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Corporate Collaboration Bolsters Quantum Encryption Introduction In a world where cyber attacks are becoming increasingly sophisticated, the need for robust encryption methods is paramount. One such method, Quantum Key Distribution (QKD), is gaining traction in the encryption community due to its reliance on the laws of physics to detect any attempts to infiltrate transmissions. However,…
BioCatch and Microsoft Collaborate to Offer Behavioral Biometric Intelligence for Cloud-Based Financial Fraud Detection BioCatch, a renowned global leader in fraud detection, has announced the expansion of its behavioral biometric intelligence solutions in partnership with Microsoft. The software is now an offering for Microsoft’s Cloud for Financial Services (FSI Cloud), which facilitates security, compliance, and…
Cybersecurity Collaboration: The Emergence of Public-Private Partnerships The Dangers of Cyber Threats In recent years, the world has witnessed the reach of cyber threats, which can impact millions of innocent people. A seemingly low-level cyber incident such as a password breach that occurs in a private company, like Colonial Pipeline, can end up taking down…
Circle Security and ForgeRock Integration Brings a Preventative Approach to Cybersecurity San Francisco, May 16, 2023 – Circle Security announced a joint integration with ForgeRock Identity Platform for the purpose of implementing a preventative cybersecurity approach. The cutting-edge platform is designed to minimize the dependence on usernames and passreplaces and secured data flows, resulting in…
Internet security is a critical aspect in today’s digital world, with the ever-increasing cyber threats targeting businesses and individuals. Every day, IT managers face the challenge of ensuring that their network is secure from external and internal threats. This daunting task demands time, resources, and expertise, which often leads to long workdays for IT managers….
IRS provides assistance to Ukraine for tracking Russian oligarchs’ hidden assets in crypto exchanges The Internal Revenue Service Criminal Investigative Division (IRS-CI) of the United States has donated 15 licenses of the Chainalysis Reactor platform to a team of Ukrainian investigators this week, as part of a larger effort to unravel the financial networks that…
H2: RapperBot Crew’s New Cryptojacking Element Delivers Double Trouble The RapperBot Crew has been known for compromising IoT devices for its distributed denial-of-service (DDoS) botnet malware. However, the group has now expanded its range by adding cryptocurrency mining capabilities to the botnet. According to a report by Fortinet’s FortiGuard Labs, the malware campaign has developed…
Consilient and Harex InfoTech Partner to Combat Financial Crime in South Korea Consilient, a fintech company, has partnered with Harex InfoTech to transform the fight against financial crime in South Korea. The partnership between the two companies forms a US-Korean AI technology alliance, which aims to enhance the effectiveness and efficiency of Korean financial institutions…