As many as five Mexican banks may have been targeted by what appears to be a highly co-ordinated cyber-attack in which unauthorized transfers were made to bogus accounts. . The campaign seems to have focused on the domestic SPEI transfer network, and as such is reminiscent of the recent spate of sophisticated attacks on the global SWIFT inter-bank messaging system. The link for this article located at InfoSecurity is no longer available. . Well-organized digital assaults strike Brazilian financial institutions with illicit fund shifts, disrupting monetary networks.. Mexican Banks, Cybersecurity Threats, Banking Attacks, SPEI Network. . LinuxSecurity.com Team
Billions of dollars and loads of personal information are involved in the current heavy tax season managed by Internal Revenue Service (IRS). IRS extensively depends on computerized systems to support its financial and mission-related operations. In a latest report by Government Accountability Office (GOA) it is disconcerting to see that Internal Revenue Service (IRS) fails to secure private information.. According to a report from Government Accountability Office, 69% of the tax agency's already registered security flaws are unattended and continue to risk the confidentiality, integrity and availability of IRS's systems. GAO informed that the problems will place IRS at increased risk of unauthorized disclosure, modification or destruction of financial and taxpayers information. GAO provided a picture of the loopholes in security, According to them IRS Uses password that are not complex Ineffectively removes the application accounts in a timely manner for separated employees Allow the unencrypted transmission of user and administrator login information, Allows personnel excessive file and directory permission Install security patches in an untimely manner The link for this article located at Taragana Network is no longer available. . GAO uncovers IRS vulnerabilities that jeopardize taxpayer confidentiality, leading to potential breaches and data compromise.. Taxpayer Data Integrity, IRS Security Risks, Data Breach Prevention, Access Control Measures. . Anthony Pell
The High Court in London has imposed an injunction on Cambridge University security experts who claim to have uncovered serious failings in the system banks use to secure ATM PIN codes. . . .. The High Court in London has imposed an injunction on Cambridge University security experts who claim to have uncovered serious failings in the system banks use to secure ATM PIN codes. The gagging order, preventing public disclosure of cryptographic vulnerabilities, was made at the request of CitiBank and Diners' Club against experts due to testify in a 'phantom withdrawal' case to be heard in the South African High Court next month. South African couple Anil and Vanita Singh say that £50,000 withdrawn through the Diners' Club account through British ATMs in March 2000 was never made by them. Diners Club say that its systems are secure, so the money must have been withdrawn by the Singhs. . The High Court in London has imposed an injunction on Cambridge University security experts who clai. court, london, imposed, injunction, cambridge, university, security, experts. . LinuxSecurity.com Team
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