Estonian anti-money laundering platform used to fight APP fraud

An information-sharing platform set up to help banks prevent money laundering has evolved to fight a wider range of financial crimes. The platform, originally known as AML Bridge, has proved effective in supporting banks’ efforts to tackle authorised push payment (APP) fraud. During a trial of the software last year, Salv, the financial technology […]

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Government urged to address ‘broken’ apprenticeship levy system

The government has been urged to address the issues with its apprenticeship levy, which has been criticised for being needlessly restrictive. An open letter from several industry bodies has highlighted around £3.5bn in levy funds have been left unused because of the rules surrounding how businesses can spend contributions. Julian David, chief executive of […]

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Royal Mail branches still struggling after cyber attack

Royal Mail has successfully restored almost all of its international services following the 10 January LockBit ransomware attack on its systems, but remains unable to accept new parcels in its physical branches, although customers can drop off items for which they have bought postage online. In an update posted today, Royal Mail said it […]

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Executive interview, Eric Muntz, Mailchimp

For the past 13 years, Eric Muntz has worked at Mailchimp, latterly as its chief technology officer (CTO). The company was acquired by Intuit in 2021 for $12bn. Muntz has recently changed roles and is now a technology advocate at Intuit Mailchimp. Reflecting on his experience of managing engineering teams, Muntz surmises: “We’re trying […]

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How to fix the top 5 cybersecurity vulnerabilities

The threat landscape gets progressively worse by the day. Cross-site scripting, SQL injection, exploits of sensitive data, phishing and DDoS attacks are far too common. More and more sophisticated attacks are being spotted, and security teams are scrambling to keep up. Teams are faced with many issues, including advanced phishing attacks that are all […]

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The Security Interviews: How to overcome data protection compliance challenges

Although necessary, the recent legislative requirements for data protection have become an additional burden for organisations. This is further complicated when sharing data internationally, as the legislation of the destination country also has to be considered. As this applies to small organisations just as much as to large multi-national corporations, it is now more […]

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Ransomware operator turns their fire on two-year-old VMware bug

A two-year-old heap overflow vulnerability in VMware ESXi hypervisors seems to have come to the attention of a ransomware operator that is targeting unpatched systems indiscriminately in what has the potential to become a serious incident, and may already have claimed more than 300 victims, according to warnings. Tracked as CVE-2021-21974, the vulnerability exists […]

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Backup maintenance: Make sure backups can deliver

Backup is essential to ensure a business can survive all manner of incidents and mishaps, ranging from the minor – such as a deleted file or corrupted application – to full-scale disasters such as a fire, flood or ransomware attack. But backup or disaster recovery plans can never be effective if backups are not […]

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UK seeks head of quantum office

The Department for Business, Energy & Industrial Strategy (BEIS) is looking to appoint someone to lead the government’s quantum computing strategy. According to a job advert posted on the Civil Service Jobs website, the government sees quantum computing as a priority technology. “We will look to you to be an inspiring leader, a collaborative […]

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What is passive reconnaissance? – TechTarget Definition

By What is passive reconnaissance? Passive reconnaissance is an attempt to gain information about targeted computers and networks without actively engaging with the systems. In active reconnaissance, in contrast, the attacker engages with the target system, typically conducting a port scan to find any open ports. The term reconnaissance comes from its military use to […]

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