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Editor's News

Thirty percent of malware can be classified as new or zero-day because it cannot be caught by legacy antivirus solutions, according to research published today in WatchGuard’s first Quarterly Internet Security Report, which explores the latest computer and network security threats affecting SMBs and distributed enterprises. The results from Q4 2016, confirm that cyber criminals’ capability to automatically repack or morph their malware has outpaced the AV industry’s ability to keep up with new signatures....

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Payday lender Wonga announced this week it had suffered a data breach which could affect 250,000 of its customers in the UK and a further 25,000 in Poland. Information reported to have been stolen includes names, addresses, phone numbers, email addresses and bank account details. This has left those affected with a host of potential problems. With valuable private data stolen, victims are now exposed to “additional attacks, either by the initial attackers or other...

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SolarWinds, a leading provider of powerful and affordable IT management software, today revealed the findings of its SolarWinds IT Trends Report 2017: Portrait of a Hybrid IT Organisation. For 2017, SolarWinds’ annual state-of-the-industry study explores the variety of ways in which IT departments around the world are integrating the cloud, and the effect hybrid IT has had on their organisations and IT job roles. Overall, organisations in the United Kingdom (UK) are moving further into...

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safe

Thales, a leader in critical information systems, cybersecurity and data security, announces the results of its 2017 Global Encryption Trends Study. The report, based on independent research by the Ponemon Institute and sponsored by Thales, captures how organizations around the world are dealing with compliance, increased threats, and the implementation of encryption to protect their most sensitive data. The report reveals enterprises have accelerated adoption of encryption strategies, with 41 percent of respondents saying their...

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malware

Today, new research has revealed that over a third of British businesses (36 per cent) are not ‘very confident’ that efforts to completely eradicate a recent ransomware attack from work systems have been successful. The research - commissioned by Citrix and carried out by One Poll - quizzed 500 IT decision makers in companies with 250 or more employees across the UK to uncover the extent to which large British organisations are prepared for the...

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Hacker sinister threat

Kaspersky Lab has published the results of its more-than-year-long investigation into the activity of Lazarus – a notorious hacking group allegedly responsible for the theft of 81 million dollars from the Central Bank of Bangladesh in 2016.  During the forensic analysis of artefacts left by the group in South-East Asian and European banks, Kaspersky Lab has reached a deep understanding of what malicious tools the group uses and how it operates while attacking financial institutions,...

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Synack, leaders in crowd security intelligence and penetration testing, has today announced that the company has raised $21.25M in strategic investment from some of the world's leading technology companies through a Series C round of funding, led by Microsoft Ventures. “The best defense is a good offense. Businesses can only stay one step ahead of the adversary by beating them at their own game,” said Jay Kaplan, CEO and co-founder of Synack. “Bringing Microsoft Ventures, HPE...

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Kaspersky Lab and Kings College London researchers, looking for a link between a modern threat actor and the Moonlight Maze attacks that targeted the Pentagon, NASA and more in the late 1990s, have unearthed samples, logs and artefacts belonging to the ancient APT. The findings show that a backdoor used in 1998 by Moonlight Maze to tunnel information out of victim networks connects to a backdoor used by Turla in 2011 and possibly as recently...

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To combat the shortage of graduates with data science and Hadoop Skills, SAS, the leader in analytics, has partnered with the University of Stirling to deliver a Masters course in Data Science for Business. The postgraduate course, the first course of its kind in Scotland, has been developed in close collaboration with HSBC, one of the world's largest banking and financial services organisations, and The Data Lab, the international research and innovation centre in data...

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BAE Systems has signed a deal with Zurich Insurance plc to provide Zurich’s business unit in Ireland, Zurich Ireland, with greater ability to detect, investigate, and prevent insurance fraud. This is part of Zurich Ireland’s commitment to tackle the rising cost of fraudulent claims and will help bring stability to the insurance market and ultimately benefit customers. Insurance claims fraud is recognised as a significant problem in Ireland and is a key factor in the...

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