Equifax breach proves bad employees are worse than good hackers

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The recent Equifax data breach has prompted a congressional review of the company’s security practices. This follows the announcement that the Federal Trade Commission (FTC) is also investigating the company. What, at first, appeared to be a situation where Equifax was as much the victim as more than 140 million…


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Safeguarding SMB Customer against Sophisticated Cyberattacks

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Cybercrime or cyberattacks has become a major concern for the economies across borders, ranging from states, corporates giants, small and medium industries, and even individuals at home. The driving force behind frequent and sophisticated cyberattacks at all levels of organizations, pertains to the idea–what cyber criminals gain? The primary focus…


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20-year prison term proposed for hackers of State secrets

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Cyber criminals, convicted of hacking into government databases to mine State secrets for sale to foreign countries, will serve 20 years in jail if Parliament passes a Bill seeking to tame the growing white-collar crime. The Computer and Cybercrimes Bill 2017, a revised version of a 2016 law, also proposes…


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CCleaner was hacked to spread malware to millions of users for a month

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Now this is an ironic flub-up. Popular utility tool CCleaner (short for ‘Crap Cleaner’), which promises to clean up your system for enhanced performance, was hacked to distribute malware directly to its users, Cisco Talos reports. The app, which touts more than two billion downloads and over two million active…


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Cybercrime proliferates against banks, other businesses

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Keep employees off the Internet and have workers avoid clicking on any attachment or link in an email. Those are the only sure ways to avoid cyberattacks, according to three experts who spoke today at the North Bay Business Journal’s conference on cybersecurity in Rohnert Park. Maybe it sounds severe…


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Online crime presents new challenges for insurers

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Any business in its right mind has crime insurance. What it may not have is the protection it needs to face new threats such as social-engineering fraud and ransomware. The recent $11.8-million vendor-impersonation scam against MacEwan University in Edmonton is only the latest high-profile social-engineering fraud in what has become…


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Is the state the biggest cyber criminal of all?

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The internet is the first thing humanity has built that humanity doesn’t understand Cyber crime is one of the fastest growing areas of criminal activity in the world and policing it is no longer considered exclusive to law enforcement. INTERPOL Secretary General Jürgen Stock in January 2016 stated “[…] cyber…


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Admiral: No evidence of hacking in McCain, Fitzgerald collisions

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Navy investigators have found no evidence that cyberintrusions played a part in the serious collisions of two guided-missile destroyers in the past three months, the Navy’s chief of naval operations said Wednesday. During a live-streaming Facebook all-hands call, Adm. John Richardson said he was aware of the “thread of conversation”…


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Three Reasons Why The Cybersecurity Industry May Never Catch Up To Cybercrime

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Is the cybersecurity industry keeping up with cybercrime? Absolutely not. Cyberwarfare is at an all-time high, and cybersecurity is just unable—unequipped—to keep up. We’re seeing a convergence of three major vectors—devices, data, and a shortage of talent—coming to a head. That’s causing an explosion of what I’ll refer to as…


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Scottish Parliament targeted in ‘brute force’ cyber attack

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The Scottish Parliament has been targeted by a “brute force” cyber attack, officials have said. Chief executive Sir Paul Grice said the attack, from “external sources”, was similar to that which affected Westminster in June. He confirmed the attack in a message to MSPs and staff with parliamentary email addresses,…


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Malware, Hacker and Virus Prevention Guide

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Cyber crime is increasingly becoming one of the major potential criminal expenses for businesses in all industries. When attacks happen, they can do thousands of pounds worth of damage, including everything from reducing your ability to work on a computer, to the theft of sensitive data such as bank details….


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Online radicalisation and cyber attacks to be among the high tech crimes targeted by new facility at the University of Bradford

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A HIGH tech centre dedicated to cyber security has been opened at the University of Bradford, and one of its first projects it to look at how to deal with online radicalisation. The Cyber Security Interdisciplinary Centre will see students using top technology to research the ever evolving online world…


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Policing the Dark Alleys of the Internet: The Takedown of AlphaBay and Hansa

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On July 5, Thai police arrested a man in Bangkok named Alexandre Cazes, a 26-year-old Canadian, for running an expansive online criminal bazaar called AlphaBay. Previously only known to law enforcement by his online moniker DeSnake, Cazes reportedly made the mistake of using his personal Hotmail email address to communicate…


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Duped Into Wiring $5 Million? Cyber Insurance Could Cover It

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For businesses both large and small, cybersecurity threats continue to proliferate, to the point where being the victim of a cyberattack seems almost inevitable. According to a recent study, cybercrime cost the global economy $454 billion in 2016. As such, cyber insurance policies have become an increasingly popular method of…


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Social media trove becomes hunting ground for criminals

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Going by statistics, the phenomenon of crimes related to social media was a mere 152 two years ago. It rose to 554 last year , but has already zoomed to 507 in the first seven months of this year. The cyber crime branch of the Pune police, which deals with…


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MEET MIA ASH, THE FAKE WOMAN IRANIAN HACKERS USED TO LURE VICTIMS

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MIA ASH IS a 30-year-old British woman with two art school degrees, a successful career as a photographer, and plenty of friends—more than 500 on Facebook, and just as many on LinkedIn. A disproportionate number of those friends happen to be Middle Eastern men, and when she posts coy selfies…


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Cybersecurity 101: Understanding the Most Common Cyberattacks

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In a NetEnrich survey of IT professionals, 68 percent say protecting against security breaches is one of their top goals. Public sentiment generally agrees — people view cybercrimes as a serious threat — but there’s a stunning knowledge gap when it comes to the most common cyberattacks. In a poll…


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It’s a myth that most cyber-criminals are ‘sophisticated’

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Among the mistakes journalists sometimes make when covering cyber-security stories is calling an attack “sophisticated” when it’s anything but. And it tends to irritate security professionals. There’s no real definition of what a sophisticated attack is, but a more elaborate hacking incident might involve gathering intelligence on a specific, complex…


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6 things you can start doing to protect yourself from fraud

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Technology is making life more convenient for consumers. Unfortunately, it’s also making it easier for cybercriminals to access information. t’s no secret that technology is making life more convenient for consumers. Unfortunately, there’s a flip side to that coin: Advances in technology also are making it easier for cybercriminals to…


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CYBER SECURITY PROFESSIONALS IN HIGH DEMAND DUE TO GROWING THREAT OF CYBER CRIME

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Cyber security professionals are increasingly in demand in China as businesses continue to battle the growing threat of cybercrime, according to international recruitment firm Hays. “The implications of being attacked are far reaching and the after effects can be devastating to a business, as well as its customers,” Simon Lance,…


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