Bank Cyberattack Could Hit Whole Financial System - NY Fed Research
- 6 years 2 months ago
- Cybersecurity
A cyberattack on a major US bank could have significant spillovers to other lenders, with serious implications for the whole financial system, according to research from the Federal Reserve Bank of New York. The report models how a cyberattack on a single large bank, a group of smaller banks or a common service provider can be transmitted through the wholesale payments network. The researchers estimate that a hit on a big five bank would affect... more
Acronis Calls on Organisations to Get #CyberFit at Acronis Global Cyber Summit 2020
- 6 years 2 months ago
- Cybersecurity
Acronis, a global leader in cyber protection, today announced that registration for the second annual Acronis Global Cyber Summit 2020 is now open. The premier event focused on cyber protection, the Summit will take place at the Fontainebleau Miami Beach in Miami, FL from October 19-21, 2020.
Travelex Boss Breaks Silence 17 Days After Cyber Attack
- 6 years 2 months ago
- Cybersecurity
The boss of Travelex has broken his silence about a cyber attack that forced its staff to use pen and paper and halted travel money sales at some banks and supermarkets. The firm has released a number of short statements since cyber criminals held the firm to ransom on 31 December. But in a video message on the firm's website, boss Tony D'Souza said the IT system used by in-store staff was working again. However, while he said the system used by... more
42% Rise in Companies Reporting Attacks Attributed to Foreign Governments in 2019
- 6 years 2 months ago
- Cybersecurity
Radware®, a leading provider of cyber security and application delivery solutions, released its 2019-2020 Global Application & Network Security Report. The report found that more than one in four respondents attribute attacks against their organisation to cyberwarfare or nation-state activity. In 2018, 19% of organisations believed they were attacked by a nation-state. That figure increased to 27% in 2019. Companies in North America were... more
Acronis Named Official Cyber Protection Partner of the San Diego Padres
- 6 years 2 months ago
- Cybersecurity
Acronis, a global leader in cyber protection, today announced a technology partnership with an American professional baseball team, the San Diego Padres. Under the multi-year agreement, Acronis will provide innovative cyber protection solutions designed to safeguard data and optimize data workflows to improve the team’s performance both on and off the field.
Kroll Expands Cyber Risk Practice in Asia Pacific with Acquisition of RP Digital Security
- 6 years 3 months ago
- Cybersecurity
Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has expanded its cyber security offerings with the acquisition of RP Digital Security, a Singapore-headquartered leader in computer forensic investigations, digital security and eDiscovery services.
Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities
- 6 years 3 months ago
- Cybersecurity
Mastercard today announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure.
Cross-Site Scripting (XSS) Makes Nearly 40% of All Cyber Attacks in 2019
- 6 years 3 months ago
- Cybersecurity
Cyber-attacks have targeted nearly 75 percent of large companies across Europe and North America over the last twelve months.
Welsh Law Firm CJCH Working With Students to Fight Global Piracy
- 6 years 3 months ago
- Cybersecurity
Software piracy is a global industry worth more than £34 billion. Now a Welsh legal firm is teaming up with the academic sector in this country to develop the skills required to fight back. CJCH is a Welsh business of over 140 employees, with offices in London and Bristol, but the firm’s Cardiff headquarters is the centre of its anti-piracy operations, and the platform for its partnerships with academia in Wales to give students here the... more
F-Secure finds major vulnerabilities in popular wireless presentation system
- 6 years 3 months ago
- Cybersecurity
Consultants with cyber security provider F-Secure have discovered several exploitable vulnerabilities in a popular wireless presentation system. Attackers can use the flaws to intercept and manipulate information during presentations, steal passwords and other confidential information, and install backdoors and other malware.
Smart lock’s security issues leave open doors for attackers
- 6 years 4 months ago
- Cybersecurity
Consultants with cyber security provider F-Secure have discovered an exploitable design flaw with a smart lock that attackers can use to easily pick the device. The lock’s inability to receive firmware updates means the flaw cannot be fully fixed, highlighting the difficulties faced by manufacturers and consumers with securing the new internet-connected devices hitting the market.
Acronis Acquires 5nine to Add Unified Cloud Management and Security Tools to its Solution Portfolio for Managed Service Providers
- 6 years 4 months ago
- Cybersecurity, M&A Deals
Acronis, a global leader in cyber protection, today announced the acquisition of 5nine, a global provider of Microsoft Hyper-V and Azure cloud management and security solutions. As part of the agreement, 5nine will become a wholly-owned subsidiary of Acronis.
How to Steal $1 Million by Email: Check Point Researchers Detail Million-dollar Fraud Against Chinese VC Firm
- 6 years 4 months ago
- Cybersecurity
Researchers at leading cyber-security company Check Point have revealed how Chinese hackers were able to steal $1 million from a Chinese venture capital firm through a simple but convincing business email compromise (BEC) scam. The $1M was seed funding that was intended for an Israeli start-up company. Neither the VC nor the start-up suspected anything was wrong, until the start-up realized they hadn’t received the funding. Both sides then... more
Finland Becomes the First European Country to Certify Safe Smart Devices – new Cybersecurity Label Helps Consumers Buy Safer Products
- 6 years 4 months ago
- Cybersecurity
The Finnish Transport and Communications Agency Traficom has today launched a Cybersecurity label. The label guarantees to consumers that the labelled devices have basic information security features. The Cybersecurity label can be awarded to networking smart devices if the devices meet the certification criteria, which are based on EN 303 645. With the label, Traficom aims to raise consumer awareness of information security and the safe use of... more
Data breaches and account takeovers top worries as consumers prepare for the biggest online shopping season ever
- 6 years 4 months ago
- Cybersecurity
A majority of U.S. consumers plan to do most of their holiday shopping online for the first time ever,* yet a new survey** from cyber security provider F-Secure finds that most internet users remain concerned about their exposure to cyber crime. The survey of shoppers highlighted 3 major trends among American consumers:
