Europe is currently caught up in a political furore surrounding the leak of the ‘Panama Papers’, which basically has leaked the names of those using the offshore tax haven. Among the names to surface have included the Icelandic prime minister, who has since resigned and…
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PwC Report Shows Cybercrime in the UK is Growing Rapidly
In the latest edition of their Global Economic Crime Survey, PricewaterhouseCoopers have announced a finding of a 20% increase in cybercrime, making it the fastest growing category of economic crime. The UK seems to be the most severely affected, with 55% of organisations being affected…
Two thirds of companies fail to declare data breaches
A poll of 1000 Institute of Directors members in the UK has found that two thirds of the companies who fall victim to a data breach are failing to declare it publicly or report it to the police for fear of reputational damage. Also, only…
In the headlines: Cyber bank heist, Federal bug bounty program, Facebook flaw and more
Billion dollar cyber bank job foiled by spelling mistake A huge cyber bank heist was uncovered this week when the perpetrator made some spelling errors. Having already successfully drained $101m from the central bank of Bangladesh by penetrating their systems and impersonating officials, they were…
The costs of security bugs and why automated testing can help
A report accompanied with a rating taxonomy aimed to help researchers and customers to determine appropriate payouts for bugs found by researchers in bug bounty programs has recently been released by Bugcrowd. These tools, especially the Vulnerability Rating Taxonomy (VRT), which details a number of…
Cybersecurity National Action Plan: Obama Outlines Plans to Spend $19 billion on Cybersecurity
On February 9th President Obama announced the Cybersecurity National Action Plan, including steps such as establishing a cybersecurity commission, introducing new safeguarding measures and supporting both companies and consumers in strengthening their own security. He’s also put the money where his mouth is and backed…
Identifying open ports – An important step to securing your perimeter
Locking the doors and windows to your house won’t stop someone from getting in if they are really determined. However, it is still a lot harder than opening an unlocked door or window. Breaking into a locked house, takes a lot more time and typically…
In the headlines: Malwarebytes, eBay vulnerability, NASA hack, Waitrose website holes and more
Malwarebytes found to have four vulnerabilities Malwarebytes, a free anti-malware tool with 250 million users, has been exposed as having four vulnerabilities. The main one described involves the software fetching signature updates via unencrypted HTTP, which could allow an attacker to set up a man-in-the-middle…
The Cisco 2016 Annual Security Report; where did 2015 take us?
Cisco have just published their 2016 Annual Security Report, which covers the last year in cyber security while also looking ahead to growing threats. Particularly interesting is the Threat Intelligence section, which examines some of the most common exploits, malware kits and targeted industries in…