GlobalDots Blog

How Fraud Prevention Tech can Save Banks €10M a Year

A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the ‘Know Your Customer’ (KYC) processes, according to new research from Mitek and Consult Hyperion.

New Credential-Theft Attack Weaponizes DNS

The recently discovered campaign sends stolen data out of the network as part of a DNS query.

Attackers are Targeting Vulnerable Fortigate and Pulse Secure SSL VPNs

Attackers are taking advantage of recently released vulnerability details and PoC exploit code to extract private keys and user passwords from vulnerable Pulse Connect Secure SSL VPN and Fortigate SSL VPN installations.

New Ransomware Grows 118% as Cybercriminals Adopt Fresh Tactics and Code Innovations

McAfee Labs saw an average of 504 new threats per minute in Q1 2019, and a resurgence of ransomware along with changes in campaign execution and code. More than 2.2 billion stolen account credentials were made available on the cybercriminal underground over the course of the quarter. Sixty-eight[...]

Fileless Attacks Designed to Disguise Malicious Activity up 265%

Trend Micro published its roundup report for the first half of 2019, revealing a surge in fileless attacks designed to disguise malicious activity. Detections of this threat alone were up 265% compared to the first half of 2018.

Cyberthreats Against Financial Services Up 56%

Financial organizations increasingly turn to online portals, social media, and mobile apps to better engage with customers. However, the same digital platforms' low cost and low barrier to entry make it easier for cybercriminals to exploit them and target a larger pool of financial victims.

IBM Announces Quantum Safe Encryption

IBM researchers have announced development of new "quantum safe" encryption techniques that they plan to deploy to the IBM Public Cloud in 2020. The techniques have also been prototyped as part of a quantum safe enterprise class tape system.

Cloud Storage Security Best Practices

Enterprises are moving to cloud-based environments at an ever-increasing pace. Cloud infrastructure offers many benefits, and it enables organizations different options and possible set-ups (public cloud, hybrid cloud etc.).

VMware Acquires Carbon Black

VMware and Carbon Black announced that the companies have entered into a definitive agreement by which VMware will acquire Carbon Black in an all cash transaction for $26 per share, representing an enterprise value of $2.1 billion.

Cyberthreats Against Financial Services Up 56%

Financial organizations increasingly turn to online portals, social media, and mobile apps to better engage with customers. However, the same digital platforms' low cost and low barrier to entry make it easier for cybercriminals to exploit them and target a larger pool of financial victims.