A rogue help-desk employee could gain access to user accounts through unauthorized password resets. It's time to bring zero trust to the help desk.

Zero-day buses: none for a while, then three at once. Here's Google joining Apple and Adobe in "zero-day week"

Why would a tax agency contractor’s privacy policy mention collecting information about my Facebook friends?

The post Questions linger after IRS’s about‑face on facial recognition appeared first on WeLiveSecurity

PRESS RELEASE. SundaeSwap (SUNDAE) has been added to the list of tradable assets supported by leading cryptocurrency exchange Bitrue. This development comes at a time when the launch of SundaeSwap on Cardano (ADA) was met with many technical issues such as congestion which still continue even now. Still, Cardano developers have stated that fixes are…

The post Bitrue To List SundaeSwap As Cardano’s DEX Gets Off To A Rocky Start appeared first on Bitcoin News Miner.

Spain's National Police Agency, the Policía Nacional, said last week it dismantled an unnamed cybercriminal organization and arrested eight individuals in connection with a series of SIM swapping attacks that were carried out with the goal of financial fraud. The suspects of the crime ring masqueraded as trustworthy representatives of banks and other organizations and used traditional phishing

The Central Bank of Kenya (CBK) has released its discussion paper on the possibility of a central bank digital currency (CBDC) and is now awaiting feedback from the public regarding the potential benefits and risks associated with it along with the regulatory concerns. Those willing to participate have until May 20, 2022, to submit their comments. In a discussion paper examining the potential use of a digital currency, the central bank said that CDBC solutions could flatten the multi-layered correspondent banking structure and shorten the payment chains. “This discussion paper is part of CBK’s initiatives to ensure informed policy review regarding financial sector innovations. CBK invites the public, industry and stakeholders to review this discussion paper on CBDC and provide feedback and ideas to be considered when assessing the use case for CBDC in Kenya,” it said. According to the financial institution, a CBDC could potentially shield the public from the risk of new forms of private money by providing safer and more trustworthy payment services in comparison to the new forms of money such as stablecoins. Overall, CBDC also presents an opportunity for cyberattacks and other security threats, including data privacy issues. Nigeria became the first country in Africa to launch its central bank digital currency (CBDC), in October last year while Ghana is at the advanced stage of launching its digital currency. Similarly, Zambia is also carrying out research on CBDCs. Currently, Kenya ranks 5th in the 2021 Global Crypto Adoption Index, according to blockchain analysis firm Chainalysis. As of June 2019, 91 countries are currently involved in sovereign digital currency research with just 14 advancing to the pilot stage, according to the Atlantic Council . Overall nine countries have already implemented a CBDC.

The post Kenya Releases Discussion Paper on CBDCs appeared first on Cryptoknowmics-Crypto News and Media Platform.

Kenya's central bank highlighted CBDC's merits and asked the broad public to express their viewpoint on the financial product.

The possibility of deploying blockchain technology for government services plays an important role in making government bodies efficient, speedy, secure and trustworthy. Blockchain-based digital...

In the crypto world, there are two major types of coins: Bitcoin and Altcoins. Altcoins are the coins minted or published after Bitcoin, a pioneer in the cryptocurrency space. As of January 2022, there are over 16,500 cryptocurrencies. Every other day a new coin is likely to be introduced. These coins are lesser in value […]

The post Altcoin Investing 101: 5 Things To Consider appeared first on Fintech News.

Kenya joins the growing list of countries that are exploring national digital currency options. The Central Bank of Kenya has said the use of a Central Bank Digital Currency (CBDC) could enhance cross-border payments by making them more efficient and less costly. More and more countries are now exploring a CBDC option. Earlier, the Indian […]

How Much Does it Cost to Develop an On-Demand Courier Delivery App or Package Tracking App? Nowadays, the extreme focus of modern businesses is to reach customer expectations and maintain transparency in delivering services. Everything...

On FinTech Profile today we are pleased to talk to Fabian Grapengiesser, founder of Stock Republic AB, who provide social networking services for investors. This is a platform that equipped investors with the ability to analyze potential investment opportunities through scientific dataset. —– Who are you and what’s your background?I used to head the ’internet-office’ […]