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Trapets CEO Gabriella Bussien on Why Banks Need to Fine-Tune, Automate KYC Processes
KYC protocols traditionally focus on account-level verification, but examining KYC at the product level can help banks assess risk more accurately. Asking targeted questions based on product risk enables institutions to detect potential financial crimes, said Gabriella Bussien, CEO of Trapets.

Also: LottieFiles Attack, Craig Wright's Contempt of Court
This week, Metawin hacks, LottieFiles attack, hackers used Ethereum smart contracts to target npm developers, Craig Wright faced contempt of court, Alameda sued KuCoin, Binance sought dismissal of a U.S. Securities and Exchange lawsuit, and Immutable received a Wells Notice.

Also: Ransomware Hackers Demand Baguettes
This week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.

Did Data Theft at Firm Also Affect Other Clients' Information?
A hacking incident at Thompson Coburn, a national law firm based in Missouri, has affected an unspecified number of patients of a healthcare sector client, Presbyterian Healthcare Services in New Mexico. But a big unanswered question is whether other clients were affected.

U.S. Cybersecurity and Infrastructure Security Agency (CISA) adds Palo Alto Expedition, Android, CyberPanel and Nostromo nhttpd bugs to its Known Exploited Vulnerabilities catalog. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) added the following vulnerabilities to its Known Exploited Vulnerabilities (KEV) catalog: CVE-2024-43093 – this week, Google warned that the vulnerability CVE-2024-43093 in the Android OS is […]

A vulnerability was found in Intelliants Subrion CMS up to 3.3.2. It has been classified as critical. This affects an unknown part of the component Salt Cookie. The manipulation leads to sql injection. This vulnerability is uniquely identified as CVE-2015-4129. It is possible to initiate the attack remotely. There is no exploit available. It is recommended to upgrade the affected component.

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Over the past few years, businesses have rapidly expanded their digital infrastructure to accommodate distributed workforces and implemented a slew of modernization initiatives to bring them into the digital era. This has fueled a shift from on-premises data storage to […]

The post From Data to Cloud: Bridging Security Gaps with DSPM and CSPM appeared first on TechSpective.

The post From Data to Cloud: Bridging Security Gaps with DSPM and CSPM appeared first on Security Boulevard.

A vulnerability, which was classified as problematic, was found in OrientDB Server Community Edition up to 2.0.14/2.1.0. This affects an unknown part of the component Studio. The manipulation leads to improper input validation. This vulnerability is uniquely identified as CVE-2015-2918. It is possible to initiate the attack remotely. There is no exploit available. It is recommended to upgrade the affected component.

A vulnerability was found in Huawei HarmonyOS and EMUI. It has been rated as critical. This issue affects some unknown processing of the component System Module. The manipulation leads to improper privilege management. The identification of this vulnerability is CVE-2023-52543. The attack needs to be approached within the local network. There is no exploit available.

A vulnerability classified as problematic has been found in Time4J Base 5.9.3. This affects the function net.time4j.format.internal.FormatUtils::useDefaultWeekmodel. The manipulation leads to null pointer dereference. This vulnerability is uniquely identified as CVE-2024-23083. Access to the local network is required for this attack. There is no exploit available.