How to Think Like a Hacker and Identify Gaps in Your IT Security Posture
When it comes to protecting your business from cyber threats, it's essential to think like a hacker. While traditional security approaches focus on detecting and blocking known threats, proactive security measures focus on anticipating and neutralizing future threats. By understanding the methods and tactics that hackers use to gain access to your systems and data, you can identify the gaps in your IT security posture and take steps to close them.
Thousands of PayPal users victim of data breach
The accounts of 34,942 PayPal users were hacked between the 2nd and 6th of December 2022 by unauthorised parties through a credential stuffing attack. Hackers potentially gained access to customers’ personal data, including their name, address, date of birth, tax ID number, and social security number.
Godfather Android Trojan targets hundreds of banking and crypto apps
Security researchers are warning about the Godfather, an Android banking Trojan that has targeted the users of more than 400 apps.
African fintech revnues tipped to grow by 8x to reach $30 billion by 2025
Source: McKinsey
As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, fast-growing, and rapidly urbanizing population.
Global regulators raise 'issues of concern' over banks' cyber resilience
Source: Iosco
The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.
India FinTech Forum unveils 23 high potential fintech startups
Source: IFTA
India FinTech Forum, a not for profit fintech advocacy group representing Indian fintech companies, has announced 23 fintech startups who will give demos of their innovative products and services to a high profile jury this month.
FSB bids for greater convergence in cyber incident reporting
The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.
Banks prepare for cyber-battle to promote cybersecurity awareness
To mark cybersecurity awareness month in the US, this October financial institutions are planning a series of tournaments and events to raise awareness around cyber security issues.
