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FCC takes initiative to Speed Up Mobile Security Updates

FCC takes initiative to Speed Up Mobile Security Updates

May 10, 2016
In Brief The Smartphone users are fed up with slow security updates, so two United States federal agencies have launched an official inquiry to know how manufacturers and carriers deal with mobile phone security updates and what they are doing to roll out patches as quickly as possible. The Smartphone patch update mechanism is broken, and someone has to fix it. Most smartphone models are not receiving available security patches, and the risk of vulnerabilities , malware infections , and data loss are leaving consumers vulnerable to attacks and putting businesses and corporate networks at risk. The United States federal regulators want to know how and when mobile phone manufacturers and cell phone carriers release security updates to assure its users' security, amid mounting concerns over security vulnerabilities. The Federal Communications Commission (FCC) in partnership with the Federal Trade Commission (FTC) have launched its own, parallel inquiry into mobile devic
Samsung Get Sued for Failing to Update its Smartphones

Samsung Get Sued for Failing to Update its Smartphones

Jan 22, 2016
One of the world's largest smartphone makers is being sued by the Dutch Consumers' Association (DCA) for its lack in providing timely software updates to its Android smartphones. This doesn't surprise me, though. The majority of manufacturers fail to deliver software updates for old devices for years. However, the consumer protection watchdog in The Netherlands, The Dutch Consumentenbond, filed a lawsuit against Samsung, due to the manufacturer's grip over the local market compared to other manufacturers. Last year, the discovery of the scary Stagefright Security Bug , which affected over 1 Billion Android devices worldwide, forced Samsung to implement a security update process that " fast tracks the security patches over the air when security vulnerabilities are uncovered a security update process that " fast tracks the security patches over the air when security vulnerabilities are uncovered, " and that the security updates will
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
Stagefright Bug 2.0 — One Billion Android SmartPhones Vulnerable to Hacking

Stagefright Bug 2.0 — One Billion Android SmartPhones Vulnerable to Hacking

Oct 01, 2015
Attention Android users! More than 1 Billion Android devices are vulnerable to hackers once again – Thanks to newly disclosed two new Android Stagefright vulnerabilities . Yes, Android Stagefright bug is Back… …and this time, the flaw allows an attacker to hack Android smartphones just by tricking users into visiting a website that contains a malicious multimedia file, either MP3 or MP4. In July, Joshua Drake, a Security researcher at Zimperium revealed the first Stagefright bug that allowed hackers to hijack Android smartphones with just a simple text message ( exploit code ). How Stagefright Bug 2.0 Works Both newly discovered vulnerabilities ( CVE-2015-6602 and CVE-2015-3876 ) also reside in the Android Media Playback Engine called ' Stagefright ' and affects all Android OS version from 1 to latest release 5.1.1. Reportedly, merely previewing a maliciously crafted song or video file would execute the Stagefright Bug 2.0 exploit , allowing h
cyber security

The Critical State of AI in the Cloud

websiteWiz.ioArtificial Intelligence / Cloud Security
Wiz Research reveals the explosive growth of AI adoption and what 150,000+ cloud accounts revealed about the AI surge.
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