Security News

Two vulnerabilities patched recently by Oracle in its E-Business Suite solution can be exploited by hackers for various purposes, including to tamper with an organization's financial records. Researchers at Onapsis, a company that specializes in protecting business-critical applications, last year discovered several vulnerabilities in Oracle EBS. Some of the flaws were patched by the vendor in April 2019, but two of them, which Onapsis has dubbed "BigDebIT," were only fixed with the critical patch update released by Oracle in January 2020.

Syniverse announced it has appointed Andrew Davies as chief financial and administrative officer. He replaces Simeon Irvine, who served as interim chief financial officer and who will continue with Syniverse as its chief transformation officer.

Internet security and threat intelligence firm Team Cymru announced the appointment of Darren Bounds as its Chief Financial Officer. Bounds will join the senior executive team to lead the finance, legal, and human resources functions, with responsibility for overseeing the alignment of the firm's growth strategy and financial goals as it expands into the commercial space.

Reltio announced the appointment of Matt Gallatin as Chief Financial Officer. Gallatin brings nearly three decades of experience in financial management for technology companies, including Drawbridge, OneLogin and Yahoo!, to Reltio's executive team.

Financial services organizations of all sizes must remain one step ahead of financial crime. Financial services organizations of all sizes rely on Guardian Analytics' sophisticated real-time behavioral analytics and machine learning solutions.

Qualys, a pioneer and leading provider of cloud-based IT, security and compliance solutions, announced the appointment of Joo Mi Kim as Chief Financial Officer. An accomplished leader in financial and strategic planning for technology companies, Joo Mi will play a critical role in leading Qualys to its next stage of growth.

Together, the two companies are transforming storage and helping reduce financial and operational risk by offering advanced storage on demand. The partnership between Zadara and Cyxtera alleviates the burden of owning and managing storage infrastructure and provides the functionality of enterprise storage without incurring rigid CapEx costs.

The majority of data breaches are for financial gain-up from 71% in 2019, the annual report found. "We're seeing an awful lot of misconfiguration of cloud applications that actually makes the data that's housed in these cloud applications more susceptible to theft," Loveland said.

Businesses in financial services are ahead of the government sector in adopting DevOps to increase their speed of development and free up developer time, but hurdles still remain, according to Redgate. "At the heart of what makes the financial services sector so interesting is its willingness to adopt a generative culture, which focuses on breaking free of siloes and promoting a proactive, collaborative atmosphere," notes Kendra Little, Redgate DevOps Advocate and author of the report.

A new phishing campaign is targeting investment brokers with fraudulent emails aimed at stealing their Microsoft SharePoint and Office credentials, by invoking the identity of a credible financial regulatory organization. The "Widespread, ongoing phishing campaign" is using emails that claim to be from specific officers at the Financial Industry Regulatory Authority, in an attempt to direct investment brokers to give up their Microsoft Office or SharePoint passwords, according to a post on the organization's website.