Cyber Crime

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...

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...

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...

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...

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,...

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...

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...

Software security company Synopsys have discovered a new remote code execution vulnerability (RCE) in the Pluck CMS system. Pluck is a content management system (CMS) implemented in PHP designed for setting up and managing your own website. Devised with ease of use and simplicity in mind, Pluck is best suited for running a small website. Pluck CMS features an “albums” module. Albums are used to create collections of images that can be inserted into web...

Apparently, the team at Ferrari may not have been up to speed with the latest ways to ensure your security is top priority. It was announced on Monday via a statement uploaded to their website that Ferrari was “recently contacted by a threat actor with a ransom demand related to certain client contact details”. Ferrari then went on to say that it “will not be held to ransom” and that the best course of action...

International Cyber Expo today announced the speaker line-up for its annual Global Cyber Summit sponsored this year by Snyk, and hosted at Olympia London on the 27th and 28th of September 2022. Introduced by former CEO of NCSC, Professor Ciaran Martin CB, the Summit endeavours to be an educational platform for IT professionals, C-Level executives and board members on the issues impacting the industry; both current and emerging.   In a combination of roundtable discussions, fireside...