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Home - Archives for ISBuzz Team - Page 593

ISBuzz Team

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Budget 2017

ISBuzz TeamNovember 27, 20171 Min Read

Following this afternoon’s Budget, Robert Weideman, Executive Vice President & GM, Nuance Communications commented below.  Robert Weideman, Executive Vice President & GM at  Nuance Communications:  “We support any government initiatives to superpower innovation within British industry – with artificial intelligence (AI) set to play a key role in spearheading business growth. “From automating processes to providing personalised services, AI is already delivering demonstrable value to businesses today, and has the potential to transform industries, job roles and the very way we communicate with brands tomorrow. With brands already investing in AI-powered virtual assistants, technology is in place that is geared to mimic human interaction…

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The Chronicles Of Data Crime

ISBuzz TeamNovember 27, 20174 Mins Read

Trust is the lifeblood of customer confidence and the foundation to build a solid brand reputation. In recent times, organisations have experienced dramatic digital transformations against an emerging threat landscape. During the past year, 4,149 data breaches compromised more than 4.2 billion records, smashing the previous all-time high of around 1 billion exposed records in 20131. So, what must organisations do to ensure data security and gain customer trust? Securing the digital door Data integrity relies on robust security and systems to allow only authorised persons to gain access to services. Control is fundamental to prevent breaches to the network.,…

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Millions Of Spam Emails Found Carrying SCARAB Ransomware

ISBuzz TeamNovember 27, 20171 Min Read

It has been discovered that Necurs, the Internets largest email spam botnet, has been pushing over 10 million spam emails carrying a ransomware strain known as Scarab. Scarab was first discovered in June and it is thought a new variant of the malware has been circulated. Chris Doman, Security Researcher at AlienVault commented below. Chris Doman, Security Researcher at AlienVault:  “The Necurs bonnet has been one of the largest since it’s initial inception in 2012. It’s commonly used by very organised criminal gangs, such as those behind Dridex and Locky. Thankfully Scarab is already well detected by most anti-virus and…

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Cyber Monday from Mindtree

ISBuzz TeamNovember 27, 20171 Min Read

With Cyber Monday fast approaching, retailers need to ensure that they are prepared to attract customers to shop online. Anil Gandharve, VP & Global Head of Retail, CPG & Manufacturing, Mindtree commented below how can create a personalised shopping experience that will retain and attract customers.  Anil Gandharve, VP & Global Head of Retail, CPG & Manufacturing at Mindtree: “UK consumers are set to spend billions on Cyber Monday; the busiest online shopping day of the year. However, for retailers to stay ahead of the competition, they must ensure they are offering customers a tailored shopping experience. Creating a personalised customer journey across channels…

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UK Warning About Critical Infrastructure Under Attack

ISBuzz TeamNovember 22, 20172 Mins Read

The head of the UK National Cyber Security Centre (NCSC) – Ciaran Martin will give a report today that reveals that critical infrastructure such as energy plants, communication channels, media platforms and all other critical infrastructure are being probed for vulnerabilities 24×7. He will also report that there are forces working to undermine the international system. Andrea Carcano, Founder and Chief Product Officer at Nozomi Networks commented below. Andrea Carcano, Founder and Chief Product Officer at Nozomi Networks: “Today’s warning from Ciaran Martin reaffirms what many in the security sector have been saying – our critical infrastructure is being targeted by attackers. The…

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Uber Hack

ISBuzz TeamNovember 22, 201718 Mins Read

News broke overnight that the ride hailing giant Uber have disclosed a data breach that they previously attempted to cover up, taking place in 2016. The breach involved the data of 57 million users being stolen, and the company subsequently paying hackers £75,000 to delete the data. IT security experts commented below. Zohar Alon, Co-Founder and CEO at Dome9: “This is yet another case of user error trumping the best security measures readily available today. For an organization as large as Uber, this is inexplicable. There are tools available right now within GitHub that automatically check code for embedded access credentials such…

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‘Final FantasyF XIV’ Japanese Data Centers Under DDoS Attack

ISBuzz TeamNovember 22, 20171 Min Read

Another major distributed denial of service (DDoS) attack hit ‘Final FantasyF XIV’ Japanese Data Centers. At the moment, Square Enix, the Japanese video game developer, said that it’s aware of the problem and is “taking countermeasures.” The company said that it will provide additional updates when more information becomes available. Sean Newman, Director at Corero Network Security commented below. Sean Newman, Director at Corero Network Security: “Any organisation built around the supply of online services is now, more than ever, at significant risk of business-damaging impact from DDoS attacks – online gaming sites are a prime example of this. DDoS…

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Equifax Hits Back At Cybersquatters

ISBuzz TeamNovember 22, 20171 Min Read

News broke yesterday that Equifax have gained control of 138 domain names, registered by cybersquatters in the wake of their now-infamous data breach, in order to try and lure customers away from their legitimate ‘Equifax Security’ site for a variety of potentially concerning reasons. Tim Helming, Director of Product Management at DomainTools commented below. Tim Helming, Director of Product Management at DomainTools:  “This is a win for consumers who otherwise might have been defrauded by the illegitimate sites. It also underscores how important it is for companies to take action against cybersquatters through takedowns such as this one. More and more organizations are also proactively monitoring registrations of…

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Interview: PCI DSS – The Present And Future

ISBuzz TeamNovember 22, 20175 Mins Read

Stuart spoke to Morgan Reed at NNT regarding the current state of the PCI DSS and what the future holds for one of the most widely-implemented cyber security standards. “Thanks for taking the time to talk to us today Stuart. I wanted to begin by asking you what’s the current state of play with PCI DSS? I recently read the 2015 Verizon report on PCI Compliance which suggested that 80% of merchants overall do not meet PCI DSS requirements. There was also a study by the Merchant Acquirers Committee that showed more than 30% of Level 1 Merchants are not…

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Water, Electricity & Gas Most Likely To Suffer A Cyber Attack

ISBuzz TeamNovember 22, 20173 Mins Read

In light of Critical Infrastructure Security and Resilience Month and with the threat of a cyber attack against Critical National Infrastructures (CNI) growing, Tripwire, a leading global provider of security and compliance solutions for enterprises and industrial organisations, conducted a poll to learn what services the public thought would be most likely to have an outage as a result of a cyber attack. The majority of respondents (47%) believed that water, electricity & gas utilities were the most likely CNI to be disabled due to a successful hack. Twenty-two (22) percent felt that transport would be the most susceptible to a power blackout following…

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