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Editor's News

Trend Micro Incorporated, a global leader in cybersecurity solutions, today revealed that organizations around the world are exposing themselves to unnecessary cyber risk by failing to give IT security teams a voice when planning Internet of Things (IoT) project deployments in enterprise environments. A survey of 1,150 IT and security decision makers in Germany, France, Japan, the UK and US revealed that 79 percent involve the IT department in choosing industrial IoT solutions, but only...

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An increased focus on compliance risks detracting businesses from making investments to protect their organisation against fraud, according to new research by TransUnion (formerly Callcredit). The research, part of which forms the Fraud Fortress report, revealed that compliance is the area most commonly expected to drive increased expenditure (64%), potentially at the expense of prevention or detection. Whilst fraud leaders are also reporting increases in anti-fraud expenditure, as a result of investments in biometric technologies...

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phishing

Findings from F5 Labs’ Lessons Learned from a Decade of Data Breaches report has shed light on the global proliferation of phishing, providing clear insights on why the technique is fast becoming cybercriminals’ easiest and most productive attack vector. The threat intelligence reveals that phishing is responsible for almost half of breached records by root cause (48%). This is followed by credential stuffing (18%), the automated result of phishing and other attacks collecting identity data,...

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Data Breach Cyber attack code

The number of reports of data security incidents received by the Information Commissioner (“ICO”) has increased by 75 per cent over the past two years, according to new analysis1 by Kroll, a global leader in risk mitigation and investigative services.   The findings, obtained from a request made under the Freedom of Information Act and analysis of publicly available ICO data, reveal details of data breaches which have compromised a broad range of individuals’ personal...

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cyber risk

With one in twelve (eight per cent) of respondents having fallen victim to impersonation fraud, it is likely that nearly half a million (454,9603) SME businesses in the UK have been impacted by these scams.   According to data from Lloyds Bank there has been a 58 per cent rise in this type of crime in the year to date4, however as this is only reported fraud, the true scale of the problem is likely...

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Banking customers transferred £240m to fraudsters last year as the sophistication of attacks increases. Banks, which are currently refunding a quarter of this figure to customers, are facing a bigger hit as the Financial Ombudsman has told them not to assume this fraud is due to customer negligence. To avoid an increasing bill, fraud experts Intelenet Global Services® say that banks can make use of technologies such as machine learning and predictive analytics which identify...

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Security Serious Week, as part of European Cyber Security Awareness month in October, has gathered IT security professionals to work together non-gratis to help make the UK safer place to do business online. On the 1st October, the first day of Security Serious Week, representatives from industry and government will come together in London to share their best tips on how businesses can be smarter about cyber security. The “flash mob” will take place outside...

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A massive privacy breach occurred in April 2018 when Cambridge Analytica obtained information belonging to 87 million people because users unwittingly allowed Facebook to share their own and friends' data with a personality test app. Cambridge Analytica was roasted by the media. But there is a less reported side to data sharing when companies - retailers, travel sites, banks, media and a plethora of apps - invite people to take the oh-so-simple and hassle-free step...

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Kaspersky Lab experts detected the activity of infamous Asacub mobile banker over the past year has held the leading position (38%) among all mobile banking Trojans. More detailed information can be found in the first of a special Kaspersky Lab series on the most active banking Trojans. The reason behind Asacub’s continued sustainability lies in the fact that the domains of its command server change, and there are disposable phishing links for downloading the Trojan....

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McAfee, the device-to-cloud cybersecurity company, announces findings from its new study, The Age of Consent. The study discovered that 20% of UK parents share at least one video or photo of their children on social media a day, resulting in approximately 1.3 billion images of children under the age of 16 floating around on social media a year – showing the extent of child exposure on the web. Most parents recognise the concerns associated with...

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