Editor's News

The number of payment cards compromised at U.S. ATMs and merchants monitored by FICO rose 70 percent in 2016, Silicon Valley analytic software firm FICO reported today. The number of hacked card readers at U.S. ATMs, restaurants and merchants rose 30 percent in 2016. The number of compromises recorded in 2016 set a new high for the FICO® Card Alert Service, which monitors hundreds of thousands of ATMs and other readers in the US. This...

Distil Networks, the global leader in bot detection and mitigation, today announced that its analyst team has uncovered an Advanced Persistent Bot (APB) that targets gift card payments processes on websites. The bot, named GiftGhostBot, is attempting to defraud consumers from the money loaded on gift cards from a variety of retailers around the globe. Any website, from luxury retailers, to supermarkets, to major coffee distributors, with gift card processing capabilities could be a target....

Seven cyber security start-ups joined the unique GCHQ Cyber Accelerator – a partnership between GCHQ, the Department for Culture, Media and Sport (DCMS), and Wayra UK, the leading UK corporate accelerator that is part of the global Telefónica Open Future_ network - in January. There, the companies received support to help them scale all aspects of their businesses, including high-quality mentoring and business services, office space, and access to GCHQ and Telefónica’s world-class personnel and technical expertise....

Lastline has introduced Lastline Labs, its internal research group and innovative core.  Lastline Labs brings together some of the most brilliant minds in the threat prevention community to collaborate and develop advanced cyber security solutions that successfully detect sophisticated threats and evasive malware. Lastline Labs focuses on innovating the field of advanced threat protection with an effective, scalable, and applicable approach to today’s issues faced by organizations of all sizes. “Lastline Labs has a unique DNA...

Thirty percent of malware can be classified as new or zero-day because it cannot be caught by legacy antivirus solutions, according to research published today in WatchGuard’s first Quarterly Internet Security Report, which explores the latest computer and network security threats affecting SMBs and distributed enterprises. The results from Q4 2016, confirm that cyber criminals’ capability to automatically repack or morph their malware has outpaced the AV industry’s ability to keep up with new signatures....

Carbon Black, the leader in next-generation endpoint security, today announced the results of its latest research report, “Beyond the Hype,” which aggregates insight from more than 400 interviews with leading cybersecurity researchers who discussed non-malware attacks, artificial intelligence (AI) and machine learning (ML), among other topics. The results were definitive, pointing to the following trends: The vast majority (93%) of cybersecurity researchers said non-malware attacks pose more of a business risk than commodity malware attacks....

Gemalto, the world leader in digital security, today released the findings of the Breach Level Index revealing that 1,792 data breaches led to almost 1.4 billion data records being compromised worldwide during 2016, an increase of 86% compared to 2015. Identity theft was the leading type of data breach in 2016, accounting for 59% of all data breaches. In addition, 52% of the data breaches in 2016 did not disclose the number of compromised records at...

The huge economic risk posed by cybercrime has prompted an industry expert to pen a jargon-free guide to help leaders understand the growing problem. Titled 'Surviving the Rise of Cybercrime', the book explains the complex threat in straight-forward terms. It is to be launched by the Hon Dan Tehan MP, Australia’s Minister Assisting the Prime Minister for Cyber Security, in the presence of Australian cybersecurity experts from industry and government. Craig Davies, CEO of the...

The Institute of Directors and Barclays have announced in their latest report that more than a third of businesses lack a formal strategy against cyber attack. Of the 845 members that make the Institute of Directors, 95 per cent had said they considered cyber security to be quite or very important to their business. Despite this, 40 per cent of businesses said they would not know who to report incidents of cyber crime to. The survey,...

A new retail report, by mobile technology solutions provider Apadmi, found that consumers would like to see retailers make better use of technology in-store. Nearly half (46%) now expect stores to offer free WiFi and one in five shoppers want retailers to use technology that will provide a more tailored shopping experience while they browse in-store - like an app that notifies them of nearby offers or provides product recommendations or reviews. Speed and convenience are top priorities for...