While big data scientists are often perceived as the key to unlocking the potential value of big data, research conducted by the University of Kent indicates a different view. Dr Maggie Zeng from Kent Business School, in collaboration with Professor Keith Glaister from the Warwick Business School, investigated the use of big data within five Chinese internet platform companies that have put big data at the heart of their operations. They interviewed 42 individuals in senior management positions, including CEOs, at these firms, as well as conducting 34 interviews with partner firms and third-party developers, who work with these companies, to…
ISBuzz Team
US nuclear plants have been breached by phishing attacks via malware-infested CVs. Fraser Kyne, EMEA CTO at Bromium commented below on this news. Fraser Kyne, EMEA CTO at Bromium: “Whether this creates a disaster such as a hazardous spillage or power outages for millions, or something less dramatic like a heap of business disruption for the plants that have been attacked, its clear security has to change. Once again, it is the end user that has been targeted with infected email attachments. This is a common theme in recent breaches. If you are a busy engineer, who is recruiting at the moment and get…
News has broken that the WWE has suffered a data breach, exposing 3 million wrestling fans’ personal details. IT security experts commented below. Zohar Alon, Co-Founder and CEO at Dome9: “S3 is one of the first AWS public cloud services, and has been a key driver of the cloud computing revolution since its introduction in 2006. Yet many users don’t fully understand how to configure S3 buckets to prevent accidental data exposure.” “Storing sensitive data in the cloud without putting in place appropriate systems and practices to manage the security posture is irresponsible and dangerous. A simple misconfiguration or lapse in process can…
Operators of critical infrastructure and manufacturing in the US have received a warning from The FBI and Homeland Security Department about cyber criminals targeting them. The cyber-attacks have been limited to administrative and business networks, but are ongoing. IT security experts commented below. Edgard Capdevielle, CEO at Nozomi Networks: “Targeting engineers with phishing messages is pretty straight-forward and, if successful, could be extremely damaging. In tandem, while air-gapping offered a degree of protection, the way our nuclear plants, and any infrastructure for that matter, is maintained today means this practice is defunct. We often see engineers ‘plugging’ in their own devices…
In a report about ongoing cyber-attacks on US critical infrastructure from the FBI and Homeland security secured by the New York Times, investigators reveal that in an effort to snag critical infrastructure operators, hackers would compromise legitimate websites that they knew their victims visited. Chris Olson, CEO at The Media Trust commented below. Chris Olson, CEO at The Media Trust: “The ability to hijack legitimate websites to execute individually-targeted malware attacks is easier than most IT/security professionals realize. The process to deliver customized, browser-rendered content–use of behavior profiles to recommend user-specific content–is the same one leveraged by bad actors to…
Following the news that Hackers have stolen Bitcoin funds from Bithumb exchange traders, Robert Block, Senior VP of Identity Strategy at SecureAuth commented below. Robert Block, Senior VP of Identity Strategy at SecureAuth: “This latest attack is troublesome on a variety of levels. Firstly, this continues to demonstrate the weakness associated with poor password hygiene especially when they are the only factor of authentication. If Bithumb had implemented adaptive authentication using layers such as device recognition and/or geolocation as part of the authentication process for its employees, this issue could have been avoided entirely as a second factor of authentication would have been introduced. Additionally, if identity-based threat services were…
In response to the revelation that the ‘Petya’ attack cost Reckitt Benckiser £100m, Wieland Alge, EMEA GM at Barracuda commented below. Wieland Alge, EMEA GM at Barracuda: “Reckitt Benckiser’s forecast £100m revenue loss as a result of the “Petya” cyber attack proves yet again that even seemingly untouchable commercial giants can feel the impact of a cyber attack deeply. Despite what people mistakenly assume, the true cost of a data breach extends far beyond remediation. According to the Ponemon Institute’s 2017 research, the average cost of a data breach is $3.62M globally. Our own research conducted earlier this year proved…
Today, Secure Swiss Data, a company that specializes in protecting corporate data and individual privacy through their encrypted email and file sharing services, is launching new feature for their Mobile Apps – sending fully encrypted attachments application. Every day we share our documents, photos and other files with each other, but the possibility that this data to be stolen makes us feel concerned. Every hour more than 228,405 data records are lost or stolen around the world. All files flow through the internet from one point to another. Hackers and governments usually get into this data by intercepting the connection…
Critical security controls continue to play crucial role in cybersecurity London, UK , Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organisations, today announced the results of a survey of 350 information security professionals that found 75 percent of respondents did not believe that buying every security tool available on the market would enable them to fully protect their organisations. The survey was conducted June 6-8, 2017, at Infosecurity Europe 2017 at the Olympia Conference Centre in London. Tripwire’s survey also found that nearly half of respondents (46 percent) had purchased security tools that failed…
To overcome the need for investigators to travel far and wide to gather evidence from infected computers after a cyberattack, a Kaspersky Lab expert has developed a simple tool that can remotely collect vital data without risk of its contamination or loss. Named BitScout, the tool can build a swiss-army knife for the remote forensic investigation of live systems and has been made freely available for all investigators to use. In most cyberattacks, legitimate owners of compromised systems fall victim to unidentified perpetrators. Victims usually agree to cooperate and help security researchers find the infection vector or other details about the…