PRINT
PRINT
SEND MAIL
SEND MAIL

Category: EDITOR’S NEWS

Cyber ThreatsEDITOR’S NEWS

FCA lays out new rules for banks on reporting operational and security incidents to customers

On Wednesday 15th August, the Financial Conduct Authority (FCA) enforced new rules requiring providers of personal and business accounts to publish information that will help current customers to compare bank accounts from different providers. Banks will have to report major operational and security incidents that have taken place and disclose whether 24-hour customer helplines are available. The pressure for banks to report system failures is further compounded by the Bank of England and FCA’s fast approaching 5 October deadline, by which they must report on their…

Cyber ThreatsEDITOR’S NEWS

32,000 smart homes and businesses at risk of leaking data

New research from Avast (LSE: AVST), the global leader in cybersecurity products, found more than 49,000 Message Queuing Telemetry Transport (MQTT) servers publicly visible on the internet due to a misconfigured MQTT protocol. This includes more than 32,000 servers with no password protection, putting them at risk of leaking data. The MQTT protocol is used to interconnect and control smart home devices, via smart home hubs. When implementing the MQTT protocol, users set up a server. In the case of consumers, the server usually…

Cyber ThreatsEDITOR’S NEWS

UK BUSINESSES ARE STILL NOT FULLY GDPR COMPLIANT

DESPITE GDPR now being in full effect, new research has revealed how many businesses are still not fully GDPR compliant. A survey of 1,021 UK workers carried out by leading digital marketing agency, MarketingSignals.com, revealed that more than 1 in 3 businesses (37%) confess they are still not following the General Data Protection Regulation (GDPR). When quizzed on the ways businesses are not following this regulation, 35% said they are still sending marketing emails without the expressed consent. 31% revealed they still have the…

Cyber ThreatsEDITOR’S NEWS

Over one third of all phishing attacks target financial sector customers in second quarter of 2018

In the second quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented over 107 million attempts to visit phishing pages, of which 35.7% were related to financial services and targeting customers through fake banking or payment pages. The IT sector was the second hardest hit, with 13.83 of attacks targeting tech companies, which is 12.28 percentage points more in comparison with the previous quarter, according to Kaspersky Lab’s ‘Spam and phishing in Q2 2018’ report. The results above show that to protect their money, users…

Cyber ThreatsEDITOR’S NEWS

62% of UK firms lack full cybersecurity insurance

The number of UK firms with cybersecurity insurance has risen in the past year — but less than half say their cyber insurance covers all risks. The second annual cybersecurity survey from research and consultancy firm Ovum, for Silicon Valley analytics firm FICO, found that the number of UK firms reporting they have no cybersecurity insurance dropped from 31 percent in 2017 to 10 percent in 2018. While this is substantially better than the 24 percent reported across all 11 countries surveyed, only 38…

Cyber ThreatsEDITOR’S NEWS

86% of websites at risk from hackers for simple security oversight

Security scans performed on 218,000 Magento websites, the most popular e-commerce platform, revealed 86% are missing critical security patches, according a leading cyber security consultancy. The survey carried out last month by Foregenix focused on SME company websites globally, including around 15,000 in the UK, also revealed 2% of the websites analysed are compromised and currently being harvested for their customers’ data. The cyber security company, which is renowned globally for its work on payment security, has an active threat intelligence team researching and…

Cyber ThreatsEDITOR’S NEWS

Stockpiling cryptocurrencies painting target on large businesses

Three in 10 (30%) large UK businesses have admitted to being hit by cryptomining attacks within the previous month[i], according to new figures released today. The research, commissioned by Citrix and carried out by OnePoll, quizzed 750 IT decision makers across the UK regarding the growing risks of cryptomining cyber-attacks. A recent study found that 50 per cent of large UK businesses are stockpiling cryptocurrencies – often to provide a quick means of payment should they be subjected to a ransomware attack. Yet such…

Cyber ThreatsEDITOR’S NEWS

Security Serious Unsung Heroes Awards 2018 – DEADLINE EXTENDED!

The deadline to nominate your Unsung Heroes in the cybersecurity space has been extended until Friday, August 24th, giving you another two weeks to get your entries in.   Security Serious Unsung Heroes Awards will take place on the 3rd of October to celebrate and reward all individuals or teams that have consistently demonstrated their dedication to IT security, often saving the bacon for the organisations that they work for. If you know any customers, colleagues, professors or friends who fit the bill – NOMINATE THEM…

Cyber ThreatsEDITOR’S NEWS

AWS Announces General Availability of Amazon Aurora Serverless

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced general availability of Amazon Aurora Serverless. Aurora Serverless is a new deployment option for Amazon Aurora that automatically starts, scales, and shuts down database capacity with per-second billing for applications with less predictable usage patterns. Amazon Aurora Serverless offers database capacity without the need to provision, scale, and manage any servers. Aurora Serverless brings the power of the MySQL-compatible database built for the cloud to applications with intermittent or cyclical usage patterns…