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Historically, the UK has struggled to found cybersecurity companies but that has recently started to turn change. What defines a pure startup is contentious but here we’ve decided to limit our horizon to the last five years (roughly since 2011) in an effort to sift the fresh from the established and to capture startups that truly count as ‘cyber’ and not only security.  In he past, celever engineers went to work for GCHQ - will...

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The security researchers have identified a malware named SpyDealer, which affects Android smartphones running Android versions between 4.4 KitKat and 2.2 Froyo. SpyDealer abuses a popular rooting app to gain root permissions. After that, the malware gets the power to exfiltrate private data from more than 40 apps, including Facebook, WhatsApp, etc. View Full Story ORIGINAL SOURCE: Fossbytes

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Data breaches stain the reputations of modern-day companies both big and small. They instill doubt and reduce trust in consumers, and sometimes the consequences can affect customers for years to come. A data breach can harm both public sentiment and a company’s competitive edge in the market. Staff get fired, executives are replaced, and entire systems are overhauled to ensure that it doesn’t happen again. We analyzed the closing share prices of 24 companies, most...

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