In today’s digital landscape, the convergence of networking and security has become paramount for organizations aiming to effectively combat cyber threats. According to the results of Cato Networks’ 2023 SASE Adoption Survey, an overwhelming 82% of IT leaders worldwide are now actively driving the convergence of their networking and security teams. This shift signifies a paradigmatic change, where the merging
In a significant development for the financial industry, JPMorgan has introduced the Tokenized Collateral Network (TCN), a revolutionary blockchain-based collateral settlement application. With the potential to accelerate the settlement process for real-world collateral, TCN aims to enhance efficiency and transparency in the financial market. This article delves into the features and implications of TCN, explores the increasing interest of traditional
The financial ecosystem is rapidly evolving, thanks to the progress of fintech and the transformative power of blockchain technology. With its ability to revolutionize various industries, blockchain development companies are gaining a significant advantage. In this article, we will explore the role of blockchain in fintech, its projected growth, the recent boom in the fintech industry, the emergence of decentralized
In a new and concerning development, threat actors have been observed leveraging Binance’s Smart Chain (BSC) contracts to serve malicious code. This tactic, known as the “next level of bulletproof hosting,” poses significant challenges for intervention and disruption. Guardio Labs has dubbed this ongoing malware campaign as EtherHiding, shedding light on the increasing sophistication of cyber threats. Background of the
The encrypted messaging app Signal has strongly denied viral reports of an alleged zero-day flaw in its software, following an extensive investigation into the matter. The claims have been dismissed by Signal, who found no evidence to support the alleged vulnerability. Furthermore, Signal confirmed that it consulted with the U.S. government, which also stated that there was no information to
Pro-Russian hacking groups have recently been identified as exploiting a security vulnerability in the popular WinRAR archiving utility in a sophisticated phishing campaign. The primary objective of this campaign is to harvest credentials from compromised systems, posing a significant threat to the cybersecurity landscape. Description of the Attack The attack revolves around the utilization of malicious archive files that leverage
The recent Israel-Gaza conflict has not only resulted in physical damage and casualties but has also given rise to cybersecurity threats. Threat actors have been observed targeting Israeli rocket alerting applications, using them as a means to spread fear and deploy mobile spyware. One such instance involved the exploitation of a vulnerability in the popular ‘Red Alert: Israel’ application, allowing
A vulnerability in industrial routers manufactured by Milesight, a Chinese IoT and video surveillance product maker, has recently come to light. Exploit and vulnerability intelligence firm, VulnCheck, has reported the possibility of the vulnerability being exploited in attacks. This raises concerns about the security of critical infrastructure systems that rely on these routers. Overview of the vulnerability The vulnerability, known
Microsoft is taking significant steps to enhance the security of Windows authentication by introducing new features for the Kerberos protocol, with the ultimate aim of eliminating the use of the vulnerable NTLM protocol. This proactive approach from Microsoft comes as NTLM is increasingly being targeted by relay attacks, and its weak password protection can easily be compromised with modern hardware.
In today’s digital age, where remote work and global connectivity are the norm, virtual private networks (VPNs) have become increasingly relevant to the success of digital transformation for teams and employees. This article examines the benefits and importance of VPNs in enhancing productivity, safeguarding online activities, and protecting businesses from cyber threats. Benefits of VPNs for organizations By enabling secure
As the threat landscape continues to evolve and cybercriminals wreak havoc on businesses, companies seeking cyber insurance policies are facing increasingly stringent cybersecurity requirements. Insurance providers are keen to protect themselves from the ever-increasing damage caused by cyberattacks. In recent years, insurance companies have started incorporating Privileged Access Management (PAM) into their cybersecurity standards as a necessary component for cyber
In a strategic partnership, Flagright, a leading provider in anti-money laundering (AML) compliance and fraud prevention, has welcomed Banked as its latest customer. This alliance is projected to significantly transform the landscape of digital payment security, offering enhanced protection to merchants and consumers alike. Banked’s Unique Approach to Payment Methods Banked has been making waves in the payment industry by
