Information Security Archives | Page 431 of 687

Fintech Blockchain

How Will Ethereum’s Dencun Upgrade with Proto-Danksharding Impact Scalability?

Ethereum is on the precipice of a transformative upgrade named DenCun, planned for March 13. This upgrade marks a critical step in surmounting its well-documented scalability challenges. The introduction of “proto-danksharding” is particularly noteworthy, it’s a feature poised to revolutionize Ethereum’s application development and user experience by enhancing transaction capacity and affordability through more efficient network processing. Proto-danksharding’s implementation is

February 13, 2024

Cyber Security

Cracking Down on Cybercrime: DoJ Disrupts Malware Networks

In a landmark operation, the U.S. Department of Justice has taken decisive steps to tackle the burgeoning issue of global cybercrime. In an impressive demonstration of international cooperation, the DOJ, with the aid of the FBI and law enforcement partners worldwide, has shut down four online domains that were instrumental in the distribution of a particularly insidious piece of malware,

February 13, 2024

Cyber Security

How Did a Fake LastPass App Sneak Into Apple’s App Store?

Despite stringent security measures by Apple, a recent incident has exposed potential cracks in the App Store’s defenses. A fake version of the popular password management app, LastPass, managed to slip through the gates. This breach is a stark reminder that even with rigorous checks in place, there can be lapses that allow malicious actors to dupe users within these

February 13, 2024

Cyber Security

UN Report: North Korea’s Cyberattacks Fund WMD Programs

North Korea has been implicated in a series of cyberattacks estimated to have amassed around $3 billion, a significant sum believed to be funneled into its weapons of mass destruction (WMD) program. A UN Security Council panel report has pointed to the Reconnaissance General Bureau as the orchestrator of these attacks, which span a period from 2017 to 2023. U.N.

February 13, 2024

Digital Lending / Digital Payments

Visa Enhances B2B Payments: Introducing Virtual Cards for Digital Wallets

Visa’s recent enhancement of its Visa Commercial Pay platform has made a significant impact in the B2B payment solutions sector. This upgrade allows for the integration of virtual corporate cards into employees’ digital wallets, such as Apple Pay or Google Pay, streamlining payments considerably. With this move, businesses can expect a more efficient tap-to-pay method that not only saves time

February 13, 2024

Cyber Security

How Did Zardoor Malware Infiltrate a Saudi Charity’s Network?

Cybersecurity breaches show no prejudice in selecting their victims, as demonstrated by a complex cyber-espionage attack on a Saudi Arabian non-profit organization. This invasion, which targeted the charity for its confidential data, is a sobering indicator of the expanding scope of cyber threats. It serves as a warning that no industry is immune to such dangers. Indeed, this incident highlights

February 13, 2024

DevOps

How Are North Korean Hackers Funding WMDs With Crypto Thefts?

Global sanctions against North Korea have not deterred its pursuit of nuclear and missile technology, as the secretive state has turned to digital theft to fund its ambitions. A UN investigation reports that, from 2017 to 2023, North Korean hackers have executed numerous cyberattacks on cryptocurrency exchanges and other financial entities, amassing around $3 billion to support their weapons programs.

February 13, 2024

Fintech Blockchain

Blockchain Optimism Fades: Institutional Traders’ Waning Confidence Revealed

The initial enthusiasm for blockchain as a game-changer in the financial sector is fading. New reports indicate that traders are becoming more skeptical about the technology’s role in finance. This shift in sentiment is underscored by a recent survey from global financial services firm JPMorgan, which reveals a decline in institutional traders’ faith in blockchain’s potential. This development marks a

February 12, 2024

Digital Lending / Digital Payments

Visa Expands Digital Wallet Services: New B2B Solutions Through Conferma Pay Partnership

Visa’s collaboration with Conferma Pay significantly advances B2B payments by integrating virtual corporate cards into digital wallets like Apple Pay and Google Pay. This integration means employees can eschew physical cards for a convenient mobile solution, streamlining transactions with speed and security. The use of digital wallets leverages tokenization, enhancing protection against fraud by using digital identifiers instead of actual

February 12, 2024

Digital Lending / Digital Payments

How is the Contactless Payments Market Shaping the Future of Transactions?

The world of payments is undergoing a dynamic shift as the convenience-centric ethos of modern consumers drives the demand for faster and more secure transaction methods. Contactless payments are leading this charge, offering a seamless financial experience and marking a significant change in how everyday purchases are made. This touch-free technology is being rapidly adopted, as it significantly cuts down

February 12, 2024

DevOps

Navigating the NFT Revolution: Understanding Rights and Risks

The world of digital art and ownership is experiencing an unprecedented transformation with the advent of Non-Fungible Tokens (NFTs). These unique digital assets, underpinned by the immutable and transparent ledger of blockchain technology, are redefining what it means to own and collect digital creations. NFTs have swept across the market, introducing new layers of complexity to the concept of ownership

February 12, 2024

Cyber Security

Massive Casino Data Leak: My WinStar App Exposes Customer Details

The WinStar Casino Resort, reputed to be the world’s largest casino, has recently suffered a data breach stemming from an unprotected database tied to their My WinStar app. The app was developed by the up-and-coming software company Dexiga, based in Nevada. This lapse in data security resulted in customer information, such as full names, contact details, and device IP addresses,

February 12, 2024