As the holiday shopping season kicks in, many are eager to secure early bird discounts and offers, preparing for the festive season. The convenience and speed of mobile devices has led to a growing number of individuals opting for mobile payments, whether conducted online or through contactless systems. The global mobile payment revenue is expected to reach $12.06 trillion by 2027, and smartphone users are anticipated to surpass 7.7 billion by 2028.
Over sixty credit unions across the United States have been taken offline following a ransomware attack at one of their technology providers - demonstrating once again the damage that can be caused by a supply-chain attack. There are a few moving parts here, so here’s a quick summary: Trellance - A provider of solutions and services used by credit unions, and the parent company of FedComp. FedComp - a provider of software and services that enable credit unions to operate around the world.
Once again companies are being warned to be wary of past employees who may turn rogue.
At our recent Energy and NERC Compliance Working Group, we took some time to share more about Fortra, the cybersecurity company that Tripwire is a part of. In case you missed it, Fortra is a rebranding of HelpSystems, an already established and trusted company that has acquired a few valuable cybersecurity companies along the way. One such company, Tripwire, is already a familiar name in the energy sector.
As we approach the holiday season, in addition to our busy work schedules, we need to plan for family visits, develop menus for special meals, and do a little shopping while the deals are good! It’s a lot to keep track of. Just remember it’s when you are distracted that you tend to put your digital security most at risk. Cybercriminals don’t take holidays.
While the EU AI Act is poised to introduce binding legal requirements, there's another noteworthy player making waves—the National Institute of Standards and Technology's (NIST) AI Risk Management Framework (AI RMF), published in January 2023. This framework promises to reshape the future of responsible AI uniquely and voluntarily, setting it apart from traditional regulatory approaches. Let's delve into the transformative potential of the NIST AI RMF and its global implications.
Phishing is a longstanding danger of the digital world that most people are aware of. Whether it happens via email, text message, social media, or any other means, phishing presents a risk to all users. In recent years, the growing popularity of QR codes for all manner of operations has created an environment ripe for cybercriminals to take advantage of.
In late September 2023, the US-based National Institute of Standards and Technology (NIST) published its Cybersecurity Framework Profile for Hybrid Satellite Networks, otherwise known as NIST IR 8441. This blog will explore the reasons behind NIST developing the framework, outline its intentions, and summarize its key points.
Tripwire recently held its annual Energy and NERC Compliance Working Group. This year's attendees included more than 200 Tripwire customer utility personnel representing over 80 different registered entities from all across the US and Canada. The company sizes ranged from public utility districts and city municipalities to medium and larger-sized investor-owned utilities, including many of the Fortune 500 and 1000 power entities.
US authorities have seized almost $9 million worth of cryptocurrency linked to a gang engaged in cryptocurrency investment fraud and romance scams. The US Department of Justice has announced that the seized funds are connected to cryptocurrency wallet addresses alleged to be associated with a "pig butchering" gang that has claimed over 70 victims around the world. "Pig butchering" is one of the world's fastest-growing types of scams.
