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Cybersecurity

Governments need to spend billions more on data protection, says British security chief

Adrian Price, Head of Information Security at Britain’s Ministry of Defence, suggested that governments should devote 20% of their budget to protecting the nation’s data – a sum worth billions more than that currently allocated in countries such as the UK itself.

Twitter security under spotlight after phishing blamed for disastrous AP Tweet

Twitter is said to be testing new security systems in the wake of a false Tweet from an official Associated Press account which sent stock markets tumbling in America.

Preventable errors are behind most security breaches, says Verizon report

Most cyber attacks are simple and predictable, relying on basic tactics and preventable employee errors, according to Verizon’s annual Data Breach Investigations Report. The problem is made worse by the fact that companies often take months or even years to detect such breaches.

Internet Service Providers “failing to protect” against cyber attacks, says EU agency

The European cyber security agency ENISA said Internet Service Providers in the EU have failed to implement a set of best practice recommendations which have been in place for 13 years – which could reduce the scope of even the largest DDoS attacks.

Supermarket security breach puts 2.4 million credit cards at risk

Up to 2.4 million credit cards may have been compromised after St. Louis grocery chain Schnucks was targeted with malware, the chain revealed this week.

Nine out of ten employees knowingly ignore cyber safety policies

The biggest cyber security problem large companies face could be employees – a survey reveals that nine out of ten employees knowingly ignore or violate their company’s data policies.

U.S. and China plan to “work together” on cybersecurity

China and the U.S. have agreed to work together on cyber security, with the two countries setting up a working group to deal with the issue, U.S Secretary of State John Kerry said on Saturday in Beijing.

Oregon farm company sues its bank over $223,500 cyber-heist

An Oregon farm products company is suing its own bank to recover losses after a phishing attack saw $223,500 transferred to accounts in the Ukraine over a period of three days in 2010.

Tech manufacturers fight back against supply chain “cyber spies”

Technology companies including Cisco and IBM are backing an Open Group programme to protect computer hardware from threats such as spyware added to components in the supply chain.

Android app store has serious clean-up with 60,000 apps removed

60,000 Android apps were removed from Google’s Play app store this February. Categories such as personalization (ringtone apps) were targeted heavily, with 12,277 deletions.

Global Cyber Security research hub to be set up at Oxford University

A new Global Center for Cyber Security at the University of Oxford will coordinate international work on cyber threats and cyber security. The Center will receive £500,000 ($766,000) in UK government funding every year.

Could we ‘think’ the passwords of the future? Study finds brain-reading tech is cheap, accurate and secure

The idea that we might ‘think’ passwords instead of typing them sounds like science fiction – but a team of UC Berkeley School of Information researchers has proved that it can work, using existing ‘mind reading’ headsets.

Even IT security professionals reuse passwords – with 81% admitting to risky habit

Up to 81% of computer security professionals reuse passwords across multiple applications, violating security best practice

PayPal warns of security crisis over new domain names

PayPal has warned of a looming security crisis if new top-level domains such as .bank are brought into use later this year.

British cyber intelligence agency admits to basic password security errors

Britain’s hi-tech government intelligence agency GCHQ should know better than to send passwords in plain text via email – but has been doing so due to “legacy systems”, it admitted in a statement this week.

James Bond steps in to defend British businesses against cyber attack

British cyber security experts from intelligence services such as MI5 are to join forces with 160 top British firms to defend against cyber attacks.

Obama uses TV interview to raise cyber awareness

President Obama has used a TV interview to further raise public awareness of the growing cyber security threat against the United States.

UK’s new Cyber Security Champion announced

The winner of the 2103 UK Cyber Security Challenge, launched two years ago as part of a government and industry backed initiative to encourage people to choose a career in information security, has been announced.

From BYOD to CYOD: Security issues with personal devices in the workplace

The hottest IT trend in the workplace right now is definitely BYOD: Bring Your Own Device. This is popular with employees who regard it as a convenient way to read private e-mail and to browse to (work-unrelated) sites at the office, and moreover as a way to work for their employer on a device they

PokerAgent botnet stealing over 16,000 Facebook credentials

The ‘PokerAgent’ botnet, which we have tracked in 2012, was designed to harvest Facebook log-on credentials, also collecting information on credit card details linked to the Facebook account and Zynga Poker player stats, presumably with the intention to mug the victims.

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25 Apr 2013
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