Editor's News

Anomali, has today released a new report that identifies major security trends threatening the FTSE 100*. The volume of credential exposures has dramatically increased to 16,583 from April to July 2017, compared to 5,275 last year’s analysis. 77% of the FTSE 100 were exposed, with an average of 218 usernames and password stolen, published or sold per company. In most cases the loss of credentials occurred on third party, non-work websites where employees reuse corporate...

GlobalPlatform, the standard for secure digital services and devices, has published its Open Firmware Loader for Tamper Resistant Elements (OFL). The free specification standardizes how secure element (SE) firmware – combining the secure operating system (OS), applications and data – can be remotely loaded and managed onto a SE such as SIM, embedded SE or eUICC / eSIM, or integrated SE even after a device has been issued.   This ensures that the device’s longevity...

GDPR – SMB’s will be hit the hardest due to security immaturity As GDPR comes into force on 25 May 2018, the burden of compliance will weigh most heavily on small and midsized businesses (SMBs). Businesses with immature security practices will likely be challenged to demonstrate their due diligence and compliance under the regulation. It’s harder for SMBs to detect advanced adversaries and respond and remediate within the parameters of GDPR. In some cases, they may...

The saying goes ‘don’t mix business with pleasure’, but research from Kaspersky Lab reveals business owners and employees could be unwittingly putting their companies at risk, with many of them using work devices to keep up their dating habits, or divulging company secrets when looking for matches. The study into the attitudes of online dating users shows that 11 per cent of the online dating population is made up of business owners or company heads,...

The holidays are upon us, and that means consumers are limbering up their mouse-clicking fingers in preparation to go shopping online. Online shopping is now mainstream and consumers are expected to spend more than £600 billion online this year, up 14% from a year ago. More than three-quarters of mid-sized to large retailers now sell goods and services over the web.   In the wake of the many recent and prominent cyber attacks, it’s reasonable...

It’s predicted there will not so much be a ‘Black Friday’ but ‘Black Thursday to Monday’ (Thursday 23rd November – Monday 27th November.) Whilst this is great news for shoppers looking for a bargain, cybercriminals will also have a much bigger window to con bargain hunters. When analysing data from last year’s seasonal sales, Kaspersky Lab’s protection technologies detected a clear spike in the number of users attacked during this period – for  instance, in...

The 2017 holiday season is expected to be a busy time for retailers, with analysts predicting an average of £1bn per day in UK online spending during the seven days surrounding Black Friday. This will be followed by the frantic remainder of the holiday season, as even more shoppers hunt out perfect gifts and generate substantial sales for the retail industry. While consumers are busily shopping and preparing for the festivities, this spike in business...

FTSE and Fortune firms will spend on average £430,000 and $1m respectively on technology alone to ensure compliance with the upcoming General Data Protection Regulation (GDPR), new research by international law firm Paul Hastings has shown today. The survey of 100 FTSE 350 General Counsel (GCs) and Chief Security Officers (CSOs) and 100 Fortune 500 GCs and CSOs reveals that the biggest allocation of budget set aside so far to comply with GDPR is for...

In business, reputation is everything. So it is not hard to imagine the conversations that took place inside two law firms when they realised they had potentially become malware hubs spreading malicious code among clients and business-partners. The legal ramifications could have been catastrophic. In the first incident, the PDFs created in the firm were found to contain code for which there was no explanation, while at the second, the document scanner was discovered to...

Black Friday is a chaotic time for both consumers and retailers. Customers scramble over one another to get the best deals and collectively spend more and more money each year. Last year, UK consumers spent over £1.2bn on Black Friday alone; over the whole week period it is thought to be more than £6bn. Meanwhile, in the U.S., online Black Friday sales exceeded $3 billion in 2016 for the first time in history. This is...