Security startups to the rescue. As we continue to ride out the pandemic, security professionals are carefully monitoring the surge of coronavirus-related cyber hazards. Just today, Google’s Danger Analysis Group, its elite hazard hunting system, states that while the overall variety of hazards stays mainly the exact same, opportunistic hackers are retooling their efforts to piggyback on coronavirus.

Some startups are laying and downsizing off personnel, but numerous cybersecurity start-ups are faring much better, thanks to an uptick in need for security defenses. As the world continues to pivot towards working from home, it has actually exploded key cybersecurity verticals in ways we never expected. To wit, identity start-ups are needed more than ever to make certain just remote workers are getting access to business systems.

Can the start-ups take on the giants at their own game?


THE BIG PHOTO

Another payments processor drops the security ball For the 3rd time this year, a payments processor has actually admitted to a security lapse. Initially it was Foundation, then it was nCourt. This time it’s Paay, a New York-based card payment processor startup that left a database on the internet vulnerable and without a password. Worse, the information was keeping complete, plaintext charge card numbers.

Anybody who knew where to look might have accessed the data. Thankfully, a security researcher discovered it and reported it to TechCrunch. We alerted the company; it quickly took the information offline, however Paay rejected that the data kept complete credit card numbers. We even sent the co-founder a part of the information revealing card numbers stored in plaintext, but he did not react to our follow-up.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.