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Editor's News

Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, announces that CREST has accredited Kroll as a global CREST Penetration Testing service provider. This accreditation affirms Kroll’s expertise and authority to conduct penetration testing for clients around the world and helps provide assurance to organisations regarding the strength of their cyber resilience.   CREST was set up in 2006 in response to...

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RiskIQ, the global leader in digital risk management, today revealed that its researchers traced the breach of 380,000 sets of payment information belonging to customers of British Airways to Magecart, the credit-card skimming group made infamous for its July breach of Ticketmaster. Because the attack was reported by British Airways to be web-based and targeting credit card data, RiskIQ researchers strongly suspected Magecart was behind it. Leveraging the company's global web-crawling network, which maintains a...

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Cyber security training facility Crucial Academy has released the 2018 Cyber Security City Ranking, revealing the best cities for cyber security professionals, with Reading, Leeds and Cardiff topping the table. Analysing four factors, including salary, affordability, job availability and tech sector growth potential, the ranking sought to uncover which cities may be most attractive to those already working in or considering cyber security as a career path. Reading in Berkshire, home to a wide variety...

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The Kaspersky Lab Global Research and Analysis Team (GReAT) has discovered several infections from a previously unknown Trojan, which is most likely related to the infamous Chinese-speaking threat actor – LuckyMouse. The most peculiar trait of this malware is its hand-picked driver, signed with a legitimate digital certificate, which has been issued by a company developing information security-related software. The LuckyMouse group is known for highly targeted cyberattacks on large entities around the world. The...

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Cybersecurity Robustness

A majority of executives around the world feel they face a “specialist-generalist” dilemma as to whom leads on cyber resiliency due to its critical nature across the company, but also the recognition that specialization is necessary. This is according to the results of a global survey conducted by The Economist Intelligence Unit (EIU) and sponsored by Willis Towers Watson. The EIU surveyed over 450 companies across the globe about their strategies and the challenges they...

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New data privacy laws in Europe and California — not to mention the resulting flurry of updated privacy policy notifications landing in our inboxes —  have put privacy matters in the spotlight. But the circumstances that have precipitated this highlight a worrying trend: customers are concerned about not just the vulnerability of their personal information, but also how companies handle and use it.   According to the new Trends in Customer Trust report by Salesforce...

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cyber risk

While the days of the average person being distrustful of carrying out any kind of financial transaction online are long gone, there are still certain obstacles to overcome, despite ecommerce and online business continuing to grow. Digital transactions have become more sophisticated, more secure, but one kind of digital transaction is lagging behind: online banking. And cyber criminals are aware of this fact. More than three quarters of companies (78%) were targets of payment fraud...

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Trend Micro Incorporated, a global leader in cybersecurity solutions, today revealed that organizations around the world are exposing themselves to unnecessary cyber risk by failing to give IT security teams a voice when planning Internet of Things (IoT) project deployments in enterprise environments. A survey of 1,150 IT and security decision makers in Germany, France, Japan, the UK and US revealed that 79 percent involve the IT department in choosing industrial IoT solutions, but only...

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An increased focus on compliance risks detracting businesses from making investments to protect their organisation against fraud, according to new research by TransUnion (formerly Callcredit). The research, part of which forms the Fraud Fortress report, revealed that compliance is the area most commonly expected to drive increased expenditure (64%), potentially at the expense of prevention or detection. Whilst fraud leaders are also reporting increases in anti-fraud expenditure, as a result of investments in biometric technologies...

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phishing

Findings from F5 Labs’ Lessons Learned from a Decade of Data Breaches report has shed light on the global proliferation of phishing, providing clear insights on why the technique is fast becoming cybercriminals’ easiest and most productive attack vector. The threat intelligence reveals that phishing is responsible for almost half of breached records by root cause (48%). This is followed by credential stuffing (18%), the automated result of phishing and other attacks collecting identity data,...

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