You’ve probably seen the recent news about how cyber-attacks are now the number one business risk in Europe, North America and East Asia and the Pacific, according to the latest report from World Economic Forum (WEF). Mick Bradley, EMEA VP at data protection vendor, Arcserve addressing the hot topic of cyber security in the boardroom commented below. Mick Bradley, EMEA VP at Arcserve: “It’s no surprise that executives in the UK and Germany both place cyber-attacks as the number one risk to business. As we become more digitally connected, organisations are spending an increasing amount on cybersecurity software. But despite this, we are still…
ISBuzz Team
The World Economic forum has released the results of a major study, which sheds light on business concerns across the west. The significant study of 12,000 executives concluded that in the west (North America and Europe) cybersecurity and cyberattacks are the top business risk. Lisa Baergen, Director at NuData Security: “This latest study from the World Economic Forum is somewhat bittersweet. While it’s a concern that cyberattacks are common and dangerous enough to top business leaders’ list of concerns, it’s undoubtedly a step in the right direction that his is at least being acknowledged. This means however that business leaders can no longer…
In response to the news that the popular online game, Albion Online, has been hit with a DDoS attack, please see below comments from Sean Newman, director product management at Corero Network Security. Sean Newman, Director Product Management at Corero Network Security: “Online multi-player games are prime targets for DDoS attacks, often from players of those games looking to gain advantage over other players. Reports over the week-end of Albion online being impacted by three separate attacks over a period of twelve hours, or so, reinforces that providers of online applications and services now need to ensure that dedicated real-time…
In response to news that the MMORPG game Albion Online announced it was hit with a DDoS attack over the weekend which disrupted play, an expert with Corero Network Security offers perspective. Sean Newman, Director Product Management at Corero Network Security: “Online multi-player games are prime targets for DDoS attacks, often from players of those games looking to gain advantage over other players. Reports over the week-end of Albion online being impacted by three separate attacks over a period of twelve hours, or so, reinforces that providers of online applications and services now need to ensure that dedicated real-time automatic DDoS protection is…
Yesterday it was reported that an internet traffic diversion rerouted data through Russia and China and disrupted Google services on Monday, including search, cloud-hosting services and its bundle of collaboration tools for businesses. Following this, please see below for comment from Allan Liska, senior security architect at Recorded Future. Allan Liska, Senior Security Architect at Recorded Future: “BGP Hijacking is surprisingly common. According to the Internet Society, there were almost 14,000 BGP Hijacking incidents in 2017 alone (https://www.internetsociety.org/blog/2018/01/14000-incidents-2017-routing-security-year-review/) and that number has not slowed down in 2018. Most incidents are not noticed, it is only when a big name like Google,…
There have been 3,676 publicly disclosed data compromise events through September 30. Breach activity continues at a consistent pace for 2018, which although significant in level, will likely not reach the numbers we saw in 2017, according to the 2018 Q3 Data Breach QuickView report by Risk Based Security. “The number of reported breaches shows some improvement compared to 2017 and the number of records exposed has dropped dramatically,” said Inga Goddijn, Executive Vice President for Risk Based Security. “However, an improvement from 2017 is only part of the story, since 2018 is on track to have the second most…
The HookAds Malvertising campaign is on the loose again and is downloading various malware through the Fallout Exploit kit. Mike Bittner, Digital Security & Operations Manager at The Media Trust: “Bad actors behind the HookAds campaign appear to be switching their tactics and adding more weapons to their arsenal to make a clean sweep of their targets. It appears they have joined forces with distributors of Danabot, a banking trojan, either as part of a larger North American Danabot campaign that splits profits among various bad actors or as a renter of the malware. Other DanaBot campaigns in the region…
It was reported that Nordstrom suffered a breach at the hands of a careless employee, exposing highly sensitive information of 76,000 former and current employees. The exposed information includes employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. IT security experts commented below. Mark Weiner, CMO at Balbix: “The problem with most enterprises today is that they do not have adequate visibility into all vulnerabilities in their networks and infrastructure, and therefore can’t take proper actions to prevent breaches and protect against misconfigurations, malicious or careless insider threats, malware, hacking, etc. that can all lead to…
It has been reported that high-end retailer Nordstrom is in the process of notifying its employees their data may have been compromised in a breach. The Seattle Times reported worker names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and additional information is included in the breach notification, which is being sent by email or being personally delivered by the retailer’s managers. Commenting on the news are the following security experts: Javvad Malik, Security Advocate at AlienVault: “Details are not available as yet beyond the fact that a contractor improperly handled the data. The insider threat isn’t just restricted…
With the growing popularity of cryptocurrencies, the number of malware pieces that are called cryptojackers also grows infecting more and more victims. Cryptojackers are hidden cryptocurrency miners that are secretly installed on computers. They use computer resources to mine coins thus earning money for cybercrooks. These viruses are also called cryptominers. One of the problems with cryptojackers is that their harmful activities can be easily detected due to the intensive use of the CPU. In order to complicate the detection of the rogue process running in the background (and which uses plenty of processor power) a new cryptojacker variant tries…