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Banks to Pay Microsoft Millions of Dollars for extended Windows XP Support

Banks to Pay Microsoft Millions of Dollars for extended Windows XP Support

Mar 18, 2014
Despite so many warnings from Microsoft and Cyber Security Experts, Windows XP is still being used by a number of Government organizations, Financial institutions as well as big Corporations all around the world. If we look at the statistics then almost 30% of computers you will find that still run Windows XP , including banks, airline companies, and other huge enterprises, the count in real is likely to be even higher than the estimated. But If you stick with Windows XP after April 8 2014 , you might be at a great risk as XP will take its last breath officially on that day and will die! This fact poses danger to its users as they will be exposed to all kinds of threats. Almost thirteen years after it was 'first released' i.e. April 8 when the Redmond, Washington-headquartered Corporation will stop support for its longest running and most successful OS, Windows XP. Continue using Windows XP after April 8, it will serve you as a Dead Zombie, because Microsoft w
Malware that transfers stolen data using Inaudible Audio signals

Malware that transfers stolen data using Inaudible Audio signals

Dec 03, 2013
If you think that a computer which is not connected to a network, doesn't have any USB sticks attached to it and doesn't accept any kind of electronic connection requests are reasonably safe against hackers and from all the malware, then you are Wrong. Here we have something shocking update that Some German Scientists have developed a proof of concept Malware prototype, could allow a hacker to infect your computers and other digital devices just using  Inaudible Audio signals . The ability to bridge an air gap could be a potent infection vector. Just imagine, a cyber attack using high-frequency sound waves to infect machines, where stolen data also can be transferred back to attacker without a network connection, Sounds very terrifying ? When a few weeks ago, a security researcher Dragos Ruiu claimed malware dubbed badBIOS  allowed infected machines to communicate using sound waves alone, means that the devices are physically disconnected from any networks, including the inter
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
Hollywood wants Right to use Malware to hack the computers of Pirates

Hollywood wants Right to use Malware to hack the computers of Pirates

May 28, 2013
In the constant battle between illegal file sharers (Pirates) and the entertainment industry (Hollywood) supplying the protected digital materials, the pirates have been staying one step ahead, although the industry may soon have a powerful new weapon in their arsenal. A new report released by the Commission on the Theft of American Intellectual Property suggests the use of malware to fight piracy. In a report, the Commission on the Theft of American Intellectual Property proposed many ways piracy can be combated, including infecting alleged violators' computers with malware that can wreck havoc, including and up to destroying the user's computer. It would also give the entertainment industry the advantage of tracking those who commit IP theft on-line no matter their location. Though it sounds reasonable on the surface, it is really a bad idea due to the challenge of correctly identifying a cyber attacker, as well as the unavoidable risk of collateral damage. If you want to read an 8
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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