SWIFT, whose messaging network is used by banks to send payment instructions worth trillions of dollars each day, said three clients were hacked over the summer and cyber attacks on banks are set to increase.
The theft of $81 million in February from Bangladesh's central bank using SWIFT messages rocked faith in the system whose messages had, until then, been accepted at face value.
Security researchers have found a new Mac OS X malware that appears to be targeting the aerospace industry.
The Trojan, called Komplex, can download, execute, and delete files from an infected Mac, according to security firm Palo Alto Networks. Interestingly, the Trojan will also save a PDF document to the infected system concerning the Russian space program.
Google is putting its considerable internet might behind protecting the reporting of Brian Krebs, a respected security journalist who's website has been largely inaccessible for the past week due to a massive cyberattack.
According to security researcher Daniel Cid, at least 15,769 WordPress websites have been compromised this year by cyber-attackers who were able to evade Google's Safe Browsing checks.
Web encryption is about to see a major improvement with the finalization of the TLS 1.3 protocol, which brings enhanced security as well as faster loading pages. Cloudflare, a popular web company that offers DDoS protection and CDN services, among other things, said that it has already implemented TLS 1.3 for all of its customers. However, it’s now waiting on browsers to support it as well so that everyone can use it.
A report from Visa says that UK residents are nearly twice as likely to trust banks to keep biometric data such as fingerprints and iris scans safe.
It also revealed that nearly two thirds of us say the British are willing to use biometrics as a method of authentication.
So does biometric authentication for banking offer a safer alternative to pin numbers and passwords? If you’ve seen one of the many demonstrations over the last year of spoof fingerprints made from Plasticine you might not be quite so quick to adopt it as a primary authentication method.
BT is urging its customers to patch the firmware of its Wi-Fi extender unit after the discovery of security issues with the device.
The discovery was made by penetrating testing and security specialist Pen Test Partners, and concerns BT’s Wi-Fi Extender 300 Kit (Booster) unit running firmware V1.1.5.
The world is dangerously unprepared for a global disaster sparked by cyber attacks on space infrastructure, experts have warned.
Authorities are not doing nearly enough to stop space assets being hacked and used maliciously, according to a warning from security experts. The consequences of such a hack could be disastrous – anything from damage to trade and financial services to terrorists taking over strategic weapons.
Cisco has provided a patch to address a remote hijacking vulnerability in its Cloud Services Platform (CSP).
Switchzilla said that all customers who run CSP 2100 software should install the 2.1.0 update to close a remote code execution flaw it considers to be a high security risk.
Can you count to four? That is approximately how long it takes for an employee somewhere to download an unknown new variant of malware. This is according to security researchers Check Point, whose latest research projects, Check Point 2016 Security Report and Exploits at the Endpoint: SANS 2016 Threat Landscape Study reveal key challenges IT leaders are facing.
