Officials raise alarm about Chinese hacking

Credit to Author: Danny Bradbury| Date: Tue, 11 Feb 2020 11:29:30 +0000

Officials pointed to ongoing threats against US institutions, painting a dire picture of hacking efforts to support Chinese economic goals.<img src=”http://feeds.feedburner.com/~r/nakedsecurity/~4/oi3tJfEjikw” height=”1″ width=”1″ alt=””/>

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Why the Fed is considering a cash-backed cryptocurrency

Credit to Author: Lucas Mearian| Date: Tue, 11 Feb 2020 03:00:00 -0800

The Federal Reserve is investigating the potential of a central bank digital currency (CBDC) as the backbone for a new, secure real-time payments and settlements system.

The move toward a form of government-backed digital currency is being driven by Fintech firms and a banking industry already piloting or planning to pilot cash-backed digital tokens, according to Lael Brainard, a member of the U.S. Federal Reserve’s Board of Governors.

“Today, it can take a few days to get access to your funds. A real-time retail payments infrastructure would ensure the funds are available immediately – to pay utility bills or split the rent with roommates, or for small business owners to pay their suppliers,” said Brainard, who serves as chair of the committees overseeing Financial Stability and Payments, Clearing and Settlements.

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Afternoon Cyber Tea—From threat intelligence to chatbots: A look at AI in cybersecurity

Credit to Author: Todd VanderArk| Date: Mon, 10 Feb 2020 17:00:44 +0000

On this episode of Afternoon Cyber Tea, Ann Johnson and Jane Frankland discuss chatbots, AI, and increasing the number of women in cybersecurity.

The post Afternoon Cyber Tea—From threat intelligence to chatbots: A look at AI in cybersecurity appeared first on Microsoft Security.

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Malwarebytes Labs releases 2020 State of Malware Report

Credit to Author: Malwarebytes Labs| Date: Tue, 11 Feb 2020 08:01:00 +0000

The 2020 State of Malware Report reveals how cybercriminals upped the ante on businesses, Mac threats outpaced PCs, and ransomware continued its targeted, deadly assault with new families in 2019. Learn all this and more in the full report, linked in our blog.

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U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Credit to Author: BrianKrebs| Date: Tue, 11 Feb 2020 03:25:52 +0000

The U.S. Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans. DOJ officials said the four men were responsible for carrying out the largest theft of sensitive personal information by state-sponsored hackers ever recorded. 

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Patch Tuesday’s tomorrow. Verify you have 'Pause Updates' enabled

Credit to Author: Woody Leonhard| Date: Mon, 10 Feb 2020 12:13:00 -0800

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UEM to marry security — finally — after long courtship

Credit to Author: Lucas Mearian| Date: Mon, 10 Feb 2020 03:00:00 -0800

The days of enterprise security being a separate entity from mobile and desktop endpoint management are coming to an end, which should delight infrastructure and security teams who’ll eventually have more powerful machine learning-enabled tools at their disposal — and a single console through which to control them.

Security around mobile and desktop infrastructures has traditionally depended on what’s being managed; you purchase one for mobile devices and another for the rest of your endpoints, whether laptop or desktop.

While security threats are growing, particularly phishing attacks via email, SMS or hyperlinks, the amount of money companies spend on mobile security appears to be shrinking. And yet, the percentage of organizations that admit to having suffered a mobile compromise grew in 2019, according to a Verizon survey.

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Battling online coronavirus scams with facts

Credit to Author: David Ruiz| Date: Mon, 10 Feb 2020 16:56:49 +0000

New online scams have preyed on the public’s fear about coronavirus outbreak. Don’t be fooled. Here is what we know about coronavirus and its related scams.

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The post Battling online coronavirus scams with facts appeared first on Malwarebytes Labs.

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A week in security (February 3 – 9)

Credit to Author: Malwarebytes Labs| Date: Mon, 10 Feb 2020 16:46:42 +0000

Last week on Malwarebytes Labs, we looked at Washington state’s latest efforts to provide better data privacy rights for their residents, dove into the many security questions regarding fintech, and took a look at performance art’s impact on Google Maps.

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