Security

Flexera Issues New Warning about Future Ransomware Attacks Like WannaCry

Maidenhead, U.K. – May 15, 2017 – As the fallout from the #WannaCry ransomware attack continues to reverberate around the world, a new report by software vulnerability and patch management expert, Flexera, has an ominous warning for companies and individuals: the threat is growing – and people are getting lazier about protecting themselves.

Flexera Embeds Open Source Security Scanning into Software Development Build Process

Maidenhead, UK – May 10, 2017 – Flexera, the company that’s reimagining the way software is bought, sold, managed and secured, announced today it’s reimagining software supply chain safety. Flexera’s the first-in-industry to embed open source security into the heart of the software development build process with automatic analysis detection. It will help keep the software supply chain secure by enabling 100,000 developers around the world to sell clean products, free of open source vulnerabilities and license compliance risk.

Government Joins The Finance Sector At The Top Of The Cyber Attack List

London, UK – 8 May 2017 – New research reveals that cyberattacks on the government sector doubled in 2016, hiking to 14% from 7% of all cyber security attacks in 2015. Attacks on the finance sector also rose dramatically from just 3% in 2015 to 14% of all attacks in 2016. 

The manufacturing sector came in at third place at 13%, while the retail sector, which topped the list of all cybersecurity attacks on all sectors in 2015 moved down into fourth place (11%).

Balabit Introduces Shell Control Box 5 for Improved Incident Management

NEW YORK, NY - May 3rd, 2017, Balabit, a leading provider of contextual security technologies, today introduced Shell Control Box 5, a new version of the company's flagship product Shell Control Box (SCB) that enables enterprises to implement a stable foundation of their privileged access management strategy. SCB 5’s new features also expedite incident management, simplify privileged access management in large multi-platform environments, and deliver enhanced interoperability with third-party security management solutions to fully leverage customers’ existing security investments.

RiskIQ Researchers Identify New Threat Actor NoTrove Delivering Millions of Scam Ads

London, UK – 26 April, 2017 – Earlier this year, RiskIQ, the leader in digital threat management, reported an eight-fold increase in internet scam incidents that deny the $83 billion digital advertising industry millions of dollars. Now, researchers at RiskIQ have identified NoTrove, a newly discovered and major threat actor that is delivering millions of scam ads that threaten consumers and further undermine the digital advertising industry.

Cyber Security is a People Problem Says Survey

20 April 2017: Over 80% of security professionals identify "people" as the industry’s biggest challenge compared to technology and processes, according to the results of the second annual survey from The Institute of Information Security Professionals (IISP). The survey also indicates that while 60% of respondents still feel that investment is not keeping pace with threat levels, there was a modest 5% increase in businesses that feel better placed to deal with a breach or incident if it happens. In real terms, spending does appear to be on the rise with 70% of companies seeing an increase in budget, up from 67% and only 7% reporting a reduction, which is down from 12% last year. 

As Facebook Fights Fake Accounts, Black Market Prices Go Up

NBC News recently posted an interesting article where the author notes that the spam industry follows the same Law of Supply and Demand as any capitalist-loving business does. As social networks crack down on fake accounts and fake news, the spam industry is able to charge their customers more to establish such inauthentic accounts.

Facebook shut down as many as 30,000 fake accounts in the past week — but that's unlikely to hurt the multi-million-dollar spam industry.

RiskIQ Deepens Digital Threat Mitigation Capabilities with Acquisition of Maccabim

Increase in Brand Abuse, Malvertising, Spearsphishing, Spoofing Requires More Automated Digital Threat Triage, Legal Coordination and Response

London, UK – January 24, 2017 — RiskIQ, the leader in digital threat management, today announced that the company has completed the acquisition of brand threat project management company Maccabim.com Ltd and has appointed Jonathan Matkowsky, its founder, to vice president of intellectual property and brand security. With the acquisition of Maccabim, RiskIQ expands its threat mitigation technology, including dispute resolution proceedings and takedown functions, to expedite brand governance processes.