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Cyber Security

5 Tips to Choose the Right Internet Security Software

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Protecting yourself online is a never ending battle. In fact, sometimes I wish I did not know so much about the threats to security that are out there. Zombie botnets, financial scams, computer hostage taking. Every email you open could be the first step to disaster!Sure, internet security pros are working hard to keep all of us safe, but you have to take matters in your own hands to be sure.

The first step, from a consumer point of view is to select the right security software.  Here are 5 tips to help you make the right choice:

  1. Cleaning and protecting are not the same– Ridding an infected PC of malware is not the same as protecting a clean PC from potential threats. Many Internet security vendors claim their software works in both scenarios, but that is not the case. Just as vitamins are designed to prevent illness and antibiotics are designed to cure illness, the software that cleans an infected computer is not the best solution for protecting a computer. Do not confuse cleaning tools with antivirus protection.This distinction is explained in a Comodo video titled “Virus Protection vs. Virus Cleaning.”
  2. Much of the antivirus software on the market was developed in the1980s – Chances are you’re no longer using the same luggable PC or CPU tower you bought in the 80s, so why would you rely on the same security created 30 years ago, when solutions began focusing on protecting the user from published “blacklists” of known malware? You wouldn’t assume a stranger is trustworthy and invite them into your house just because their face isn’t on the FBI Most Wanted list, yet many computer users are doing just that when they trust their security to ‘default-allow’ software that grants access to unknown files. Consumers should look for Internet Security Software that relies on “default-deny” technology which scans all unknown applications before allowing them into your system.Comodo Internet Security has integrated default-deny architecture with autosandboxin in a way that is unique and explains why we are the only vendor that will guarantee that you will never harmed by a virus.
  3. Pop-up alerts are easier to manage than trojans, spyware and hacks– Leading security technology relies on auto sandbox technology that restricts the ability of potential viruses to run even before they become identified as a threat, but few solutions use this approach. With sandboxing, unrecognized files and applications are set aside and not allowed access to a user’s computer until they are identified as safe – or if found to be a threat, denied access. These unknown files are sandboxed so that they cannot do any harm to your system. Some industry analysts consider antivirus software with sandboxing an inconvenience because the program will send users pop-up messages alerting them when good or infected files are located, but savvy computer users understand x-ing out of a pop-up alert is far easier than losing critical and confidential information from a cyberattack. This approach is spotlighted in a Comodo video titled, appropriately, the “Good, the Bad and the Unknown.
  4. Not all reviews are complete and unbiased– For years, consumers have looked to “industry experts” for advice when considering which Internet security software to use, but here again, the choice they make – on what review or reviewer to consider – can make a big difference in how well they are protected. Consumers should educate themselves on how software reviewers determine a software program’s rating. Some testing labs aren’t able to adequately review approaches like autosandboxing or are subject to the same traditional “default allow” prejudices of the solution providers themselves. In some cases, the connection between reviewers and vendors is even more questionable, with reviewers requiring software manufacturers to pay a fee for a review and forbidding the solution provider from revealing the relationship.We prefer listening to the results of independent test labs, such as matousec.com and AV-Test Labs.
  5. Consider insights from other consumers – While many industry ratings and reviews may be valuable, consumers should also consider real-world reviewers – like other, knowledgeable users – who offer unsolicited and unbiased opinions on YouTube, Facebook, blogs, forums and other places online.

TEST YOUR EMAIL SECURITY GET YOUR INSTANT SECURITY SCORECARD FOR FREE Source: https://blog.comodo.com/pc-security/5-tips-to-choose-the-right-internet-security-software/

Cyber Security

Digitally Signed Bandook Trojan Reemerges in Global Spy Campaign

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The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

Source: https://threatpost.com/digitally-signed-bandook-trojan-spy-campaign/161676/

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Cyber Security

MacOS Users Targeted By OceanLotus Backdoor

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The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

Source: https://threatpost.com/macos-users-targeted-oceanlotus-backdoor/161655/

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Cyber Security

Pandemic, A Driving Force in 2021 Financial Crime

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The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

Source: https://threatpost.com/2021-financial-crime-covid-19/161665/

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Big Data

Contactless payments market to reach US$ 26.3 billion by 2027

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Contactless Payments Market To Reach US$ 26.3 Billion By 2027

The global contactless payments market is expected to surpass US$ 26.3 Billion by 2027 end, registering a CAGR of 12.9% during the forecast period of 2019 to 2027), as highlighted in a report published by Coherent Market Insights.

Increasing demand for contactless payments from the retail sector is expected to drive market growth during the forecast period. Retailers are modernizing their brick-and-mortar stores to offer secure services to customers and establishing online stores to increase revenue.

They are adopting advanced technologies such as big data analytics and cloud computing to increase their presence in the market. Retail manufacturers are using contactless payments methods that provide many benefits, such as reduced transaction time, increased operational efficiency, increased revenue, minimized cost, and others. Contactless payment methods at retail stores reduce transaction process and queue in counter.

Moreover, governments are also focusing on introducing new payment methods in order to increase productivity and remain competitive in the market. For instance, in December 2016, the government of India launched BHIM app for Unified Payment Interface (UPI). The common UPIbased BHIM app allows the user to send and receive money through their mobile phones by linking their bank accounts. For instance, according to Coherent Market Insights’ analysis, the number of transactions done through the Bharat Interface for Money (BHIM) app reached 18.8 million in February 2020.

Contactless Payments Market – Impact of Coronavirus (Covid-19) Pandemic

According to Coherent Market Insight‘s study, globally, most of the countries are affected by COVID-19 and most of the countries have announced lockdown.Contactless payment have become more preferred payment method, as it requires less physical interactions.

Smartphone based payment interface and digital wallets are the potential solutions to contain the spread of coronavirus pandemic. Moreover, recent developments in digital payments have encouraged the use of contactless payment methods during this pandemic. For instance, in April 2020, Upgrade Inc., a U.S.-based loan company, launched new contactless credit card. The new credit card provides high transaction limit than other payment methods.

Moreover, bank authorities and card network in Germany, U.K., Austria, and other countries have set higher transaction limit, as people are staying at home and prefer shopping through payment cards only. For instance, U.K Finance Limited increased the transaction limit for contactless payment cards starting from 30 Euros to 45 Euros. This, in turn, increases demand for contactless payment solutions.

Key Trends and Analysis of the Global Contactless Payments Market:

  • Europe held dominant position in the global contactless payments market in 2019 and is expected to retain its dominance throughout the forecast period. This is owing to increasing payment through smart cards. For instance, according to the Electronic Transactions Association (ETA), contactless payments through Mastercard and Maestro increased by 145% in Europe in 2018. Furthermore, in 2019, according to Coherent Market Insights’ analysis, the transactions through contactless payment methods reached 651 million in the U.K.
  • Asia Pacific is expected to show significant growth over the forecast period. The increasing adoption of contactless payment methods from retail industry is fueling the market growth. Retailers are modernizing their conventional payment methods with contactless payment methods, in order to improve productivity and efficiency in the business.
  • Among device type, the smartphone segment held dominant position in the market in 2019 and is expected to retain its dominance during the forecast period. This is owing to increasing demand for live streaming from consumers. For instance, the online video streaming market is expected to exceed US$ 70,000 million in 2021 from US$ 30,000 million in 2016.
  • Major players operating in the global contactless payments market include Thales Group, Infineon Technologies AG, Ingenico Group, Wirecard, VeriFone, Inc., Giesecke+Devrient GmbH, IDEMIA, Track Innovations LTD., Identiv, Inc., CPI Card Group Inc., Setomatic Systems, Valitor, PAX, PINPAD, Mobeewave, alcineo, and Paycor, Inc.

Source: https://www.fintechnews.org/contactless-payments-market-to-reach-us-26-3-billion-by-2027/

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