Subject: SCN Daily News (HTML) Tuesday, 02 July 2019
Date: 02/07/2019, 12:37

Smart Card News Online

Tuesday, 02 July 2019

Former Equifax Executive Sent Behind Bars for Insider Trades, Profiting on Data Breach

A former Chief Information Officer (CIO) of Equifax has been issued a prison sentence for insider trading on the firm's disastrous data breach before the incident became public knowledge.

Link: ZDNet

Cloud Service Provider, 'PCM' Fell Victim to a Data Breach Aimed, to Collect Gift Cards

More than 2,000 customers of the prominent cloud solution provider, PCM Inc., has had their data comprised in a data breach that the company suffered that tech experts are noting to appear to be an effort to collect gift card information from the victims.

The intrusion, discovered mid-May, was able to exploit the company's system and stole administrative credentials that PCM uses to manage client accounts within Office 365, a cloud-based file and email sharing service from Microsoft.

Link: Z6 Mag

Hackers Strike Again by Hiding Malware in a Fake Trading App to Steal User's Crypto

Security examiners have discovered a knock-off crypto currency trading website programmed to steal the monies of unsuspecting victims.

Link: TUNF

Concerns Raised Over Medical IoT Hacks

Concerns about the security of medical IoT (Internet of Things) devices have been raised before. Earlier this year, a white hat hacker warned that medical device manufacturers were not paying enough attention to security issues.

Link: DigitalTrends

Data Management Firm Exposed Client Info on Open Amazon S3 Buckets

Data from Netflix, TD Bank, Ford and other companies was left exposed for an unknown period of time on publicly configured cloud storage buckets operated by data integration and management company Attunity, according to the research team that discovered the error.

Link: SC Magazine

Will Passports Become a Thing of The Past with Biometrics?

Recently we heard from Australian Business Traveller that Emirates is planning to trial the use of biometrics as a method of passenger identity verification for flights. The trial will be taking place on select flights between Australia and London later this year, with automated facial recognition taking the place of document checks everywhere. Could this be the beginning of the end for physical passports?

Link: Simple Flying

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