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Cybercriminals Accelerate Online Scams During Ramadan and Eid Fitr

Security Affairs

Middle Eastern enterprises, facing this heightened risk, are urged to bolster consumer protection and reinforce their brand security. Notably, in the Kingdom of Saudi Arabia (KSA), consumer spending topped regional charts, exceeding $16 billion.

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Congressional Report on the 2017 Equifax Data Breach

Schneier on Security

The US House of Representatives Committee on Oversight and Government Reform has just released a comprehensive report on the 2017 Equifax hack. Here is my testimony before before the House Subcommittee on Digital Commerce and Consumer Protection last November. Lance Spitzner also commented on this.

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Australian Signals Directorate (ASD) is hacking crooks behind Coronavirus-themed attacks

Security Affairs

The Australian government will use any means to crack down on cybercriminals exploiting the coronavirus outbreak, including hacking back. The option chosen by the Australian government for cracking down on scammers exploiting the Coronavirus pandemic is raising a debate in the cybersecurity community. Pierluigi Paganini.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

See the Top Governance, Risk and Compliance (GRC) Tools. Financial Data Protection Laws. financial data must comply with consumer-protection laws such as the Electronics Fund Transfer Act (EFTA) and a litany of regulations enforced by the SEC (such as Sarbanes-Oxley), CFTC, FISMA, and other financial regulatory bodies.

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Me on the Equifax Breach

Schneier on Security

Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce". Subcommittee on Digital Commerce and Consumer Protection. In May 2016, one of its websites was hacked, resulting in 430,000 people having their personal information stolen. Fellow, Berkman Center for Internet and Society at Harvard Law School.

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Business ID Theft Soars Amid COVID Closures

Krebs on Security

In some cases, the scammers create dashboard accounts in the business’s names at Dun & Bradstreet’s credit builder portal; in others, the bad guys have actually hacked existing business accounts at DNB, requesting a new DUNS numbers for the business (a DUNS number is a unique, nine-digit identifier for businesses).

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New IoT Security Regulations

Schneier on Security

By developing more advanced security features and building them into these products, hacks can be avoided. Consumers will buy products without proper security features, unaware that their information is vulnerable. It falls upon lawmakers to create laws that protect consumers. But we need more, and soon.

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