FedNow, the Federal Reserve's first instant payment service, officially launched on Thursday. FedNow so far has 35 banks and credit unions and 16 service providers certified to use the service, including community banks and large lenders such as JPMorgan Chase and Bank of New York Mellon.
Days after attributing the recent breach in its customer environment, enterprise software company JumpCloud on Thursday confirmed the involvement of a North Korean nation-state actor who appears to be financially motivated to steal cryptocurrency.
Between July 14 and 20, senators introduced a bill to address DeFi risk, Nasdaq held back crypto custody plans, DeFi hackers laundered lesser amounts of stolen funds in the first half of this year than in H1 2022, and an Australian bank blocked payments to high-risk crypto exchanges.
Brazil's instant payment system, PIX, is second only to India's UPI in number of transactions. As the United States prepares for the launch of FedNow, GFT's Carlos Kazuo Missao shares his experience with PIX and some important lessons U.S. banks can learn from Brazil.
While self-proclaimed Russian hacktivist groups such as KillNet, Tesla Botnet and Anonymous Russia claim they're wreaking havoc on anti-Moscow targets, a fresh analysis of their attacks finds that despite rampant self-promotion, their real-world cybersecurity impact is typically negligible.
The Biden administration on Tuesday initiated a nationwide cybersecurity certification and labeling program aimed at helping consumers choose smart devices that offer enhanced protection against hacking risks. Products will have a QR code and follow NIST standards.
Microsoft customers will gain access to expanded cloud logging capabilities at no additional cost just days after lower-level customers were unable to detect a Chinese cyberattack. CISA has identified several security logs - critical to detect and prevent threat activity - that currently cost extra.
The Ukrainian Cyber Police dismantled yet another large-scale bot farm spreading Russian propaganda over social media. Cyber police seized nearly 150,000 SIM cards of different mobile operators used in the campaign to create fake social media profiles.
Top U.S. and Australian cybersecurity agencies strongly urged users to patch a critical zero-day flaw in Citrix ADC and Gateway appliances being exploited by unnamed threat actors in the wild. The bug, which is tracked as CVE-2023-3519, gives unauthenticated attackers RCE privileges.
The U.S. government has added two more commercial spyware vendors - Cytrox and Intellexa - to its list of organizations that face restrictions if they attempt to procure American goods or services, owing to the firms' "threatening the privacy and security of individuals and organizations worldwide."
Many critical infrastructure sector organizations, especially smaller entities, will likely struggle to comply with an upcoming requirement to report cyber incidents to federal regulators within 72 hours - due to an assortment of reasons, said Stanley Mierzwa of Kean University.
In the post-digital transformation world - and in advance of the coming of quantum computing - it's time to future-proof cybersecurity by nurturing a culture of security. Dean Coclin of DigiCert discusses how banking institutions can embrace this change.
In this interview with Information Security Media Group,...
It's becoming more critical than ever for hospitals to have vigorous programs that continuously evaluate and address the security risks posed by third-party vendors, said John Riggi, national adviser for cybersecurity and risk at the American Hospital Association.
Cryptocurrency hackers are shifting their focus from bitcoin to other tokens and newer blockchain services such as cross-chain bridges for illicit activity. Why is the oldest crypto token so unappealing to hackers these days, and what do other options offer? Ari Redbord of TRM Labs explained.
President Xi Jinping directed state agencies to strengthen the government’s control over the internet and information technology sector, potentially discouraging investment in the country. Among the obstacles is a new Counter-Espionage Law focused on investigating foreign companies.
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