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Why SMS two-factor authentication codes aren't safe and what to use instead

Zero Day

Also in the mix were several European banks, apps such as Tinder and Snapshot, the Binance cryptocurrency exchange, and even encrypted chat apps like Signal and WhatsApp. Since SMS lacks the proper encryption, it has never been a safe and secure way to exchange authentication codes or other private information.

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MY TAKE: Why companies had better start taking the security pitfalls of API proliferation seriously

The Last Watchdog

Over the past year, I’ve had several deep conversations parsing how APIs have emerged as a two-edged sword: APIs accelerate digital transformation, but they also vastly expand the attack surface of modern business networks. -based supplier of networking technology. APIs come into play in the first stage of a multi-stage attack.

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Emerging security challenges for Europe’s emerging technologies

Thales Cloud Protection & Licensing

This underpins the digital transformation imperative most of them face today, and the huge responsibility that rests on the shoulders of the CIO. The vast majority (84%) of enterprises are now using, or planning to use, digitally transformative technologies – such as big data, containers, blockchain and the Internet of Things (IoT).

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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

Initially, these attacks involved malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid to the attackers. The Digital Currency of Crime Cryptocurrencies play a central role in ransomware economics by offering anonymity and privacy that traditional payment methods cannot match.

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Ransomware news headlines trending on Google

CyberSecurity Insiders

And studies have revealed that the newly developed file-encrypting malware is using an Open-source password management library for encryption and is having capabilities of remaining anonymous, ex-filtrate data, and having abilities to give control to remote servers. The third is something astonishing to read!

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2022: The threat landscape is paved with faster and more complex attacks with no signs of stopping

Webroot

The increased reliance on decentralized connection and the continued rapid expansion of digital transformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. “As Cryptocurrency.

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Cybersecurity Outlook 2022: Third-party, Ransomware and AI Attacks Will Get Worse

eSecurity Planet

The role of cryptocurrency in ransomware payments is already facing scrutiny, but as business crypto payments become more commonplace, “there will be an increased emphasis on the security aspects of these new technologies,” says ReliaQuest Enterprise Architect Marcus Carey. DeFi Security to Face Greater Scrutiny.