22 Mar 2019

Five Tech Trends Driving Cybersecurity In 2019

Cybersecurity is key to the top technology trends that are reshaping the digital era. Bob Bruns of Forbes Technology Council believes that the following five technology trends will be especially important in the context of cybersecurity this year: Analytics And Automation – The rapid development of artificial intelligence (AI) technologies

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22 Mar 2019

UK Police Federation Hit by Ransomware

No organization is safe from cybercrime, including the police. Earlier this month, the UK’s Police Federation of England and Whales (PFEW) was targeted in a ransomware attack. After a system alert notified the PFEW of an ongoing attack at the department’s Surrey headquarters, it quickly isolated the infection, thereby preventing

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22 Mar 2019

Astronomical costs, geopolitical headaches: Telecom fraud is too big to ignore, report says

A new report by Europol and Trend Micro on international telecommunications fraud shows that this category of fraud, which covers both consumer and corporate scams, not only costs more than €29 billion (around $33 billion) every year, but also leads to major headaches for consumers, companies and law enforcement. The

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22 Mar 2019

Nokia firmware blunder sent some user data to China

An investigative report by Norwegian broadcaster NRK discovered that due to a coding error, certain Nokia smartphones have been collecting sensitive user data and sending it to a server in China belonging to China Telecom. The information included GPS coordinates, network information and the phone’s serial and SIM card numbers.

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22 Mar 2019

Facebook Stored Hundreds of Millions of User Passwords in Plain Text for Years

Once again Facebook has made the headlines due to a privacy snafu. This time, it was revealed that the company stored between 200 million and 600 million plain text user account passwords for years. The oldest password archives were from 2012. The plain text passwords were accessible to over 20,000

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21 Mar 2019

The Air Force wants to start a new $35M offensive cyber program

US Air Force documents show that the army branch aims to launch an offensive cybersecurity program to “deliver operations-ready cyberspace superiority capabilities through the research, development, testing, evaluation, accelerated prototyping, demonstration and fielding of cyber technologies and capabilities.” The $35M program should enable Air Force personnel “to operate in and

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21 Mar 2019

Cyber-espionage warning: Russian hacking groups step up attacks ahead of European elections

Security researchers with FireEye are warning that hacking groups supported by the Russian government have already launched attack campaigns in Europe in an attempt to disrupt the elections for the parliament of the European Union (EU), which will take place in May. Russian advanced persistent threat groups including APT28 (aka

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21 Mar 2019

Insider Threats Pose Biggest Security Risk, Bettercloud Report Reveals

A new report by BetterCloud highlights the massive threat that malicious or negligent insiders pose to organizations. According to the study, a whopping 91% of IT/security experts believe insider threats put their organization at risk, with a small majority of respondents (62%) considering negligent employees to be a bigger threat

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21 Mar 2019

Global security spending to top $103 billion in 2019, says IDC

New IDC data confirms the global trend toward increased cybersecurity spending. The IDC projects spending to reach $103 billion this year, which would represent a 9.4% increase, the bulk of which is due to expanded security budgets at companies with over 500 employees. Between 2018 to 2022, spending is expected

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21 Mar 2019

Latest tactics used by cybercriminals to bypass traditional email security

New research by Barracuda sheds light on the evolving strategies used by cybercriminals in email-based spear-phishing attacks. The report distinguishes between three types of spear phishing: brand impersonation attacks, business email compromise (BEC) and extortion. Brand impersonation is the most popular strategy by far, accounting for 83% of attacks. Extortion

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