A survey of security executives at 275 global banks revealed that 78% were confident in their overall cyber security strategy. More than half (51%) said they would be able to identify the cause of a breach, 51% said they could measure the impact and 50% said they could manage the financial risk caused by a cyber security event. Robert Capps, VP of Business Development at NuData Security commented below. Robert Capps, VP of Business Development at NuData Security: “Banks are under a barrage of attacks every day and although this sector has made great strides, their ability to detect a breach and take immediate…
ISBuzz Team
ICS-CERT has issued an alert for BrickerBot, a malware which exploits hard-coded passwords in IoT devices in order to cause a permanent denial of service attack. These attacks could pose a serious threat to Industrial Control Systems in critical infrastructure. Edgard Capdvielle, CEO at Nozomi Networks commented below. Edgard Capdvielle, CEO at Nozomi Networks: “BrickerBot is obviously a threat to OT systems. Should Industrial Control Systems (ICS) components to suddenly fail without warning, the effects could be significant. Industrial automation systems could experience abnormal behavior or event outages. In addition, identifying issues, fixing them, and getting systems back up and running could…
There’s a real buzz in the industry around artificial intelligence, machine learning, automated network monitoring and user and entity behaviour analytics (UEBA) at the moment. Artificial intelligence (AI) is not a new concept, but it appears that the mere mention of it conjures up an immediate element of fear amongst many. The reality is that AI and skilled individuals can be combined to create the most important aspect in an organisation’s defence in the war on cybercrime and here’s why. More on User and Entity Behaviour Analytics (UEBA) UEBA uses advanced analytics to baseline network activity to identify malicious behaviour…
Revolutionary Consolidated Security Platform Delivers Unprecedented Threat Prevention to Networks, Cloud, and Mobile SAN CARLOS, CA – Embargoed until, Check Point® Software Technologies Ltd., today introduced Check Point Infinity, a revolutionary cyber security architecture designed to meet the critical security needs of enterprise organizations. Check Point Infinity is the first consolidated security across networks, cloud, and mobile, providing unparalleled threat prevention to keep customers protected against the growing number of cyber-attacks. “Check Point Infinity is the culmination of our overarching vision to build a security architecture that unifies the best security, the best intelligence and the best management that we can offer across networks, cloud…
The tax season is when the scammers are in full swing. Over $50 million worth of tax fraud has happened since 2013, as reported by The U.S. Treasury Inspector for Tax Administration. And unfortunately it looks like it is only going to get worse. According to the warning issued by the IRS, the W-2 email phishing scam has grew past the corporate world. Not only is the scam scattering, but there are more intelligent ways coming up to spur the criminalpockets with even more stolen money. Cybercriminals are using severaldeceivingmethods to generate fake emails appear to be from an executive…
Following the news that a Mercedes car has been stolen via the use of a laptop to hack the car keys, Colin Bull, Principal Consultant Manufacturing and Product Development at SQS commented below. Colin Bull, Principal Consultant Manufacturing and Product Development at SQS: “The news that a Mercedes has been stolen using a laptop to hack the car keys is not a unique incident. It is clear there is an inherent lack of security present in this kind of technology and it seems that hackers have identified and are now exploiting using the signal emitted from the device. The keys use a transmitter…
Boston, MA. Rapid7, Inc. (NASDAQ: RPD), a leading provider of analytics solutions for security and IT operations, today released its first threat intelligence report, an analysis of threats faced by organisations in Q1 of 2017. Designed to provide a clear picture of the threat landscape and share key learnings on threat types by industry, the report also provides a glimpse into a day in the life of an incident responder. Rapid7 believes that collaboration and information sharing is critical to solving today’s complex security challenges. With the passage of the Cybersecurity Information Sharing Act (CISA) in late 2015, the private and public…
The Government has surveyed UK businesses to find out how they approach cyber security. The 2017 survey again highlights that virtually all UK businesses covered by the survey are exposed to cyber security risks. Since 2016, the proportion with websites (85%) or social media pages (59%) has risen (by 8 and 9 percentage points respectively), as has the use of cloud services (from 49% to 59%). This year’s survey also establishes that three-fifths (61%) hold personal data on their customers electronically. In this context, three-quarters (74%) of UK businesses say that cyber security is a high priority for their senior…
Payment card-stealing malware has struck about 1,200 of InterContinental Hotels Group’s franchisees’ properties affecting popular brands like Holiday Inn, Holiday Inn Express, Hotel Indigo, Crowne Plaza, Candlewood Suites and Daybridge Suites. IT security experts from OwlDetect and ViaSat Europe commented below. Professor Richard Benham, Security Advisor at Online Service OwlDetect: “Holiday Inn and Crowne Plaza are two hugely popular chains among both holidaymakers and business travellers, so it’s more than likely there will be concerned customers out there. “Holidays are after all meant to create happy memories, but this hack has placed customer bank details, email addresses and full contact details at risk. However,…
Following the news that CIA are in the midst of a search for an insider who is suspected to have leaked last month’s information to Wikileaks. The agency said the material was stored in a highly secured location but that hundreds of people would still have had access. Piers Wilson, Head of Product Management at Huntsman Security commented below. Piers Wilson, Head of Product Management at Huntsman Security: “Whether individuals view this as the righteous act of a whistle-blower and a victory for free speech, an act of blatant treason, or something in-between, at its heart it is a failure of…