CYBERSECURITY

The City of Richardson in Dallas said it recently experienced a major cyber attack that forced city officials to take its network offline to minimise the impact of the attack. In a data security incident notice posted on its official website, the City said that in the early hours of September 25, an unauthorised third party gained access to its internal network and encrypted certain files. The City’s automated security systems immediately responded to the incident and contained the unauthorised access. City officials said an investigation has been launched, with...

By Oystein Bergmann, Bureau Chief, Scandinavia Ericsson and a leading provider of Anti-Money Laundering (AML) and Fraud Management Solutions (FMS), INFORM, are collaborating to explore ways of enhancing financial services security. By combining Ericsson expertise with INFORM’s advanced AML and FMS capabilities, the companies aim to support Ericsson’s global customer base - including Communication Service Providers (CSPs) and enterprises such as banks and fintech (financial technology) companies -  to mitigate financial risks, detect and prevent fraud, and secure  ecosystems. The collaboration represents a significant evolution of Ericsson’s Mobile Financial Services...

Providence, Rhode Island-based Johnson & Wales University said it experienced a data security incident in July that compromised the sensitive personal information of more than 20,000 individuals. In a filing with the Office of Maine Attorney General, Johnson & Wales University said that on July 11, it identified unauthorised activities in its internal network and immediately launched an investigation, with assistance from external cyber security experts, to determine the nature and scope of the incident. “On August 21, 2024, JWU learned that personal information related to certain individuals may have...