Top 10 Stories

General Data Protection Regulation (GDPR) will force European organisations to expand their cyber workforce, causing demand to outstrip the supply of expertise. Two in five governments and companies will expand their cybersecurity divisions by more than 15 per cent in the next 12 months, according to a survey by the International Information System Security Certification Consortium, or (ISC)2. This will lead to a shortfall of 350,000 cyber workers across the continent by 2022. View full story...

Enterprises are not managing the risks associated with the Internet of Things (IoT), with many relying on legacy technologies and governance practices to mitigate security threats, according to the Ponemon Institute. A recent study by the Ponemon Institute, which surveyed 553 enterprise IT decision makers, showed that most organisations are aware swathes of easily compromised IoT devices enable hackers to build massive botnets as exemplified by the Mirai botnet that crippled the internet in October. However, 48 percent of...

Singapore and Australia are forging closer ties in cyber security through joint efforts to build a secure and resilient cyber space that will contribute to the progress of both countries. In a two-year memorandum of understanding (MoU) inked by the two countries on 2 June 2017, the Cyber Security Agency of Singapore and the Australian government will conduct regular information exchanges on cyber threats, share best practices to promote innovation in cyber security and build cyber...

One of the fastest-rising and newest ransomware strains dubbed Jaff has been found to have links with a "refined" dark web marketplace that trades stolen credit card and other financial data. Both Jaff ransomware and the unnamed underground cybercrime marketplace share the same server space, according to security researchers. The ties between the malware and the dark web store hint at the way cybercriminals are evolving. The dark web market tied to Jaff was found to provide access to "tens of...

Britain's prime minster Theresa May called for regulating the internet in the wake of the London Bridge attack, which took the lives of seven people on Saturday. May called for new cyberspace rules that would "deprive the extremists of their safe spaces online."  "We need to do everything we can at home to reduce the risks of extremism online," Britain's prime minister said in a statement. "As the nature of the threat we face becomes more complex, more fragmented,...

The security firm Check Point says it has found a malware infection of staggering scope and destructive potential. Originating in China, the "Fireball" malware package is believed to have infected more than 250 million computers worldwide and is present on 20% of corporate networks, with major infection centers in India, Brazil, and Mexico. Check Point calls it "possibly the largest infection operation in history." The malevolent software appears to be mainly intended to generate fake clicks and...

Airline inquiry focuses on human error amid reports that contractor at a data centre inadvertently switched off the power knocking out BA’s computers An investigation into the power outage that led to chaos for British Airways over the bank holiday weekend is likely to focus on human error rather than any equipment failure. A contractor doing maintenance work at a BA data centre is said to have inadvertently switched off the power supply, knocking out...

The U.S. is buttressing its paperwork walls with new requirements for social media disclosures as part of revised visa applications. Reported by Reuters earlier today, the decision from the U.S. government’s Office of Management and Budget was made over strenuous objections from education and academic groups during a public comment period. The new questionnaire will ask for social media handles dating back over the last five years and biographical information dating back 15 years.  ...

The implicit promise of password management and single sign-on services like OneLogin is that they keep your credentials safe and private so you won’t have to worry about remembering them or writing them down somewhere insecure. As such, it isn’t uncommon for these services themselves to be become the target of malicious attacks in order to pilfer their customers’ data. It is somewhat rare, however, for such services fall victim to a very serious breach...

The director-general of France's National Cybersecurity Agency has warned of a 'permanent war' online between states and criminal or extremist organisations. He argues different countries, not just Western nations, need to unite against hackers. View Full Story  ORIGINAL SOURCE: abc.net