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Cyber Crime

New AT&T Cybersecurity USM Anywhere Advisors Service Helps to Establish and Maintain Threat Detection and Response Effectiveness

Third-party cyber-attacks remain one of the most significant threats facing organisations across the globe. Most recently, Bank of America, a multinational investment banking and financial services corporation, began notifying customers that a November 2023 hack against one of its service vendors resulted in the exposure of personally identifiable information (PII).  The breach occurred following a security incident against Infosys McCamish Systems (IMS), a subsidiary of Infosys that provides deferred compensation plan services to Bank of...

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Roughly 12.7% of people are working from home full-time, with an additional 28% working part-time. This is so convenient for both the employees and the employers. There’s more work and more candidates, and all the expenses are lower. However, one thing that is higher (unfortunately) is the exposure to cybersecurity risks. You have so many employees working on devices that are not necessarily secure. Their networks may not be secure either, not to mention their...

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Fragmented cybersecurity vendor landscape is exacerbating risks and compounding skills shortages, SenseOn research reveals

The majority of large enterprises spend an average of 3-5 months integrating and training teams on each new security solution - at the expense of threat hunting, vulnerability scanning and security awareness training  However, major contradictions are rife, with 76% believing more tools equate to better security  Attitudes to cybersecurity within the UK's largest organisations are highly contradictory and risk exacerbating existing risks, stress, and inefficiency, new research from SenseOn has today revealed. The research...

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New research conducted by e2e-assure indicates that a significant proportion of mid-sized companies, approximately 59%, express diminished confidence in their ability to detect cyber threats. This contrasts with just over half of enterprises, where 52% share this concern. Ensuring robust protection against cyber threats has become an urgent imperative for companies, given the escalating challenges posed by ransomware attacks. E2e-assure's research reveals that a substantial majority, 75%, of Chief Information Security Officers (CISOs) and key...

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New AT&T Cybersecurity USM Anywhere Advisors Service Helps to Establish and Maintain Threat Detection and Response Effectiveness

Flagstar Bank is notifying customers that a data breach targeting a third-party vendor has resulted in the exposure of personal customer information. Flagstar uses the vendor in question, Fiserv, for transaction processing and mobile banking services. The notice sent out on Friday states that Fiserv is one of the many organisations impacted by the headlining mass MOVEit file transfer hack.  Prior to its 2022 acquisition by New York Community Bank, Flagstar previously had assets of over $31...

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Public Cloud

Ever since the emergence of AI in our lives, there have been several practical and valuable use cases but challenges as well. Like any other technical aspect, AI comes with its baggage. From being able to analyze massive amounts of data and patterns to becoming a challenge for cybersecurity, AI is multi-dimensional. As AI technologies achieve heightened integration in our lives, our security and privacy become somewhat threatened. These threats range from cyber-attacks and data...

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online-retail-ecommerce

In the bustling world of e-commerce, where convenience and accessibility are king, there lurks a shadow that threatens to undermine the integrity of online marketplaces: e-commerce fraud. This form of digital deceit poses a unique set of challenges, not only for retailers and financial institutions but also for consumers who partake in the ever-growing online shopping phenomenon. Understanding the nature of e-commerce fraud, its implications, and the strategies to combat it, is vital in maintaining...

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Programme for International Cyber Expo’s Global Cyber Summit 2023 Announced

International Cyber Expo has announced its programme for the annual Global Cyber Summit, sponsored by Sonatype, OpenText, and Infoblox, and hosted at Olympia London on the 26th and 27th of September 2023. The summit returns with greater international appeal. Among other topics of discussion, guest speakers will provide the Ukrainian perspective on cyber security, in light of recent geopolitical events. With opening remarks by Professor Ciaran Martin CB, Chair of International Cyber Expo’s Advisory Council,...

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Ransomware

This week, it was discovered that cybercriminals had exploited an ongoing vulnerability in Progress Software’s MOVEit file transfer app to infiltrate the systems of payroll company, Zellis. According to its website, 42% of the FTSE 100 are Zellis customers and over £28bn is paid each year through its Managed Services. This eventually led to a widespread ransomware attack impacting at least eight customers including the BBC, British Airways, Aer Lingus and Boots; all of whom...

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There's never a dull day in cybersecurity...Below, we round-up some of top stories that hit the headlines this week! A Rough Day for Colonel Sanders While many of us in the UK hit send on our final work email and tucked away our laptops to enjoy a well-deserved long weekend break, Yum! Brands - owner of the world-renown fast food triad of KFC, Pizza Hut, and Taco Bell - were in the midst of sending...

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