Read Time: 7 minutes Binance is the largest centralized cryptocurrency exchange, overseeing over a billion dollars worth of trades. Binance rose to popularity because of its security, as the platform demands every user to complete the verification process. This allows the team to effectively monitor transactions and apprehend criminals.  Address verification is one of the levels of validation on …

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Passwords are as frustrating as they are essential, especially in financial services. We chatted with LastPass VP of Product Management Dan DeMichele to get an idea of how banks and fintechs can protect themselves, what the future of passwords looks like, and how digital identity is dictating changes. In his role at LastPass, a password Read more...

The post LastPass VP on the Bare Minimum of Password Security for Banks appeared first on Finovate.

Password-guessing became last year's weapon of choice, as attackers attempted to brute-force vulnerable Remote Desktop Protocol (RDP) servers, SQL databases, and SMB file shares.

Cybersecurity is a growing concern. In 2018 alone, over 1,200 data breaches were orchestrated and nearly 450 million records were compromised. There will be more pressure to improve cybersecurity as these threats escalate. We have a problem with data security. We are more than 70 years into the digital age. We have found that data […]

The post Data Security Standards Are Evolving in Response to Rising Threats appeared first on SmartData Collective.

Calamu, an early-stage cybersecurity startup building technology to help businesses recover from ransomware infections, has raised $16.5 million in venture capital funding.

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Funding round led by Refinery Ventures, with participation from Fusion Fund and Shasta Ventures.

SAP’s Patch Tuesday brought fixes for a trio of flaws in the ubiquitous ICM component in internet-exposed apps. One of them, with a risk score of 10, could allow attackers to hijack identities, steal data and more.

Of the four bot marketplaces Cognyte analyzed, the Russian Market is the most dominant, but the others are all active, updated daily, and well-known, too.

"…well, of course!" is what you might think. It's a biological threat, so how could it affect digital assets? But hang on. Among other effects, this pandemic has brought about a massive shift in several technological areas. Not only did it force numerous organizations - that up to now were reluctant - to gear up in cyber to go digital, all at once, oftentimes with hastily pieced together

Microsoft's release of relatively sparse vulnerability information makes it difficult for organizations to prioritize mitigation efforts, security experts say.

Scams and scandals are a dime a dozen in the crypto industry. Every morning as I open my crypto newspaper (aka Twitter), I’m almost guaranteed to find at least one piece of news relating to hacks, rug pulls, phishing attacks, wash-trading, compromised wallets, etc., across the crypto-verse. However, this is expected as most blockchains, cryptocurrencies, […]

The post NFT Scams: How to Avoid them and Keep SAFE! appeared first on Coin Bureau.

Ransomware, cryptojacking, and a cracked version of the penetration-testing tool Cobalt Strike have increasingly targeted Linux in multicloud infrastructure, report states.