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Information Security

GSS and Swift Partner to Enhance Cross-Border Payment Efficiency
E-Commerce
GSS and Swift Partner to Enhance Cross-Border Payment Efficiency

The realm of cross-border payments has been fraught with inefficiencies, particularly in terms of sanctions screening. Recently, Global Screening Services (GSS) and Swift have announced a strategic collaboration aimed at revolutionizing the global cross-border payment ecosystem. This partnership promises to tackle prevalent issues, streamline processes, and significantly improve the overall efficiency and compliance of financial institutions worldwide. Cross-border transactions have

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October 15, 2024
Game Freak Data Breach Exposes Personal Data and Game Secrets
Cyber Security
Game Freak Data Breach Exposes Personal Data and Game Secrets

In August 2024, Game Freak, the renowned Japanese video game developer famous for creating the Pokémon franchise, faced a major data breach. On October 10, the company divulged the extensive impact of the breach, revealing the exposure of confidential information, personal data of employees and partners, as well as potential game secrets. The widespread dissemination of sensitive information has sparked

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October 15, 2024
North Korean Hackers Pose as Recruiters to Target Job Seekers with Malware
Cyber Security
North Korean Hackers Pose as Recruiters to Target Job Seekers with Malware

In an alarming trend, North Korean hackers are now capitalizing on the desperation and enthusiasm of job seekers to deploy sophisticated malware through social engineering tactics. These hackers pose as recruiters on professional platforms such as LinkedIn, tricking users into fake job interviews. This method, while not new, has seen increased sophistication in its recent iterations, putting the cybersecurity landscape

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October 15, 2024
Are Your Backup Systems Vulnerable to New Ransomware Threats?
Cyber Security
Are Your Backup Systems Vulnerable to New Ransomware Threats?

Cybersecurity threats are continuously evolving as malicious actors develop new tactics to exploit vulnerabilities in software systems. One of the latest concerns is the exploitation of a critical flaw in Veeam Backup & Replication software, leading to ransomware deployments. Understanding these threats and how to protect against them is crucial for safeguarding your data. The emerging threat landscape highlights the

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October 15, 2024
Casio Hit by Major Ransomware Attack, Data Compromised and Systems Down
Cyber Security
Casio Hit by Major Ransomware Attack, Data Compromised and Systems Down

On October 14, 2024, it was brought to light a significant cybersecurity incident involving Casio, the renowned Japanese electronics manufacturer. The ransomware attack, one of the most high-profile in recent times, crippled many of Casio’s systems and led to the theft of a vast amount of sensitive data. This article details the incident, its causes, impacts, and the broader implications

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October 15, 2024
Are Cybersecurity Skills Shortages SMBs’ Greatest Security Threat?
Cyber Security
Are Cybersecurity Skills Shortages SMBs’ Greatest Security Threat?

As the threat landscape continues to evolve, Small and Medium-sized Businesses (SMBs) are grappling with an increasing cybersecurity skills shortage. This issue is so severe that it ranks as one of the top risks for these businesses, overshadowed only by zero-day threats. With limited resources and personnel, SMBs find it challenging to keep up with the rising tide of cyber

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October 15, 2024
Can AI-Powered Arta Finance Revolutionize Global Wealth Management?
Digital Wealth Management
Can AI-Powered Arta Finance Revolutionize Global Wealth Management?

Arta Finance has made a notable entrance into the wealth management scene with its AI-powered digital platform. Having initially launched in the U.S. in October 2023, the company quickly managed to accumulate hundreds of millions in assets and attract thousands of clients. Following this success, Arta has now expanded its services to accredited investors in Singapore and other international investors

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October 15, 2024
Boost Cloud Security: 5 Steps for Better Detection and Response
Cyber Security
Boost Cloud Security: 5 Steps for Better Detection and Response

The link between detection and response practices and cloud security has historically been weak. As global organizations increasingly adopt cloud environments, security strategies have largely focused on secure code practices, ensuring proper cloud posture, and fixing misconfigurations. However, this approach has led to an over-reliance on a multitude of detection and response (DR) tools spanning cloud infrastructure, workloads, and even

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October 15, 2024
How Will DoD’s New Cybersecurity Standards Impact Defense Contractors?
Cyber Security
How Will DoD’s New Cybersecurity Standards Impact Defense Contractors?

The recent finalization of the Cybersecurity Maturity Model Certification (CMMC) program by the US Department of Defense (DoD) marks a significant shift in cybersecurity protocols for defense contractors. With an aim to secure federal contract information (FCI) and controlled unclassified information (CUI) against an evolving threat landscape, these tightened standards will have far-reaching implications. This article delves into what the

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October 15, 2024
Lakeside Bank Partners with Volante to Modernize Payment Systems
Digital Lending / Digital Payments
Lakeside Bank Partners with Volante to Modernize Payment Systems

The financial landscape is constantly evolving, and community banks must adapt to stay competitive. Lakeside Bank, a stalwart in the Chicago banking scene, has taken a significant step in this direction by partnering with Volante Technologies. This partnership aims to modernize Lakeside’s payment processing infrastructure, aligning with global trends and boosting the bank’s service offerings. This strategic initiative demonstrates how

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October 15, 2024
CoreWarrior Malware Threatens Windows Systems with Rapid Self-Replication
Cyber Security
CoreWarrior Malware Threatens Windows Systems with Rapid Self-Replication

In the ever-evolving landscape of cybersecurity, emerging threats consistently pose significant challenges to safeguarding digital infrastructure. Among these threats is the recently identified CoreWarrior malware, a sophisticated and highly persistent Trojan specifically designed to target Windows machines. This malware stands out due to its aggressive self-replicating nature and complex evasion techniques, which make it particularly difficult to detect and mitigate.

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October 15, 2024
How Is the Evolving Cyber Threat Landscape Reshaping Defenses?
Cyber Security
How Is the Evolving Cyber Threat Landscape Reshaping Defenses?

The field of cybersecurity is in a constant state of flux, driven by the relentless evolution of cyber threats. As dangers grow more intricate and pervasive, the strategies and defenses designed to countermeasure these threats must adapt and innovate. This article delves into the key developments reshaping cybersecurity and the measures being employed to safeguard against an increasingly sophisticated threat

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October 15, 2024
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