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Cyber Security

The Dangers of Internet-of-Things in Healthcare

More Hospitals Adopt Wireless Medical Devices & Wireless Connectivity Medical technologies have been taking a giant leap in the past years, producing instruments that can monitor, store and transmit data on one’s blood pressure, heart rate, glucose level, reparation or oxygen levels in order to produce better medical diagnoses and surveillance. These instruments can be worn, implanted or ingested and ... Read More »

New UK Fraud Industry Body Will Highlight the Cost of Fraud

PKF Littlejohn and Experian to revive the government’s fraud cost estimate.  UK’s only indicator on the total cost of fraud to be launched this year.  A new industry body has been set up to highlight the cost of fraud to UK businesses, charities and the public. The UK Fraud Cost Measurement Committee will seek to revive and enhance the government’s previous Annual ... Read More »

Cyber Security:  Mobile Banking Security

Over 50 percent of consumers use mobile banking apps.  With millions of transactions occurring between consumers and companies each day, hackers are finding more and more ways to steal this sensitive data. In fact, 70% of Apple iOS paid financial apps have been hacked and 95% of Android paid financial apps have been hacked. This type of vulnerability calls for ... Read More »

Got Good Cyber Insurance Cover? Beware of Holes in Your Policy

A brand new decision from a federal trial court in Utah is a sobering reminder that just because you have purchased “cyber” insurance does not mean that your insurance company will pay a cyber-related claim.  In Travelers Property Casualty Company of America et al. v. Federal Recovery Services et al., the insurance company sued its policyholder for a declaration of ... Read More »

Cyber Security Breaches on the Increase in the UK

PWC have been commissioned by the Department for Business, Innovation and Skills (BIS) to survey companies across the UK on cyber security incidents and emerging trends. This survey aimed to provide greater awareness amongst UK business of the risks, insights on how companies are mitigating those risks (or not) and key trends. The survey results can also provide companies with ... Read More »

Payment Security: MIDAS Alliance Launched in Europe

MIDAS Alliance Created to Solve Payments Security Challenges Raised by Mobile Wallet Security industry collaboration seeks to create solution before August deadline for new payment rules. While the introduction of the mobile wallet has created a lot of excitement across the retail and financial services industries, the European Central Bank (ECB) is pushing for greater security standards. When the ECB’s ... Read More »

Cyber Security: Insurance Experts Say Adequate Cover Is Now Available.

Cyber insurance is becoming broader and more affordable, although it’s worth shopping around for the policy that best meets an organisation’s individual needs, according to a panel of industry experts speaking during a webinar organised by Advisen. There has never been a better time to buy cyber insurance, according to David Derigiotis, Head of Professional Liability at broker Burns & ... Read More »

BIG DATA and the Securities Skill Shortage

Finding a security analyst with the data discovery experience to combat modern threats is like searching for the mythical unicorn. The person does not exist. Recent high profile, high-impact data breaches across industries, including financial, healthcare, and retail, prove that today’s cybercriminals are adept at finding and fully exploiting even the smallest security gaps. Detection of their malicious activity often ... Read More »

Cyber Security: There is No Secure Inside

There is No Secure Inside – So Get the Most from your Firewall Firewalls seem like a fixture of IT security, having been used for more than 15 years in most business environments to protect our internal assets from the hacks out there on the big bad Internet.  Yet too often we read the headlines and hear about another network ... Read More »

Seeing Your Business through the Eyes of a Hacker

Cyberattacks are growing more sophisticated and more damaging, targeting what companies value the most: their customer data, their intellectual property, and their reputations. What these attacks, together with breaches to defense, law-enforcement, and military-contractor networks, reveal is that our cyber-security efforts over the last two decades have largely failed, and fixing this will require the attention not only of security ... Read More »

Countering Cyber Criminals with Biometrics

The growth in online banking and electronic payments has made it easier for criminals to target banks and their customers and is prompting the financial services sector to invest in new security measures:  The answer may be found in Biometrics. Banking fraud is a problem as old as banks themselves. Frauds against UK online banking customers netted £60 million in ... Read More »

Hiring a Hacker: What is Involved?

In recent years the perception of the role of hackers is completely changed, in the past these high-skilled professionals were viewed as dangerous threats that needed to be kept at arm’s length, meanwhile today they are highly sought from private companies and intelligence agencies. Hacking services today are required not only by private companies and not only for legal purposes, ... Read More »

IBM White Paper: Battling Fraud at the Root Cause

In the 2014 IBM Chief Information Security Officer assessment, nearly 60 percent of security leaders interviewed felt that “the sophistication of attackers was out stripping the sophistication of their organization’s defenses.” It’s no wonder.  Analysis of attacks over the years have shown that cybercriminals are studying their prey closely—understanding the security solutions, policies and procedures each bank implements—and devising successful ... Read More »

Forget Hackers, The Biggest Internet Security Threat Is Closer to Home

High profile, embarrassing data hacks like the Sony email breach and the Target credit card scandal receive the bulk of the media attention, but there’s a bigger threat to Internet security that’s much closer to home.  The 2015 Data Breach Investigation Report conducted by Verizon shows that the biggest threat to your private information may actually be you! Phishing campaigns, ... Read More »

How to Survive Cyber Warfare?

Eight Simple Instructions to Avoid Common Mistakes allowing Hackers to Target Employees As the threats of hacking and cyber attacks continue, how can you navigate the Internet without exposing yourself to attack?  Shlomi Adar, an Israeli information security specialist, has released eight simple instructions to avoid the common mistakes that allow hackers to target employees working at organizations. Custom Permissions ... Read More »

Experian Introduces Enterprise Fraud and ID Business in North America

Dedicated unit launches Big Data fraud service for breach and identity compromise detection At the start of the Vision 2015 Conference, Experian® announced a new dedicated enterprise Fraud and ID business in North America. This newly established business unit allows Experian to more aggressively address the growing variety of fraud risk and identity management challenges businesses, financial institutions and government agencies ... Read More »

Will Biometrics Take Over From Passwords?

Perhaps people are fed up with battling to remember dozens of passwords. Entering them several times a day on various devices disrupts users’ flow and wastes time. Employers and service providers have started to realise this and are offering alternatives in the form of sensors and biometrics. Fingerprint biometrics have been available on mobile phones for a while, but the ... Read More »