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Network Security

Issued by: Help Net Security

The recent high-profile ransomware attack on foreign currency exchange specialist Travelex highlights the devastating results of a targeted cyber-attack. In the weeks following the initial attack, Travelex struggled to bring its customer-facing systems back online. Worse still, despite Travelex’s assurances that no customer data had been compromised, hackers were demanding $6 million for 5GB of…

Malware & Threats, Network Security

Issued by: Help Net Security

Nearly 90 percent of global organizations were targeted with BEC and spear phishing attacks in 2019, reflecting cybercriminals’ continued focus on compromising individual end users, a Proofpoint survey reveals. Seventy-eight percent also reported that security awareness training activities resulted in measurable reductions in phishing susceptibility. The report examines global data from nearly 50 million simulated…

Network Security

Issued by: Help Net Security

Artificial intelligence – more specifically, the machine learning (ML) subset of AI – has a number of privacy problems. Not only does ML require vast amounts of data for the training process, but the derived system is also provided with access to even greater volumes of data as part of the inference processing while in…

Malware & Threats

Issued by: Help Net Security

Japanese multinational Mitsubishi Electric has admitted that it had suffered a data breach some six months ago, and that “personal information and corporate confidential information may have been leaked.” The company, though, claims that “sensitive information on social infrastructure such as defense, electric power, and railways, highly confidential technical information, and important information concerning business…

Network Security

Issued by: Help Net Security

Rapidly evolving cybersecurity threats are now commanding the attention of senior business leaders and boards of directors and are no longer only the concern of IT security professionals. A report from University of California, Berkeley’s Center for Long-Term Cybersecurity (CLTC) and Booz Allen Hamilton uses insights gleaned from board members with over 130 years of…

Network Security

Issued by: Help Net Security

By improving access to data and taking advantage of them in fundamentally different ways to drive profitability, IT security executives are rapidly changing perceptions of their office. Although making better sense of and use of data may be standard fare in other areas of the enterprise, who knew that modern IoT cybersecurity solutions would become…

Network Security

Issued by: Help Net Security

Kount released a new research report on digital innovation and emerging fraud, which found that the most innovative businesses are also the ones facing the greatest fraud threats. The report, conducted by Javelin Research, surveyed hundreds of respondents across the retail, restaurant, insurance, and financial industries and revealed more than 40% of businesses say fraud…

Network Security

Issued by: Help Net Security

While plenty of attacks will continue to hit traditional targets such operating systems and humans, 2020 will see many attackers taking aim at non-traditional systems. Containers, connected devices and the communications between the two technologies will be a primary focus of both security researchers and attackers. New technologies continue to shake up corporate infrastructure, and…