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Report Shows Major Security Holes in Banking Apps

Adam Levin

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Other findings included improperly secured database commands (capable of allowing man-in-the-middle attacks), weak encryption, and the ability to reverse-engineer the app code into a readable format.

Retail 74
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Security Affairs newsletter Round 417 by Pierluigi Paganini – International edition

Security Affairs

Every week the best security articles from Security Affairs are free for you in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

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How to handle a ransomware attack 

IBM Big Data Hub

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. Hackers know this might be your first instinct, and some types of ransomware notice restart attempts and cause additional harm, like damaging Windows or deleting encrypted files.

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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

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First Multistate HIPAA Data Breach Lawsuit May Signal Increased State Interest in Data Security Enforcement

Data Matters

The stolen information allegedly included names and identifying information, hashed passwords, security questions and answers, family information, Social Security numbers, lab results, health insurance information, doctor’s names, and medical conditions, among other things.

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First-of-its-Kind Multistate Litigation Involving HIPAA-Related Data Breach Reaches 900,000 Dollar Settlement

Hunton Privacy

Arizona and 15 other states (the “Multistate AGs”) filed the suit in December 2018, asserting claims under the federal Health Insurance Portability and Accountability (“HIPAA”) as well as various applicable state data protection laws. failed to encrypt the sensitive ePHI. failed to encrypt the sensitive ePHI.