Editor's News

86% of financial services firms intend to increase the time and resources they spend on cybersecurity in the next year, according to new research from Duff & Phelps, the premier valuation and corporate finance advisor. The survey of nearly 200 senior financial services professionals shows that firms are preparing to implement more stringent cybersecurity measures in response to increasing regulatory scrutiny and growing pressure to protect investor information. Duff & Phelps found that two thirds...

Imperva, Inc., have announced the results of a survey of 170 security professionals taken at RSA 2017, the world’s largest security conference, exploring their experiences with ransomware. Thirty-two percent of respondents said their company had been infected with ransomware with 11 percent taking longer than a week to regain access to their systems after an attack. According to CNN, in 2016, the FBI estimated that ransomware would be a $1 billion a year crime. More...

One Identity, a proven leader in helping organisations get identity and access management (IAM) right, today announced a series of corporate milestones and record achievements, headlined by recognising nearly a quarter billion dollars in bookings during the recently concluded fiscal year. A newly focused business operating within Quest Software, One Identity’s phenomenal growth is due to the increased reliance of customers and partners on the company’s continued commitment to customer success and solution innovation. Having...

The use of patterns or shapes in place of passwords is set to displace the hacker's favourite - the old-fashioned vulnerable fixed ID code which can so easily be captured and re-used - according to the two British inventors behind ShayypeTM. Shayype is many times more secure than passwords, gives users new hacker-resistant login codes every time, yet is far easier to recall and use than passwords. Already one UK firm - leading insurance quotation...

Airbus and SITA have launched new Security Operations Center Services which will provide airlines, airports and other air transport industry stakeholders with information about unusual cyber activity that may impact their businesses. With the development of sophisticated cyber attacks affecting a number of industries, there has been an increased demand for cybersecurity within the aviation sector. SITA’s Airline IT Trends Survey 2016 supports this as 91% of airlines plan to invest in cybersecurity programs over...

Today the prpl Foundation and EEMBC announced a formal partnership to advance the use of security-by-separation in Internet of Things (IoT) edge devices. By developing an industry-standard hypervisor benchmark, the collaboration aims to shatter the perception that the use of hardware virtualization in low-power embedded devices comes with big performance and energy overheads. prpl is a community driven, non-profit organization with a focus on enabling the security and interoperability of embedded devices for the IoT...

The average British worker spends as many as 120 hours per year using their smartphones in the workplace, according to research. Research of 2,012 UK adults carried out by gadgets and technology etailer, LaptopsDirect.co.uk, has revealed more than three quarters 84% admit to using their smartphones during working hours. 78% regularly respond to text messages during working hours, and 59% regularly take personal phone calls whilst working. 52% admit to answering instant messages via platforms...

Early this year, Gemalto conducted a global survey which concluded that 66% of companies wouldn’t work with companies that had been breached. This could be a huge blow for any company to face this reality; however, if and when the worst happens, you need to be prepared to deal with the fallout. This session will see panellists explore the worst and best case scenarios and how to deal with internal and external company stakeholders, including...

With connected devices from kettles and refrigerators to heating and cooling and fitness tracking devices, IoT has certainly taken the consumer world by storm. But what does all of this hype mean for businesses? This discussion will delve into the impact IoT is having on the corporate world and what inadvertent risks organisations might suffer as a result. It will also leave attendees with crucial advice they can take away when dealing with or setting...

The number of payment cards compromised at U.S. ATMs and merchants monitored by FICO rose 70 percent in 2016, Silicon Valley analytic software firm FICO reported today. The number of hacked card readers at U.S. ATMs, restaurants and merchants rose 30 percent in 2016. The number of compromises recorded in 2016 set a new high for the FICO® Card Alert Service, which monitors hundreds of thousands of ATMs and other readers in the US. This...