Impersonation fraud has cost UK businesses £32million according to the National Fraud Intelligence Bureau Barclays has launched a new video to help its business customers stay protected from an increasing type of fraud impacting SMEs – email impersonation. The video shows how easily the scam can occur, when an imposter poses as an employee’s boss and demands an urgent transfer of money is made. The imposter has done their research on the business and, thanks to social media, knows the boss is on holiday making it a key time to strike. The employee, not knowing the importance of always checking…
ISBuzz Team
There were an estimated 3.6 million cases of fraud and two million computer misuse offences in a year, according to an official survey. The Crime Survey for England and Wales included the offences for the first time in its annual report, which covered the year to September. Tim Helming, Director, Product Management at DomainTools commented below. Tim Helming, Director, Product Management at DomainTools: “Unfortunately, these figures aren’t surprising and as the article states, if anything they may well be lower than the reality. Cybercrime has become democratized in that the tools and resources to carry it out are more prevalent, are easier…
From mobile phones to WiFi door locks and ingestible smart pills, connected devices that make up the Internet of Things are entering our offices, home, and even bodies at an astonishing rate. Such devices were once a distant figment of our imagination or something only dreamt up in a Sci-Fi film, but we’re quickly becoming dependent on them to track our exercise, unlock our homes, or diagnose our illnesses. IoT has added momentum to the consumerisation of IT, meaning employees now expect the workplace to be just as connected as their homes. In turn, remote work environments that offer more…
Passwords used by Donald Trump’s incoming cyber security advisor Rudy Giuliani and 13 other top staff members have been leaked in mass hacks, a Channel 4 News reveals. Kyle Wilhoit, Senior Security Researcher at DomainTools commented below. Kyle Wilhoit, Senior Security Researcher at DomainTools: “Unfortunately leaks that include identifiable information like emails and passwords are common and in many cases, can’t be avoided. In this case, the leaked email address appeared to come from a common social networking site. The issue isn’t necessarily about the passwords being leaked. The primary problem is password re-use between a social networking site, and say, some…
After multiple attackers hijacking MongoDB databases for ransom, Cryptzone, a provider of dynamic, context-aware network, application and content security solutions, suggests the attack will give start to much broader database attacks in 2017. Jason Garbis, Vice President of Products at Cryptzone commented below. Jason Garbis, Vice President of Products at Cryptzone: “The MongoDB ransom attack is just a precursor to the much broader database attacks we’re going to see in 2017. Now that attackers understand how easy this is, any unsecured database is going to be attacked and compromised – for some malicious combination of disruption, ransom, and disclosure. “We’ve already seen this begin to…
Following the report from Cyber Squirrel 1, that suggests squirrels are a bigger threat than hackers to critical infrastructure. Edgard Capdevielle, CEO at Nozomi Networks commented below. Edgard Capdevielle, CEO at Nozomi Networks: “The Cyber Squirrel 1 project, by capturing the imagination, draws attention to an important issue – that critical infrastructure is under constant threat of disruption. “While the image of rogue squirrels storming a nuclear power plant is amusing, the scale of the threat they pose is relatively tame. According to Cyber Squirrel 1, having tracked 1,700 animal related outages, just 5million people were affected – a crude calculation…
Leading VMaaS Provider Solves False Positives Dilemma Plaguing IT San Antonio, TX. Digital Defense, Inc., a leading provider of Vulnerability Management as a Service (VMaaS™), today announced that Frost & Sullivan identified Digital Defense’s patented scanning technology as the best in the industry, according to its recent Vulnerability Management (VM) Global Market Analysis. “The enterprise network undergoes significant changes over time including OS updates, internal server array configurations, and regroupings of user asset groups,” said Chris Kissel, senior industry analyst, information & network security at Frost & Sullivan. “If a vulnerability management vendor does not account for fluid changes in the network,…
Email encryption is a “critical” or “very important” business priority for 53 percent of organizations, despite only being used “extensively” by 40 percent of organizations. The findings, published in a market research survey on behalf of Echoworx by Osterman Research, suggest the technology’s stock among business leaders is increasing, but perception issues over ease of use still remain. The study, titled “Enterprise Encryption and Authentication Usage: A Survey Report,” polled the views of almost 165 IT decision makers and influencers, managing on average 14,000 email users per organization, to assess the adoption of encryption in the context of email, file sharing and…
In the past few hours, the Office of National Statistics has released its latest crime report, revealing that fraud now accounts for nearly one in three of all crimes committed, making it the country’s most common offence. It is estimated there were 3.6 million cases of fraud in a single year. Nick Brown, group managing director of identity data intelligence company GBG commented below. Nick Brown, Group Managing Director at Identity Data Intelligence Company GBG: “These figures illustrate just what a booming business fraud has become. It’s sadly got to a point that you have to assume your identity, at some point, will be compromised.…
Following the news that Passwords used by Donald Trump’s incoming cyber security advisor Rudy Giuliani and 13 other top staff members have been leaked in mass hacks, a Channel 4 News investigation has revealed.IT security experts from Tripwire and Comparitech.com commented below. Dwayne Melancon, CTO at Tripwire: “Breaches like these – and the associated list of simple passwords – underscore the need for two-factor authentication on sensitive accounts, such as the email accounts of public figures. Two-factor authentication, along with periodic password changes, greatly reduces the likelihood of a successful compromise even if someone gains access to your password. Two-factor authentication also mitigates much…