Ex-MI5 Leader Advocates for Strong Encryption to Stave Off Cybersecurity Attacks

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ore difficult to track, but the trade-offs in improved cybersecurity protection are worth it, according to the former head of Britain’s MI5 service. Cybersecurity Risks In a recent interview with BBC Radio 4, Jonathan Evans said that recent attacks by militants in the U.K. are not a reason to increase…


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Are Organizations Safe From Cyber Attacks? Experts Say Most Still Vulnerable

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Despite two major malware attacks that affected hundreds of thousands of computer systems in countries all over the world, a majority of information security experts still believe organizations are lacking in protections needed to prevent being hit by another attack, a survey found. Threat detection firm Tripwire surveyed 108 security…


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Will IBM India’s impenetrable encryption tech stop Anonymous hacker?

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The days of Anonymous hacker could be numbered as IBM India releases an encryption technology which claims to be hacker-proof. Is this really the solution to stop all the hacking and stealing of online data? Recently, the news of leaked Game of Thrones’ unaired episodes made the headlines. A group…


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Endpoint security firm leaking terabytes of data

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Endpoint security software vendor Carbon Black has been found to be exfiltrating data from several Fortune 1000 companies due to the architecture of its Cb Response software, the information security services and managed services provider DirectDefense claims. A blog post written by its president, Jim Broome, described the Cb Response…


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Think You Don’t Need Cyber Insurance? This Recent Data Breach Class Action Ruling May Change Your Mind

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Cyber insurance continues to be one of the hottest topics in the insurance industry. In the last several years it has evolved from a little-known specialty product to a standard purchase for some corporate risk departments. By now, most companies generally are aware that cyber attacks present substantial risks. Many…


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Australia: Shelve Proposed Law to Weaken Encryption

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The Australian government should not force technology companies to weaken the security of their products or to subvert encryption, Human Rights Watch said last week in a letter to Prime Minister Malcolm Turnbull. That strategy would undermine cybersecurity for all users and would not stop determined criminals from using encryption….


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Ransomware attacks steal headlines, but accidental data breaches remain a major cause of loss

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Beazley, a pioneer in cyber and data breach response insurance, today released its Beazley Breach Insights findings based on its client data in the first six months of 2017. Ransomware attacks continued their rise in the first half of 2017, up by 50% over the first half of 2016. Hacking…


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Anthem faces new privacy breach of 18,580 Medicare beneficiaries

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Anthem is facing a privacy breach involving 18,580 Medicare beneficiaries after a vendor employee copied company files to his personal email last summer. About 60 of the affected Medicare enrollees live in Florida, according to an Anthem spokesman. The employee who emailed Anthem records to his personal email worked for…


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Customer information released in WestJet data breach

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WestJet says “it has become aware” that profile data for some of its WestJet Rewards program members was revealed online by what the company calls an unauthorized third party. The disclosed data did not include credit card or banking information, WestJet said. The company said it is working with the…


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DATA BREACHES IN U.S. ALLEGEDLY INCREASING AT RECORD PACE

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There are some things in the world that seem to be on a perpetually-increasing track such as price of rent in big cities. Now, this list may include the number of data breaches in the U.S., according to a recent report. According to non-profit organization Identity Theft Resource Center (ITRC)…


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Everyone gets breached, so you’ll need an response plan when it happens

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Your organization has just discovered a serious data breach. Does it have a well-oiled plan to respond without ruining forensic evidence, creating a public relations nightmare, or frightening customers? The last thing an organization needs is hysteria when coordinating a response to a major data breach. There may be unwanted…


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QUANTUM COMPUTING IS COMING FOR YOUR DATA

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The news that disturbed my digital life came two years ago in a snail mail letter strewn with phrases like “malicious cyber intrusion” and “identity theft.” A relative’s company had been part of a massive hack, the note said, leaving my information exposed. Before the letter came, I was a…


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Hacking Continues to Cause Majority of Reported Data Breaches

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A recent study shows that reported data breaches in healthcare are more transparent than other industries, and that hacking is the leading cause across sectors. Through June 2017 there has been a 29 percent increase from 2016 in US reported data breaches, according to a report from the Identity Theft…


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Google will push users to abandon SMS two-step verification to avoid security risks

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Google Inc. is pushing users to switch from messaging-based two-step login verification to a phone-based service instead as a way to bypass the security risks of Simple Messaging Service authentication services. Beginning this week, Google will invite users of its existing so-called SMS 2-SV service to use a different login…


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IBM plans to thwart hackers with a cover-all encryption system

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IBM Z is the company’s answer to the internet-old problem of secure data storage Hackers are everywhere. Some are simply looking for opportunistic cash-grabs while others want to access top-secret data and share it amongst nefarious networks. There are also “hacktivists” that look to steal data and disrupt organisations in…


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DCCC Employs Encrypted Messaging App to Prevent Hacks

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The Democratic Congressional Campaign Committee (DCCC) is trying to guard against future computer hacks by using an encrypted messaging program for communications between employees and the campaign teams for 20 Democrats in the 2018 midterm elections. The DCCC confirmed to BuzzFeed News that it’s using Wickr, which boasts about its…


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UK Business to Spend Over £1m Recovering From Data Security Breach

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The cost of recovering from of a security breach for UK organisations has been estimated in a new report launched today by NTT Security, the specialised security company of NTT Group. The 2017 Risk:Value report, the company’s third annual study of business decision makers’ attitudes to risk and the value…


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Google wins fight with Labor Department over pay gap data

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Google appears to have emerged mostly triumphant in its fight with the Department of Labor over supplying pay gap data. An administrative law judge has ruled that the Office of Federal Contract Compliance Programs overstepped its boundaries by asking for as much data as it did when trying to address…


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Hard Rock, Loews hotels admit data breach

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Hard Rock Hotels & Casinos alongside Loews Hotels have warned customers that a security failure may have resulted in the theft of their information. Both incidents appear to have been linked to a third-party reservation platform, SynXis, which only begun informing client hotels of the security breach in June, months…


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How to stop hackers from stealing your data

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Rudi Dicks, a senior specialist at BDO’s Forensics and Cyber Lab, has seen a lot when it comes to the world of online security. Dicks specialises in offensive security, including penetration testing and vulnerability assessments, and knows what it takes to break down digital defences. If you are concerned about…


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