Black Friday (25th Nov) and Cyber Monday (28th Nov) are two of the biggest shopping days of the year which means fraudsters will be hard at work. Cybercrime prevention company ThreatMetrix is predicting 6.5 million cyber attacks on UK retailers this week. So how retailers prepare for the likely surge in cyber attacks this Black Friday? IT security experts from Redscan, AlienVault and Lieberman Software commented below. Leon Pinkney, SOC Services Director at Redscan: “Preparation for the busiest trading time of the year requires planning all year round. Retailers that fail to prioritise network management and regularly assess cyber defences leave themselves overly exposed to outside risks. To avoid any unpleasant surprises,…
ISBuzz Team
Anyone that works in IT security will be aware of two things – that human error remains one of the biggest contributors to data breaches within an organisation and that senior executives can be among the worst offenders. This is problematic for several reasons. Firstly, the information and data shared and discussed during a board meeting is arguably the most private a business will have. They could involve complex and confidential financial matters and even the future strategy of that organisation, information that should it fall into the wrong hands, would be highly damaging. Furthermore, it means that security is…
New recommendations for IoT security, interoperability and policy were just issued by the Broadband Internet Technical Advisory Group (BITAG), which was founded in 2010 by Google, Intel, Microsoft, Verizon, Comcast, Time Warner Cable and other tech industry giants. Specific guidelines address security & cryptography best practices; restrictive vs. permissive communication; disruption and cloud back-end failure continuity requirements; addressing, naming and privacy; supply chain responsibilities, and other key issues. IT security experts from Rubicon Labs and Synopsys Software Integrity Group commented below. Rod Schultz, VP of Product at Rubicon Labs: “These recommendations by BITAG are comprehensive and insightful, but proposed recommendations that don’t have a carrot or a…
Following the news that a group of renowned computer scientists and lawyers have urged HillaryClinton to challenge the election results in three key states after they gathered “evidence” to suggest the election results were potentially manipulated, Cris Thomas, strategist at Tenable Network Security commented below. Cris Thomas, Strategist at Tenable Network Security: “The recent allegations of voting impropriety by high profile voting right attorneys and computer scientists are alarming. However, so far no actual evidence of voting computer hacking has been presented. The group has stated that they will release their eighteen page report on Monday, giving everyone a long holiday weekend to…
Last year, more than 40 million retail records were lost or stolen. And the recent Beyond the Phish Report revealed users in the retail industry incorrectly answered nearly 40% of questions about properly securing and disposing of sensitive data. Retailers have placed an increased focus on securing customer records and reducing breach incidents following major industry breaches in 2014. However, retailers are in a unique situation from other industries when it comes to security breaches. Yes, it is damaging to the brand; however, history shows us that after the media coverage subsides consumers will continue to shop at these locations after a…
Deliveroo customers have been the victim of a hack using stolen passwords from previous breaches. This is indicative of the “domino effect”, where cybercriminals are leveraging breaches from one organisation to gain access to the next and so on. IT security experts from SailPoint, ESET, Netskope, Ping Identity, AlienVault, Lieberman Software, NSFOCUS and Kaspersky Lab commented below. Kevin Cunningham, Founder and President at SailPoint: “This illustrates an interesting ‘chaining’ or ‘domino effect’ that data breaches can have across multiple organisations. “Identity has become the new attack vector. And hackers are all over that fact – finding those orphaned accounts to grab and…
FDIC-ensured bank accounts typically cover up to $250,000, so you probably feel like your money is secure within these banking institutions. However, a single hacker can drain your bank account and leave you with a serious headache as you piece your financial life back together. If you understand the current schemes and hacks these digital thieves run, you can take action to protect yourself. Here’s a look at the most recent scams hackers use and how to safeguard your finances: Conceal Your PIN A simple way identity thieves can steal your debit PIN is with infrared technology. When you use…
Following the news that spammers are using Facebook instant messaging to spread Locky ransomware, Dr Malcolm Murphy, Technology Director, Western Europe at Infoblox commented below. Dr Malcolm Murphy, Technology Director, Western Europe at Infoblox: “Ransomware has certainly been a dominating trend in cyber in 2016, with the Infoblox DNS Threat Index reporting a 3,500 per cent increase in domains that either hosted or communicated with malicious ransomware downloads was recorded in the first quarter of the year. While the malware certainly poses a threat to consumers and their personal data, the risk to businesses and public services is far greater. The case of the LA hospital…
Endpoint threat detection and response capabilities are now an essential component of any enterprise security solution. The tipping point that led to the evolution of endpoint security and the move away from pure blacklisting and signature-based technology was the series of large and high-profile attacks in the recent past involving top brands such as Target, Home Depot, and Sony. The benefits that continuous visibility into all data activity bring, make endpoint detection an unavoidable part of your security regime. You can compare EDR with a surveillance camera in a bank ATM or a supermarket floor. It solves the modern security…
Cybersecurity Ventures has published the Q4 2016 edition of the Cybersecurity 500, a global compilation of leading companies who provide cybersecurity solutions and services. The entire list can be seen at http://www.cybersecurity500.com Worldwide spending on cybersecurity products and services is forecast to eclipse $1 trillion for the five-year period from 2017 to 2021,according to the Cybersecurity Market Report, published quarterly by Cybersecurity Ventures. There are many new entrants as well as M&A, investment and IPO activity, that is constantly changing the vendor and service provider landscape. The Cybersecurity 500 creates awareness and recognition for the most innovative cybersecurity companies – ranging…