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Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

By The Hacker News
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more

Alert: CISA Warns of Active 'Roundcube' Email Attacks - Patch Now

By Newsroom
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Monday added a medium-severity security flaw impacting Roundcube email software to its Known Exploited Vulnerabilities (KEV) catalog, based on evidence of active exploitation. The issue, tracked as CVE-2023-43770 (CVSS score: 6.1), relates to a cross-site scripting (XSS) flaw that stems from the handling of

Preventing Data Loss: Backup and Recovery Strategies for Exchange Server Administrators

By The Hacker News
In the current digital landscape, data has emerged as a crucial asset for organizations, akin to currency. It’s the lifeblood of any organization in today's interconnected and digital world. Thus, safeguarding the data is of paramount importance. Its importance is magnified in on-premises Exchange Server environments where vital business communication and emails are stored and managed.  In

FTC Bans Outlogic (X-Mode) From Selling Sensitive Location Data

By Newsroom
The U.S. Federal Trade Commission (FTC) on Tuesday prohibited data broker Outlogic, which was previously known as X-Mode Social, from sharing or selling any sensitive location data with third-parties. The ban is part of a settlement over allegations that the company "sold precise location data that could be used to track people's visits to sensitive locations such as medical and

DOJ Slams XCast with $10 Million Fine Over Massive Illegal Robocall Operation

By Newsroom
The U.S. Department of Justice (DoJ) on Tuesday said it reached a settlement with VoIP service provider XCast over allegations that it facilitated illegal telemarketing campaigns since at least January 2018, in contravention of the Telemarketing Sales Rule (TSR). In addition to prohibiting the company from violating the law, the stipulated order requires it to meet other compliance measures,

Cost of a Data Breach Report 2023: Insights, Mitigators and Best Practices

By The Hacker News
John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. With this data, they can make data driven decisions about how they implement

Top 7 Trends Shaping SaaS Security in 2024

By The Hacker News
Over the past few years, SaaS has developed into the backbone of corporate IT. Service businesses, such as medical practices, law firms, and financial services firms, are almost entirely SaaS based. Non-service businesses, including manufacturers and retailers, have about 70% of their software in the cloud.  These applications contain a wealth of data, from minimally sensitive general

Founder of Bitzlato Cryptocurrency Exchange Pleads Guilty in Money-Laundering Scheme

By The Hacker News
The Russian founder of the now-defunct Bitzlato cryptocurrency exchange has pleaded guilty, nearly 11 months after he was arrested in Miami earlier this year. Anatoly Legkodymov (aka Anatolii Legkodymov, Gandalf, and Tolik), according to the U.S. Justice Department, admitted to operating an unlicensed money-transmitting business that enabled other criminal actors to launder their

WhatsApp's New Secret Code Feature Lets Users Protect Private Chats with Password

By Newsroom
Meta-owned WhatsApp has launched a new Secret Code feature to help users protect sensitive conversations with a custom password on the messaging platform. The feature has been described as an "additional way to protect those chats and make them harder to find if someone has access to your phone or you share a phone with someone else." Secret Code builds on another feature
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