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TOP 10 STORIES

Bankers Are Hiring Cyber-Security Experts to Help Get Deals Done

Companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. That’s prompting offers specifically tailored to takeovers by a variety of players, from consultants like Deloitte LLP to software providers including Intralinks Holdings Inc. View Full Story ORIGINAL SOURCE: Bloomberg Read More »

Japan sees surge in demand for cyber insurance as attacks increase

There has been a sharp increase in the number of policyholders – mainly companies – taking out cyber insurance, which compensates losses caused by cyber attacks. The number of victims whose personal information was stolen last year from companies and other entities rose by more than 10 million from the previous year. The estimated compensation paid by the affected companies ... Read More »

Cyber security set to dominate at ‘Five Eyes’ meeting in Canada

Thwarting the encryption of terrorist messaging is priority number one between the so-called ‘Five Eyes’ intelligence alliance. The alliance, which comprises of Australia, Canada, New Zealand, the United Kingdom, and the United States, will meet in the Canadian capital of Ottawa on Tuesday. View Full Story ORIGINAL SOURCE: SBS Read More »

UK electricity grid cyber-attack risk is ‘off the scale’

Concerns over the threat posed by cyber-attacks on power stations and electricity grids is “off the scale” in the UK energy sector, according to a leading industry figure. No other country in the world has an energy industry as worried about the risk from cyber threats, such as the WannaCry ransomware attack that recently hit the NHS, the former chief ... Read More »

Parliament cyber-attack ‘hit up to 90 users’

Up to 90 email accounts were compromised during the cyber-attack on Parliament on Friday. Fewer than 1% of the 9,000 users of the IT system were impacted by the hacking, said a parliamentary spokesman. The hack prompted officials to disable remote access to the emails of MPs, peers and their staff as a safeguard. View full story ORIGINAL SOURCE: BBC Read More »

Westfield CIO: Data And Personalisation Are Key To Shopping Centre Survival

Shopping is fast becoming an online activity, but Westfield has a plan to keep consumers coming back to its two London facilities. View Full Story  ORIGINAL SOURCE: Silicon UK Read More »

Fraudster Made £100K from Online Banking Bug

An online fraudster has been jailed after pocketing nearly £100,000 by exploiting a glitch in his online banking platform. View Full Story  ORIGINAL SOURCE: Info Security Magazine Read More »

Variant of Marcher Android malware poses as Flash Player update

Developers of the Android banking malware Marcher are now disguising the trojan as an Adobe Flash Player update, the cloud security company Zscaler has reported in a Thursday blog post.   View Full story  ORIGINAL SOURCE: SC Magazine Read More »

Blockchain: Helping secure digital identities

Blockchain allows individuals, independent of each other, to rely on the same shared, secure and auditable source of information for managing identity. View Full Story  ORIGINAL SOURCE: Information Age Read More »

RIG Exploit Kit Usage Declines as Browsers Are Getting Harder to Hack

Another major exploit kit (EK) looks like it’s heading for the EK graveyard as activity from the RIG EK has fallen to less than 25% of what the exploit kit used to handle three months ago, in March 2017. View Full Story ORIGINAL SOURCE: Bleeping Computer Read More »