Editor's News

Funding led by K1 Investment Management as global demand soars for its machine learning technologies to solve the complex technological, operational and human challenges of phishing attacks.  IRONSCALES, the world’s first automated phishing prevention, detection and response provider, today announced that it has secured a $6.5 million Series A, led by K1 Investment Management, LLC, with participation from existing investor RDC. On the cusp of its third consecutive year of triple digit revenue growth, IRONSCALES will use...

Discussions around AI cyber defense have traditionally focused on the ability of advanced machine learning to detect the earliest signs of an unfolding attack, including sophisticated, never-seen-before threats. This real-time threat detection overcomes the shortcomings of legacy tools and cuts through the noise in live, complex networks to accurately identify threatening anomalies, including ‘unknown unknowns’.   But while the capability to identify the entire spectrum of threats in their nascent stages before a problem becomes...

New research by data security company, Clearswift, has shown that 75% of employees are likely to exercise their right to be forgotten (RTBF). The principle also known as ‘right to erasure’ dictates that an individual can request their data to be removed or deleted when there is no compelling reason for a business to continue processing that information.   The research, which surveyed 600 senior business decision makers and 1,200 employees across the UK, US,...

Businesses are being warned to carefully check their cyber insurance policies and their appropriateness as many do not provide important cover for common attacks, such as the damage to revenue and profits from ransomware attacks. Analysis by Cyber|Decider, the cyber insurance comparison engine that covers policies accounting for 80% of the UK market, found that the variability of policies meant many businesses will be getting insurance that does not cover them for such key risks....

Experts at Positive Technologies note increased hacker interest in cryptocurrency wallets and initial coin offerings (ICOs), in which ordinary users and major companies alike run the risk of losing millions in just minutes. By attacking the website of an initial coin offering, hackers can replace the address indicated for the ICO wallet with an address controlled by them. As a result, would-be investors are tricked into sending funds to the wrong recipient. Cryptocurrency has also...

Alert Logic, Inc. a leading provider of Security-as-a-Service solutions for cloud environments, yesterday announced, at AWS re:Invent 2017 in Las Vegas, the availability of Alert Logic Managed Rule Groups for AWS WAF – Virtual Patches for WordPress.  The new offering is designed to help customers that use AWS WAF to protect their environments from the most recent exploitable WordPress vulnerabilities. WordPress, one of the main content management systems (CMS) in its market segment, powers nearly 30 percent of all web...

McAfee Inc. today released its McAfee Labs 2018 Threats Predictions Report, which identifies five key trends to watch in 2018. This year’s report focuses on the evolution of ransomware from traditional to new applications, the cybersecurity implications of serverless apps, the consumer privacy implications of corporations monitoring consumers in their own homes, long-term implications of corporations gathering children’s user-generated content, and the emergence of a machine learning innovation race between defenders and adversaries.   “The...

Kroll Ontrack recently carried out a global security study that indicated we are putting our personal information at risk far too easily. The data recovery company analysed used drives to see if any traces of data remained after the previous owners sold them. Among the drives Kroll Ontrack examined, traces of data were found on nearly half. Many of these innocent oversights allowed the new owners critical access into the previous owners’ identity. Despite user...

Alert Logic, a leading provider of Security-as-a-Service solutions for the cloud, yesterday announced at the AWS re:Invent conference in Las Vegas, the availability of Alert Logic Cloud Insight Essentials. Architected to support the newly launched Amazon GuardDuty, the new Alert Logic service helps users continuously identify and fix configurations of their Amazon Web Services (AWS) environments that don’t meet security best practices and be alerted to active threats. Cloud Insight Essentials allows users to take full and fast...

A majority (70%) of consumers would stop doing business with a company if it experienced a data breach, according to a survey of more than 10,000 consumers worldwide conducted on behalf of Gemalto, the world leader in digital security. In addition, seven in ten consumers (69%) feel businesses don’t take the security of customer data very seriously. Despite these concerns, the Gemalto study found that consumers are failing to adequately secure themselves, with over half...