CFOtech UK - Technology news for CFOs & financial decision-makers

Cybercrime stories - Page 19

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Unwanted cybercrime awards: Russia tops ‘dark web medals’ table
Wed, 28th Feb 2018
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email security
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cybersecurity
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dark web
RepKnight published an 'alternative olympics' medal table that details the countries that feature most heavily on the dark web - infographic included.
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CrowdStrike detail rise of state-sponsored attacks in new global threat report
Tue, 27th Feb 2018
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malware
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ransomware
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ai security
CrowdStrike's 2018 Global Threat Report spotlights the rise in state-sponsored cyber attacks, revealing a shift in how adversaries share and repurpose tactics.
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Cybercrime becomes most common form of fraud in UK
Tue, 27th Feb 2018
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cybersecurity
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pwc
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online fraud
PwC's study has found for the first time ever cybercrime has become the most common form of fraud with nearly a quarter resulting in a loss of £700k.
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Are UK councils prioritising data collection over security?
Fri, 23rd Feb 2018
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firewalls
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breach prevention
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cybersecurity
A slamming report found 1 in 4 UK councils experienced a security breach in the last 5 years and more than half didn't even report the incident.
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Kiwis' contradictory habits costing millions in cybercrime damage
Thu, 22nd Feb 2018
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cybersecurity
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symantec
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norton
New Zealanders lost more than $177 million to cybercrime last year but it seems people are not paying enough attention.
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Mandatory data breach law comes into force THIS Thursday - are you ready?
Wed, 21st Feb 2018
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breach prevention
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risk & compliance
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cybersecurity
Despite the imminent law with crippling fines that affects almost every significant sized AU business, a Canon study has found 3 in 5 are unaware.
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INTERVIEW: What Google’s decision to distrust Symantec certificates means
Wed, 21st Feb 2018
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devops
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apm
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cybersecurity
Last year Chrome announced a formal plan to remove trust from Symantec-issued certificates - Venafi's Walter Goulet discusses the implications.
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New malicious search engine trawls AWS servers for sensitive data
Sat, 17th Feb 2018
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datacentre infrastructure
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hyperscale
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public cloud
​As if it wasn’t easy enough already, the lives for hackers has just been made a lot easier with a tool that lays bare AWS S3 servers.
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Gartner provides 7 steps for dealing with Spectre and Meltdown
Fri, 16th Feb 2018
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iaas
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risk & compliance
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cybersecurity
​No doubt you’ve heard of Spectre and Meltdown before, given security researchers are calling them ‘catastrophic’ - here's Gartner's advice.
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New advisory platform finds 41m PDFs part of a cyberattack in last 3 months
Fri, 16th Feb 2018
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malware
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firewalls
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ransomware
Barracuda announced the availability of its new platform that provides advanced threat trends in real time - along with some shocking findings.
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67% of organisations say they're understaffed to handle cybersecurity
Thu, 15th Feb 2018
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partner programmes
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cybersecurity
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managed services
RiskIQ's survey paints a grim picture that forecasts a 'perfect storm' where the problem of staff shortages collides with escalating cybercrime.
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From Vietnam without love: Asia Pacific's next cyber attack hub
Wed, 14th Feb 2018
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cryptocurrency
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blockchain
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cybersecurity
Vietnam may be called the next Silicon Valley for its technology prowess, but for the first time it is now one of the top five cyber attack sources.
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Winter Olympics hacked: Was it just disruptive or something more sinister?
Tue, 13th Feb 2018
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cybersecurity
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cisco
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cybercrime
The Winter Olympics recently fell victim to a cyberattack which seemed to be just a disruption, but this expert says there could be more behind it.
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Cryptocurrency exchange says it lost $195m to hackers – but is it a scam?
Tue, 13th Feb 2018
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cryptocurrency
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blockchain
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cybersecurity
BitGrail wasn't known to many until last week when it announced it had been hacked, but many experts believe all is not as it seems.
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Apple says DON’T fear about leaked source code – experts say DO
Sat, 10th Feb 2018
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smartphones
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cybersecurity
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personal computing devices
After a critical source code for the iPhone was leaked online recently, Apple reassured there was nothing to fear but experts think otherwise.
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Survey finds businesses stung with $16m hidden cybersecurity costs every year
Fri, 9th Feb 2018
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malware
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cybersecurity
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av
New research from Bromium has found the hidden costs of 'detect-to-protect' security are immense with businesses being blindsided every year.
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Expert opinion: Three simple ways to prevent data loss
Fri, 9th Feb 2018
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encryption
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dlp
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breach prevention
IBM estimates the cost of a data breach is $3.62m, highlighting the importance of encryption - COMPAREX UK's expert on the matter provides his advice.
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Mega breach: 800,000 Swisscom customers’ data stolen via hacked partner
Fri, 9th Feb 2018
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breach prevention
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cybersecurity
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hackers
Experts say while Swisscom may be playing the huge breach down, the implications of the breach will be far and wide.
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Malicious Reddit clone fooling users into giving away logins
Thu, 8th Feb 2018
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martech
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cybersecurity
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software development
A simple typo is taking users to a seemingly secure Reddit clone that is actually stealing their login details - we have commentary from two experts.
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Personal details of 12,000 social media ‘stars’ leaked in avoidable breach
Tue, 6th Feb 2018
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breach prevention
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cybersecurity
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data breach
Octoly was informed of the exposed cloud repository on January 4th, yet the personally identifiable information was not secured until February 1st.