Toyota Boshoku, a seating and interiors supplier for Toyota cars, has revealed that it was tricked into moving a large amount of money into a bank account controlled by scammers. In a statement published on its global website, Toyota Boshoku Corporation said that its European subsidiary was duped into transferring approximately four billion yen (over US $37 million) out of the business and into a bank account controlled by criminals on 14 August.

Data is regarded as the most valuable asset in today’s business world. The examples of critical data include e-commerce data, e-banking data, and Personally Identifiable Information (PII). Therefore, data security is, and data breaches have become an international concern for individuals as well as organizations. The role of the Cybersecurity Risk Management Framework (RMF) in data security is indispensable.

As technological developments have helped turn the world into a global village, they have also made it easier to steal, extract, and communicate confidential information – leading to an increased frequency of corporate espionage. Take Apple for example; despite deploying leading security measures and monitoring activities, the tech giant has had two espionage attempts in one year, foiled just as the convicts were departing the country.

We often receive questions regarding the use of frameworks with the ionCube Encoder, and one such framework is Symfony. This article covers the most significant consideration a programmer using the Symfony framework takes in order to protect their code. Symfony not only uses the doc comments but scans the source code for “use” statements. Obviously, scanning the source code is not possible with encoded files.

Artificial intelligence is one of the biggest buzzwords of the year. It seems to be a much-needed answer to many woes across various industries and inherent challenges. While many are embracing the concept, others remain skeptical about the true benefit that artificial intelligence can have in businesses. No matter what side of the fence a company is on, there are some considerations to keep in mind and common mistakes to be mindful of as you embark on your AI journey.

Britain should be prepared for a Category 1 cyber security emergency, according to the National Cyber Security Centre (NCSC). This means that national security, the economy, and even the nation’s lives will be at risk. However, despite this harsh warning, UK businesses still aren’t taking proactive and potentially preventative action to stop these attacks from happening. So just where are UK businesses going wrong and can they turn things around before it’s too late?

Does your business accept credit card payments? If that’s the case, you should read this article to find out what the challenges to the Payment Card Industry Data Security Standard (PCI DSS) are, and the current best practices to ensure that you are in compliance with this legal requirement.

For years, ransomware actors have developed new families and attack campaigns in increasing frequency and numbers. Such activity peaked in 2017 but then fell in tandem with cryptocurrency miners’ rise. This development was short-lived, however. Between Q4 2018 and Q1 2019, Malwarebytes observed a 195 percent increase in ransomware detections involving business targets. The rate was even greater compared to Q1 2018 at 500 percent.

Changing consumer demands posed a serious challenge to the IT industry; it pushed firms to brainstorm about quick product delivery. This demand eventually gave rise to the demand for collaboration between Development (Dev) and Operations (Ops) teams, welcoming the DevOps trend. As a result, everything started progressing well with increased development, enhanced collaboration, advanced testing, high productivity and minimized time to market.

Nowadays, most of the IT systems use file-based architectures to store and process information. In addition, the critical applications such as operating systems, application binaries, configuration data of systems and applications, organization’s sensitive data, logs, and data which is pertinent to security events are stored in files. If any of these files is compromised, the financial and reputational damage occur to organizations.