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New CPMI report claims that restoring payment systems after disruptive cyber-attacks could involve compromising analysis of incidents

15/04/202421/11/2014 by rbadmin

In the event of a cyber-attack what should be a business’ main priority? Should the enterprise prioritise restoring services or should it concentrate its efforts on reporting the cyber-breach? Well, that’s the dilemma faced by many businesses in the financial markets. But which priority should businesses concentrate their resources on? Well, according to a Committee …

Targeted cyber-attacks will continue to rise in 2015

15/04/202412/11/2014 by rbadmin

2014 will be remembered as a year where the cyber-threat landscape changed. Gone were the days when hackers launched random attacks against businesses in the vague hope that they might strike lucky. Instead they turned their attentions to targeted cyber-attacks against prominent retailers where the pickings were potentially rich. Successful mega-breaches/ intrusions against retailers like …

Up to 12 million users could have been hit by hack attack claim cybersecurity experts

15/04/202410/11/2014 by rbadmin

“Automated attacks began compromising Drupal 7 websites that were not patched or updated to Drupal 7.32 within hours of the announcement of SA-CORE-2014-005 – Drupal core – SQL injection. You should proceed under the assumption that every Drupal 7 website was compromised unless updated or patched before Oct 15th, 11pm UTC – that is 7 …

If you want to minimise cyber-threat put security systems in place which provide better protection, earlier detection and quicker recovery

15/04/202430/10/2014 by rbadmin

If you run your own business what gives you sleepless nights? What concerns or troubles you the most? Is it remaining competitive in a depressed market, or the struggle to access finance to fund expansion? Well, according to the latest HP-sponsored 2014 Ponemon Cost of Cyber-crime Study, the biggest worry for the majority of businesses …

Cyber criminals are targeting online transactions where the EMV standard still offers little protection, warns the head of PCI SSC

15/04/202423/10/2014 by rbadmin

Are you satisfied that your business’ PCI data security standards pass muster? Are you confident that the security standards you have put in place are robust and secure? Well, you may just have to reassess your strategy as this confidence isn’t necessarily shared by the body which administers the industry’s data security standard, the Payment …

The commercialisation of cybercriminality is making my job harder claims the Head of Europol’s Cybercrime Centre

15/04/202415/10/2014 by rbadmin

Here’s a question for you. Who is behind all the hacking and cybercrime that we read about in our newspapers every week? Who’s controlling the hackers? Well, according to Troels Oerting, Head of Europol’s Cybercrime Centre, it’s an exclusive bunch of malware programming specialists. They are, he believes, around a hundred of these individual, mostly …

Treasury Select Committee to investigate cyber-security threats to UK markets

15/04/202406/10/2014 by rbadmin

When J P Morgan announced in August that 1 million of its users’ bank accounts had been hacked by criminals, there was an outcry. Many security professionals understandably wanted to know why it had taken the bank 2 months to notify users about cyber-breach. They also wondered whether the bank might have been economical with …

Cyber-security experts predict that the latest Shellshock exploit could be much more damaging than Heartbleed

15/04/202429/09/2014 by rbadmin

Heard of Bash? If not, make note. Bash has been found to contain a critical remotely-exploitable vulnerability which has been discovered in many Linux systems as well as Apple’s Mac operating system. Bash – which stands for Bourne-Again Shell – is a command prompt on many Unix computers. Unix is an operating system on which …

Cyber-crime costs the North West businesses £107 million a year claims Lancaster University report

15/04/202418/09/2014 by rbadmin

Do you run a small or medium-sized business in the North West? Are you not particularly concerned about the growing threat of cybercrime? Well, if the findings of a study commissioned by Lancaster University, an EPSRC-GCHQ Academic Centre of Excellence in Cyber-Security Research, prove to be correct, you should be. The report which looked at …

Global bank database may prove to be too tempting a target for hackers and cyber-criminals claims ex-GCHQ director

15/04/202415/09/2014 by rbadmin

What’s the biggest risk to the security of the financial services sector? Is it the threat of cyber-attack by unscrupulous hackers? Well – yes and no. Obviously financial institutions are at risk from hackers and are therefore taking the necessary steps to minimise the risks they are exposed to, but according to Brian Lord, a …

Lunch with a Pen Tester 3 Places Left

04/09/2014 by rbadmin

Free Web Security Lunch and Learn Event with KRYPSYS and Alien Vault There are 3 places left on the next free lunch and learn event with Krypsys and AlienVault at the prestigious Eight Club in Bank, London. Attend this event and get the attackers perspective on web site and web application security from a senior penetration tester …

More cyber-attacks target the global financial sector

15/04/202401/09/2014 by rbadmin

The FBI says it is investigating reports in the US media of recent cyber-attacks against several US banks. The reports suggest between two and five banks, including Wall Street giant JP Morgan Chase, have been targeted by financial Trojans. It would appear that Goldman Sachs, Morgan Stanley, Bank of America, Wells Fargo and Citigroup were …

U.S. Authorities identify 1,000 more businesses affected by last year’s Target cyber-attack

15/04/202428/08/2014 by rbadmin

How serious is the threat posed by cyber-attacks? Well, if the reports coming out of the United States are to be believed, then the answer is far more serious than many of us truly appreciated. Most of us will remember the cyber-attack against US retail giant, Target, last year. Many of us will also be …

Cyber resilience: could your company survive a data breach?

15/04/202419/08/2014 by rbadmin

What does the term ‘cyber resilience’ mean to you? The chances are the answer is not very much. Yes, you could hazard a guess about it roughly relating to the protection of valuable online assets and data against third party theft or hacking, but the probability is that that’s as far as your definition would …

Cyber security: is it time to ditch passwords?

15/04/202415/08/2014 by rbadmin

If you’ve been reading the news lately you can’t have failed to notice the latest headline about cyber-security and cyber-crime. Reports have suggested that a Russian cyber-attack, known as CyberVor, had stolen a staggering 1.2 billion user name and password combinations and 500 million email addresses from poorly protected sites using a basic botnet which …