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Reading: UK Purchase Scams Surge up to £580M – October 25th
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Reading: UK Purchase Scams Surge up to £580M – October 25th
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NewsOne Minute Roundup

UK Purchase Scams Surge up to £580M – October 25th

David
October 25, 2023 at 10:56 AM
By David David
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The Daily Decrypt - One Minute Roundup
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The Daily Decrypt - One Minute Roundup

US Cybersecurity Watchdog Under Government Scrutiny

Sen. Rand Paul has publicly commented on his disdain toward the Cybersecurity and Infrastructure Agency (CISA)’s initiatives to censor social media content and the agency’s 50% budget increase.

The Senator has been a notorious critic of cyber policies, reportedly opposing 11 cyber bills. CISA is continuing to address these concerns but has denied the accusations and vows to continue building a safer cyber ecosystem in the U.S.

 

UK Purchase Scams Surge up to £580M

UK Finance has reported a significant increase in authorized push payment (APP) fraud in the first half of 2023.

APP fraud refers to threat actors practicing identity fraud to trick victims into sending money to bank accounts under their control.

 

VMware Warns Customers of Proof-of-Concept Exploit

VMware, a virtualization services provider, has announced to its customers the software’s Proof-of-Concept (PoC) exploit.

The PoC vulnerability is being labeled as a high-severity risk related to a case of authentication bypass, which could lead to remote code execution.

TAGGED: vmware, proof of concept, poc, Cybersecurity, high severity risk, authentication, vulnerability, senator rand paul, cisa, cybersecurity and infrastructure agency, uk finance, purchase scams, cybercrime surge, authorized push payment fraud
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