InfoSec News Nuggets 7/15/2024

Banks in Singapore to phase out one-time passwords in 3 months The Monetary Authority of Singapore (MAS) has announced a new requirement impacting all major retail banks in the country to phase out the use of one-time passwords (OTPs) within the next three months. This initiative was agreed upon between the government and the Association of Banks in Singapore (ABS) to protect consumers against phishing and other scams. "The use of OTP was introduced in…
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InfoSec News Nuggets 10/16/2023

California AirTag Lawsuit Widened to Include Dozens More Stalking Cases Apple is facing an expanded class action lawsuit in federal court in San Francisco by more than three dozen victims allegedly terrorized by stalkers using Apple AirTags, reports ArsTechnica. The complaint targets Apple alleged negligence in allowing ‌AirTags‌ to become "one of the most dangerous and frightening technologies employed by stalkers" since they can be easily used used to determine "real-time location information to track…
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InfoSec News Nuggets 05/18/2022

Ransomware gang threatens to overthrow Costa Rica government A ransomware gang that infiltrated some Costa Rican government computer systems has upped its threat, saying its goal is now to overthrow the government. Perhaps seizing on the fact that President Rodrigo Chaves had only been in office for a week, the Russian-speaking Conti gang tried to increase the pressure to pay a ransom by raising its demand to $20 million. Chaves suggested Monday in a news…
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