Thursday , 21 June 2018
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EDITOR’S NEWS

Positive Technologies investigation: Cobalt-like attacks continue

In mid-May 2018, the Expert Security Center (ESC) at Positive Technologies detected a phishing campaign directed at the financial sector. A number of signs suggest that the Cobalt group or its past participants continue to operate.[1] The first investigation of Cobalt was performed by Positive Technologies in 2016: in a single night, the group stole the equivalent of over $32,000 ... Read More »

Over half of businesses predict a serious security breach within the next year

Research released today by Callcredit Information Group, ahead of its annual Fraud Summit in June, reveals that over half (59%) of businesses predict a serious fraud incident or security breach within the next year if they continue with their current technology, processes and tools. In addition, a further 17% of those surveyed revealed that this is something they have already ... Read More »

Research reveals lack of expert staff and budgetary constraints are primary reasons for non-compliance with GDPR

Alert Logic, the leading provider of Security-as-a-Service solutions, today announced data from Crowd Research Partners’ 2018 GDPR Compliance Report that shows only seven percent of companies were on track to achieve European Union General Data Protection Regulation (GDPR) compliance by the May 25, 2018 deadline, with the majority citing lack of expert staff for their failure to comply with the newly-implemented regulation. The study ... Read More »

Okta Eliminates Passwords, Backed by New Okta ThreatInsight

Okta, Inc., the leading independent provider of identity for the enterprise, today announced that organisations can replace passwords with stronger authentication for employees, partners, and customers with the launch of Okta’s new contextual access management features. By combining signals such as device, location, and network context, with threat intel from across Okta’s ecosystem through Okta’s new ThreatInsight functionality, organisations will ... Read More »

CensorNet research: almost half of UK employees put companies at risk through online activities

CensorNet has announced its research into the application and internet habits of 1000 UK adults, through personal data and insights platform CitizenMe. The survey found that 46 percent were guilty of at least one of the following bad practices, that could potentially put company data or the work network at great risk:   22 percent have shared work documents over chat ... Read More »

‘Bring your own device’ linked with cybersecurity risk for six in 10 UK SMEs – a week before GDPR

With a week until GDPR hits, new research from Paymentsense  (https://www.paymentsense.co.uk) reveals a correlation between ‘bring your own device’ (BYOD) schemes and increased cybersecurity risk in small businesses. Six in 10 (61%) SMEs have experienced a cybersecurity incident since introducing a BYOD policy, according to the study from the merchant services provider*.   Increasingly popular, BYOD policies see employees using ... Read More »

Beware the Black Axe Gang: Business Email Compromise Campaigns Observed in 2017

Over the past 12 months, CrowdStrike, the leader in cloud-delivered endpoint protection, has typically observed two different types of Business Email Compromise (BEC) scams: Wire transfer attempts and compromises that have led to follow-on spam campaigns. Regarding fraudulent wire transfers, the criminals typically get caught on the initial attempt, or they get caught on the second attempt, which usually involves ... Read More »

Airports are ill-equipped to deal with a major cyber attack

PA Consulting Group’s latest research found that airports are ill-equipped to deal with a major cyber attack. The report, ‘Overcome the Silent Threat’, says that the emergence of a hyper-connected model – where passengers in airports want fast internet and digital engagement with airlines and retailers – is increasing the opportunities for cyber criminals to exploit. There are currently around ... Read More »

Rising Nation Cyber Attacks from Lebanon & the Netherlands

Optiv Security, the world’s leading security solutions integrator, has published its 2018 Cyber Threat Intelligence Estimate (CTIE) which details the current state of the cyber-threat landscape and uses estimative intelligence to predict how that landscape stands to change in the future. This report is generated to provide Optiv’s clients with a global view of security threats and trends, so they ... Read More »

RiskIQ implicates Ethereum-stealing phishing ATS in infamous Amazon hijack

RiskIQ, the global leader in digital threat management, today released a report profiling a phishing automated transfer system (ATS) dubbed MEWKit, which targets users of the Ethereum exchange MyEtherWallet and is now proven to be complicit in the infamous April 24, 2018, hijack of Amazon DNS servers. The report, named “MEWKit: Cryptotheft’s Newest Weapon,” reveals how the newly discovered attack ... Read More »