies already using AI with another 10% planning to do so over the next three years.…
Cloud storage giant lawyers up against infosec house Analysis Hudson Rock, citing legal pressure from Snowflake, has removed its online report that claimed miscreants broke into the cloud storage and analytics giant's underlying systems and stole data from potentially hundreds of customers including Ticketmaster and Santander Bank.…
Intercontinental Exchange's Q1 revenue exceeded $1B – that'll sure teach 'em The New York Stock Exchange's parent company has just been hit with a $10 million fine for failing to properly inform the Securities and Exchange Commission (SEC) of a 2021 cyber intrusion. …
Follows similar efforts from the SEC and DHS in recent months The US has approved mandatory data breach reporting requirements that impose a 30-day deadline for non-banking financial organizations to report incidents.…
Gang thought to be behind attack on MGM Resorts has a skillset larger than most cybercrime groups in existence Microsoft's latest report on "one of the most dangerous financial criminal groups" operating offers security pros an abundance of threat intelligence to protect themselves from its myriad tactics.…
Up 188% on 2020 but could be because financial institutions were encouraged to report incidents Banks in the US paid out nearly $1.2 billion in 2021 as a result of ransomware attacks, a marked rise over the year before though it may simply be due to more financial institutions being asked to report incidents.…
'At least ten' people didn't declare coin income. Wow, what a bust The IRS has been granted a court order to collect records from a bank the agency said will help it identify US taxpayers who failed to report taxable income from crypto trades. …
Khamenei, can you just not? Not right now, fam The Iran-linked Cobalt Mirage crew is running attacks against America for both financial gain and for cyber-espionage purposes, according to Secureworks' threat intelligence team.…
Another year, another batch of record-setting cybercrime losses The FBI's latest yearly cybercrime report is bad news for those of us trying to stay safe: The criminals continue to have a leg up, leading to record financial losses.…