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Cybersecurity News - Page 13 of 16 - TSFactory

How GDPR mega-fines could be a cybersecurity game changer

It has taken just over a year for the GDPR to bare its teeth, but this week saw just what companies are facing if they breach the regulation as both British Airways and the Marriott hotel chain each face mammoth fines. The first to feel the force of the GDPR was British Airways, which faces …


HBO social media hacked in latest cyber security breach

HBO’s Facebook and Twitter accounts have been compromised in the latest cyber security breach to hit the firm. A group called OurMine appeared to take control of the main HBO accounts, as well as those for the network’s shows including Game of Thrones. One posts said “OurMine are here. we are just testing your security”. …


Invisible Man malware lifts banking credentials by abusing Android accessibility services

A family of malware known as “Invisible Man” abuses Android OS accessibility services in order to steal users’ banking credentials. Invisible Man, also known as “Svpeng”, has earned quite a reputation for itself in the past few years. It was one of the first trojans to attack SMS-based banking and to steal users’ credentials via …


Flush times for hackers in booming cyber security job market

LAS VEGAS (Reuters) – The surge in far-flung and destructive cyber attacks is not good for national security, but for an increasing number of hackers and researchers, it is great for job security. The new reality is on display in Las Vegas this week at the annual Black Hat and Def Con security conferences, which …


White House ‘rumoured to close State Department’s only cyber security office’ as top diplomat quits

It has been reported that the cyber security office in the State Department may be closed as its top diplomat quits. Christopher Painter, the Coordinator for Cyber Issues, is leaving his post at the end of the month after well over two decades of leadership on the issue, per Politico. The news outlet also reported that …


AUSTRALIAN COMPANIES UNDER ‘CONSTANT’ CYBER ATTACK, SAYS SECURITY COMPANY CROWDSTRIKE

Fancy Bear, Deep Panda and Charming Kitten are faces of cyber warfare. The characters were created by cybersecurity company Crowdstrike to represent the so-called “threat actors” roaming the internet. “These are the actors who we see in Australia,” Crowdstrike co-founder Dmitri Alperovitch says, scrolling through pages of threatening-looking cartoon faces. Source: ABC Read the full …


MICROSOFT TO REMOVE SMB1 PROTOCOL – USED BY WANNACRY – FROM WINDOWS 10

In the latest Windows 10 Build 16226 for Home and Professional editions, the client side of SMB1 remains to enable users to connect to devices still using the decades-old protocol. All Enterprise and Education editions have SMB1 totally uninstalled by default. Source: SC Magazine Read the full story >


THE BEHAVIORAL ECONOMICS OF WHY EXECUTIVES UNDERINVEST IN CYBERSECURITY

Determining the ROI for any cybersecurity investment, from staff training to AI-enabled authentication managers, can best be described as an enigma shrouded in mystery. The digital threat landscape changes constantly, and it’s very difficult to know the probability of any given attack succeeding — or how big the potential losses might be. Even the known …


CHINA’S CYBER SECURITY LAW: THE IMPOSSIBILITY OF COMPLIANCE

SHANGHAI – China’s much-anticipated Cyber Security Law (CSL) will come into effect on 1 June 2017.  The new law is the first comprehensive law to address cyber security concerns at the national level and to some extent consolidates cyber activities captured in other laws and regulations. The move by China to beef up its laws and …


WINDOWS 7 HARDEST HIT BY WANNACRY WORM

The majority of machines hit by the WannaCry ransomware worm in the cyber-attack earlier this month were running Windows 7, security firms suggest. More than 97% of the infections seen by Kaspersky Lab and 66% of those seen by BitSight used the older software. Source: BBC News Read the full story >


USB DRIVES CONTAINING IBM TOOL FOUND INFECTED WITH MALICIOUS CODE

IBM issued a support advisory last week warning users that some USB flash drives containing the company’s Storwize initialization tool include a file infected with malicious code. Source: SC Mag Read the full story >