News

As major car OEMs and telcos compete to offer the latest EV and autonomous vehicle connectivity solutions, Mobile Devices Ingenierie, a leading provider of Edge Computing Platforms for all Telematics segments, today highlighted the North American retrofit opportunity. Aaron Solomon, Mobile Devices founder and CEO highlighted the current market opportunity: “There are over 280 million existing car owners in North America today compared to an estimated 20 million cars in the US with connectivity capability....

Imperva, Inc., the cybersecurity leader championing the fight to secure data and applications wherever they reside, today announced it has signed an agreement to acquire Distil Networks, the global leader in Bot Management. The acquisition reinforces Imperva’s market leadership in the application security market and furthers the company’s mission to protect business-critical data and applications no matter where or how they are deployed. “Distil Networks is a globally recognised leader in automated attack mitigation, and...

UK businesses continue to house ‘dark data’ within their organisations, creating a honeypot for cybercriminals, finds research from Veritas Technologies, a worldwide leader in enterprise data protection and software-defined storage. The Value of Data study, conducted by Vanson Bourne for Veritas, surveyed 1,500 IT decision makers and data managers across 15 countries, including 100 from the UK. It reveals that on average, nearly half (48 per cent) of all data within UK organisations remains unclassified...

The banking industry is increasingly becoming a favourite among cybercriminals. After intercepting multiple variations of an email scam spoofing NAB earlier today, MailGuard has now detected another phishing email scam purporting to be from Westpac. Using a display name "Westpac Bank", the emails are actually sent by what appears to be a compromised account. The message body is in plain-text, advising recipients that some unusual activity was noticed on their account. Their account has been...

Gillian Tans, President and CEO of Booking.com and Corinne Vigreux, Co-founder of TomTom have spoken on the need to get more women into tech roles to future proof modern companies. Both companies use AI and machine learning in all areas of their businesses and want to see more women working in these fields. Speaking on Monday 3 June at the annual FORTUNE Most Powerful Women International Summit in London, Gillian Tans said that ‘technology in...

Microsoft has made a move with the most recent version of Windows 10, the May 2019 update. Among the changes introduced, Microsoft has removed the need to change passwords every 60 days. With emerging technology such as 2FA and better breach detection, Microsoft is trying to cut the bungee to password rules developed decades ago and nudge people and companies to better practices. Source: LifeHacker

After almost a year and a half, the operators behind the GandCrab Ransomware are shutting down their operation and affiliates are being told to stop distributing the ransomware. Filling the gaps left behind by the shutdown of large scale ransomware operations such as TeslaCrypt, CryptoWall, and Spora, GandCrab exploded into the ransomware world on January 28th, 2018, when they started marketing their services on underground criminal sites. Since then, they had become one of the...

A variant of the Maze Ransomware, otherwise known as the ChaCha Ransomware, has been spotted being distributed by the Fallout exploit kit. An interesting feature of this ransomware is that it says the ransom amount will be different depending on whether the victim is a home computer, server, or workstation. Malwarebytes security researcher Jérôme Segura discovered this ransomware being distributed by the Fallout exploit kit through a fake site pretending to be a cryptocurrency exchange...

Numerous members of the cryptocurrency community have been hit by SIM swapping attacks over the past week, ZDNethas learned, in what appears to be a coordinated wave of attacks. SIM swapping, also known as SIM jacking, is a type of ATO (account take over) attack during which a malicious threat actor uses various techniques (usually social engineering) to transfers a victim's phone number to their own SIM card. The purpose of this attack is so...

Yesterday the U.S. State Department began implementing its requirement that nearly all U.S. visa applicants submit their social media usernames, previous email addresses and phone numbers as part of the application process. The new requirement, which could affect up to 15 million would-be ravelled to the U.S., is part of a broad expansion of enhanced screening under the Trump administration. First proposed in March 2018, the State Department only just updated the application forms to...