Security News
Accelerating its push to aggressively grow global deployments and its market presence worldwide, NanoLock Security expanded its executive team to add deep utilities and security expertise with several new appointments including David Stroud who has joined NanoLock as GM of Europe and APAC. Stroud, who will be based in NanoLock's UK office, is an industry-recognized leader with over 15 years of deep international experience, along with direct expertise in the energy and metering sector - including through his successful tenure as executive director of EDMI Europe, a leading smart metering solution provider, and as general manager of Advanced Metering Services, New Zealand's largest metering provider. Stroud's presence in Europe and his highly relevant knowledge of this market will enable NanoLock to pursue further strategic partnerships in Europe and APAC with utilities and manufacturers.
A banking trojan named Bizarro that originates from Brazil has crossed the borders and started to target customers of 70 banks in Europe and South America. Bizarro is under constant development as its author keeps expanding the list of supporting banks and they modify it to improve anti-analysis protections.
Beyond Identity announced its expansion into Europe with a series of new hires to its sales, marketing and engineering team as well as a new Frankfurt data centre. Launched in April 2020 by Silicon Valley heavyweights Jim Clark and Tom Jermoluk, Beyond Identity has introduced a revolutionary passwordless identity management solution.
Accenture has entered into an agreement to acquire Openminded, a France-based cybersecurity services company that provides advisory, cloud & infrastructure security, cyber defense, and managed security services. Once completed, the acquisition would bring approximately 100 highly skilled cybersecurity professionals to Accenture Security's workforce of nearly 7,000 professionals globally and extend Accenture's cybersecurity presence and capabilities in France and in Europe.
Attention, Android users! A banking malware capable of stealing sensitive information is "Spreading rapidly" across Europe, with the U.S. likely to be the next target. FluBot, a nascent entry in the banking trojan landscape, began its operations late last year, with campaigns leveraging the malware infecting more than 60,000 users in Spain, according to an analysis published by Proactive Defence Against Future Threats in March 2021.
The data center market in Europe is expected to grow at a CAGR of over 4% during the period 2021-2026, according to ResearchAndMarkets. Data center operators have adopted innovative and energy-efficient cooling infrastructure solutions, aiming to reduce power consumption by up to 50%. This is expected to grow during the forecast period as market vendors are introducing innovative high-efficient cooling systems.
Inseego announced that its Wavemaker PRO 5G outdoor CPE FW2000e has been certified for use in Europe and the U.S., including FCC Band 48 support for CBRS networks and the newly auctioned C-band spectrum. Inseego Connect cloud software makes it easy for operators and businesses to remotely configure and manage any number of FW2000e CPEs deployed across their networks.
The Joompay app allows people to send and receive money from anyone in an easy and fun way. Veriff verifies the identity of Joompay users to help the company meet the KYC and AML requirements, while also preventing identity fraud.
Encrypted phone network Sky Global has seemingly shut down after European police swooped on users and distributors, and its chief exec was indicted by American prosecutors. News of the company shutdown was broken by Vice News after raids in Belgium and the Netherlands on Sky ECC users and resellers.
China-linked cyber-espionage group Mustang Panda is targeting telecommunications companies in Asia, Europe, and the United States for espionage purposes, according to a warning from security researchers at McAfee. The new malware attacks, McAfee says, employ the same tactics, techniques and procedures previously associated with Mustang Panda.