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Increasing Security Breaches In Mobile Banking Apps: FBI Warns Public

Escalating Security Breaches In Mobile Banking Apps: FBI Warns Public to Steadfast Security As the public keeps increasing their use of mobile banking apps on an extensive scale. It is mostly due to increased time at home due to the...

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Covid-19 Early Release Of Super: Skilled Cyber-Scammers Steals Thousands Of Dollars Using myGovID

The Federal government has recently allowed individuals affected by the outbreak of COVID-19 coronavirus to apply for the early release of their superannuation. Alarmingly, Government officials have uncovered a “highly complex” early-access fraud that robbed 150 Australians of $120,000 to...

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PCI DSS V4 – What To Expect?

It has been almost a year since we started to hear the news that the PCI council is about to release the PCI DSS standard–version 4.0. As a cybersecurity company, we have several clients who are curious about the upcoming...

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Beware Of Privacy-Policy Loopholes!

Every time you are installing a new application, updating your operating system, or getting a new loyalty card from the drugstore - you are presented with a lengthy legal statement and asked if you agree with the Terms of Service...

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Multi-Service Providers’ In Crosshairs Of Cybercriminals

Till a few years back, ransomware attackers focused on "quantity" rather than "quality".  We have seen several such incidents; one of the highest profiles among them was the WannaCry attack of 2017, which had hit a massive number of targets,...

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COVID-19: Beware Of The Virus, Beware Of The Scams!

"Coronavirus is officially declared as a pandemic"  The entire world is now striving hard to defend the systemic threats posed by COVID-19, but two unseen groups of people are poised to capitalize on the crisis:  Hackers and hand sanitizer vendors. ...

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Microsoft Data Breach:  Exactly How Bad Was It?

Although data breaches weren’t new for modern internet-dwellers, we rarely witnessed them in the case of larger companies. But, when entities like Yahoo announced breaches that affected billions of their user accounts in the past year, it became quite clear...

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Third-Party: The Road To Data Breach?

Data breaches are nothing new - continuing with their terrifying stories of 2019, the first quarter of 2020 has seen data leaks firmly taking their place in the news. While this included the prevalent phishing, malware, virus, and ransomware attacks,...

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Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 3

So, we’re back with the final part of the article! When looking at the information security breach statistics we have amassed all point to the finance sector in PART 1 and PART 2 of this feature, we could see that...

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Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 2

“Cyberattacks haven’t changed, but it has ramped up the pace it evolves and the outcomes.” – This is what we have precisely learned from PART 1 of this article. As such crimes are ever on its rise, recent cybersecurity attack...

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