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CyberMaxx MAXX Network Now Available for AWS and Azure Environments

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CyberMaxx

CyberMaxx is excited to announce the release of MAXX Network for cloud-based environments. As the world embraces a new standard of business operations, organizations seek the flexibility of cloud-based computing. At CyberMaxx we know that you need the ability to protect your cloud-based data. To do that, you need expertise in cybersecurity and cloud solutions.

There are many misconceptions regarding the security of the cloud. One is the cloud service provider provides your perimeter security and you don’t need a threat-based blocking technology deployed there. However, after examining hundreds of cloud-based deployments, the evidence clearly shows you are responsible for blocking those threats. You need an intrusion detection/prevention system (IDS/IPS) developed specifically to address your security needs in today’s cloud-based environments. Our newly developed AWS and Azure-based virtual machine leverages the proven technology of our on-premise sensor in those cloud environments.

“The new advancements in our MAXX Network platform empowers our customers to move their workforce to the cloud without the worry of a security breach on top of the other challenges COVID-19 brings,” says Thomas Lewis, CEO of CyberMaxx. “This shift has fundamentally changed how cybersecurity teams need to protect their employees and sensitive data.”

The Verizon Data Breach Report indicates that cloud hacking will be one of the new ways cybercriminals enter our systems—stealing credentials and hacking into cloud-based email servers. While cloud-computing offers your business cost savings, operational efficiencies and general agility, network protection should not be overlooked.

Cybercriminals will continue to take the path of least resistance. “Just like us, cybercriminals try to be efficient,” says Jason Riddle. “If they find an easier way to get into your systems, they’ll take it.”

“The implementation of MAXX Network for AWS went smoothly. We didn’t have to think about it once it was live, CyberMaxx took care of everything. It was a completely natural extension of the traditional IPS approach we already had in place, but now in the cloud,” says CyberMaxx customer and VP of Technology & Infrastructure.

Contact us at (615) 309-2500 to see how our tailored, scalable solution is the best fit for your cloud security needs, and in the meantime, visit CyberMaxx.com to learn more about our other services.

About CyberMaxx

CyberMaxx prevents, detects, and responds to cyberattacks for healthcare organizations. CyberMaxx equips its customers with a 24/7/365 security operations center with services including endpoint threat detection and response, network-based threat detection and prevention, security information and event management (SIEM) with advanced data analytics, vulnerability risk management, and incident response services.

Contact CyberMaxx for more information about healthcare cybersecurity solutions by visiting CyberMaxx.com or call (615) 309-2500.

Media Contact

Erin C. Kennedy | CyberMaxx | 615.309.2514 | ekennedy@cybermaxx.io

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Source: https://www.prweb.com/releases/cybermaxx_maxx_network_now_available_for_aws_and_azure_environments/prweb17296845.htm

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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