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Cybersecurity Risks

All articles tagged with #cybersecurity risks

technology2 years ago

"iPhone's NameDrop Feature: Privacy Risks and Misleading Warnings"

The new "name drop" feature on the latest iPhone update is causing privacy and security concerns as it allows users to share their contact information, including profile picture, name, email address, and phone number, with other Apple devices in close proximity. While Apple states that users have control over whom they share their information with, critics are raising concerns about potential cybersecurity risks during the holiday season.

cybersecurity2 years ago

FBI cautions against using public phone chargers due to security risks

The FBI has warned that public USB ports can be used by hackers to introduce malware and monitoring software onto devices, a cybercrime known as "juice jacking." The agency advises carrying your own charger and USB cord and using an electrical outlet to power up your device instead. Cybersecurity experts recommend adopting newer USB technology or purchasing charging-only cables, which don't allow data extraction, and using wireless chargers. Signs of a compromised device include a loss of battery life, a slowdown in operations, overheating, settings being altered without input, and unusually high data usage.

finance2 years ago

SEC proposes comprehensive cybersecurity rules for financial markets and firms.

The Securities and Exchange Commission (SEC) has proposed new requirements for Market Entities, including broker-dealers, clearing agencies, and national securities exchanges, to address their cybersecurity risks. The proposal would require all Market Entities to implement policies and procedures that are reasonably designed to address their cybersecurity risks and review and assess the effectiveness of their cybersecurity policies and procedures at least annually. The proposal also includes new notification and reporting requirements to improve the Commission's ability to obtain information about significant cybersecurity incidents affecting these entities and improve transparency about the cybersecurity risks that can cause adverse impacts to the U.S. securities markets.