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The Future of Payments Security

Thales Cloud Protection & Licensing

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Strong Customer Authentication (SCA). Fraud and scams move to the web. Online skimming.

Security 143
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Florida Man Arrested in SIM Swap Conspiracy

Krebs on Security

Unauthorized SIM swaps often are perpetrated by fraudsters who have already stolen or phished a target’s password, as many banks and online services rely on text messages to send users a one-time code that needs to be entered in addition to a password for online authentication. All four major U.S.

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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Organizations in the finance sector manage trillions of dollars and maintain very valuable and vital electronic data, including bank account, credit card, and transaction information as well as sensitive data related to estates, wills, titles, and other matters. Thu, 09/01/2022 - 05:15. Data security challenges.

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Guest Blog: TalkingTrust. What’s driving the security of IoT?

Thales Cloud Protection & Licensing

Imagine a world where the retail value of your car actually grows over time – that’s now becoming a reality. There is also less hardware and compute power to work in your typical IoT device when compared to traditional devices, so embedding security becomes a matter of choice, rather than necessity. Edge Devices.

IoT 77
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Attack of drones: airborne cybersecurity nightmare

Security Affairs

Drones currently occupy a unique legal position as they are classified as both aircraft and networked computing devices. According to research firm Statista, the global retail drone market is expected to reach $90 billion by 2030, with Defense, Enterprise, and Logistics being the primary industries driving growth. Market overview.

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Class Action Targets Experian Over Account Security

Krebs on Security

The experiment was done from a different computer and Internet address than the one that created the original account years ago. Also, I could see no option in my account to enable multi-factor authentication for all logins.

Security 273
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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. ” The employees who kept things running for RSOCKS, circa 2016. A report commissioned by Sen.

Passwords 226