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Bank Info Security 1 year, 4 months ago

New White House Plan to Track Spending Raises Cyber Risks

Trump's Procurement Tracking Directive Could Expose Vast Government Data to ThreatsThe White House is mandating federal agencies to track and justify every procurement, a move aimed at transparency but one that experts warn could expose troves of sensitive financial data to hacking, nation-state cyber threats and potential supply chain vulnerabilities across government systems.

Bank Info Security 2 years, 1 month ago

Fraudsters Impersonate CISA in Money Scams

CISA Won't Ask You to Wire Money or Keep Discussions SecretIf you've received an urgent phone call from the U.S. Cybersecurity and Infrastructure Security Agency about a security vulnerability, you should know: The call wasn't really from CISA. Americans reported more than $1.1 billion in financial losses due to impersonation scams in 2023.

Fintech provider flaw could have hit dozens of U.S. banks, says Salt Security Salt Security spotted a vulnerability in a large fintech company's digital platform that would have granted attackers admin access to banking systems in addition to allowing them to transfer funds to their own accounts.…