Editor's News

The total value of reported fraud in 2016 hit a five-year high, increasing 31.5% to £2.0bn, according to new analysis by accountancy and business advisory firm BDO LLP. Despite the hike, the latest BDO FraudTrack analysis, which examines reported fraud cases over £50,000 in the UK, finds that the number of reported cases fell slightly (504 in 2016 compared to 519 cases last year). This means the average value of fraud rose 35.4% to a...

E-Sports Entertainment Association (ESEA), one of the biggest video gaming communities, was hacked last December, with a database containing 1.5 million player profiles being compromised. On Sunday, ESEA Tweeted: "Recently news has been made that ESEA’s user data has been leaked online. We expected something like this could happen but have not confirmed this is ESEA’s data. We notified the community on December 30th, 2016 about the possibility this could happen. The type of data and...

FireMon, the global leader in Network Security Policy Management (NSPM), today confirmed its intention to support Check Point R80 security management. It is the latest addition to the list of supported technologies that also includes Cisco, F5 Networks, Fortinet, Intel Security (McAfee), Juniper, and Palo Alto Networks. FireMon's Intelligent Security Management is a comprehensive approach to policy and risk analysis, automated change management through our industry-leading Intelligent Policy Automation framework and security analytics and monitoring. FireMon anticipates...

RSA, a Dell Technologies business and global leader in Business-Driven Security™ solutions, announced that Rohit Ghai will be appointed RSA’s new president. Ghai will be focused on RSA delivering solutions that help customers more strategically address their security transformation and better manage business risk. Ghai is currently president of Dell EMC’s Enterprise Content Division, and responsible for all aspects of the business. He has been instrumental in setting a compelling vision, transforming go-to-market and revitalizing...

Android Marcher posing as Super Mario Run  Nintendo recently released the game Super Mario Run for iOS platform. Soon after the release, this game became a sensational hit on Apple iTunes store. However, this game's Android version does not exist and there has been no official confirmation on the release. The attackers are taking advantage of the game's popularity and spreading malware posing as Android version of Super Mario Run game. We had written about a similar scam which occurred during...

Silicon Valley analytics software firm FICO today announced that it has been accepted into the EU-U.S. Privacy Shield program, which requires FICO to agree to comply with EU data protection requirements when transferring personal data from the European Union to the United States. Effective December 7, 2016, this voluntary self-certification declares FICO’s cooperation with the privacy program adopted jointly by the European Commission and the U.S. Department of Commerce. “Joining the Privacy Shield further demonstrates...

With knowledge and skills as the foundation for effective cyber security, Context Information Security has launched its new training and refresher programme designed to keep cyber security professionals, CISOs and IT managers up to date with the knowledge and skills required to understand and defend against the latest threats.   The courses have been designed to provide in-depth understanding and practical knowledge across four main categories - web application hacking, mobile hacking and security testing,...

CFC Underwriting, a specialist provider of cyber insurance to over 20,000 clients globally, today releases findings from a survey conducted at the 2016 Cyber Symposium in London. The survey acts as a barometer of current attitudes towards the UK cyber insurance market. Cyber insurance is the fastest growing line of insurance in the world – the total written premium globally today is estimated at $2.5bn, and Allianz estimates it will reach $20bn by 2025. When...

Symantec Corp. (NASDAQ: SYMC), the global leader in cyber security, revealed the findings of a decade-long research campaign that helped unearth an international cybercriminal gang dubbed “Bayrob.” Symantec’s wealth of intelligence led to a successful FBI sting operation and the capture of three criminals in Romania. The group is responsible for stealing up to $35 million USD from victims through auto auction scams, credit card fraud and computer intrusion. Through its research, Symantec discovered multiple...

Global technology company Nuix has released the findings from its third annual survey of corporate information security practitioners who almost universally agreed that human behaviour was their largest security threat. While businesses were investing to develop broad and mature cybersecurity capabilities, many survey respondents were uncertain about the most effective technologies and capabilities to focus on. “Cybersecurity no longer has an air of mystery about it for executives and directors but human behavior and technological...