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Home - Archives for ISBuzz Team - Page 607

ISBuzz Team

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KASPERSKY LAB: Changing Behaviours Move Cybercrime Goalposts

ISBuzz TeamOctober 24, 20174 Mins Read

Changing Behaviours Move Cybercrime Goalposts: Increased Mobile Device Usage and Risks to Older Users, Among Key Findings of Kaspersky Lab Index for H1 2017 Shifting Internet usage habits, an overreliance on mobile devices and a blasé attitude towards device security have been highlighted as key cybersecurity impact areas in Kaspersky Lab’s latest Kaspersky Cybersecurity Index – an aggregate of indicators designed to reflect the changes in Internet users’ behaviours and the risks they face. In the first half of 2017, the Index revealed that users are increasingly going mobile, that elderly users face an increasing level of online hazards, and that there…

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Google Introduces Advanced Protection Feature

ISBuzz TeamOctober 24, 20172 Mins Read

It has been revealed that search engine giant Google has introduced an even more secure login process for users who are at high risk of online attacks. The new Advanced Protection feature focuses on defending against phishing, accidental sharing, and fraudulent access to accounts. IT security experts commented below. Javvad Malik, security advocate at AlienVault:  “We live in a time where even consumers or individuals need to protect their online identities and assets with the same rigour as enterprises. A hijacked email account for some can have grave consequences. This is a very positive and reassuring step taken by Google,…

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Child Smartwatches Vulnerable To Hacking

ISBuzz TeamOctober 24, 20171 Min Read

Tony Rowan, Chief Security Consultant at SentinelOne: “This is a classic example of the “internet of things’ effect. A person gets a bright idea (and the core idea in this case is a good one) but then sets about creating the functional specification without fully thinking out the non-functional requirements including security.  Yet again, security is an afterthought rather than something that has been baked-in from the very inception of the product.  In doing so, these first versions of the child safety “smart” watches have potentially added to the problem rather than helping to solve it. It’s clear to me…

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The Media Trust Comments On Hacked Websites Spreading Fake Adobe Plugins

ISBuzz TeamOctober 24, 20171 Min Read

Security researchers have discovered a new Android ransomware that is being spread through hacked websites as fake adobe plugins. The ransomware called DoubleLocker secures administrative permissions from the victim and then can change the device’s PIN encrypting the data which makes it nearly impossible for victims to access their data without paying a ransom. Chris Olson, CEO at The Media Trust commented below. Chris Olson, CEO at The Media Trust: “In today’s digital economy, cybercrime pays. Until someone is able to successfully prosecute this activity it will continue to be a lucrative prospect with little downside for the perpetrators. It’s…

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Online Bank Fraud Schemes Evolve Too Quickly To Stop, Says Survey Of US Banks; Just 13% Catch In Real Time

ISBuzz TeamOctober 24, 20176 Mins Read

IT security experts commented below on the new “2017 Faces of Fraud Survey” of US banks and financial institutions issued today by ISMG Research & VASCO Data Security. Among the study’s findings: a majority of respondents believe today’s fraud schemes are too sophisticated and evolve too quickly to keep pace; just 38 percent of those responding have high confidence in their institution’s ability to detect and prevent fraud; and only 13 percent of respondents believe their organization is identifying fraud in real time. Avivah Litan, VP and Distinguished Analyst at Gartner Research:  “I’m encouraged by the advances in and fine-tuning of machine learning models and other forms of advanced analytics being applied…

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ONS: Cybercrime Down But Identity Still Focus Of Attack

ISBuzz TeamOctober 24, 20172 Mins Read

Following this morning’s crime figures announcement from ONS, statistics on computer misuse indicate a decline from last quarter. Mark McClain, CEO & Co-Founder at SailPoint commented below. Mark McClain, CEO & Co-Founder at SailPoint:  “The decrease in cybercrime cases demonstrates the beginning of an advantageous trend for the UK’s digital landscape. “It is imperative that businesses continue to make proactive changes to their data protection strategies. This ensures that greater security obligations are met, in line with the UK government’s more hands-on approach to cyber security. “The National Cyber Security Strategy published by the Government last year lays out the vision…

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Fear The Unknown?

ISBuzz TeamOctober 24, 20175 Mins Read

Should we fear the unknown and uninvited entering our home and business? Should we block them from access to what we value and are sworn to protect, at least until we can be confident they are not a danger?  Do you do this today? In IT, this is called taking a “default deny security posture,” and while it is strongly recommended by virtually every analyst and expert in the industry, it is only practiced by two groups today: A tiny subset of defense, intelligence, and hyper security-conscious organizations Businesses and organizations with a mechanism to keep their business moving efficiently…

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A Number Of IoD Members Have Never Heard Of GDPR

ISBuzz TeamOctober 24, 20171 Min Read

It has been revealed that nearly a third (30%) of UK business leaders have never heard of the GDPR, although those that are aware of the new regulation seem to progressing well on compliance, according to new research from the Institute of Directors (IoD). Javvad Malik, Security Advocate at AlienVault commented below. Javvad Malik, Security Advocate at AlienVault: “This is quite a concerning statistic. While one can understand if the general public is not aware of the upcoming regulation; it is incumbent upon company directors to be aware of their, and their partners responsibilities to GDPR. GDPR is not just another technical or…

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EU Commission Encryption Information Sharing

ISBuzz TeamOctober 23, 20171 Min Read

Following proposals yesterday from the European Commission that member states should share encryption information to get around issues of encryption ‘backdoors’, Jon Fielding, Managing Director at EMEA Apricorn commented below. Jon Fielding, Managing Director at EMEA Apricorn: “I would feel extremely uncomfortable if governments were missioned to try and break into encrypted devices and communications.  The ability to keep personal and sensitive information private is a basic human right.  Further, if governments were able to build tools that managed to somehow work around encryption, I would then question whether they could protect them from reaching a wider audience.  We have already seen that the…

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Russia’s Plan To Launch Its Own Cryptocurrency, ‘CryptoRuble’

ISBuzz TeamOctober 23, 20171 Min Read

Andrei Barysevich, Director of Advanced Collection at Recorded Future commented below on Russia’s plan to launch its own cryptocurrency, ‘CryptoRuble’. Andrei Barysevich, Director of Advanced Collection at Recorded Future: “With the widespread introduction of supporting infrastructure only available to the government-backed cryptocurrency and swift oppressive regulations aimed at bitcoin and other blockchain currencies, the Russian government is frantically attempting to regain the control of the “runaway train” by introducing a legitimate alternative. However, Russian lawmakers seem to be missing the main point. Aside from criminals, the majority of the people purchase bitcoins, not because of convenience or anonymity, but rather…

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