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While holiday scams dominant the cyberthreat news, the reality is the financial community is constantly probed for weaknesses in their security landscape such as through logic bombs and supposedly padlocked sites.

Clifton, N.J.- based cybersecurity firm Comodo in a blog warned about logic bomb, which refers to the malware (also called slag code), which gets activated by a response to an event. For example, firing up an application or when a specific date/time is reached.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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