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Think Twice before Clicking Casually! A set of Precautions to avoid Cyber Fraud in Card Transaction

To secure the POS system, any Wi-Fi systems should be password-protected, and each Internet connection with a firewall

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New Delhi, November 18, 2016: With a spurt in card transaction after demonetisation in India, Russia-based software security company Kaspersky Lab has asked people to remain vigilant, listing a set of precautions to avoid any cyber fraud.

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Attacks on point-of-sale (POS) systems have been growing over the past few years, as physical POS contains the all-important information found on the magnetic strip of a credit card, meaning it can be cloned and used for fraudulent purchases.

“Make sure your employees think twice about their behavior around your POS systems and ensure that they understand that casually clicking on social media links and email attachments in the workplace, especially on any POS-equipped machines, is unacceptable,” suggested Altaf Halde, Managing Director, Kaspersky Lab (South Asia).

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Halde advised that once a POS system is installed, password should be changed from the default system and ensure that each employee has their own login to the machine, so that individual passwords are not shared.

“These passwords are changed regularly. If an employee ceases to work for the business, make sure their password is removed from the system,” Halde added.

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To secure the POS system, any Wi-Fi systems should be password-protected, and each Internet connection with a firewall.

Halde also recommended encrypting sensitive payment data of customers. (IANS)

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Twitter bans Russia-based Kaspersky Lab from buying ads

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Live News Events on Your Twitter Timeline, Notifications. Pixabay

Twitter has banned Russia-based cyber security firm Kaspersky Lab from advertising on its platform, stating that the company “operates using a business model that inherently conflicts with acceptable Twitter Ads business practices.”

In an open letter to Twitter CEO Jack Dorsey, Kaspersky Lab’s Founder Eugene Kaspersky has termed the move as “potential political censorship”.

Twitter icon.
Twitter bans ads. Pixabay

“At the end of January, Twitter unexpectedly informed us about an advertising ban on our official accounts where we announce new posts on our various blogs on cybersecurity (including, for example, Securelist and Kaspersky Daily) and inform users about new cyberthreats and what to do about them,” Eugene wrote on Friday.

“In a short letter from an unnamed Twitter employee, we were told that our company ‘operates using a business model that inherently conflicts with acceptable Twitter Ads business practices,'” he added.

Kaspersky Lab spent around $93,000 to promote its content on Twitter in 2017 and its India advertising share on Twitter was around $13,580.

“No matter how this situation develops, we won’t be doing any more advertising on Twitter this year. “The whole of the planned Twitter advertising budget for 2018 will instead be donated to the @EFF. They do a lot to fight censorship online,” Eugene tweeted on Saturday.

According to a report in Cyberscoop, a Twitter spokesperson pointed towards the September 2017 decree from US Department of Homeland Security (DHS) that ordered federal agencies to remove Kaspersky products from their networks.

Also Read: New algorithm may help locate fake Facebook and Twitter accounts

“Kaspersky Lab may remain an organic user on our platform, in accordance with the Twitter Rules,” a Twitter spokesperson told The Register. “Twitter is playing into the hands of cybercriminals when it hinders the delivery of important information on protection from cyberthreats,” Eugene said.

“The majority of our promoted content on Twitter has been about cybersafety and research and reports about the information security industry. We believe that this content brings value to a variety of Twitter users.”

“Twitter, if this is a matter of a decision being made in error, please openly admit this; people’d forgive you – everyone makes mistakes! I think that would be the only civilized way to quash any doubts about potential political censorship on Twitter,” Eugene said.

Twitter to soon release Snapchat like feature. VOA
Fake accounts on Twitter are many. VOA

The Kaspersky Lab founder said that more than two months have passed and the only reply he received from Twitter was the copy of the same boilerplate text.

“Accordingly, I’m forced to rely on another (less subtle but nevertheless oft and loudly declared) principle of Twitter’s – speaking truth to power – to share details of the matter with interested users and to publicly ask that you, dear Twitter executives, kindly be specific as to the reasoning behind this ban,” he said. IANS