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TechBullion

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Where Finance Meets Technology: A New Era of Efficiency and Security

  • Wycliff Nagalilla, a senior financial analyst at Amazon, is passionate about using technology to enhance financial reporting, compliance, and automation.
  • He focuses on leveraging technology to improve corporate governance and recognizes the importance of financial stability and efficiency for economic resilience.
  • Wycliff has a strong educational background in accounting, holds various professional certifications, and is completing an MBA program in accounting.
  • In his career, he has led financial automation initiatives, optimized workflows, and integrated cybersecurity into financial processes at companies like Amazon and ICEA Lion General Insurance.
  • Wycliff's achievements include leading initiatives that transformed transportation financial operations, reducing manual workload, improving accuracy, and enhancing financial security.
  • He has faced challenges in adapting to evolving technologies, regulations, and cybersecurity requirements, which have shaped him into a resilient and forward-thinking finance professional.
  • As a senior financial analyst, Wycliff leads accounting operations for US and Canadian transportation processes at Amazon, focusing on compliance and cost control strategies.
  • He serves as a Subject Matter Expert for North America at Amazon, driving global standardization and automation of financial processes to enhance efficiency.
  • Wycliff's expertise lies in integrating financial automation, cybersecurity, and ESG compliance into financial operations, resulting in significant savings for organizations.
  • Inspired by Steve Jobs, Wycliff aims to lead financial transformation initiatives in multinational corporations and attain an executive financial leadership role.

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HRKatha

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Opportunities for techies at Infosys; large-scale lateral hiring planned

  • Infosys is planning a large-scale lateral hiring to fill vacant tech positions.
  • The company is seeking experienced techies with skills in cloud computing, automation testing, cyber security, Java Python, dotnet, and Android/IoS development.
  • The hiring is based on ongoing project requirements and upcoming projects, although the exact number of hires is not disclosed.
  • Interested candidates have been asked to provide their city preferences and interview locations.

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Hackernoon

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A 'CEO' Reached Out to Me For a Smart Contract Job—It Was a Scam

  • A Blockchain Engineer and Chainlink Developer Expert shares his experience of being targeted by scammers posing as a CEO for a smart contract job, highlighting the prevalence of scams in the Web3 ecosystem.
  • The Web3 space is vulnerable to scams, ranging from technical vulnerabilities like reentrancy attacks to social engineering tactics targeting developers.
  • The author was approached by scammers via LinkedIn, pretending to be from a company called MindGeek Labs, offering attractive rates for a DEX platform enhancement project.
  • The scammers provided detailed project requirements and invited the author to collaborate, but red flags such as lack of technical specifics and a new GitHub repository raised suspicions.
  • After engaging with the scammers and setting up a meeting with their CTO, the author exposed their scam tactics, leading to the scammers disappearing from LinkedIn.
  • The typical scam playbook in such scenarios involves creating fake companies, sharing elaborate project details, and tricking developers into running malicious code to gain access to wallets.
  • The author advises Web3 developers to verify entities thoroughly, enhance code analysis skills, prioritize security, never share private keys, use test environments, and trust their instincts to protect against scams.
  • As the future of Web3 security evolves, the importance of security-conscious professionals and continuous education in identifying vulnerabilities and protecting protocols becomes paramount.
  • By emphasizing security research and training, developers can contribute to building a more resilient Web3 ecosystem and safeguard against evolving technical and social attacks.
  • In the decentralized world of Web3, developers need to prioritize security alongside innovation to mitigate risks and ensure the safety of their projects and assets.

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Securityaffairs

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Cisco Smart Licensing Utility flaws actively exploited in the wild

  • Experts warn of the active exploitation of two recently patched security vulnerabilities affecting Cisco Smart Licensing Utility.
  • The vulnerabilities are CVE-2024-20439, a static credential backdoor, and CVE-2024-20440, an information disclosure flaw.
  • Attackers can exploit the backdoor to access sensitive log files, and the disclosure of exploit details has led to recent attack activity.
  • Cisco has released software updates to fix the vulnerabilities, but researchers warn that the flaws are actively being exploited in attacks.

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Dev

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AWS WAF: Keeping Your Web Applications Secure

  • AWS WAF is a web security solution that safeguards websites from common attacks.
  • Key features of AWS WAF include custom security rules, real-time defense, ready-to-use managed rules, and IP access control.
  • A use case example of AWS WAF in action is protecting SaaS web apps from SQL injection and XSS attacks.
  • Benefits of using AWS WAF include scalability, detailed control, cost-effectiveness, continuous monitoring, and compliance support.

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The Fintech Times

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payabl. Finds UK Shows No Sympathy for Long Checkouts and Willing to Abandon Fraud Checks for Speed

  • New research from payments and financial technology provider payabl. reveals that UK consumers have the lowest tolerance for long checkout processes.
  • 43% of all shoppers across the UK, Germany, and the Netherlands would not return to a retailer after a poor online checkout experience.
  • While 71% of European consumers consider fraud protection essential, UK shoppers prioritize faster checkout processes over security.
  • 32% of UK shoppers are willing to sacrifice some online fraud protections, while 25% are even open to removing fraud checks entirely for a faster checkout experience.

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Dev

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Top Cyber Security Training Classes after 12th

  • If you've just completed your 12th board and desire a career in the IT industry, consider cyber security due to the increasing internet usage and data threats.
  • Cyber security involves protecting systems, software, and data from malicious attacks and unauthorized access through various techniques.
  • Importance of cyber security includes preventing data breaches, protecting privacy, securing organizations, preventing cybercrime, and enhancing system reliability.
  • Reasons to choose a career in cyber security include high demand for professionals, lucrative opportunities, exciting work, and no specific technical background requirement.
  • Top cyber security training classes after 12th include Craw Security, Bytecode Security, Coursera, and Simplilearn, offering courses with job placement support.
  • Skills you will learn include network security, ethical hacking, risk management, digital forensics, cloud security, cryptography, and more in cyber security training classes.
  • Career opportunities in cyber security include roles like cybersecurity analyst, ethical hacker, security engineer, incident responder, cloud security specialist, and more.
  • Choosing cyber security training classes after 12th provides a promising future due to the increasing demand for cyber security experts in the face of rising cyber threats.
  • Top institutes offering cyber security training classes post-12th include Craw Security, Bytecode Security, Coursera, and Simplilearn, catering to individuals from all backgrounds.
  • Frequently asked questions address topics like the best course for cyber security, learning duration, required training, and the rewarding nature of a career in cyber security.

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Cybersecurity-Insiders

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AI and Network Security: Insights into the Differing Opinions of Network Engineers and Executives

  • AI plays a crucial role in network security by detecting suspicious activities, breaches, and automating incident response.
  • A study on AI-driven network management highlighted disparities in AI adoption between executives and network engineers.
  • While 94% of CIOs reported AI implementation, only 42% of network engineers claimed full integration.
  • Differences in perceptions between leadership and technical teams hinder the realization of AI's potential in network security.
  • Network engineers felt that their organizations were not allocating sufficient resources for AI implementation.
  • Challenges like high initial investment and the need for skilled professionals hinder full AI adoption.
  • An incremental approach to AI implementation and emphasis on upskilling IT staff can address resource allocation challenges.
  • Out of band technologies empower network teams to manage AI-integrated networks efficiently and remotely.
  • Collaboration between executives and engineers is essential to develop a unified AI strategy for enhanced network security.
  • AI holds the potential to strengthen security, streamline network management, and enhance cybersecurity measures.

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Dev

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JWT vs. PASETO: Which One is Right for You?

  • JSON Web Tokens (JWT) and Platform-Agnostic Security Tokens (PASETO) are both used for authentication in web applications.
  • JWT offers flexibility with multiple signing and encryption algorithms, but this also introduces risks such as algorithm confusion attacks and complex key management.
  • PASETO enforces fixed cryptographic algorithms, eliminates algorithm confusion attacks, and provides built-in support for encryption.
  • When deciding between JWT and PASETO, consider factors such as compatibility with existing systems, ecosystem support, and the need for PASETO's specific features.

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Cybersecurity-Insiders

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Cyber Attack not the cause for electricity substation explosion at Heathrow Airport

  • Heathrow Airport has experienced significant power outages due to an explosion at a nearby electricity substation in West London.
  • The explosion resulted in widespread power outages, impacting thousands of homes.
  • Firefighting teams are making progress in containing the flames at the substation.
  • Speculations of a cyber-attack or state-sponsored attack causing the explosion are circulating, but no official statement has been issued regarding the cause.

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TechCrunch

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North Korea launches new unit with a focus on AI hacking, per report

  • North Korea is establishing a new hacking unit within the Reconnaissance General Bureau (RGB).
  • The group, named Research Center 227, will focus on developing offensive hacking technologies and programs.
  • The unit will research Western cybersecurity systems, develop AI-based techniques for information theft, and respond to overseas hacking units.
  • North Korean hackers have previously targeted crypto exchanges and companies, including the recent 1.4 billion-worth hack of Bybit.

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Dev

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How does BCrypt Verification work?

  • The hashing algorithm used for password verification is a one-way hashing function.
  • BCrypt hashing and verification use random letters called salt and a cost variable to produce unpredictable hash results.
  • BCrypt stores the algorithm, cost, and salt alongside the hash result for future verification.
  • To verify a password, the algorithm, cost, and salt are extracted from the stored hash, and the same process with the extracted values is used to generate a new hash for comparison.

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Securityaffairs

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Pennsylvania State Education Association data breach impacts 500,000 individuals

  • A data breach at the Pennsylvania State Education Association exposed the personal information of over 500,000 individuals.
  • The data breach occurred on or about July 6, 2024, and was confirmed in a investigation completed on February 18, 2025.
  • Compromised personal information included names, dates of birth, driver's license numbers, social security numbers, account numbers, and health insurance information.
  • The Pennsylvania State Education Association is providing affected individuals with one year of free credit monitoring and identity restoration services.

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Pymnts

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Hackers Are Using ChatGPT Bug to Access Sensitive Data

  • A critical vulnerability in ChatGPT could be used by cybercrooks to gain unauthorized access to sensitive information.
  • The flaw allows attackers to inject malicious URLs into input parameters, leading to unintended requests on their behalf.
  • The bug is classified as of medium severity but its Exploit Prediction Scoring System score has significantly increased to 55.36%.
  • Steps to address the threat include monitoring ChatGPT usage, implementing data validation techniques, updating software and systems, and educating employees about risks.

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Macdailynews

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Mac users, don’t fall for this repurposed Windows phishing attack

  • LayerX Labs has uncovered an advanced phishing campaign targeting Mac users.
  • The phishing campaign previously targeted Windows users using fake Microsoft security alerts, but shifted its focus due to enhanced browser protections on Windows.
  • The campaign uses compromised websites to display fake security warnings and tricks users into entering their Windows credentials.
  • After browser developers implemented anti-scareware protections, the attackers shifted their focus to Mac users.

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