Payment services that operate electronically should adopt technologies that guarantees the safe authentication of the user and reduces, to the maximum extent possible, the risk of fraud. In order to achieve this, the European Union in 2007 passed the Payment Services Directive (PSD). The aim of this legislation is to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA).

The number of fraudulent email circulations seems to grow with each passing day. Scammers use email fraud with the main motive of deceiving users for their gain. This is especially true in the financial institutions where attackers use domain spoofing schemes to send emails to employees or customers.

Logs are the cornerstone in today’s cybersecurity monitoring, investigation, and forensics. According to a Fortune 500 report, an organization’s IT infrastructure can generate up to 10 Terabytes of log data per month. In this post, we will learn about log aggregation and monitoring; then analyze how they can help businesses to strength their cybersecurity posture.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. What a week of news this has been, more MageCart, a few large take downs, and some surprising breaches. We start with a first, the first ‘hack’ from space.

This article will give you insights into the common PayPal hoaxes circulating these days. Additionally, you will learn how to keep your payment experience safe when using the popular service in question.

As DevSecOps continues to redefine the IT security landscape, security is becoming everyone’s responsibility. That means that staying ahead of the latest cybersecurity threats—such as IoT botnets—should be a priority for every DevOps professional. To help you do that, this article discusses strategies for combating IoT botnets.

The recent IBM 2019 Cost of Data Breach survey found that the cost of a data breach had risen 12% over the past 5 years to $3.92 million on average. While 51% of the data breach attacks were attributed to malicious or criminal actors, a stunning 24% of the breaches were caused by negligent employees or contractors. The report also notesed that the 51% of the criminal actors included, “malware infections, criminal insiders, phishing/social engineering and SQL injection.”