Editor's News

WatchGuard’s latest quarterly Internet Security Report, which explores the  computer and network security threats affecting small to midsize businesses (SMBs) and distributed enterprises, has revealed massive increases in scripting attacks and overall malware attempts against midsize companies throughout Q3 2017. Scripting threats, includimg JavaScript and Visual Basic Script attacks, accounted for 68 percent of all malware during Q3, while total malware instances spiked by 81 percent this quarter over last, with more than 19 million...

According to a new CyberArk survey, half of organisations (50 percent) did not fully inform customers when their personal data was compromised in a cyber attack. With enforcement of the General Data Protection Regulation (GDPR) anticipated for May 2018, organisations that do not take action to improve transparency associated with breaches will face substantial consequences.   The findings are included in the second installment of the CyberArk Global Advanced Threat Landscape Report 2018.  This report,...

Given the severe devastation WannaCry and NotPetya caused to organisations around the world, you would have thought investment and interest into beefing up defences would have increased? Well not according to the latest research by AlienVault. Having surveyed 233 IT professionals globally about how their roles have changed following these high-profile attacks, just 16% of IT security professionals believe that their bosses and company boards have taken a greater interest in their roles as a...

Veracode, Inc., a leader in securing the world’s software, and acquired by CA Technologies (NASDAQ:CA), today released new research revealing the widening gap between software creation and software security, with the rush to innovate outpacing the urgency to secure the process. The “Securing the Digital Economy” report highlights how investment in software and digital transformation is rapidly accelerating, with around one in five business leaders indicating that their software budget had increased 50 percent or more...

Synopsys, Inc. (Nasdaq: SNPS) has completed its acquisition of Black Duck Software, Inc., a privately held leader in automated solutions for securing and managing open source software. Software development is undergoing sweeping and rapid change, including the increasing use of open source software (OSS), which makes up 60% or more of the code in today's applications. While the use of open source code lowers development costs and speeds time to market, it has been accompanied by...

Shinhan Bank has worked with Trustonic and ATsolutions to integrate and secure its one-time password (OTP) service into the domestic S-Bank mobile banking application and a global S-Bank solution for Vietnam, with more deployments to follow. This new solution delivers a simpler, faster and safer user experience. “We are known for innovation and want to provide our customers with secure and convenient services.” comments Kil-Woo Kim, Team Manager of the Digital Channel Division at Shinhan...

While the increasing number of publicly disclosed breaches and successful ransomware incidents are driving growth in cyber insurance, there is a risk that this will encourage criminals to target companies with extortion insurance to demand increased payments, believes researchers at WatchGuard Technologies. In countries that require mandatory breach disclosure, cyber insurance helps cover the costs and sometimes the lawsuits that result from these breaches. But more recently, insurers have promoted optional extortion insurance packages that...

Ever wondered how prepared retailers are to deal with a cyber attack? In an effort to answer that question, Tripwire surveyed IT security professionals working in retail organizations about their experiences and attitudes towards factors affecting IT security. The results found that a large majority are not fully prepared for data breaches. Worrying signs especially with the festive shopping period upon us. Of the respondents, only 28 percent of respondents said they have a fully...

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...