Recent attacks on: Bycycklen, (Copenhagen's public city bikes system); the discovered vulnerabilities in Cardiac devices and plenty of other frightening DDoS attacks expose the precarious and costly state of affairs in IoT security.
Cybercrime incidents are snowballing, and no business, small or large, is invulnerable. The rates of attacks rise and so does the price tag on recovery, which includes financial losses, reputation and operational capacity.
With the conversion of 90% of in-store terminals from swipe card tools to EMV chip technology, the gateway to ever increasing mobile payments has swung wide open. So, has the entrance to more virtual security problems at the point of sale.
Being a cautious group by nature, Cyber security enthusiasts always approach new digital currencies with caution. Forget the hype and the criminal element that places Bitcoin and the blockchain at the center of many an international drug scandal and on the SEC hitlist, the safety and security of everyday trading is troubling to cyber security enthusiasts.
As we draw closer to the halfway point of 2018, a clear and alarming picture of cybercrime and its' true annual cost is emerging. With spending exponentially rising on both prevention and damage, the wake-up call that came from the IBM Chairman, Rometty back in 2015, that 'cyber-crime was the greatest threat to every company in the world' is simply becoming more of a reality, year by year.
Marketeers, Public Relation Experts and Advertisers will be nervously shuffling their feet for a bit, whilst the Cyber Security professionals get to work on a new and potentially huge threat, Vega Stealer.
Recently uncovered by Proofpoint, Vega Stealer is the new sparkly malware found to be targeting the Retail, Manufacturing, Public relations and Advertising sectors.
When we discuss the way that cyber criminals access your computer, the following spring to mind: DDos attacks; phishing; Firewall vulnerabilities; SQL injections. One form of attack that doesn't get so much hype but is just as dangerous as any other, is Clickjacking.
Twitter has urged all its users to change their passwords due to a malfunction in their 'hashing' system which recently exposed all their users' passwords.
The 'Hashing System' is Twitters encryption process for passwords and provides some level of everyday security for Twitters users, outside of serious vindictive hacking on users' accounts.
Cyber Security experts who have been chanting at us that we need to focus on our strongest (and in terms of Cyber Security, weakest) resource, our users, for years, have started laying the foundations for another route to Cyber safety, which doesn’t rely on manpower.
Apart from choosing secure passwords and being mindful of what and how frequently you download, there are a host of other ways you can be more careful on the net. With your online safety, identity and privacy, becoming major political issues we mustn’t be shy when it comes to beefing up on online safety.
Here are some handy tips you may or may not be aware of: