Financial institutions have 30 days to disclose breaches under new rules
Amendments contain loopholes that may blunt their effectiveness. Enlarge (credit: Brendan Smialowski / Getty Images) The Securities and Exchange Commission (SEC) will require some financial institutions to disclose secur.....»»
CDK tells dealers DMS outage won"t be resolved before June 30
CDK also told dealers in the June 25 note if they needed "to make alternate plans for your month-end financial close process, you should do so.” .....»»
More competition in banking, less information—research reveals the impacts on potential borrowers
A new study conducted by Filippo De Marco of Bocconi University, Milan, and Silvio Petriconi of the Catolica Lisbon School of Business and Economics, published in the Journal of Financial and Quantitative Analysis reveals that competition among banks.....»»
The dark side of loan guarantee programs for SMEs
There is always a downside. Even for loan guarantee programs for small businesses, launched during financial crises to stave off the drying up of credit, particularly likely in periods of recession. It turns out these programs also have negative effe.....»»
This leak just spoiled the Samsung Galaxy Watch 7
We have further confirmation that the Samsung Galaxy Watch 7 is real and launching in just a few days. We also know it's price, key features, and hardware......»»
Guide to mitigating credential stuffing attacks
We have a collective unaddressed weakness when it comes to basic cybersecurity. Out of the many reports circulating in the news today, many statistics revolve around the number of detected breaches. Why are credentials so sought after? How can we com.....»»
EU says Apple violated app developers’ rights, could be fined 10% of revenue
EU: Apple fees and rules stop devs from steering users to other sales channels. Enlarge (credit: Getty Images | SOPA Images ) The European Commission today said it found that Apple is violating the Digital Markets Act (D.....»»
CDK says DMS restoration process from cyberattacks has begun, reiterates "several days" to end outages
CDK Global, in a note to customers, referred to the cyberattacks for the first time as a ransom event......»»
Provenir’s AI-powered risk decisioning platform increases fraud detection
As the financial services world becomes increasingly digitized and consumer demands evolve, fraudsters and their methods are becoming more sophisticated. Provenir is helping organizations fight back by detecting these emerging threats via sophisticat.....»»
Following in parents" educational footsteps offers financial rewards, study shows
Lawyers, doctors and engineers who have studied in the same field as their parents have higher incomes than their colleagues, according to a new Danish study published in The British Journal of Sociology. While this could be a sign of nepotism or oth.....»»
Mystery of massive aurora in Arctic skies in December 2022 solved by astronomers
A small team of astronomers affiliated with several institutions in Japan, working with a pair of colleagues in the U.S., has solved the mystery of the unusually smooth aurora that appeared in the Arctic sky in December of 2022......»»
Super Monkey Ball Banana Rumble review: Sega is on a roll with its latest hit
Super Monkey Ball: Banana Rumble is the best entry in Sega's quirky platforming series since its GameCube days......»»
EU says Apple anti-steering rules in breach of DMA, officially investigating Core Technology Fee terms
The European Commission has formally announced today its preliminary view that Apple is in breach of the Digital Markets Act, surrounding App Store anti-steering rules. Additionally, the commission is also officially investigating Apple’s ‘al.....»»
1 out of 3 breaches go undetected
Organizations continue to struggle in detecting breaches as they become more targeted and sophisticated, with more than 1 out of 3 organizations citing their existing security tools were unable to detect breaches when they occur, according to Gigamon.....»»
Why are threat actors faking data breaches?
Earlier this year Europcar discovered a hacker selling info on its 50 million customers on the dark web. The European car rental company immediately launched an investigation, only to discover that the data being sold was completely doctored, possibl.....»»
Scientists explore the vast reservoir of dissolved organic matter in oceans
Few things last very long in the world of the open oceans, it would seem. In the light-filled surface layer, microscopic algae convert carbon dioxide and water into biomass via photosynthesis. Individual cells vanish in a matter of hours or days, ing.....»»
CDK says DMS restoration process from cyber ransom attack has begun, reiterates "several days" to end outages
CDK Global, in a note to customers, referred to the cyberattacks for the first time as a ransom event......»»
At dealerships, ‘wishful thinking" for CDK cyberattack resolution on crucial sales Saturday
Dealerships, which typically have busy sales days on Saturdays, enter the fourth day of the cyberattack shutdown with uncertainty......»»
CDK cyberattacks could trigger litigation from consumers and dealers alike
It was a rough week as CDK Global dealt with two cybersecurity attacks, its customers rushed to adapt and experts predicted more breaches to come......»»
Apple’s AI features for the iPhone just hit a major roadblock
Apple Intelligence was supposed to rethink what an iPhone can accomplish. The EU's landmark market rules are now standing in the way of users experiencing it......»»
Study suggests pawn loans compound the pain for many
Australia's pawnbroking industry is too lightly regulated, harming vulnerable consumers and leaving them in greater financial distress, according to new research by the University of Melbourne. The work is available in the University of Queensland La.....»»