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SecurityTrendMicro

How to Manage Your Privacy On and Off Facebook

Credit to Author: Trend Micro| Date: Tue, 11 Feb 2020 14:05:29 +0000

Social media has come a long way in a short space of time. In a little over a decade, it’s grown from being the preserve of a relatively small group of online enthusiasts to one of the defining trends of 21st century life. As the undisputed global leader in this field, Facebook now boasts nearly…

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ComputerWorldIndependent

Why the Fed is considering a cash-backed cryptocurrency

Credit to Author: Lucas Mearian| Date: Tue, 11 Feb 2020 03:00:00 -0800

The Federal Reserve is investigating the potential of a central bank digital currency (CBDC) as the backbone for a new, secure real-time payments and settlements system.

The move toward a form of government-backed digital currency is being driven by Fintech firms and a banking industry already piloting or planning to pilot cash-backed digital tokens, according to Lael Brainard, a member of the U.S. Federal Reserve’s Board of Governors.

“Today, it can take a few days to get access to your funds. A real-time retail payments infrastructure would ensure the funds are available immediately – to pay utility bills or split the rent with roommates, or for small business owners to pay their suppliers,” said Brainard, who serves as chair of the committees overseeing Financial Stability and Payments, Clearing and Settlements.

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MalwareBytesSecurity

Malwarebytes Labs releases 2020 State of Malware Report

Credit to Author: Malwarebytes Labs| Date: Tue, 11 Feb 2020 08:01:00 +0000

The 2020 State of Malware Report reveals how cybercriminals upped the ante on businesses, Mac threats outpaced PCs, and ransomware continued its targeted, deadly assault with new families in 2019. Learn all this and more in the full report, linked in our blog.

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IndependentKrebs

U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Credit to Author: BrianKrebs| Date: Tue, 11 Feb 2020 03:25:52 +0000

The U.S. Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans. DOJ officials said the four men were responsible for carrying out the largest theft of sensitive personal information by state-sponsored hackers ever recorded. 

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