Business & Finance

Fileless malware attacks surge by 900%

spike 2 days ago

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared to 2019.

The report also found that Q4 2020 brought a 41% increase in encrypted malware detections over the previous quarter and network attacks hit their highest levels since 2018.

The report, from WatchGuard Technologies, includes new insights based on endpoint threat intelligence following its acquisition of Panda Security in June 2020.

“The rise in sophisticated, evasive threat tactics last quarter and throughout 2020 showcases how vital it is

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Payments Cards & Mobile Jobs of the Week April 19

spike 2 days ago

Finally, the light at the end of the tunnel is here! Baby steps of course, but there are some real positive changes happening across the UK this week, as restrictions start to lift (pub, anyone?)

Spring is a great time to apply for a new job

Another exciting thing to note is that workplaces are also slowly returning to normal, which means actively recruiting – writes Rebecca O’Keeffe, Content Creator, Jobbio.

Spring is a great time to apply for a new job, so we’ve compiled a list of some really exciting roles available at the moment at the likes

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Rethinking AML for the digital age

spike 2 days ago

Europe’s banks are undergoing one of the greatest periods of transformation in their 800-year history. Banking models that prioritised delivery through branch networks are disappearing, replaced by digital as mobile takes control of more of our own and our customers’ lives.

Rethinking AML for the digital age

The potential of this new world is well understood – personalised services, faster response times, instant payments – to name a few, available in real-time, around the clock.

Despite this potential, the speed of digital adoption by customers and accelerated digitalisation across financial services in response to COVID-19, has helped create a rapidly

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Damning report into EY audit of Wirecard fraud released

spike 2 days ago

An independent report by Rödl & Partner has been released. The aim of the report was to investigate any shortcoming by accounting firm EY into the now infamous Wirecard scandal.

Damning report into EY audit of Wirecard fraud

The Big Four firm is said to have failed to spot fraud risk indicators, did not fully implement professional guidelines and, on key questions, relied on verbal assurances from executives.

The report, filed to the Bundestag late this week, will significantly increase the woes of the accountancy firm. EY is already facing lawsuits from Wirecard shareholders and creditors and lost a number

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