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Information Security

Iranian Spear Phishing Threat Intensifies: UK and US Issue Cyber Alert
Cyber Security
Iranian Spear Phishing Threat Intensifies: UK and US Issue Cyber Alert

The cybersecurity landscape has once again been rocked by alarming news. The UK and US have issued a joint alert highlighting the intensifying threat of spear-phishing campaigns orchestrated by Iran’s Islamic Revolutionary Guard Corps (IRGC). With the primary targets being individuals connected to Iranian and Middle Eastern affairs, the stakes have never been higher. Collaborative Cybersecurity Advisory United Effort to

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Boards Must Include CISOs in Strategy for Better Cyber-Resilience
Cyber Security
Boards Must Include CISOs in Strategy for Better Cyber-Resilience

In today’s digital era, Chief Information Security Officers (CISOs) are integral to the fabric of an organization’s cybersecurity strategy. However, their expertise is frequently underutilized within the strategic decision-making processes. Many organizations have yet to realize that excluding CISOs from these high-level discussions can substantially undermine their efforts to bolster cyber-resilience. Accepting this oversight could leave critical vulnerabilities unaddressed and

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State CISOs Face Growing Cyber Threats Amid Funding Challenges
Cyber Security
State CISOs Face Growing Cyber Threats Amid Funding Challenges

The rising tide of digital transformation in government services has brought with it a slew of cyber threats. As state Chief Information Security Officers (CISOs) strive to protect sensitive data and critical infrastructure, they find themselves grappling with significant financial constraints. This interplay of increasing cyber threats and insufficient funding is an urgent issue confronting state governments across the United

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Should Bitcoin Be Regulated as a Commodity Like Gold and Oil?
Fintech Blockchain
Should Bitcoin Be Regulated as a Commodity Like Gold and Oil?

In a recent appearance on Fox Business’ "Mornings with Maria," Cantor Fitzgerald CEO Howard Lutnick passionately argued for Bitcoin to be classified as a commodity, like gold and oil. During the September 27 segment, Lutnick stressed the urgent need for a clearer regulatory framework for cryptocurrencies. He contended that Bitcoin’s status as a commodity is well-established, and the lack of

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Critical NVIDIA Toolkit Flaw Puts Containerized Environments at Risk
Cyber Security
Critical NVIDIA Toolkit Flaw Puts Containerized Environments at Risk

A serious security vulnerability has been detected in the NVIDIA Container Toolkit, identified as CVE-2024-0132, and it has caused significant concern in the tech community. With a high Common Vulnerability Scoring System (CVSS) score of 9.0, this flaw has the potential to allow attackers to breach container isolation and gain access to the host system. This revelation is particularly alarming

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Jack Henry and Victor Tech Launch Embedded Payments Platform for Banks
Embedded Finance
Jack Henry and Victor Tech Launch Embedded Payments Platform for Banks

In a significant move for the financial technology sector, Jack Henry & Associates has partnered with Victor Technologies to unveil a new embedded payments platform designed for regional and community financial institutions. This innovative Payments-as-a-Service (PaaS) solution aims to revolutionize how financial institutions support their business customers and fintech clients. Partnership and Product Launch Collaboration Between Industry Leaders Jack Henry

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Critical Apache Tomcat Vulnerability CVE-2024-38286 Requires Urgent Update
Cyber Security
Critical Apache Tomcat Vulnerability CVE-2024-38286 Requires Urgent Update

The identification of a new vulnerability in Apache Tomcat, labeled CVE-2024-38286, has sent ripples through the tech community, underscoring an urgent need for users to update their systems. This newly discovered flaw allows attackers to execute Denial of Service (DoS) attacks, debilitating the performance and availability of applications reliant on susceptible versions of Tomcat. The vulnerability arises from the abuse

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Binance Launches Leveraged Worldcoin Perpetual Contract with Up to 20x
Fintech Blockchain
Binance Launches Leveraged Worldcoin Perpetual Contract with Up to 20x

Binance, the world’s leading cryptocurrency exchange by trading volume, has announced an exciting addition to its extensive range of trading options that will undoubtedly captivate traders worldwide. Starting October 2, 2024, traders will be introduced to the new WLDUSD COIN-M perpetual contract, which allows them to leverage their investments up to 20 times. This move is part of Binance’s broader

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Is Bitcoin Heading to $70,000 Following Stablecoin Inflows and China’s Stimulus?
Fintech Blockchain
Is Bitcoin Heading to $70,000 Following Stablecoin Inflows and China’s Stimulus?

The recent surge in Bitcoin’s price has garnered significant attention, driven largely by the combination of stablecoin inflows and China’s massive economic stimulus measures. Bitcoin has managed to break out of its recent downtrend, now targeting the $70,000 mark. This positive movement is supported by an influx of stablecoin liquidity and a broader recovery in the cryptocurrency market, contributing to

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How Are Cyber-Attacks Impacting English Schools in 2023/24?
Cyber Security
How Are Cyber-Attacks Impacting English Schools in 2023/24?

Cyber-attacks have become a serious threat to various sectors, and English schools are no exception. With the academic year 2023/24 witnessing an unprecedented rise in cyber incidents, educational institutions across England are grappling with the devastating consequences. The increasing frequency and impact of cyber-attacks on English schools have been alarming, leading to significant disruptions in educational activities and highlighting the

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How Are Cyber Scams Affecting Trust in Digital Payments Globally?
Digital Lending / Digital Payments
How Are Cyber Scams Affecting Trust in Digital Payments Globally?

The digital payments landscape is evolving rapidly, presenting unparalleled convenience and efficiency. However, this advancement is being shadowed by an equally fast-growing threat: cyber scams. Recent findings from Chubb’s survey titled “The Impact of Cyber Scams on Trust in Digital Payments” reveal a concerning trend wherein consumer confidence is being significantly undermined by cyber fraud. The survey spans various geographical

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BBTok Banking Malware Uses PowerShell, Python, dnlib to Evade Detection
Cyber Security
BBTok Banking Malware Uses PowerShell, Python, dnlib to Evade Detection

BBTok, a sophisticated banking malware, continues to evolve since its initial identification in 2020. Primarily targeting Latin America, the malware’s recent campaigns have especially focused on users in Mexico and Brazil. Researchers from GDataSoftware have delved deep into its sophisticated infection chain, revealing a complex combination of PowerShell, Python, and dnlib to effectively compromise and remain hidden in targeted systems.

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