European Card Fraud For 19 Countries Hit Record €1.8 Billion

A new report, issued by FICO, revealed that European card fraud losses hit a record €1.8bn in 2016, and the UK had the highest card fraud losses in the region, hitting a new peak at £618m. The previous peak in the UK was set in 2008, before the introduction of chip and PIN. Ryan Wilk, Director at NuData Security […]

Azure AD Connect Vulnerability

OpenSSL Vulnerability a Reminder that Security is a Process

Microsoft is warning sysadmins to check their Azure Active Directory Connect configurations and implement a patch against a credential-handling vulnerability. The bug’s in an Active Directory (AD) feature called password writeback. Azure AD can be configured to copy user passwords back to a local AD environment. Leigh -Anne Galloway, Cyber Security Resilience Lead at Positive Technologies […]

Countering WannaCry And Petya With Blockchain Technology

We’re only halfway through 2017, but the world has already seen at least 2 global ransomware attacks. According to a report by Kaspersky, ransomware attacks have increased by 11.4% in the past 12 months, to almost 2.6 million worldwide. The complete extent of each attack remains unknown yet, but cybercriminals have succeeded in locking out […]

General Data Protection Regulation Will Set The Pace For Consumer Privacy

Low Latency Data Protection

On May 25, 2018, the UK is set to implement its General Data Protection Regulation (GDPR) and it could prove to be a seismic change for global businesses that don’t prepare for those changes that could result in costly fines. Chris Olson, CEO at The Media Trust commented below. Chris Olson, CEO at The Media Trust: “GDPR […]

50% Of ExPetr Targets Are Industrial Companies

Kaspersky Lab analysis shows that at least half of the ExPetr encryption malware targets were various industrial organizations. The list includes electricity, oil and gas, transportation, logistics and other companies. ExPetr is a type of encryption malware. Upon infection of victim’s computer it encrypts the hard drive and makes the computer inoperable, showing a message […]

Millions Of Consumers At Serious Risk Of Being Hacked Via IoT Devices Without Knowing It

IT Professionals Forced to Adopt Smart Devices

Millions are at serious risk of being hacked without even knowing it, with fitness trackers, smart TVs and even children’s toys among the most vulnerable items, according to new research from consumer security firm, BullGuard. IT security experts commented below. Ben Hertzberg, Research Group Manager at Imperva: “The main threat with the Internet of Things (IoT) is that there are billions […]

Petya Ransomware Comment – How It Spreads / Why Businesses Were Affected

The ransomware is definitely spreading via EternalBlue exploit just like WannaCry. People have found the code in the malware and have seen the EternalBlue exploit traffic on the network.  There are additional spreading vectors that use harvested credentials from machines compromised with EternalBlue. These are used to connect to and run the malware on fully […]