Vulnerabilities Exposed by Hacking Group W0rm

By   ISBuzz Team
Writer , Information Security Buzz | Jan 13, 2016 05:00 pm PST

Not sure if you’ve seen, but cloud software company Citrix has been hacked by an organisation called w0rm which exposed vulnerabilities in its network, allegedly for ‘altruistic’ reasons to raise standards of cybersecurity.

Tony Pepper, CEO, Egress Software Technologies said why companies need to protect all customer data, especially in the face of new penalties from the European Union.

[su_note note_color=”#ffffcc” text_color=”#00000″]Tony Pepper, CEO, Egress Software Technologies :

“Another week, another hack – and with well-known names such as TalkTalk and now Citrix hitting the headlines, it prompts questions about organisations’ ability to effectively deploy information security measures across their businesses. In particular, as the immediate reaction for many companies is to shore up their network defences,  they can often fail to apply the same attention to the complete lifecycle of the data they handle. The fact is, research shows humans remain the weakest link in the security chain – whether they are failing to update their computer with a new patch, clicking on a malicious phishing email, using non-secure file sharing and collaboration tools, or sending sensitive information in error by email. Employees are the greatest risk to businesses and their data. Furthermore, with new EU regulations now promising to enforce mandatory data breach reporting for all companies, with fines reaching 4% of global revenues for those found in breach, companies need to act now to protect all customer data or else face the consequences.”[/su_note]

[su_box title=”About Tony Pepper” style=”noise” box_color=”#336588″]Tony PepperCo-founder of Egress Software Technologies, Tony currently serves as CEO, overseeing all aspects of the business growth and innovation. Prior to Egress, Tony held executive management positions at Reflex Magnetics, Pointsec Mobile Technologies, and Check Point Software Technologies. A frequent technology speaker Tony holds a Bachelor of Politics degree from Nottingham Trent University, a Software Engineering Master’s from Liverpool University and is a certified BCS Fellow. Tony sits on industry committees including Intellect’s Government Management and Defence & Security Groups.[/su_box]