Editor's News

Large businesses that struggle to attract sufficiently skilled IT security experts end up paying up to three times more to recover from a cybersecurity incident. This is one of the key findings of a recent report prepared by Kaspersky Lab, based on the experience of company experts and data from the 2016 Corporate IT Security Risks survey. Besides the measurable budget impact, a significant share of businesses is observing a growth in wages, a general...

Secure Cloudlink, a patented cloud services brokerage (CSB) that uniquely eliminates the risk, cost and frustration of using passwords as a means of identification, has announced that it is actively recruiting channel partners in the UK. The Secure Cloudlink solution supports three or more factor, SSO (single sign on) and biometric user authentication. However, unlike other market solutions it does not store, send or replicate any user credentials outside of an organisations’ internal directory service....

The Competition and Markets Authority’s recent announcement that banks will be pressured into allowing customers to access their entire finances via a single mobile app by 2018 has raised inevitable security concerns. However, the CMA’s ambitious plans can be made a reality if banks take the right steps to protect their own apps before the new measures come into place. This is according to app security specialists Promon. Once the new rules are implemented, consumers...

Financial malware is evolving through collaboration between malware creators, according to the results of Kaspersky Lab’s IT threat evolution Report for Q2. During the quarter, Kaspersky Lab products blocked 1,132,031 financial malware attacks on users, a rise of 15.6 per cent compared to the previous quarter.  One of the reasons for the rise is the collaboration between the authors of two leading banking Trojans: Gozi Trojan and Nymaim Trojan, pushing both into the top ten...

Hacking IoT devices and smart objects is always making headlines. After all, we use these devices to simplify our lives - so having their processes interrupted, hijacked or used against us is a real nightmare. However, hacking a thermostat is one thing; hacking a car is another. At this year's Black Hat in Las Vegas, experts once again showed that the Jeep Cherokee is vulnerable to the whims of cyber-crims. Researchers sent false messages to the...

Worldwide spending on information security products and services will reach $81.6 billion in 2016, an increase of 7.9 per cent over 2015, according to Gartner, Inc. Consulting and IT outsourcing are currently the largest categories of spending on information security. Until the end of 2020, the highest growth is expected to come from security testing, IT outsourcing and data loss prevention (DLP). Preventive security will continue to show strong growth, as many security practitioners continue...

This year is the year of sporting fans. Especially over the last few months, they had the opportunity to move from one big sporting event to the next with few gaps between them. First, just before the summer break, sports fans enjoyed a full month of football during European championship, followed by exciting and often dramatic moments of the Tour de France, now their collective attention is already shifting towards Rio, venue of the next...

A recent study has revealed that, contrary to common belief, nearly a quarter of ID fraud victims in the UK last year were avid users of social media platforms and mobile devices. This provides concrete proof that neither regular device updates nor computer literacy are stopping users from engaging in hazardous online behaviour, according to app security specialist Promon.  The reported 17 per cent rise in tech-savvy victims, despite them only making up 8 per cent of...

The National Crime Agency (NCA) has recently said that businesses and law enforcement agencies are losing the ‘cyber arms race’ with online criminals. It says that the technical capabilities of criminal gangs are outpacing the UK’s ability to deal with their threats. As security professionals, it’s something we’re acutely aware of – it really is an arms race and it’s one that we will be fighting for years to come. The effective response, according to...

Organisations have latched on to the need to secure SIP trunking solutions by implementing a Session Border Controller (SBC). The problem is that the vast majority of SBCs are considered not just one- off investments but also one-off deployments. Yet from denial of service attacks to toll fraud, SIP trunking is not only inherently vulnerable but that vulnerability continues to change and escalate. Few companies would fail to update anti-virus software – so why assume...