Security researchers have recently published a study that revealed vulnerabilities from financial technologies, banking, and cryptocurrency exchange sectors. The open banking system drove the utilisation of APIs throughout the banking sector, allowing third-party developers to create applications within financial services.   For this reason, financial services are pushed to prioritise API security, whether as requirement compliance or as a business strategy.  From the study, a security researcher has focused on vulnerabilities among...Continue Reading

New reports are published by the FBI pertaining to ransomware groups observed to exploit special financial events to perform their attacks. The ransomware threat groups use financial events such as acquisitions and mergers to target institutions and compel them to pay ransom demands.  The FBI stated that ransomware groups research and acquire the victim’s publicly available data before executing...Continue Reading