InfoSecBulletin Cybersecurity for mankind
The Reserve Bank of India fined Visa 24.1 million rupees (nearly $288,000) for using an unauthorized payment transfer system. The central bank made this announcement on Friday (July 26).
“It was discovered that the entity (Visa) had implemented a payment authentication solution without regulatory clearance from the RBI,” the central bank said in a statement, without providing any specifics on the violation.
“Forces Penpals” exposed US and UK Military Social Network’s 1 Million Records
By infosecbulletin
/ Thursday , November 21 2024
Renowned cybersecurity researcher Jeremiah Fowler uncovered a non-password-protected database having over 1.1 million records linked to Conduitor Limited (Forces Penpals)....
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CVE-2024-51503
Trend Micro released updates for Deep Security Agent RCE
By infosecbulletin
/ Wednesday , November 20 2024
Trend Micro released a security update for Deep Security 20 Agent Manual Scan Command Injection RCE Vulnerability (CVE-2024-51503) that resolves...
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Apple Releases Patch for two Actively Exploited Zero-Day
By infosecbulletin
/ Wednesday , November 20 2024
Apple released critical updates for its various products including for iOS, iPadOS, macOS, visionOS, and Safari to fix two zero-day...
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Maxar Space Data Leak, Company admit, Investigation ongoing!
By infosecbulletin
/ Tuesday , November 19 2024
Maxar Space Systems has verified a major data breach that exposed particular information of current and former workers. The breach...
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GitHub CLI Vulnerability Could Allow RCE
By infosecbulletin
/ Tuesday , November 19 2024
A security vulnerability (CVE-2024-52308) in the GitHub Command Line Interface (CLI) could allow remote code execution on users' devices. With...
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“Sarcoma” ransomware group
Hacker to disclose “Popular Life Insurance” 36 GB of stolen data
By infosecbulletin
/ Tuesday , November 19 2024
“Sarcoma” ransomware group attacked a well known Bangladeshi insurance company named "Popular life insurance company ltd". The threat actor keeps...
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BugHunt 2024: A Milestone Cyber security Competition held at Dhaka
By infosecbulletin
/ Monday , November 18 2024
Bug Hunt 2024, one of the largest cyber security competitions and conferences in Bangladesh, was successfully held at the ICT...
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TP-Link DHCP Vulnerability Allow Attackers Takeover Routers Remotely
By infosecbulletin
/ Saturday , November 16 2024
A serious security flaw has been found in some TP-Link routers, potentially enabling hackers to remotely access the affected devices.The...
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WSJ reports
T-Mobile hacked in massive breach of telecom networks
By infosecbulletin
/ Saturday , November 16 2024
The Wall Street Journal reported on Friday citing people familiar with the matter that T-Mobile’s network was among the systems...
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Palo Alto Networks Confirms critical RCE zero-day actively exploited
By infosecbulletin
/ Friday , November 15 2024
"Palo Alto Networks has observed threat activity exploiting an unauthenticated remote command execution vulnerability against a limited number of firewall...
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The statement further read, “We duly acknowledge the RBI order and remain committed to following RBI guidelines and regulations to continue providing safe and secure payment solutions in India.”
According to Reuters, the RBI ordered the credit card business in February to stop using an unauthorized method for specific commercial payments.
In February, Visa and Mastercard were reported to have paused intermediate commercial card payments in India following an RBI directive. The central bank instructed the companies to halt domestic transactions for business payment solution providers (BPSPs).
“Visa received a communication from the RBI on February 8, in what appears to be an industry-wide request for information on the role of business payment solution providers (BPSPs) in commercial and business payments,” a Visa India spokesperson told Reuters at the time.
PayU, a digital financial services provider, got approval from the RBI to operate as a payments aggregator. This means PayU can now onboard new merchants. PayU Payments offers digital payment solutions designed for the Indian market, catering to eCommerce brands, banks, and consumers.
