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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Image: Hold Security.

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Coyote: A multi-stage banking Trojan abusing the Squirrel installer

SecureList

The developers of banking Trojan malware are constantly looking for inventive ways to distribute theirs implants and infect victims. In a recent investigation, we encountered a new malware that specifically targets users of more than 60 banking institutions, mainly from Brazil.

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Cyber criminals earning £750m with insecure passwords

CyberSecurity Insiders

As most of the high street banks are showing a blind eye while providing online security to their customers, consumer watchdog ‘Which?’ researchers claim that the issue deteriorated after the corona pandemic instigated lockdown as most of the consumers went online, instead of visiting banks for services on a physical note.

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Best Encryption Software for 2022

eSecurity Planet

It’s been a couple of decades since data tapes delivered by trucks made encryption a standard enterprise cybersecurity practice. Yet even as technology has changed, sending and receiving data remains a major vulnerability, ensuring encryption’s place as a foundational security practice. What is Encryption?

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New Downfall attacks on Intel CPUs steal encryption keys, data

Bleeping Computer

A senior research scientist at Google has devised new CPU attacks to exploit a vulnerability dubbed Downfall that affects multiple Intel microprocessor families and allows stealing passwords, encryption keys, and private data like emails, messages, or banking info from users that share the same computer. [.]

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Digital Banking - Case Study

Approachable Cyber Threats

Banks are taking revolutionary approaches to digitize and streamline the customer experience - but these measures could come with a cost without strategic cybersecurity measures. The world is changing, and the banking industry is evolving too. The Industry Digital banking is transforming the way people access and manage their finances.

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GUEST ESSAY: ‘World password day’ reminds us to embrace password security best practices

The Last Watchdog

We celebrated World Password Day on May 6, 2021. Every year, the first Thursday in May serves as a reminder for us to take control of our personal password strategies. Passwords are now an expected and typical part of our data-driven online lives. Passwords are now an expected and typical part of our data-driven online lives.

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