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How can real-time payments be secured?

David Worthington,
Rambus

David Worthington, VP, Payments at Rambus In today’s on-demand world, we expect to be able to spend, move and receive money instantly. For this reason, real-time payments (RTP), also known as ‘faster payments’ or ‘instant payments’, are gaining momentum globally. Accenture estimates that there are now 35 countries with real-time payment schemes in operation or under development. With account-based fraud ... Read More »

Back to basics: Ten Tips for Outsmarting Ransomware

Steve Mulhearn,
Fortinet

By Steve Mulhearn, Director of Enhanced Technologies, Fortinet Just one year ago, the WannaCry ransomware attack made global headlines when it hit 230,000 computers, creating total chaos. A number of high-profile organisations have continued to be targeted by this ransomware, some quite recently. Just a few weeks ago, the Atlanta police department fell victim to a ransomware attack which cost them ... Read More »

Boffins offer to make speculative execution great again with Spectre-Meltdown CPU fix

A group of computer science researchers has proposed a way to overcome the security risk posed by speculative execution, the data processing technique behind the Spectre and Meltdown vulnerabilities. In a paper distributed this week through the ArXiv preprint server, “SafeSpec: Banishing the Spectre of a Meltdown with Leakage-Free Speculation,” computer scientists from University of California, Riverside, College of William and Mary ... Read More »

PageUp confirms some data compromised in breach

PageUp has confirmed that some data held on its clients may be at risk, after revealing earlier this month it had fallen victim to a malware attack. “Forensic investigations have confirmed that an unauthorised person gained access to PageUp systems,” the company wrote at the weekend. “Although the incident has been contained and PageUp is safe to use, we sincerely regret ... Read More »

Cybercrime against Irish business on the rise

New research from PricewaterhouseCoopers (PwC) suggests crime against business is on the rise. It also suggests cybercrime is the top form of crime against Irish businesses, and is twice as prevalent here as the international average. In its Irish Economic Crime and Fraud report, PwC finds that almost half of the 77 companies surveyed have experienced some form of crime over the last two ... Read More »

Firm hit with €443,000 fine for cyber breach

A cybersecurity expert has warned firms must recognise cyber attacks as a “clear and present danger”, as the Central Bank fined an asset management company after it lost €650,000 of a client’s funds in an online scam. Chief executive of Smarttech247, Ronan Murphy said companies had to accept cybersecurity as an essential part of modern business, as Appian Asset Management ... Read More »

Donald Trump hails successful summit with Kim but North Korean cyberattacks went unaddressed

Among the subjects President Donald Trump apparently didn’t discuss with North Korean leader Kim Jong-un in Singapore – the regime’s human rights abuses, its exports of missile technology and its mistreatment of US prisoners – there’s one more: its long record of dangerous cyberattacks against sensitive targets in the US and allied nations. Experts warn that the country’s hacking skills ... Read More »

Australian Criminal Intelligence Commission bins NEC-built biometrics project

The Australian Criminal Intelligence Commission (ACIC) has unplugged a biometric identification project. The ACIC cited project delays as the reason it’s terminated its contract with NEC Australia. NEC won the contract in 2016 from the ACIC’s predecessor organisation, CrimTrac, and it was supposed to be operational in 2017, with the company also expected to provide years of management services. The ... Read More »

Data breach under control and under investigation, says Liberty CEO

Liberty Holdings CEO David Munro told reporters on Sunday evening that it was in control of its technology and data infrastructure and was working with authorities to get to the bottom of a data breach which occurred on Thursday evening. He maintained that no clients suffered any financial loss as a result of the data breach. The company alerted clients of ... Read More »

ClipboardWalletHijacker Malware Campaign Infects 300,000 Computers

For all crypto traders, here comes yet another malware threat!. A new malware campaign monitors victim computer clipboards for your Bitcoin and Ethereum addresses to steal coins. The robust malware named ClipboardWalletHijacker has infected around 300,000 computers within one week. Researchers from the 360 Security Center have discovered a new malware targeting Bitcoin and Ethereum users. The Trojan named ‘ClipboardWalletHijacker’ literally hijacks ... Read More »