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Cyber Security News
Socprime
5d
24
Image Credit: Socprime
Splunk: Using collect Command for Creating New Events in a New Index
- The collect command in Splunk allows you to write search results into a summary index for long-term storage or faster analysis.
- You can save summarized data into a new summary index using the collect command.
- The summarized results will be written into the windows_failed_logon_trend summary index, which can be used for investigation or further analysis.
- Using the collect command, you can efficiently manage and reuse data, optimizing your Splunk environment for performance and usability.
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Global Fintech Series
5d
179
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Fintech Startups from the Global Fintech Landscape That Made Headlines in 2024
- In 2024, fintech startups redefined financial services through innovation, customer focus, and market expansion.
- Nubank, South America’s largest neobank with over 70 million customers in Brazil, Mexico, and Colombia, solidified its dominance in the global fintech space.
- Revolut expanded its financial services beyond traditional banking and AI-driven fraud prevention tools.
- Wise maintained its leadership in international money transfers, with cost-effective and transparent services.
- Adyen achieved significant milestones in 2024 by expanding partnerships with major companies like Meta, Uber, and Microsoft.
- Finastra provided innovative financial software solutions across banking and capital markets with cutting-edge solutions.
- Klarna revolutionized consumer financing in 2024, focusing on transparent, interest-free options and AI-driven personalization.
- LM Funding America specializes in cryptocurrency mining and financing for nonprofit community associations and positioned as one of the fastest-growing fintechs in the U.S.
- SoFi Technologies expanded its personal finance ecosystem, offering student loan refinancing, mortgages, investment tools, and banking services.
- Plaid, a fintech infrastructure provider, gained recognition for its critical role in connecting financial apps with consumer bank accounts.
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Tech Radar
5d
335
Image Credit: Tech Radar
Millions of us say we don't know how to remove data from an old device - here's what to know
- A new report indicates that 75% of people are holding on to old devices, with concerns about personal data leakage being a major factor.
- 29% of people don't know how to delete their personal information from their old devices.
- Various methods for deleting data include physical destruction, secure deletion software, and restoring to factory settings.
- Taking the time to delete data from old devices can enable safe selling and potentially earn some cash.
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Tech Radar
5d
44
Image Credit: Tech Radar
Top Uber rival leaks user and driver data online
- Indian ride-sharing company Rapido was found leaking driver and customer data
- The flaw stemmed from a faulty API
- The company was leaking names, emails, and phone numbers
- More than 1,800 feedback responses were exposed
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Securityaffairs
5d
347
Image Credit: Securityaffairs
U.S. CISA adds BeyondTrust software flaw to its Known Exploited Vulnerabilities catalog
- U.S. Cybersecurity and Infrastructure Security Agency (CISA) adds BeyondTrust Privileged Remote Access (PRA) and Remote Support (RS) Command Injection flaw to its Known Exploited Vulnerabilities catalog.
- A critical vulnerability has been discovered in Privileged Remote Access (PRA) and Remote Support (RS) products which can allow an unauthenticated attacker to inject commands that are run as a site user.
- CISA orders federal agencies to fix this vulnerability by December 27, 2024.
- Experts recommend private organizations review the Catalog and address the vulnerabilities in their infrastructure.
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TechJuice
5d
82
Image Credit: TechJuice
Pakistanis To Get Cheap Mobile Phones? Here’s What We Know!
- The Pakistan government aims to make mobile phones more affordable for the public.
- The initiative aims to bridge the digital divide and promote technological inclusion.
- Efforts are underway to improve internet connectivity and infrastructure in the country.
- The government is committed to cybersecurity and education, with plans for a second phase of the laptop program.
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Dev
5d
269
Image Credit: Dev
What You Need to Know Before Creating Your Own Stablecoin
- Stablecoins are digital assets that hold their value over time and are typically tied to a fiat currency. They are used to store money on platforms or in the crypto ecosystem and are backed by collateral.
- Stablecoins offer stability for investors by being pegged to fiat currencies like the US dollar.
- There are two main types of stablecoins: governed stablecoins and algorithmic stablecoins. Hybrid stablecoins are also common.
- Governed stablecoins rely on a governing entity to manage issuance and are backed by reserves. Algorithmic stablecoins use mathematical equations to manage supply and maintain value.
- When creating a stablecoin, it is important to decide on the collateral type (exogenous or endogenous).
- To create a stablecoin, steps include deciding on the collateral model, designing smart contracts, establishing custodians (if needed), testing the system, complying with regulatory standards, and launching it.
- Stablecoins offer a crucial bridge between traditional finance and the crypto ecosystem, providing stability and reducing the volatility present in most cryptocurrencies.
- Understanding stablecoins is key for users, developers, and investors looking to navigate the future of digital finance.
- Freehold and Updraft can be used to learn more about stablecoins.
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Mettisglobal
5d
274
Image Credit: Mettisglobal
Pak-Iran to strengthen fraternal ties in trade and security
- Pakistan and Iran aim to strengthen fraternal ties in areas of mutual interest, including trade, economy, energy, security, and regional connectivity.
- Prime Minister Muhammad Shehbaz Sharif held a bilateral meeting with Iranian President Masoud Pezeshkian on the sidelines of the 11th D-8 summit in Cairo.
- Both leaders emphasized the importance of bilateral trade and economic cooperation, operationalizing border markets, and mutual support on core issues.
- Pakistan congratulated Iran on becoming a full member of BRICS and extended an invitation to President Masoud Pezeshkian to visit Pakistan.
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Gizchina
5d
122
Image Credit: Gizchina
Google’s New AI Feature Aims to Make Chrome Safer
- Google is testing a new AI-powered feature to improve Chrome’s security.
- The feature uses AI to analyze websites and detect scams that aim to steal personal information.
- Other browsers are also working on similar security features.
- AI tools like this could make browsing safer for everyone.
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Medium
5d
2k
Image Credit: Medium
Top 10 programming languages for securing good jobs
- Python continues to lead in web development, data science, AI, machine learning, and automation, thanks to its versatility and ease of learning.
- JavaScript/TypeScript remains essential for web development, with TypeScript improving large-scale applications. Java remains crucial for enterprise solutions and Android apps.
- C# is key for game development and enterprise apps, while C++ excels in system-level programming and high-performance applications. Go is gaining popularity for cloud-native apps, and Rust is valued for its safety and performance. Kotlin is preferred for Android development, PHP remains vital for web backends, and Ruby, with Ruby on Rails, is favored by startups.
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Pymnts
5d
122
Image Credit: Pymnts
Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
- Ingo Payments CEO, Drew Edwards, believes that as banking and payments industries move closer to 2025 on a new regulation-averse government worldview, one of the issues that requires attention is the partnership between banks and FinTechs.
- FinTechs mostly remain untested in terms of risk and control as they have created new ways of moving money and following money has been difficult in some cases.
- Edwards has noted a priority on the customer experience and customer acquisition by investors and start-ups.
- However, tenets of safe banking practices have not been prioritised much in this space.
- Ingo operates like a BMW enforcing safe guardrails and using technology to enforce discipline with the aim of embedding banking into consumers' payment experiences.
- As 2025 approaches, a new presidential administration takes shape, and there is growing uncertainty around which entities will be responsible for bank-FinTech oversight.
- Edwards believes that investors and capital markets will focus more on FinTechs’ profitability and sustainability in the coming year.
- Furthermore, he acknowledges that regulations around artificial intelligence will increase due to criminals’ advanced technology when it comes to the increasing sophistication of fraudsters and impersonations.
- Edwards predicts that the banking system has to move to embedded banking with technology that ensures safe banking.
- Based on the increasing regulations and changes in the banking system, Edwards believes no matter a FinTech company’s sector of the business, it will affect their relationship with banks.
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Pymnts
5d
351
Image Credit: Pymnts
The Payments Problem Small Businesses Don’t Know They Have
- The circle of trust in risk management extends to small businesses as well.
- Five key threats that can harm the circle of trust include credit risk, payments risk, counterparty risk, fraud and security risk, and compliance risk.
- Despite technological advancements, 75% of firms still rely on paper checks for payments, increasing fraud risk.
- BILL, a platform-based solution, helps automate back-end processes and ensures compliance and risk control.
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Securityaffairs
5d
81
Image Credit: Securityaffairs
Raccoon Infostealer operator sentenced to 60 months in prison
- Mark Sokolovsky, operator of Raccoon Infostealer, has been sentenced to 60 months in US prison.
- He has been ordered to pay over $910,000 in restitution.
- Raccoon Infostealer is a malware that steals credit card data, email credentials, and cryptocurrency wallets.
- The malware infected over 100,000 users worldwide and resulted in the theft of millions of credentials and forms of identification.
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Dev
5d
110
Image Credit: Dev
Code Quality in the Cloud
- Infrastructure as Code (IaC) has transformed how you deploy and manage cloud infrastructure.
- However, IaC has also introduced a new set of security challenges, leading to numerous incidents caused by IaC misconfigurations.
- Fortunately, there are tools that can help identify critical vulnerabilities early in development, such as SonarQube.
- This article focuses on Azure, CloudFormation, Docker, Kubernetes, Ansible and Terraform as examples of IaC issues. Each critical issue, its risks, and how to fix it, is highlighted.
- Code GenAI is a great help to start code artifacts and produce boilerplate code, but it also needs to be reviewed to avoid the introduction of unexpected issues and vulnerabilities.
- SonarQube Cloud telemetry provides the most hit issues regarding IaC, with more than 6 million hits in total across all projects analyzed.
- Key issues include restricting public access to resources, applying the least privilege to IAM roles, avoiding running containers as root, and defining resource requests and limits.
- In addition to security, maintaining code quality in IaC is essential. Well-structured, maintainable IaC ensures teams can quickly adapt to new requirements and maintain a robust, secure infrastructure.
- Finally, the article looks at the accuracy of Code GenAI for IaC artifacts by conducting an experiment using Github Copilot and Amazon Q as code assistants.
- Combining high-quality code with automated tooling is the key to avoiding costly security mishaps.
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TechCrunch
5d
85
Image Credit: TechCrunch
British university spinoff Mindgard protects companies from AI threats
- British university spinoff Mindgard is offering security for AI to protect companies from risks and threats.
- Mindgard uses a Dynamic Application Security Testing for AI (DAST-AI) approach to detect vulnerabilities during runtime.
- The company works with enterprises, red teamers, and AI startups to provide AI risk prevention solutions.
- Mindgard has raised $8 million in funding to expand into the US market and further develop its product.
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