One in every one hundred emails represent a phishing or malicous email according to a study by FireEye. Thomas Pore, Director of IT and Services at Plixer: “Phishing has been around since the mid-to-late 90’s, and yet it’s still a significant problem as a direct effect of how successful it remains, even decades later. People are, and always will be, the weakest link. Social engineering will succeed, which means your organization is vulnerable. You must constantly monitor network traffic and digital communication to look for behavior anomalies. Operating the SOC under the assumption that you’ve already been infected puts you…
ISBuzz Team
Following the Information Commissioner’s Office (ICO) report that reveals it has been receiving 500 reports by telephone per week since GDPR came into force, a third of which are considered to be unnecessary or fail to meet the threshold for a data incident, Lillian Tsang, Senior Data Protection and Privacy Consultant from Falanx Group, explains why this over-reporting is happening, what organisations can do to reduce and how it may effect the ICO and its ability to deal with genuine data breach reports. Lillian Tsang, Senior Data Protection and Privacy Consultant at Falanx Group: “The over reporting is due to companies wanting to do the…
Forty percent believe nation-state cyber attacks have already cost human lives Venafi®, the leading provider of machine identity protection, today announced the results of a survey of 515 IT security professionals’ views on cyber war and nation-state security. The survey was conducted August 4-9, 2018, at the Black Hat conference in Las Vegas. According to the survey, eighty-six percent of IT security professionals say the world is currently in the middle of a cyber war. In addition, forty percent of respondents believe a nation-state cyber attack has already cost human lives. “The bottom line is that the notion of war…
The latest report* from Goode Intelligence lays out the business benefits of biometrics for companies to help authenticate customers. The report shows that once a customer is established, customer satisfaction goes up due to less transactional friction. Ryan Wilk, VP of Customer Success at NuData Security: “Physical biometrics is helping companies verify users without creating cumbersome authentication processes. Many businesses are also including passive biometrics in their arsenal to transparently verify users and only ask for a physical biometrics step up to those who show high-risk signals. Passive and physical biometrics can work in conjunction so that customers can be…
Research has found that two thirds of Germany’s manufacturers have been hit by cyber-crime attacks, costing industry in Europe’s largest economy some 43 billion euros ($50 billion). Industry association Bitkom surveyed 503 top managers and security chiefs from across Germany’s manufacturing sector, and found the small and medium-sized companies that are the economy’s backbone were particularly vulnerable to attacks. James Hadley, CEO and Founder at Immersive Labs: “Many cyber authorities from across Europe have recently delivered warnings to industry, advising them that cyber security is no longer a strategy to be created and then forgotten about. Instead, as echoed by Bitkom, a…
Just about every company today is going through some type of digital transformation, whether migrating entire departments and data centers to the cloud, opting for cloud-based SaaS solutions over legacy, on-prem software, working to enable remote employees to access, share and store data, or otherwise. Whatever the transformation, whenever you change business practices to fit a digital world, pitfalls are common. You only have to look as far as the BBC’s failed £100m digital transformation project or GE’s stuttering efforts and eventual failure to see prime examples of spotlighted stumbles, and they are not alone. If they can fail, so…
Randhir Shinde, CEO at Galaxkey: “The government is far too complacent about data privacy – it does not understand data, nor its intimacy, and would rather give its intelligence agencies free reign to violate our digital privacy. “This access helps fight external threats, such as terrorism and hostile state activity, but there comes a point when our individual rights need to come first. Otherwise we erode the rights and standards we seek to protect. It could only take one crisis for this power to be abused, for evermore invasive surveillance to become the norm. “If these invasions of privacy go…
It’s been reported that cloud kitchen platform Freshmenu has come under severe attack over allegations that it chose to keep under wraps a data breach two years ago that exposed the personal information of over 110,000 users. The incident from July 2016 was brought to light this week by data breach-tracker HaveIBeenPwned.com. As per HIBP, a breach in the systems of Freshmenu exposed personal data including names, email addresses, phone numbers, home addresses, and order histories. Tim Mackey, Senior Technical Evanglist at Synopsys: “With India’s Freshmenu withholding disclosure of a data breach for over two years, we’re reminded why the EU enacted GDPR and why India is in…
Sam Bakken from OneSpan comments on new research that shows a sharp rise in mobile transactions and mobile attacks. Sam Bakken at OneSpan: “This proves yet again that criminals are opportunistic–they follow the money. So it comes as no surprise that with more consumers transacting via mobile apps, the mobile channel becomes a juicier target and worth malicious actors’ time researching, developing and executing attacks. Businesses have a challenge. They absolutely must offer differentiated mobile services or they risk losing customers to other providers that do. At the same time, a number of reports on fraud in the first half of the year show the…
British business leaders need to extend their cyber security defences beyond the threat posed by Russia to other states and criminal syndicates, one of the UK’s leading spymasters has warned. In an interview with the Financial Times, Ciaran Martin, chief executive of the UK’s National Cyber Security Centre, which is part of the communications intelligence agency GCHQ, said that while Russia remained a serious threat to businesses, Iran and North Korea, as well as international cyber criminals, presented equal if not greater risks. IT security expetrs commented below. Andy Norton, Director of Threat Intelligence at Lastline: “Unfortunately the advice given is not…