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As threats proliferate, so do new tools for protecting medical devices and hospitals

sudshr47 February 6, 2019

Six months after an episode of “Homeland” showed hackers exploiting security vulnerabilities in the (fictional) Vice President’s pacemaker, Mike Kijewski, the founder of a new startup security company called Medcrypt, was approached by his (then) employers at Varian Medical Systems with a unique problem. “A hospital came to the company and said we are treating […]

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Most of the Fortune 100 still use flawed software that led to the Equifax breach

sudshr47 January 29, 2019

Almost two years after Equifax’s massive hack, the majority of Fortune 500 companies still aren’t learning the lessons of using vulnerable software. In the last six months of 2018, two-thirds of the Fortune 500 companies downloaded a vulnerable version of Apache Struts, the same vulnerable server software that was used by hackers to steal the […]

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Equifax, Western Union, Priceline settle with New York attorney general over insecure mobile apps

sudshr47 December 18, 2018

New York’s attorney general has settled with five tech and financial giants, requiring each company to implement basic security on their mobile apps. The settlements force Credit Sesame, Equifax (yes, that Equifax), Priceline, Spark Networks and Western Union to ensure data sent between the app and their servers are encrypted. Specifically, the attorney general said […]

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Experian leads $10M investment in Southeast Asia fintech startup Jirnexu

sudshr47 December 5, 2018

Consumer credit giant Experian is continuing to back Asian fintech startups after it led a $10 million investment in Southeast Asia’s Jirnexu . Jirnexu, which is headquartered in Kuala Lumpur, operates financial comparison services in Malaysia and Indonesia. Those services aggregate offerings and deals from banks and financial services companies, effectively acting as a user acquisition […]

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Equifax slapped with UK’s maximum penalty over 2017 data breach

sudshr47 September 20, 2018

Credit rating giant Equifax has been issued with the maximum possible penalty by the UK’s data protection agency for last year’s massive data breach. Albeit, the fine is only £500,000 because the loss of customer data occurred when the UK’s prior privacy regime was in force — rather than the tough new data protection law, […]

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Alibaba’s Ant Financial denies stealing from Equifax

sudshr47 September 13, 2018

Ant Financial has denied claims that it covertly raided Equifax — the U.S. credit firm that was hit by a hack last year — to grab information, including code, confidential data and documents to help recruit staff for its own credit scoring service. The Alibaba affiliate, which is valued at over $100 billion, launched Sesame […]

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Experian leads $28M investment in Southeast Asia fintech startup C88

sudshr47 July 30, 2018

Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which operates financial marketplaces that help lenders reach new audiences. C88 today announced a $28 million Series C investment round that’s led by Experian with participation from a host […]