Source: National Cyber Security – Produced By Gregory Evans U.S. credit card firms ought to adopt biometrics in order to surpass the security standards of their European counterparts rather than simply catching up, according to a report by Fedscoop. Peters’ remarks come at a time when the chip-embedded credit cards…
China still trying to hack U.S. firms despite Xi’s vow to refrain, analysts say
Source: National Cyber Security – Produced By Gregory Evans Chinese government hackers have attempted in the past few weeks to penetrate the networks of U.S. companies to steal their secrets despite a pledge by China’s president that they would not do so, according to private researchers. Chinese hackers have targeted…
WhatsApp Web Bug Fixed, Security Firms Urge Users to Update Now
Source: National Cyber Security – Produced By Gregory Evans Towards the end of last month, Check Point, an Israeli-based security firm discovered a bug in WhatsApp Web, the PC version of the famous instant messaging and voice calling app, WhatsApp. However, even before this bug became known to the public,…
Cyber security firms eye India as attacks on world’s IT hub rise
Source: National Cyber Security – Produced By Gregory Evans Global cybersecurity company TaaSera launched its India business on Thursday, joining a growing number of cybersecurity firms eyeing India as a growth frontier amid an expected doubling of online crime in the country. Silicon Valley-based TaaSera said India, host to some…
U.S. Government, Firms Conduct International Cyber-Exercises
Source: National Cyber Security – Produced By Gregory Evans The 3-week effort, called Cyber Guard, comes as U.S. government systems and private firms suffer major attacks. This year, banks and energy officials took part. The U.S. Department of Defense wrapped up a 20-day series of cyber-exercises incorporating more than 100…
Hacker Pleads Guilty to Stealing Tax Filings from 4 CPA Firms
Source: National Cyber Security – Produced By Gregory Evans A Bulgarian hacker has admitted to participating in a $6 million fraudulent tax return scheme in which he used tax-filing information stolen from at least four major CPA firms in the U.S. Vanyo Minkov, 32, pleaded guilty Monday before U.S. District…
Incident response spend up as firms recognise cyber attacks are inevitable
Source: National Cyber Security – Produced By Gregory Evans European firms are shifting their cyber security investment from traditional prevention and protection to detection and response capabilities, a study has revealed. The shift in spending is due to a realisation that cyber attacks are inevitable, according to the study by…
Confronting Disruptive Forces, Financial Services Firms Need New Approach to Compliance
Source: National Cyber Security – Produced By Gregory Evans The financial services industry is facing disruptive forces in many forms, from changing customer behavior and the rise of digital technologies to a shifting regulatory landscape. New risks are emerging as well, many fueled by increasing challenges of fighting cyber-crime and…
Obama to urge tech firms to share data with government
Source: National Cyber Security – Produced By Gregory Evans The White House confirmed today the President would do so ahead of a cybersecurity summit bringing together leading industry and law enforcement figures. Besides Mr Obama, Apple’s Tim Cook is also due to speak at the conference. Top Google, Yahoo and…
EU could demand that Web firms decrypt emails: adviser
Source: National Cyber Security – Produced By Gregory Evans (Reuters) – The European Union should consider forcing Internet firms to help security services tap into coded emails and calls as part of a new strategy to combat militant attacks, the EU counter-terrorism coordinator says. The controversial proposal appears in a…