The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
From blockchains and surveillance to backdoors and GDPR, a group of leading cryptographers rounded up the top cybersecurity and privacy matters of the day at the cryptographers' panel held at the recent RSA Conference 2019 in San Francisco.
Browser-based cryptocurrency miners are falling out of favor as virtual currency prices remain low, IBM says. But the company says malware-based miners are coming back, including fileless ones that rely on Powershell. Here's the lowdown.
The latest edition of the ISMG Security Report discusses the recent ransomware attack on aluminum giant, Norsk Hydro. Plus, confessions of a former LulzSec and Anonymous hacktivist, and the growing problem of cyber extortion.
When a total of $580 Million left two Cryptocurrency exchanges after a sophisticated compromise, LIFARS team was engaged in an investigation that involved FBI, US Secret Service, Europol, DHS, IRS and DOJ. This session will take you exclusively inside that investigation and discuss:
Cryptocurrency fraud schemes,...
Identity and access management is more complicated when organizations rely on a cloud infrastructure, says Brandon Swafford, CISO at Waterbury, Connecticut-based Webster Bank, who describes the challenges in an interview.
Facebook is edging closer to launching its own cryptocurrency, with a rollout expected this year, The New York Times reports. But some critics argue that the project seems more like a trendy and unnecessary redressing of a PayPal-like system with a blockchain.
The latest edition of the ISMG Security Report describes vulnerabilities found in popular password generator apps. Plus, the evolution of blockchain as a utility and a new decryptor for GandCrab ransomware.
The latest edition of the ISMG Security Report highlights how thieves can use "deep fake" photos in an attempt to steal cryptocurrency. Also featured: A discussion of the implications of "data gravity" and an analysis of whether the era of mega-breaches is ending.
Security practitioners looking to deploy blockchain in their network to support authentication must look for an application that can be implemented easily and effectively, says Prasanna Lohar, head of IT at DCB Bank.
Cryptocurrency exchanges are seeing fraudsters submit doctored photos in an attempt to reset two-step verification on accounts. The ruse appears to have some degree of success, underscoring the difficulties around verifying identity on the internet.
Security practitioners should strive to offer their organizations "frictionless" security that's truly a business enabler, says Sridhar Govardhan, newly appointed CISO of Wipro Ltd., a Bengaluru-based company offering information technology, consulting and business process services.
The Indian Institute for Development and Research in Banking Technology is reportedly working with the Indian government, banks and others to create an interoperable blockchain platform to improve security in the financial services sector. In a blueprint, it offers a roadmap for adoption of the technology.