Security News
An adversary known for targeting the fintech sector at least since 2018 has switched up its tactics to include a new Python-based remote access Trojan that can steal passwords, documents, browser cookies, email credentials, and other sensitive information. In an analysis published by Cybereason researchers yesterday, the Evilnum group has not only tweaked its infection chain but has also deployed a Python RAT called "PyVil RAT," which possesses abilities to gather information, take screenshots, capture keystrokes data, open an SSH shell and deploy new tools.
Due to the nature of cyber-physical systems, incidents can quickly lead to physical harm to people, destruction of property or environmental disasters. The funcion of CPSs. CPSs are defined as systems that are engineered to orchestrate sensing, computation, control, networking and analytics to interact with the physical world.
McAfee announced the appointment of Venkat Bhamidipati as executive vice president and chief financial officer effective September 2, 2020. Bhamidipati joins McAfee from Providence, a healthcare company with $25B in annual revenues, where he was executive vice president and chief financial officer.
Hungary is among numerous countries in Eastern Europe poised for an explosion in real-time payments growth, with several Hungarian banks and intermediaries leveraging ACI's unrivalled Real-Time Payments solution to capitalize on the expected rise in digital transaction volumes. Long-standing customer OTP Bank is leveraging ACI's Real-Time Payments solution to connect to the scheme; the solution offers a complete range of capabilities for processing real-time payments, including origination, processing, clearing, fraud detection and connectivity-all on a single platform.
A hack-for-hire group has been targeting organizations in the financial sector since 2012, for cyber-espionage purposes, Kaspersky's security researchers reveal. Tracking the hacking group since 2018, Kaspersky was able to link its activity to the Powersing, Evilnum and Janicab malware families, thus suggesting that the threat actor might have been active since at least 2012, yet it continues to develop its toolset.
As part of the collaboration, Wipro will offer SIMM-in-a-box to financial institutions covered under Uncleared Margin Rules. The offering will allow financial institutions to calculate trade sensitivities, generate CRIF file and calculate initial margin in-house.
NICE Actimize announced the launch of its newest platform, NICE Actimize Xceed, which integrates best-in-class AI, data intelligence, behavioral analytics, and insights within a unified cloud platform designed to bring agility to financial institutions of all sizes, including community and regional banks, that are looking to modernize their financial crime risk management solutions. With "Always On" AI-based technology, NICE Actimize Xceed's self-learning capabilities immediately and autonomously adapt to new threats, helping financial institutions meet today's dynamic risk management needs with laser accuracy, speed and simplicity, and without the need for a team of data scientists.
In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. had exposed approximately 885 million records related to mortgage deals going back to 2003. On Wednesday, regulators in New York announced that First American was the target of their first ever cybersecurity enforcement action in connection with the incident, charges that could bring steep financial penalties.
According to the survey, 32% of financial organizations have already seen an increase in data subject access rights requests since the CCPA came into force on January 1, 2020. This means that many financial organizations, which are already facing tough times, will need to allocate additional workforce and budget to ensure compliance with the CCPA. Other findings 33% of financial organizations discovered sensitive or regulated customer data outside of designated secure locations.
Motorola Solutions announced that Jason Winkler has been named executive vice president and chief financial officer, effective July 1, 2020. Winkler succeeds Gino Bonanotte, who has decided to retire from Motorola Solutions on December 31, 2020.