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Positive Technologies expert describes vulnerability linked to apps used to pay for public transit tickets. Image: iStockphoto/ipopba The balance between hands-free payments and the security standards required to protect those transactions has tipped too far in the wrong direction, according to a security expert.  At a session at Black Hat Europe 2021 this week, Timur Yunusov,  a senior security expert at Positive Technologies, explained flaws in contactless payment apps that could lead to fraud using…

A program set up to teach cybersecurity skills to autistic and neurodiverse young people in the United Kingdom has received a sizable injection of cash. The UK chancellor of the exchequer, Rishi Sunak, has awarded £100,000 (approximately $135K) to the Cybersecurity Neurodiversity Skills Development Program, described by Native Newspost as “ground-breaking.” The program, which is based in the central Scottish city of Perth, was created to give youngsters practical skills that will increase their self-confidence and employability….

With an estimated 14% of PPC costs being lost to fraud, all it takes is a look at the advertising budgets of top tech firms to see how much money they’re wasting, says PPC Shield. Image: Shutterstock/Syda Productions Click fraud prevention company PPC Shield has released the results of a study that concludes the biggest companies in the U.S. have lost a combined $717 million dollars to abuse of pay-per-click (PPC) advertising fraud.  PPC click…

Americans lost $29.8 billion in phone fraud over the past year. Can AI fraud detection change this? Image: Shutterstock/Tapati Rinchumrus  In 2021, over 59 million Americans said they lost money as a result of phone scams, with an  average reported loss of $502. “Fraud is a major consideration in the telecom industry,” said Dr. Gadi Solotorevsky, CTO at  Amdocs cVidya, an AI solutions provider . “Today, close to 2% or over $1.5 trillion in yearly…

Privacy is essential, especially on a mobile device. These five options available for both Android and iOS can help keep your device secure and your traffic private, but not without cost. Image: Shutterstock/Ksenia Zvezdina We take mobile internet for granted in 2021: It’s an established technology that we all treat as something that “just works,” and that means that much of the “how” gets forgotten. Like the amount of data being transmitted through the air…

Spain’s second-biggest brewery says it expects to fully recover from a “highly complex” cyber-attack “in the coming days.”  Sociedad Anónima Damm, which has been making the world-renowned Estrella Damm lager since 1876, was targeted by cyber-criminals on Tuesday.  The attack on the company’s computer systems temporarily halted production at all of Damm’s breweries. However, the main brewery in El Prat de Llobregat, which is located near the capital city of Barcelona, was slowest to recover.  Approximately 500 employees work…