The BBB warns of a rising ghost-tap scam exploiting tap-to-pay cards and mobile wallets. How attackers use NFC proximity tricks.
The post Ghost-Tap Scam Makes Payments Scarier appeared first on Security Boulevard.
Bitcoin Magazine
Italy Launches Review of Crypto Safeguards Due to Rising Risks
Italy’s Economy Ministry has ordered a detailed review of current protections against crypto risks, officials said on Thursday.
The review will focus on safeguards for both direct and indirect investments in crypto-assets by retail investors, regulators added.
The decision came during a meeting of the Committee for Macroprudential Policies. The committee includes the heads of the Bank of Italy, market watchdog Consob, insurance and pension regulators, and the Treasury’s director general, according to Reuters reporting.
Committee members warned that risks from crypto-assets could rise. Growing connections between crypto and the wider financial system, along with inconsistent international regulations, could heighten vulnerabilities, they said.
The committee said Italy’s economic and financial conditions remain generally stable. At the same time, global uncertainty continues to pose challenges for financial stability.
The review will examine how existing rules protect investors and the financial system. Officials said they aim to identify gaps and recommend measures to strengthen safeguards, per Reuters.
Italy has increasingly monitored digital assets in recent years. Authorities have raised concerns over investor protection, market integrity, and potential spillovers into the broader financial system. The new review signals a more cautious approach to crypto adoption in the country.
Last year, Italy proposed a steep tax hike on crypto trades, aiming to raise the rate on digital asset gains from 26% to 42% as part of its October budget plan.
The measure was designed to boost public finances but quickly drew criticism from the crypto industry, which warned that such an aggressive increase would damage the country’s competitiveness — especially with the EU preparing to roll out its Markets in Crypto-Assets (MiCA) framework later this year.
The government backed down from its proposal after sharp criticism from Italy’s crypto industry. Under the revised budget plan, the capital-gains tax on digital asset trades is now expected to rise to 33% starting in the 2026 financial year, per reports.
Last week, Bitizenship launched BTC Italia and The Bitcoin Dolce Visa, a Bitcoin-aligned pathway for obtaining Italy’s Investor Visa through a €250,000 startup investment.
The Milan-based venture operates as an “Innovative Startup” focused on Bitcoin Layer-2 yield generation and treasury management, giving applicants exposure to a Bitcoin-native business while staying within Italy’s regulatory framework.
The initiative comes as Italy posts strong economic performance, including record exports, a €46 billion trade surplus, stabilizing public debt, and a stock market that has doubled since 2020. With capital-market reforms on the horizon and competitive tax incentives, the country has become an increasingly attractive destination for foreign investors.
Under the program, applicants receive visa approval before committing funds. BTC Italia maintains its treasury in Bitcoin, uses non-custodial Layer-2 staking for operations, and offers redemption windows every 24 months.
This post Italy Launches Review of Crypto Safeguards Due to Rising Risks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
AI browsers introduce reasoning-based risks. Learn how cross-origin AI agents dismantle web security and what defenses are needed.
The post Convenience or Catastrophe? The Dangers of AI Browsers No One is Talking About appeared first on Security Boulevard.
Security headlines distract, but the threats keeping CISOs awake are fundamental gaps and software supply chain risks. Learn why basics and visibility matter most.
The post Sleepless in Security: What’s Actually Keeping CISOs Up at Night appeared first on Security Boulevard.
Cloud SLAs often fall short of enterprise needs. Learn how CISOs can assess, mitigate and manage SLA gaps using risk frameworks, compensating controls and multi-provider strategies.
The post How to Manage Cloud Provider Risk and SLA Gaps appeared first on Security Boulevard.
Organizations are racing to implement autonomous artificial intelligence (AI) agents across their operations, but a sweeping new study reveals they’re doing so without adequate security frameworks, creating what researchers call “the unsecured frontier of autonomous operations.” The research, released Tuesday by Enterprise Management Associates (EMA), surveyed 271 IT, security, and identity and access management (IAM)..
The post Security Gap Widens as Organizations Rush to Deploy AI Agents Without Proper Identity Controls appeared first on Security Boulevard.
AI-generated code is reshaping software development and introducing new security risks. Organizations must strengthen governance, expand testing and train developers to ensure AI-assisted coding remains secure and compliant.
The post Securing AI-Generated Code in Enterprise Applications: The New Frontier for AppSec Teams appeared first on Security Boulevard.
A hidden WebAssembly bug in Firefox exposed 180 million users to potential code execution.
The post Critical Firefox Bug Leaves 180M Users Exposed appeared first on TechRepublic.
A hidden WebAssembly bug in Firefox exposed 180 million users to potential code execution.
The post Critical Firefox Bug Leaves 180M Users Exposed appeared first on TechRepublic.
Akira ransomware is exploiting MFA push-spam, weak VPN security and identity gaps. Learn why these attacks succeed and the counter-playbook defenders must deploy now.
The post The Akira Playbook: How Ransomware Groups Are Weaponizing MFA Fatigue appeared first on Security Boulevard.
The Tea app breach highlights how weak back-end security can expose sensitive user data. Learn essential strategies for access control, data lifecycle management and third-party risk reduction.
The post Mobile App Platforms: Don’t Let Database Security Come Back to Bite You appeared first on Security Boulevard.
DoorDash has disclosed a social engineering-driven data breach exposing user contact details in four countries, raising concerns about delayed notification.
The post DoorDash Hit by Cybersecurity Breach, Millions of Users Potentially Exposed appeared first on TechRepublic.
DoorDash has disclosed a social engineering-driven data breach exposing user contact details in four countries, raising concerns about delayed notification.
The post DoorDash Hit by Cybersecurity Breach, Millions of Users Potentially Exposed appeared first on TechRepublic.
Microsoft CEO Satya Nadella’s total 2025 compensation rose nearly 22% from $79.1 million to almost $96.5 million, due mostly to the company’s booming share price boosting the value of his stock awards.
The numbers were disclosed Tuesday afternoon in the company’s annual proxy statement, along with details on Microsoft board changes, shareholder proposals raising concerns about AI risks, and a request from the board for shareholders to approve a new stock plan.
Microsoft laid off more than 15,000 employees this year — one of the most aggressive rounds of cuts in its history — citing shifting priorities and the need for efficiency amid record spending on AI infrastructure. Wall Street reacted positively to the effort to rein in operating expenses.
Much of Nadella’s total compensation — about $84.2 million — is based on the performance of the company’s stock, which has risen more than 23% in the past year, at one point pushing Microsoft’s total market value briefly past $4 trillion.
Also announced in the proxy: Microsoft’s board nominated Walmart CFO John David Rainey as a new board member, to replace Carlos Rodriguez, current chair of the compensation committee, who is not seeking re-election.
The company’s 2025 fiscal year ended June 30. In evaluating Nadella’s performance, the board cited his work leading the expansion of the company’s AI infrastructure, Microsoft Copilot adoption and new security initiatives.
His cash incentive bonus was $9.56 million, up from the $5.2 million paid in 2024, after he requested a reduction. The proxy statement said the increase reflected strong financial results (117% of target) and a high operational assessment (151.67% of target).
For the first time, security was used as one measuring stick for Microsoft executive compensation, part of an effort by the company to appease regulators and lawmakers after a series of high-profile breaches. In its review, the board focused on Nadella’s role in attempting to address these issues through the implementation of its Secure Future Initiative.
In addition, Microsoft’s board is asking shareholders to approve a 2026 Stock Plan to replace the expiring 2017 plan, requesting authorization for up to 226 million new shares that it says is needed to continue granting equity awards for attracting and retaining talent.
Nadella recently appointed veteran executive Judson Althoff as CEO of Microsoft’s commercial business, a move designed to free Nadella to focus more intensely on long-term AI strategy and technology.
Microsoft’s annual meeting, held virtually, is slated for 8:30 a.m. Dec. 5.
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