It has been reported that hackers working for Russia claimed “hundreds of victims” last year in a long-running campaign that put them inside the control rooms of U.S. electric utilities where they could have caused blackouts, federal officials said. Ofer Maor, Director of Solutions Management at Synopsys: “While it is hard to guess the specific end game in this attack, it is quite clear that having the ability to shut down a country’s electricity can be an immensely useful weapon during war or a massive conflict. It is unlikely for Russia right now to issue mass blackouts, though independent hackers might use an…
ISBuzz Team
Independent research shows biometrics solution delivered 191% ROI by preventing fraud, simplifying authentication and increasing customer satisfaction Nuance Communications, Inc. today released a new commissioned Forrester Consulting study quantifying the Total Economic Impact and benefits of the Nuance Security Suite solution, which enables organisations to authenticate consumers and prevent fraud through state-of-the-art biometric technology. Forrester found a Fortune 100 multinational bank saved £18M over there years due to avoided fraud incidents and operational savings as a result of deploying the solution. Confronted with massive risk of fraud today, companies must impose tough security measures to protect customers’ accounts and personal information.…
Wouldn’t it be great if IT teams and network managers could simply outline, at a high level, what they want their enterprise networks to do, and then technology would automatically implement the changes across their infrastructure to make it happen? That’s the promise of intent-based networking (IBN): using machine learning and automation to provision and manage networks and enforce security policies automatically – without network administrators having to perform the operational tasks of actually making it all work. First identified as the next big thing in early 2017, the industry really started taking note when Cisco announced its IBN portfolio in summer…
Amazon had a dodgy hour during Prime Day when their website was unresponsive and it looks like it potentially cost them around $75 million in lost sales. It was pretty much an Amazon invited DDOS (distributed denial of service) attack. Sean Newman, Director at Corero Network Security: “Although Amazon appears to have been a DDoS victim of its own making, this just goes to show how even an organisation with such immense resources can still be vulnerable to denial of service attacks. And, when you look at the estimated potential financial impact of this, it’s not difficult to understand why…
A recent report revealed that a committee of MPs and peers in the UK has criticised the government for its lack of urgency in addressing the cybersecurity skills gap in relation to critical national infrastructure (CNI). According to the report, the shortage in specialist skills and deep technical expertise is one of the greatest challenges faced by the UK’s CNI operators and regulators in relation to cybersecurity. Edgard Capdevielle, CEO at Nozomi Networks: “There is huge demand for cyber security professionals across the board, not just within our critical national infrastructure (CNI), with the world’s largest banks, energy companies, and governments…
In light of the news that cyber thieves stole £11m of client money in a year, please find a comment from Adam Maskatiya, General Manager, UK & Ireland at Kasperksy Lab. Adam Maskatiya, General Manager, UK & Ireland at Kasperksy Lab: “Lawyers’ and solicitors’ firms hold high volumes of sensitive information, so it is clear to see why they are tempting targets for cyber-criminals. Protecting against cyber-attack attempts from these threat actors comes down to having a security strategy that covers every angle. This is especially vital in the light of new data laws: for any business holding EU citizen data, the GDPR’s…
RoboCent, a Virginia Beach-based political robocall firm, has exposed the personal details of hundreds of thousands of US voters, according to the findings of a security researcher who stumbled upon the company’s database online. The researcher, Bob Diachenko of Kromtech Security, says he discovered the data using a recently launched online service called GrayhatWarfare that allows users to search publicly exposed Amazon Web Services data storage buckets. Ross Rustici, Senior Director, Intelligence Services at Cybereason: ‘This type of data exposure is far too common place. A significant number of data exposures this year have been a result of unsecured hosting. This particular…
Cybersecurity researchers from F5 Networks just released a report uncovering a spike in cyber-attack traffic targeting the meetings between President Trump and President Putin this week in Helsinki, Finland. Finland, which is rarely a target of major cyber-attacks, saw a majority of attacks originating from China that tried to access vulnerable IoT devices that could be turned on remotely to spy on sensitive conversations. About the attack: This attack follows a growing trend of hackers following President Trump’s high-profile meetings with other world leaders. Most recently, Singapore saw a major spike in malicious traffic around last month’s S./North Korea summit. This attack was…
Clearswift Insider Threat Index 2018 Organisations report that 38% of IT security incidents occur as a direct result of their employees actions, and 75% originate from their extended enterprise (employees, customers, suppliers) Ex-employees are responsible for 13% of cyber security incidents New research by data security company, Clearswift, has shown that year on year cyber security incidents from those within the organisation, as a percentage of all incidents, have fallen in the UK and Germany, two countries currently now under the ruling of GDPR. However, in the United States, a country outside of the direct jurisdiction, threats are on the…
News broke earlier today that a major cyberattack on Singapore’s government health database stole the personal information of about 1.5 million people, including Prime Minister Lee Hsien Loong. In response to this news, IT security experts commented below. Ramon Vicens, CTO at Blueliv: “It may be some time before we know exactly how the hackers got into the Singaporean government health database, but the attackers might have used targeted malware, exploited an infrastructure vulnerability or misconfigured system, or even used a simple phishing attack against an unsuspecting employee. Once inside, advanced cybercriminals can move laterally, placing backdoors, Remote Access Trojans and other malware to become…