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Editor's News

Fraud and online banking

New research from Kaspersky Lab has found that only six per cent of consumers believe they should cover the cost of financial loss in the event of a fraudulent attack, with many assuming that a third party will cover their losses and almost half (49 per cent) of online fraud victims expecting their bank to pay out. The findings also reveal the high rate of attacks, with 65 per cent of consumers suffering online fraudulent...

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CNS Group, an independent UK cyber security consultancy, has today announced the results of its 2016 Incident Response Survey. Carried out at IP Expo 2016, the survey raises concerns about the confidence of IT professionals in their security incident response plans and the impact of this upon their organisations. Twenty-six percent of respondents were fairly unconfident or not very confident in their organisation’s security incident response plan. Despite this continued lack of confidence, respondents understood...

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online-retail-ecommerce

Black Friday has become the biggest shopping day of the year, when retailers knock prices across much of their stock to kick-start the gift-buying season but BroadGroup has warned datacentres to prepare for an infrastructure melee potentially on the scale of a DDoS-attack from the expected deluge of customers. Philip Low, Chairman of BroadGroup said: “This year, internet sales over the 24-hour period are expected to surpass £1bn for the first time in UK history. ...

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Cloud Service Providers (CSPs) of any size risk being hit with major fines if they fail to comply with the terms of the General Data Protection Regulation (GDPR). This is according to managed service provider The Bunker who argues that, irrespective of size and where they sit in the supply chain, CSPs need to have the relevant capabilities and security in their DNA if they wish to achieve and maintain full compliance.  The GDPR comes...

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FireMon, the global leader in Network Security Policy Management (NSPM), has today published a report entitled Quantifying the Value of Firewall Management, conducted by research firm Aberdeen Group. The report illustrates the increasingly complex problem of firewall sprawl and quantifies the median savings after implementing a firewall management solution of more than three million dollars for a typical mid-size organisation.  For the typical Fortune 500 company, the savings could be tens of millions of dollars. ...

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Ten of the UK’s best codebreakers are representing Britain in the 2016 European Cyber Security Challenge this week in Dusseldorf. Britain’s best cyber talent will be tested in a series of cyber security challenges, examining skills from network analysis to digital forensics and cryptography. The UK team will be competing against teams from Germany, Spain, Romania, Austria, Switzerland, Liechtenstein, Greece, Ireland and Estonia. This year’s team includes a 17-year-old student, who develops Android apps in...

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People must feel safe and secure with the Internet of Things before it can reach its full potential - and there are a lot of things that still need to be addressed, Greenwave Systems’ chief scientist and technology evangelist Jim Hunter warned today. Speaking at Web Summit, Hunter said security is the single biggest hurdle when it comes to monetizing the Internet of Things (IoT), particularly in the wake of incidents like last month’s Mirai...

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Enterprises across the globe are refreshing their network equipment earlier in its lifecycle in a move to embrace workplace mobility, Internet of Things, and software-defined networking strategies. In addition, their equipment refresh is more strategic, with architectural vision in mind. But despite the higher refresh rate, networks are getting less secure, largely due to neglected patching. These are some of the highlights in the annual Network Barometer Report today by Dimension Data. First published in...

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Synopsys, Inc. (Nasdaq: SNPS) has signed definitive agreements to acquire Cigital, a privately held provider of software security managed and professional services, and Codiscope, a 2015 spinoff of Cigital and provider of complementary security tools. Cigital is a large, global application security firm specializing in professional and managed services for identifying, remediating and preventing vulnerabilities in software applications. Codiscope has transformed the tools and intellectual property created by Cigital into a suite of accessible and...

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Network security policy management providers Firemon has announced its largest bookings quarter in history as well as an impressive 53% growth in new customers over Q2 2016. Year-to-date renewal rates topped 90%, which the company attributes to an increased focus on customer success that resulted in an industry-leading 96% customer satisfaction rating. “The success we achieved this quarter highlights the execution capabilities of the high-performance FireMon team as they focus on solving customer problems,” said...

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