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Cybersecurity Co Kaspersky Lab Details Malware Aimed At Mobile Banking

PYMNTS

Kaspersky Lab, a cybersecurity and anti-virus company, has reported a rise in a specific malware intended to steal money and credentials from people’s bank accounts. Asacub first appeared in 2015,” the company said. Victor Chebyshev, a security researcher at Kaspersky Lab, said the attacks are becoming more sophisticated by the day.

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Research And Markets Finds Connected Home Market Growing

PYMNTS

Research and Markets announced on Wednesday (Sept. 21) the addition of a new research report looking at the connected home market and the cyber risks it could face. The study provides an understanding of the types of smart technologies, devices and cybersecurity measures that are being used in North American homes.”.

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2015 Marriott Breach: Prelude To 2018 Cyberattack?

PYMNTS

In 2015, the Wall Street Journal reported Marriott had a smaller breach in which malware was installed on point of sale systems in hotel restaurants and gift shops. That was announced four days after Marriott announced it was buying Starwood Hotels & Resorts, noted the paper.

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Asia Pacific’s Cyber Insurance Growth Project to Triple Next Year

Fintech News

Despite its rapid growth, the APAC region remains the second smallest cyber insurance market globally, S&P Global says, a statement that aligns with findings of a Moody’s survey which revealed strong cybersecurity oversight among APAC players compared to global counterparts. trillion annually by 2025.

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Cybersecurity Funding On Pace For A Record-Breaking Year

CB Insights

Given the rising quantity and severity of cyber attacks, cybersecurity continues to be one of the hottest tech sectors in recent history. As companies and governments look to better secure their networks, data, and devices, investors have been making more deals to private cybersecurity companies than ever before. in Q2’17.

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500M Digital Identities Exposed In 2015

PYMNTS

New research from Symantec estimates that over half a billion identities were stolen or exposed online last year, along with even more companies not reporting to true extent of data loss during security breaches. Ransomeware attacks are also on the rise, with nearly 35 percent more incidents reported in 2015 compared to the previous year.

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For Cybersecurity, Independent Contractors Should Think Like Big Businesses

PYMNTS

Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 of British Insurers, which found that three-quarters of SMBs have experienced some type of cybersecurity breach in the last year. Last year, members of Congress heard testimony from experts outlining SMBs’ cybersecurity risks.