Editor's News

Banking customers transferred £240m to fraudsters last year as the sophistication of attacks increases. Banks, which are currently refunding a quarter of this figure to customers, are facing a bigger hit as the Financial Ombudsman has told them not to assume this fraud is due to customer negligence. To avoid an increasing bill, fraud experts Intelenet Global Services® say that banks can make use of technologies such as machine learning and predictive analytics which identify...

Security Serious Week, as part of European Cyber Security Awareness month in October, has gathered IT security professionals to work together non-gratis to help make the UK safer place to do business online. On the 1st October, the first day of Security Serious Week, representatives from industry and government will come together in London to share their best tips on how businesses can be smarter about cyber security. The “flash mob” will take place outside...

A massive privacy breach occurred in April 2018 when Cambridge Analytica obtained information belonging to 87 million people because users unwittingly allowed Facebook to share their own and friends' data with a personality test app. Cambridge Analytica was roasted by the media. But there is a less reported side to data sharing when companies - retailers, travel sites, banks, media and a plethora of apps - invite people to take the oh-so-simple and hassle-free step...

Kaspersky Lab experts detected the activity of infamous Asacub mobile banker over the past year has held the leading position (38%) among all mobile banking Trojans. More detailed information can be found in the first of a special Kaspersky Lab series on the most active banking Trojans. The reason behind Asacub’s continued sustainability lies in the fact that the domains of its command server change, and there are disposable phishing links for downloading the Trojan....

McAfee, the device-to-cloud cybersecurity company, announces findings from its new study, The Age of Consent. The study discovered that 20% of UK parents share at least one video or photo of their children on social media a day, resulting in approximately 1.3 billion images of children under the age of 16 floating around on social media a year – showing the extent of child exposure on the web. Most parents recognise the concerns associated with...

Skybox® Security, a global leader in cybersecurity management, has released the results of a global survey conducted by Osterman Research, Understanding Security Processes and the Need to Automate. The survey, which includes responses from 465 senior security leaders at large enterprises in the U.S., EMEA and APAC,* reveals trends in the use of security automation, as well as artificial intelligence (AI) and machine learning (ML). Survey questions focused on workflows in firewall and security policy management...

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources. Crypto-jacking attempts are making the biggest impact so far this year. Trend Micro recorded a 96 percent increase in cryptocurrency mining detections in 1H 2018 compared to all of 2017, and a 956...

Research published today by in-memory analytics database vendor Exasol reveals that dark data remains a fundamental challenge for businesses trying to evolve from business intelligence (BI) to data analytics. Findings show that 82% of organisations do not know where their critical data is located.   The Moving the Enterprise to Data Analytics study, conducted for Exasol by respected research firm Vanson Bourne, looked at how and why organisations in the UK and Germany are transforming...

Druva, the leader in cloud data protection and management, today announced the results of its 2018 State of Virtualization in the Cloud survey to understand how enterprises working in virtual environments are approaching cloud migration. The results show cloud adoption is growing for virtualized workloads, with 90 percent of respondents running, or planning to run, virtual machines (VMs) in the cloud in 2018. The survey also highlights significant risk associated with this journey, as organizations...

Numerous studies focus on aspects of cybercrime aftermath, such as a company’s lost reputation or its struggles to obtain future clients after incidents. However, Malwarebytes commissioned Osterman Research to determine the direct costs of cybercrime associated with three areas: the costs of major event remediation, expenses for security budgets and cybercrime caused by so-called “gray hats.” The rest of this piece not only reveals the growing prominence of gray hats but, primarily, how common it...