In recent years, many businesses had already begun planning for a gradual shift towards an increasingly remote workforce, yet fewer had implemented a mobile-first strategy, and some were still formulating strategies. At a gradual pace, IT administrators could handle a small percentage of remote workers and saw the management features of device enrollment programs and network security measures as enough to manage a few remote devices and cyber risks.

May is here, and with it our May’s open source security snapshot, our monthly overview of the new open source security vulnerabilities published in April, to see what’s new in the ever-evolving open source security ecosystem. In order to give you all the low-down on emerging or ongoing trends, our hardworking research team analyzed all of the new open source security vulnerabilities added to the WhiteSource database.

On Monday, May 4th, **FINRA (Financial Industry Regulatory Authority), issued a warning to financial companies stating that a new email phishing campaign was doing the rounds. According to the regulator, the campaign is ongoing, widespread, and made to look as though the emails are coming from FINRA itself.

Security researchers attributed a spike in Snake ransomware activity to a new campaign that’s targeted organizations worldwide. Snake ransomware first attracted the attention of malware analysts in January 2020 when they observed the crypto-malware family targeting entire corporate networks. Shortly after this discovery, the threat quieted down. It produced few new detected infections in the wild for the next few months.

As our enterprise customers build out large, multi-cluster Kubernetes environments, they are encountering an entirely new set of security challenges, requiring solutions that operate at scale and can be deployed both on-premises and across multiple clouds.

With COVID-19 continuing to affect consumers and business of all sizes across every industry around the world, there has never been a more important time for financial institutions (FIs) to ensure that payment transactions complete as expected. In the next three weeks, we will release a blog a week discussing the top tips INETCO is recommending to customers in an effort to navigate the impact of COVID-19 on their payments business.