Toyota Boshoku, a seating and interiors supplier for Toyota cars, has revealed that it was tricked into moving a large amount of money into a bank account controlled by scammers. In a statement published on its global website, Toyota Boshoku Corporation said that its European subsidiary was duped into transferring approximately four billion yen (over US $37 million) out of the business and into a bank account controlled by criminals on 14 August.

For years, ransomware actors have developed new families and attack campaigns in increasing frequency and numbers. Such activity peaked in 2017 but then fell in tandem with cryptocurrency miners’ rise. This development was short-lived, however. Between Q4 2018 and Q1 2019, Malwarebytes observed a 195 percent increase in ransomware detections involving business targets. The rate was even greater compared to Q1 2018 at 500 percent.

Changing consumer demands posed a serious challenge to the IT industry; it pushed firms to brainstorm about quick product delivery. This demand eventually gave rise to the demand for collaboration between Development (Dev) and Operations (Ops) teams, welcoming the DevOps trend. As a result, everything started progressing well with increased development, enhanced collaboration, advanced testing, high productivity and minimized time to market.

I recently volunteered as an AV tech at a science communication conference in Portland, OR. There, I handled the computers of a large number of presenters, all scientists and communicators who were passionate about their topic and occasionally laissez-faire about their system security. As exacting as they were with the science, I found many didn’t actually see a point to the security policies their institutions had, or they had actively circumvented them. A short survey heard reasoning like.

TechCrunch reports that a security researcher stumbled across an exposed server on the internet containing databases with a total of more than 419 million records related to Facebook users. According to TechCrunch’s reporting, each database record contains a user’s unique Facebook account ID (from which it’s possible to determine a user name) and phone numbers attached to the account.

Working as a cybersecurity analyst is incredibly challenging. It’s one of the only roles in IT that requires 24/7/365 availability. The constant stressors of the job can overload security analysts, which ultimately leads to burnout—affecting every factor of the job from performance to talent retention.

Containers have become a popular technology for enterprises that need to create agile, scalable and reliable applications. As they’re moving containerized workloads into production, many are adopting Kubernetes for container orchestration. While containerization enables DevOps to deploy software fast and efficiently, it also creates new security challenges, especially for those who’ve accelerated their implementation of this complex technology.

As the digital economy has grown and changed, cybersecurity has become an integral part of operating nearly any successful business. The Chief Information Security Officer (CISO) is at the forefront of the modern cybersecurity organization, and CISOs have to adapt to the changing times in front of them.

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).