Security News

Shubham “Sam” Maheshwari joins SiFive as Chief Financial Officer
2020-04-05 22:30

SiFive, the leading provider of commercial RISC-V processor IP and silicon solutions, announced that Shubham "Sam" Maheshwari has joined the company as Chief Financial Officer. Maheshwari will lead SiFive financial operations to enable sustainable company growth in support of industry needs and new market opportunities.

Guide: Making the financial case for outsourcing endpoint protection
2020-04-02 03:00

Outsourcing your endpoint protection can deliver positive returns by improving operational efficiency and minimizing risk, but it's not always easy to prove the business case. This guide delivers specific guidance on how to calculate savings in the context of your organization's risk while accounting for size and industry.

Coronavirus ‘Financial Relief’ Phishing Attacks Spike
2020-04-01 19:48

Researchers are warning of an upward surge in social-engineering lures in malicious emails that promise victims financial relief during the coronavirus pandemic. This latest trend shows cybercriminals continuing to look to the newest developments in the coronavirus saga as leverage for phishing campaigns, targeted emails spreading malware and more.

Chadi Chahine joins STANLEY Security as Chief Financial Officer
2020-03-25 23:45

STANLEY Security, a global integrator of comprehensive security solutions, appointed Chadi Chahine as Chief Financial Officer on March 18. "Chadi will be a pivotal member of the STANLEY Security team, leading the overall financial strategy and planning while also laying the groundwork for future corporate initiatives," said Robert Raff, President of STANLEY Security.

Small business loans app blamed as 500,000 financial records leak out of ... you guessed it, an open S3 bucket
2020-03-18 11:30

A now-defunct mobile app for loaning money to small business owners has been pinned down as the source of an exposed archive containing roughly 500,000 personal and business financial records. The research team at vpnMentor said it traced an exposed database of financial records back to a former Android/iOS app called MCA Wizard, developed jointly by Advantage Capital Funding and Argus Capital Funding back in 2018.

How financial services firms are handling data privacy
2020-03-18 04:30

One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a report by Accenture. It focuses on how companies should rethink how they use, store and protect customer data as recently implemented regulations, including the General Data Protection Regulation and the California Consumer Privacy Act, give consumers explicit privacy rights.

Financial Services Firms Exposed 500,000 Sensitive Documents
2020-03-17 19:49

Researchers say two financial services companies have exposed over 500,000 sensitive legal and financial documents by storing them in an unprotected AWS S3 bucket. VpnMentor's research team discovered the exposed database in December 2019.

John F. Abbot joins Datto as Chief Financial Officer
2020-03-03 23:30

Datto, the leading global provider of cloud-based software and technology solutions delivered through managed service providers, announced that John F. Abbot has joined its executive management team as Chief Financial Officer, effective March 2, 2020. In his role, Abbot will work closely with Datto's senior executive team and its board of directors, driving key processes and systems to enable the business to maintain close touch with MSPs, and he will oversee all global aspects of Datto's financial and accounting operations.

Cybercriminals and drug cartels are teaming up to spread malware and steal financial information across Latin America
2020-03-03 15:54

Cybercriminals are now partnering with drug cartels across Latin America to attack financial institutions and governments, leveraging a wide variety of scams and malware to make millions, according to a new report from cybersecurity firm IntSights. Mexican law enforcement arrested Héctor Ortiz Solares-known as "El H-1" or "Bandido Boss"-in 2019 after he spent years recruiting top-tier hackers who built malware for his gang, named "Bandidos Revolution Team." The malware was designed to infect ATM machines and attack Latin American banks.

UK Financial Regulator Admits to Data Breach
2020-02-26 09:38

Britain's Financial Conduct Authority on Tuesday admitted to a data breach, in an embarrassing revelation for the regulator and its boss, who shortly takes over at the Bank of England. The FCA said it had mistakenly published the details of around 1,600 consumers who had complained about the regulator, which is tasked with overseeing the conduct of Britain's key financial sector, including any data breaches by banks for example.