Despite fresh guidance and quicker fraud detection, the FBI actively is investigating more than 400 cases of corporate bank account takeovers, an official told federal lawmakers last week. Gordon Snow, the FBI's assistant director of the cyber division, told a House Financial Services subcommittee that these cases, in which criminals initiate unauthorized Automated Clearing House and wire transfers from seized accounts belonging to mostly small and midsize businesses, have resulted in the attempted theft of more than $225 million and actual losses of around $85 million. In his remarks, Snow also discussed risks related to ATM skimming, mobile banking and supply chain compromise.
Qualcomm on Tuesday disclosed nearly two dozen security vulnerabilities in its chipsets, including the company’s flagship suite of SnapDragon processor chips and affecting products that range from cars to powerline communications.
Open source software utilization has been scaled back by nearly 40% of industry professionals due to security concerns, with more than 50% reducing open source usage following the emergence of the widespread Log4j vulnerability, The Register reports.
New security vulnerabilities have been added by Keksec threat group, also known as Kek Security, FreakOut, and Necro, to its Enemybot Linux-based botnet to attack web servers, content management systems, and Android devices, reports The Hacker News.
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