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The latest collection of expert opinions, news analysis and featured contributions from the IT security community

A battle cry for SMBs to address cybersecurity

When we read about cyberattacks in the news, they typically involve a well-known brand or large enterprise. The perception is the bigger the organization, the greater the impact. However, the recent attack on Microsoft Exchange Servers is expected to impact over 60,000 organisations. Indeed, this is likely to be higher given that recent research has found more than 10 different advanced persistent threat (APT) groups are exploiting the Microsoft Exchange vulnerabilities. The worst part, however,...

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Crypto currency being held in a hand

By Chris Sedgwick, director of security operations at Talion Cryptocurrencies are a topic that touches many areas; not only finance and investing but technology and even political arenas. Although apolitical in itself, it is the structure behind these cryptocurrencies that make them a much talked about subject amongst political purists from across the political spectrum. This structure can be boiled down to the following; think of cryptocurrencies as a ‘big spreadsheet’, and when you ‘mine’...

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UK Cyber Security Council Becomes Independent Entity

The Cyber Security Alliance-led Formation Project has created an umbrella body that will grow to champion cyber security education, training and skills. Today it was announced that the Formation Project to create the Council has completed, allowing the Government-mandated Council to officially become an independent entity, fully and only accountable to its Trustees. The Council will champion the cyber security profession across the UK, providing broad representation for the industry, accelerating awareness and promoting excellence...

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vulnerability

An information leakage can result in grave consequences. Consider the recent SolarWinds supply chain attack which transpired from the exposure of a critical, and inanely simple, internal password (solarwinds123). In this way, making the recent findings by the Synopsys Cybersecurity Research Center (CyRC) especially troubling. The analysis of over 3,000 popular Android mobile apps showed information leakage to be commonplace. Passwords, user credentials, email addresses and tokens are among the information found. With this information,...

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Claire headshot

The events of 2020 from a cybersecurity perspective have brought to light the significance of diversity for businesses of all sizes. Facing a more diverse range of challenges than most will have experienced before required an equally diverse range of coping mechanisms and responses to navigate accelerated digital transitions. The move to remote working placed strain on communications, data sharing, client management and – underpinning it all – security. Yet, while many are all too...

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Financial Risk Management Platform Feedzai becomes Portugal’s first tech unicorn

Feedzai, the cloud-based financial risk management platform, today announced a $200 million Series D investment round led by leading global investment firm KKR, with participation from existing investors Sapphire Ventures, and Citi Ventures. The company states that the new investment will be used to accelerate its global expansion, further develop its product offerings, and boost its partner strategy to strengthen its position as one of the most comprehensive financial crime prevention and risk management solution...

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Big boost for UK’s Performanta with significant investment from Beech Tree Private Equity

Beech Tree Private Equity has announced a significant investment in Performanta, a fast-growing global provider of managed cyber security services to enterprise customers. Performanta provides an end-to-end security solution for customers, advising on security strategies as well as monitoring their environments 24/7 - including full Managed Detection and Response (MDR) and Incident Response services. Beech Tree will support Performanta with its plans to scale up rapidly, enhancing sales to accelerate its focus on enterprise customers...

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Oracle EBS Critical Flaws affects Thousands of Enterprises

Feedzai, a cloud-based financial risk management platform, has announced Feedzai Fairband, the world's most advanced AI fairness framework. The new AutoML algorithm automatically discovers machine learning models with zero additional model training cost while increasing model fairness by up to 93%, on average. With this new technology, Feedzai allows financial institutions across the world to make better and fairer decisions.   The company notes how the world has witnessed widespread reports of AI bias in...

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First trustees announced for the UK Cyber Security Council

The UK Cyber Security Council – the independent ‘umbrella’ organisation for the UK cyber security profession – has introduced its first four trustees, which it says is a key milestone in its formation. The four initial trustees that form the inaugural leadership of the Council are:   Dr Claudia Natanson (chair): Dr Claudia Natanson is a highly respected information and cyber security professional and thought leader within the international arena. She has served as board,...

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Developing a Strong Security Posture in the Era of Remote Work

Many of us have had to adopt remote working for a large proportion of the past year. But remote working is about more than saving yourself time on the morning commute and navigating Zoom etiquette: The security implications for thousands of businesses sending their employees home to work for a year have been massive. In this podcast, veteran security journalist Dan Raywood waxes lyrical on remote working security practices with Niamh Muldoon, Global Data Protection...

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