Daniele Màtyàs Tieghi, CTO and product manager at Mon-K Data Protection, discusses why businesses would be advised to reassess their data protection investments Over the last five years, companies have had to face increasing costs of cyberattacks and data breaches. In 2015, the cost of cyber attacks globally was $480 million (approx. £361 million). In 2016,...
The article Building security and privacy protection into a BYOD environment, by Alice MacGregor originally appeared on The Stack.
With General Data Protection Regulation (GDPR) just around the corner, businesses are eager to align their data protection strategies and do what they can to avoid the hefty fines associated with non-compliance. To be fully enforced from May 2018, the GDPR will mark the biggest ever shake-up in the data protection landscape and organisations, whether...
Banks have fallen victim to a series of targeted attacks by a Trojan called Silence, according to a report from Kaspersky Labs. The financial institutions affected have mostly been Russian banks, though organisations in Malaysia and Armenia have also suffered attacks. The Trojan is another version of an advanced persistent threat (APT) campaign; where the attacking...
Detection is more important than protection in cybersecurity, according to Microsoft UK CTO, Michael Wignall. Speaking at the Microsoft Decoded event in London, Wignall commented on the importance of security as an overarching necessity in order to work with new technology trends. Wignall stated that security systems should work on three fronts; protection, detection and...
The article Cybersecurity detection more important than protection, says Microsoft CTO, by Sam Clark originally appeared on The Stack.
Microsoft has dropped a lawsuit on data request rules that it took out against the U.S. Department of Justice (DoJ). The Washington based giant took issue with the use of secrecy orders, which meant that the company, and others like it, were prevented from informing its customers when the government requested information from them. The...
The article Microsoft drops secrecy order case as DoJ changes rules, by Sam Clark originally appeared on The Stack.
Cybersecurity firm Kaspersky Labs will be releasing its source code in an attempt to increase transparency following allegations about its connection to the theft of NSA files by Russian hackers. There have been various reports in the U.S. media, including major outlets such as the New York Times and the Wall Street Journal, stating that...
The article Kaspersky Labs to release source code to drive transparency, by Sam Clark originally appeared on The Stack.
Oracle has released an artificial intelligence (AI) based cloud security and management system, which will consist of a set of integrated suites including the Oracle identity security operations centre (SOC), and the Oracle management cloud. The system is intended to help businesses predict, reduce, detect, and resolve cybersecurity threats and assist in efforts to ‘remediate application...
The article Oracle releases AI-based cloud security and management suite, by Sam Clark originally appeared on The Stack.
An Irish High Court judge has referred a major data transfer privacy case to the European Court of Justice. The case involves Max Schrems, an Austrian lawyer known for his activism on data privacy, and Facebook, which carries out its European operations from Ireland. This is not the first time Schrems has challenged the social...
The article Max Schrems data transfer case passed to European Court of Justice, by Sam Clark originally appeared on The Stack.
Ransomware is seen as something of a revolution in the security community. Rather than stealing and selling confidential files and information, the attackers rely on the average user’s propensity not to backup files properly, and their fear of not being able to access critical information. It further introduces the idea of user experience into the...
Earlier this week I wrote about how an evolution, built on the shoulders of the brightest and the best in the DevOps community, has overtaken the capabilities of established security practices. The piece got a lot of attention, and my already busy diary now has requests for me to come and speak at conferences about...
The article Why integration is key to effective security change, by Richard Morrell originally appeared on The Stack.
Rob Rae of Datto Inc gives his assessment on the current state of ransomware and the ways in which businesses, particularly SMBs, can face up to the threat Research that questioned more than 1700 managed service providers (MSPs), serving 100,000+ SMBs globally, has provided a number of unique insights into the state of ransomware in...
The article The swelling tide of ransomware and how to fight back, by Sam Clark originally appeared on The Stack.
Major global accountancy and consultancy firm Deloitte has become the latest victim of a cyberattack, resulting in the leak of personal emails and details of some of its clients. A Guardian investigation found that the New York-based firm became aware of the hack in March, but it is understood that officials within the company believe...
The article Deloitte cyberattack leaks emails and details of clients, by Sam Clark originally appeared on The Stack.
If you are a security type you couldn’t help but witness the recent calling out of Equifax’s CISO, Susan Maudlin, and her subsequent departure alongside the company’s CIO. While their parting was procedural and indeed predictable, there is a school of thought that says this was simply a knee-jerk reaction to shore up a tanking share...
The article The Equifax example: Bridging the gap between Security and DevOps, by Richard Morrell originally appeared on The Stack.
Ahead of his appearance at Cloud & Cyber Security Expo Asia, Dr Lee Hing Yan, executive vice president, APAC at the Cloud Security Alliance, discusses the major trends in cloud security, its impact on cloud adoption, and developments in the APAC region On the broad trends for cloud security in the coming year, Hing Yan...
An unsecured Amazon Web Services S3 server led to a data leak for Viacom, the world’s sixth-largest media company and owner of Paramount Pictures and television brands including MTV, Comedy Central, and Nickelodeon. The leak, discovered by security researchers from UpGuard, included a master provisioning server that was left accessible to the public internet, containing credentials...
The Stack’s resident security expert Richard Morrell recently visited squeaky clean Kensington to get his hands dirty with cybersecurity’s frontline troops at 44CON For those who don’t know what 44CON is, the show has grown become one of the cornerstones of the UK security and technology industry. It is truly about the security troops in the...
The article 44CON Insider: The importance of collaborative efforts in cybersecurity, by Richard Morrell originally appeared on The Stack.
The Singapore government has announced plans to boost investment in technology research in the city-state, through the National Research Foundation (NRF) and state sovereign fund Temasek. The announcement was made by Minister of Finance and deputy chairman of the NRF, Heng Swee Keat, at government-backed technology innovation conference SWITCH (Singapore Week of Innovation and Technology)....
The article Singapore boosts investment in deep-tech startups and research, by Sam Clark originally appeared on The Stack.
U.S. credit score provider Equifax has suffered a cyber-attack giving hackers access to the personal details of as many as 143 million people. The company revealed that ‘criminals’ exploited a website application vulnerability to gain access to files, between mid-May and July this year. The company discovered the breach on July 29th, meaning they waited...
The article Equifax data breach leaks 143 million U.S. customers’ personal information, by Sam Clark originally appeared on The Stack.
The western energy sector is being targeted by a sophisticated attack group with links to Russia, according to a Symantec report. The Californian security giant has pointed to a resurgence in attacks on the energy industry in Europe and North America, which it links to the re-emergence of cyber espionage group Dragonfly. The initial Dragonfly...
The article Cyber attack group with links to Russia attacking western energy sector, says Symantec, by Sam Clark originally appeared on The Stack.
Up to six million Instagram users may have had their email addresses and phone numbers made public following a data breach. What initially appeared to be a hack only affecting celebrities and verified accounts has been shown to have also affected many ordinary users. The breach initially came to prominence when Instagram’s most followed user,...
The article Up to six million Instagram accounts affected by data breach, by Sam Clark originally appeared on The Stack.