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Tag Archives: Cyber

The Need for Effective Third-Party Risk Management in Financial Services

Tom Turner, CEO,
BitSight

In the last few years we have seen the frequency and severity of third-party cyberattacks against global financial institutions continue to increase. One of the biggest reported attacks against financial organisations occurred in early 2016, when $81 million was taken from accounts at Bangladesh Bank. Unknown hackers used SWIFT credentials of Bangladesh Central Bank employees to send more than three ... Read More »

Protecting Data in the Era of IoT

Christoph Ruef, General Manager, Americas Printing Business,
HP Inc.

The use and adoption of IoT devices is continuing to grow at break-neck speed. In fact, IHS Markit recently predicted that the number of IoT devices will balloon to 125 billion by 2030. Clearly, the advantages of IoT devices are well-understood: they are more capable, more efficient, and more reliable than their predecessors. But as IoT devices flood the office ... Read More »

Iron Rain: What Defines a Cyber Insurgency?

Tom Kellermann, Chief Cybersecurity Officer, and Rick McElroy, Security Strategist,
Carbon Black

“A fool pulls the leaves. A brute chops the trunk. A sage digs the roots.” – Pierce Brown   The western world is currently grappling with a cyber insurgency.  The widespread adoption of the “kill-chain” coupled with the use of memory resident malware has fueled the cyber-attack wild fire.  The security architectures mandated by regulators and standard bodies are collapsing. History ... Read More »

A First Look at the North Korean Malware Family Tree

Security researchers have analyzed malware samples from threat actors associated with North Korea and discovered connections with tools from older unattributed campaigns. The research is spread over several months and connects a diverse range of operations from cyberespionage to financially-motivated campaigns. The campaigns analyzed by the researchers and a timeline of their release can be shown below. View Full Story ORIGINAL SOURCE: ... Read More »

Education secretary urges tech industry to transform classrooms

Education secretary Damian Hinds has called upon large technology firms to use tech to tackle some of the biggest issues in schools Damian Hinds, the UK’s education secretary, has urged the technology industry to help schools overcome common issues in the classroom. Although schools, universities and colleges choose the technology tools best suited to their needs and budgets, they are ... Read More »

Under half of firms use vulnerability assessments

Less than half of organisations base their cyber defences on strategic vulnerability assessments, and a third of these do the bare minimum to meet compliance requirements, a study shows A study of 2,100 organisations reveals a global divide in how organisations assess cyber risk, with less than half using strategicvulnerability assessments. View Full Story ORIGINAL SOURCE: Computer Weekly Read More »

AWS does a guff in a bucket and exposes GoDaddy’s dirty laundry

GODADDY CUSTOMERS have been the victim of another big data leak, this time from the big-enough-to-know-better Amazon Web Services (AWS). Engadget reports that a new discovery from security analysts UpGuard shows that during June, 31,000 GoDaddy systems were left in multiple versions in a completely unsecured AWS S3 bucket. View Full Story ORIGINAL SOURCE: The Inquirer Read More »

Crims hacked accounts, got phones, resold them – and the Feds reckon they’ve nabbed ’em

A dozen people have been indicted in America for allegedly fencing more than $1m in smartphones and other kit obtained via hacking and fraud. Geoffrey Berman, the US Attorney for the Southern District of New York, and Angel Melendez, the Special Agent in charge of the New York Office of the US Immigration and Customs Enforcement’s Homeland Security Investigations unit, ... Read More »

This Guy Hacked Hundreds Of Planes From The Ground

Throughout November and December last year, Ruben Santamarta was sat in front of his computer peeking inside the technical bowels of hundreds of aircraft flying thousands of meters above him. That included commercial aircraft operated by some of the biggest airlines in the world. He believes it may’ve been the first time anyone had hacked planes from the ground by ... Read More »

DanaBot Malware Spear Phishes Enterprise Players Through FTP Links

The phishing emails masquerade as invoices in order to appear legitimate. Researchers have warned enterprise players of a new digital threat: Danabot, malware at the heart of a new phishing campaign specifically targeting SMBs. Enterprise players, from the largest and most well-known companies to SMBs, are under constant threat of cyberattack. The valuable corporate and customer data they act as ... Read More »