Tag: Cybersecurity

FBI Urges Everyone To Reboot All Routers Immediately | Digital Trends

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Following reports that a type of malware has infected more than 500,000 routers used in homes and small businesses in more than 50 countries, the FBI is urging all consumers to reboot their routers. The VPNFilter malware was discovered by Cisco’s security researchers and affects routers made by Linksys, Mikrotik, Netgear, QNAP, and TP-Link. The U.S. Department of Justice said the authors of the VPNFilter were part of the Sofacy group that answered directly to the Russian government, Reuters reported, and that Ukraine was the likely target of the attack. “The VPNFilter…

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‘Open Banking’ Holds Promise But Cybersecurity Fears Loom For Canadian Banks – National | Globalnews.ca

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TORONTO – As banks work to fortify their cybersecurity defences amidst a growing number of data breaches, they are also exploring the promise of so-called “open banking,” a concept that could finally disrupt the staid financial services industry. Customers have increasingly moved away from physical branches towards online and mobile apps, but banking has yet to reach its “Uberization” moment, one that breaks down traditional models to usher in new innovations, as Uber has done for the taxi industry. Open banking – granting third-parties like financial technology startups access to…

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White House Wants To End Social Security Numbers As A National ID | Ars Technica

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Rob Joyce, the White House cybersecurity czar, said on Tuesday that the government should end using the Social Security number as a national identification method. “I believe the Social Security number has outlived its usefulness,” said Joyce, while speaking at The Washington Post’s Cybersecurity Summit. “Every time we use the Social Security number, you put it at risk.” One problem with the Social Security number, he said, is that a victim of identity theft cannot get it changed after it has been stolen. Joyce’s comments come a month after the Equifax hack,…

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