Cloud based recovery is growing at a phenomenal rate Over the past few years businesses have been buying cloud based recovery like it’s going out of fashion. Depending on which report you read, compound annual growth rates for cloud based recovery range from 13% to 55%. But DR success rates are still very poor What’s less impressive is the lack of improvement in disaster recovery success rates. I would encourage you to do the research on organization’s ability to achieve RTO and RPO objectives without issues or significant issues. Depending on your level of Disaster Recovery (DR) maturity, success rates range from 2%. Yes that’s right 2%, rising up to 69% for those with the most mature…
ISBuzz Team
A critical security bug was discovered in major banking apps used by HSBC, NatWest and Co-op which could let hackers steal usernames and passwords, new research has revealed. Researchers from the University of Birmingham said this week (6 December) that they had worked alongside the UK’s National Cyber Security Centre (NCSC) – a fork of intelligence agency GCHQ – to fix the vulnerabilities and ensure patches were pushed to users. The team found the bugs after developing a tool called “Spinner”, which was able to perform “semi-automated security testing” of mobile apps. It was used to analyse cybersecurity against a…
Gartner forecasts worldwide enterprise security spending to total $96.3 billion in 2018, an increase of 8 percent from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy. IT security experts are commented below. Tim Woods, Vice President, Technology Alliances at FireMon: “Gartner’s prediction isn’t surprising with the number of high profile breaches that have occurred this year. Everyone is looking for the right mix of technology to build their defenses. The problem is, each new technology that’s adopted adds another layer of complexity to…
The Trustworthy Accountability Group (TAG), an advertising industry initiative to fight criminal activity in the digital advertising supply chain is reporting that a study released by the 614 Group shows that fraud was reduced by more than 83% for those that used the TAG Certified distribution channels for digital advertising. Chris Olson, CEO at The Media Trust commented below. Chris Olson, CEO at The Media Trust: “TAG’s efforts to drive transparency and accountability into the digital advertising ecosystem yield benefits to all industry participants, from brands and advertisers to media publishers and consumers at large. Participation in TAG’s certification programs…
IT security experts are weighing re the new survey by HSB and Zogby this week, which finds that almost one third of US businesses have been breached in the last year. Key findings: third-party vendors and contractors are the leading risk factor for data loss (47%), followed by employee negligence (21%), and lost or stolen mobile devices (20%). Lisa Baergen, APR, MCC, Marketing Director at NuData Security Inc.: “Fraudsters and organized criminal organizations are increasingly adept at leveraging a company’s valuable data for ransomware and other types of attacks. Moreover, stolen identity sets are usually sold to other cybercriminals and used for a myriad of…
F5 Labs today released a new report, Lessons Learned from a Decade of Breaches, which researches 429 breach cases spanning 12 years, 37 industries, and 26 countries to discover patterns in attacks that lead to impactful incidents or breaches. The data shows: Collectively, attackers started either directly at the web application or attacked a user for their identity in 86% of the cases. o Applications were the first target in 53% of the cases Web application vulnerabilities were the number one root cause of the breaches analyzed at 38% of the total. Vulnerable forums installed on applications are the #1 root cause of application attacks…
Every business needs to be secure whether it is big or small. It is important to have a security plan in place so that you can prevent incidents that can damage your business. Why is a Secure Building Important? A secure building will decrease the chance of security threats occurring. By having security procedures in place, you can avoid common threats such as robbery and damage to your property. By having a secure building you are also protecting your staff. You should keep your building and all its contents secure so you can also avoid any breaches in ICT. An…
News broke yesterday that “highly professional” hackers made off with around 4,700 Bitcoin from a leading mining service, a Bitcoin exchange has said.The value of Bitcoin is currently extremely volatile, but at the time of writing, the amount stolen was worth approximately $80m. IT security experts commented below. Dr. Richard Ford, Chief Scientist at Forcepoint: “Two Bitcoin thefts – Nicehash and the e-commerce driven Quant malware exploit – in the last four days and thieves are just getting started. In Forcepoint’s 2018 Security Predictions, we highlighted the risk of attacks against cryptocurrency. As Bitcoin values soar beyond US$15,000, its attractiveness to attackers will increase in proportion, both to hackers and nation-state level attacks. While the Bitcoin valuation…
Hackers will exploit broader entry points In the coming year, we will see the attack surface growing and evolving as technologies such as mobile communication, cloud computing, IoT and transportation continue to evolve with the digital transformation. In a connected world, there are potential entry points for hackers everywhere – from employees’ smartphones to the increasingly automated fleet vehicles. Attack capabilities have already evolved beyond traditional preventative and detection boundaries, regions and industries. And they are showing no signs of slowing down as hackers are looking to further exploit an attack surface that is becoming more horizontal. The major data…
A UK High Court has held a company liable for the actions of an employee that leaked employee data in an attempt to harm the employer. This is a precedent setting case as it was not found that the company itself was at fault for handling their data. With the onset of GDPR next year, this ruling could signal the way the court would rule in other cases regarding data breaches. Robert Capps, VP and Authentication Strategist at NuData Security commented below. Robert Capps, VP and Authentication Strategist at NuData Security: “This unprecedented ruling by the UK High Court is…