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 188.8.131.52 and prior versions are vulnerable.
ICO attacks are new normal in 2018. On an average 10 ICOs get hacked every month. Successful ICOs are all about correct execution.
Most founders do not factor in the required cyber security practices to launch tokens and end up losing millions to silly hacks. ICO startups are left with very few options after a heist.
Entersoft emerged victorious as "Best Fintech Startup of 2017" and "Outstanding Application Security Solutions Provider" at the 2017 ET NET FinTech Awards for their proactive and offensive approach with DevSecOps, which assess applications for various security loopholes.
The Internet of Things continues to connect an ever-increasing number of devices. We're heading towards a seamlessly connected world that will have 24 billion IoT devices by 2020. Connected devices are making headway into each and every aspect of our lives, including homes, offices, cars and even cities.
Entersoft Security in collaboration with IOT Forum India and TiE Bangalore conducted IOT Hackfest on 7th November 2017 at the TiE Bangalore office.