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Samsung Launches Bug Bounty Program — Offering up to $200,000 in Rewards

Samsung Launches Bug Bounty Program — Offering up to $200,000 in Rewards

Sep 12, 2017
With the growing number of cyber attacks and data breaches, a number of tech companies and organisations have started Bug Bounty programs for encouraging hackers, bug hunters and researchers to find and responsibly report bugs in their services and get rewarded. Samsung is the latest in the list of tech companies to launch a bug bounty program, announcing that the South Korean electronics giant will offer rewards of up to $200,000 to anyone who discovers vulnerabilities in its mobile devices and associated software. Dubbed Mobile Security Rewards Program , the newly-launched bug bounty program will cover 38 Samsung mobile devices released from 2016 onwards which currently receive monthly or quarterly security updates from the company. So, if you want to take part in the Samsung Mobile Security Rewards Program, you have these devices as your target—the Galaxy S, Galaxy Note, Galaxy A, Galaxy J, and the Galaxy Tab series, as well as Samsung's flagship devices, the S8, S8+, a
Samsung Flaw Lets Hacker Easily Take Control of Your Galaxy Mobile Remotely

Samsung Flaw Lets Hacker Easily Take Control of Your Galaxy Mobile Remotely

Jun 19, 2015
More than 600 Million users of Samsung Galaxy smartphones, including the newly released Galaxy S6, are potentially vulnerable to a software bug that allows hackers to secretly monitor the phone's camera and microphone, read text messages and install malicious apps. The vulnerability is due to a problem with the Samsung built-in keyboard app that enables easier predictive text. One of the keyboard app version, SwiftKey IME , that comes prepackaged with Samsung's latest Galaxy smartphones could allow a malicious hacker to remotely execute code on user's phone even when if they are not using the keyboard app. Users cannot get rid of this Flaw The app cannot be uninstalled or disabled by the users of the Samsung smartphone devices, so it is up to Samsung to fix the critical bug. The vulnerability was discovered by NowSecure mobile security researcher Ryan Welton, who notified Samsung about the bug in December last year. The keyboard app periodic
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
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