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US and Europe will block some Russian banks from SWIFT

The Verge

The letter, signed by the United States, UK, Canada, and European allies, lays out new measures to isolate Russia’s central bank, and announces a new trans-Atlantic task force to freeze the foreign assets of sanctioned individuals. used to authenticate payment instructions between banks. billion to $52 billion.

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Ransomware Exponentially Increasing as IoT Provides Physical Targeting Opportunities

CTOvision

million in 2015 to 638 million in 2016. Other researchers estimated economic payoff to criminals at $1 billion in 2016. Ransomware in late 2016 interrupted San Francisco Municipal Transportation Authority (SFMTA) payment machines and in Jan 2017 compromised the electronic key system of an Austrian hotel.

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Zero Trust Security for NIS2 compliance: What you need to know

CIO Business Intelligence

ii] (Organizations within sectors subject to previous NIS directive requirements must also comply with NIS2 mandates; those sectors include healthcare, banking and finance, and transportation.) Are you enforcing security policies consistently everywhere throughout the network? European Union. European Union.

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Read This If You Do Business in China

SecureWorld News

A Chinese bank forced two organizations, a UK-based technology and software vendor and a major financial institution, to download a software package in order to pay local taxes. But the bank left out a critical detail about the software: it included malware.". Trustwave called the backdoor GoldenSpy, issuing a warning about the threat.

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Building an SSI Ecosystem: MemberPass and Credit Unions

Phil Windley

It was March of 2016 and I was having a conversation with Timothy Ruff and Jason Law of Evernym about how difficult it would be to get a multi-sided verifiable credential market going. It's All About Authentication. But ultimately, the problem comes down to the member and credit union authenticating each other. One word: fraud.

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3 key mistakes leaders make today and how to overcome them

CIO Business Intelligence

Mistake 1: undisciplined growth Leaders are facing times of uncertainty, magnified recently with the collapse of Silicon Valley Bank and ongoing market turmoil. Alana Mayo is president at Orion Pictures, a division of MGM that’s dedicated to underrepresented voices and authentic storytelling in film. Chet earned his B.S.

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Fed Tech News Roundup 8 July 2015

CTOvision

Privileged user authentication and PKI are. Government Accountability Office (GAO), which sought to determine the efficacy of security audits for banks, thrifts, and credit unions, found that gaining access to actionable threat intelligence. Some are already. Marine Corps, Interior Dept.

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