15 Jan 2019

Average Cost of Cyberattack Now Exceeds $1 Million

According to new research by Radware, an average cyberattack now costs over $1 million. If only exact calculations of costs for organziations are taken into account and estimates are omitted, the average cost of an attack is $1.67M. The most reported negative consequences of suffering a cyberattack are operational disruption and

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14 Jan 2019

The Weaponization Of Artificial Intelligence

The rapid proliferation of Artificial Intelligence (AI) technologies has spawned an AI arms race that makes the weaponization of AI seem inevitable. However, Jayshree Pandya, CEO of Risk Group LLC, argues that the development of autonomous weapons systems (AWS) will have serious implications that extend beyond national security and international conflict,

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14 Jan 2019

Filled with malware, phishing and scams, does the web need a safety manual?

Cybercrime is a booming economy estimated to cost the world $600bn per year. Naturally, the rise of cybercrime is connected to the ever-increasing importance of the Internet in modern life. However, one major reason for the success of cyber criminals is the fact that very few people receive proper security

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14 Jan 2019

Most of the world’s businesses are unprepared for grim reality of cyberattacks

A new report by PwC among 3,000 business leaders across 81 territories shows that a majority of organizations worldwide are falling short when it comes to their resilience against cyberattacks. Only 39% of the respondents in the survey were confident about the cybersecurity controls in place in their firm. Just about half

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14 Jan 2019

NASA internal app leaked employee emails, project names

A NASA server running Jira, an application used by the space agency to track internal bugs for apps and projects, was leaking sensitive information including staff usernames, names and project names last year. Bug hunter Avinash Jain detected and reported the issue in early September 2018, but NASA only fixed the

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11 Jan 2019

I Gave a Bounty Hunter $300. Then He Located Our Phone

Joseph Cox of Motherboard has conducted an investigation into the sale of access to customers’ location data by the telecommunications companies T-Mobile, Sprint, and AT&T. The researcher claims to have found evidence showing that the sensitive information is being resold to dubious actors. Among the parties obtaining unauthorized access to the location

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11 Jan 2019

TLS Certificates for Many .gov Domains Not Renewed Due to Government Shutdown

Internet services company Netcraft warns that the ongoing US Government shutdown is putting Internet users at risk. The shutdown, which began three weeks ago, has prevented the renewal of TLS certificates for more than 80 .gov websites. Netcraft’s Paul Mutton explained that “[m]ost of the affected sites will display an

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11 Jan 2019

CVs containing sensitive info of over 202 million Chinese users left exposed online

Once again a security research has discovered an unsecured database that left sensitive information affecting millions of people exposed online. Instances like this are increasingly common since more and more organizations are storing data online, quite often without following proper security practices. In this case, Bob Diachenko of Hacken Proof

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11 Jan 2019

Consumers Demand Security from Smart Device Makers

The security of connected devices, or the lack thereof rather, is one of the biggest cybersecurity issues right now. Gartner predicts the Internet of Things (IoT) will consist of 25 billion devices by 2021, most of which might be very easy to hack, if current trends are any indication. According

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10 Jan 2019

The government shutdown is catastrophic for US cybersecurity

The current US government shutdown caused by a conflict over the budget, and in particular by president Trump’s refusal to approve legislation to fund the government if it does not include $5 billion for a border wall with Mexico, is having an immediate negative impact on the country’s cyber defenses. However, the

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