FBI Director Robert Mueller once said, “There are only two types of companies: those that have been hacked, and those that will be.” Every business, no matter its industry or scale, is a potential target and unless there is a strong security culture in place, odds are that a breach will occur, causing a loss of information, leakage of critical data or direct financial fraud. We have witnessed organizations across finance, healthcare, governance, retail, transportation, energy and education targeted by cyber-criminals in the last one year alone.
Segasec and Entersoft to strengthen their partnership in India
Tel Aviv, February 13, 2019 – India is among the top four nations targeted by phishing attacks according to a recent research. Consequently, the Reserve Bank of India (RBI) lately regulated that all Indian banks need to have in place a robust cybersecurity framework. This should include a Cyber Crisis Management Plan (CCMP) that addresses early detection, fast response, recovery and containment including protection against customer facing phishing attacks.
Introducing our close partners - BlockShow powered by Cointelegraph.
BlockShow Asia 2018 is gathering more than 2000 people (big names from OTC like DRW/Cumberland; funds FBG, GBIC, Signum, Fenbushi as well as Regulators and Corporate representatives) second year in a row on November 28-29 in Marina Bay Sands. This year BlockShow is retuning to Singapore as a part of Asia Blockchain week.
Entersoft is proud to announce a partnership with BLOCKLOAN - Next generation credit on blockchain with global lending protocols & crypto products. BLOCKLOAN is building the ultimate blockchain credit infrastructure, including a global Consumer Lending Protocol & Margin Lending Protocol, as well as a highly-secure Wallet & Debit Card, converting crypto to fiat.
Entersoft successfully conducted Tel Aviv Hackfest in collaboration with SQ Link Group, Israel’s leading IT Company on 24 July 2018 at SQ Link office, Ramat Gan, Tel Aviv.
Cyber security in FinTech is a growing concern, with no markets more directly impacted by its rise than banks, payments and Blockchain. Data from banks and other financial organisations is a premium target for hackers, offering clear incentives for their malicious attacks.
With this in mind, we launched the FinTech Hackfest - an event that saw white hat hackers from Entersoft, PwC and others, make Hong Kong Fintech products secure within 24 hours.
When it comes to cybersecurity, 2018 has not been a great year so far with the whole Facebook fiasco and numerous compromised ICOs (more on that here). There are bigger hacks that generate noise and get a lot of attention and there a few smaller ones that go unnoticed. Here's a brief round up of some breaches from last month.
Adobe Flash Player is prone to an unspecified remote code-execution vulnerability. Attackers can exploit this issue to execute arbitrary code in the context of the user running the affected applications. Failed exploit attempts will likely cause a denial-of-service condition. Adobe Flash Player version 184.108.40.206 and prior versions are vulnerable.