Tag: two factor authentication
Exclusive: Banks face a growing physical security threat
Banks, traditionally the main target for cybercriminal groups, are now being attacked not only by new online hacking techniques but also by a growing range of physical hacking tools and techniques. While financial institutions have high levels of cybersecurity and strong physical security, they currently face a growing threat from combined physical and digital assaults. “Physical security and cybersecurity convergence in the business environment. A favorite weapon in the hacker arsenal is the Flipper Zero, an inexpensive pocketable device that enables you to hack into nearby smartphones and IT systems,” says Tim Grieveson, Senior Vice President of Global Cyber Risk, BitSight.
US Government Sanctions 7 Chinese Hackers – March 26th
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against seven Chinese nationals based in Wuhan, China, for their affiliation with the 'APT31' hacking group. According to OFAC, APT31 is a nation-state-backed Chinese hacking group focused on infiltrating critical infrastructure in Eastern Europe, France, and the US.