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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

The stages of a cyberattack are analogous to that of a bank robbery. When discussing the progression of a cyberattack with CXOs, I often describe it like this: • Stage 1: When bank robbers are planning a heist, the first thing they do is identify potential banks to target. Stay up to date. Train employees to be vigilant.

Banking 121
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Mastercard takes on UPI with new biometric payment passkey in India

CIO Business Intelligence

The new service will initially pilot in India with some of the country’s largest payment players, including payment aggregators such as Juspay, Razorpay, and PayU, along with major online merchants like bigbasket and leading banks such as Axis Bank, Mastercard said in a statement.

Banking 120
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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.

Banking 98
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Companies can silently reroute your texts to hackers, sometimes for just $16

The Verge

Sometimes, the companies providing the service don’t send any sort of message to the number that’s being redirected, either to ask permission or even to notify the owner that their texts are now going to someone else. Some password managers even have support for 2FA built in, like 1Password or many of the other free managers we recommend.

Company 130
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CIOs Look For Ways To Fool Hackers

The Accidental Successful CIO

Image Credit: Brian Klug Every CIO realizes that a key part of their job is to find ways to keep the bad guys out of the company’s networks. However, I think that we all have to agree that despite our best efforts there is always the possibility that the bad guys may find a way to get into our networks.

Firewall 130
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SINET Announces 2015 Top 16 Emerging Cybersecurity Companies

CTOvision

The companies, which were selected from a pool of 122 applicants from around the world, represent a range of Cybersecurity solution providers who are identifying cutting-edge technologies to address Cybersecurity threats and vulnerabilities. The following companies were selected as the 2015 SINET 16 Innovators: Bayshore Networks, Inc.

Company 150
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SMS-based two-factor authentication may be headed out the door

Network World

SMS messaging for two-factor authentication might become a thing of the past. Its latest draft of its Digital Authentication Guideline, updated on Monday, warns that SMS messages can be intercepted or redirected, making them vulnerable to hacking. federal agency is discouraging its use.