Two thirds embarrassed by their out of date tech

A study of 1000 UK adults, carried out in May 2018, showed that the main reason people upgrade their smartphone is due to the embarrassment of having an older handset, rather than the desire to have the latest tech.   Despite mobile technology drastically improving in recent years, the research, by Satsuma Loans, revealed that 63% of respondents would be embarrassed if their peers saw them using a handset that…

July 16, 2018
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Securing real-time payments with tokenization

For banks, direct debit (ACH) fraud represents a bigger financial risk than card fraud. In particular, growing momentum for real-time payment schemes across the world is creating huge opportunities for fraudsters and placing increasing pressure on banks and clearing houses, who now have only seconds instead of days to identify fraudulent transactions. There are various security approaches available to banks in the fight against fraud, but tokenization has already proved…

July 16, 2018
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Organisations need a zero trust model for cyber security, Unisys survey finds

New research from Unisys Corporation found that IT professionals reported three incidents on average where sensitive information had been lost last year, with some respondents reporting 11 losses for the year. Respondents also reported an average of nine incidents per month where they had to address highly severe security issues. The survey, conducted by information insights company Information Services Group Inc. (ISG), asked 404 enterprise IT professionals in North America, Europe and…

July 16, 2018
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86% of enterprises have adopted a multi-cloud strategy

Based on a global survey of 727 cloud technology decision makers at businesses with more than 1,000 employees, Forrester Consulting found how shifting business priorities are driving enterprises to adopt multi-cloud strategies. According to the study, a vast majority (86 percent) of respondents describe their current cloud strategy as multi-cloud, with performance and innovation rising above cost savings as the top measures of success. In addition, 60 percent of enterprises…

July 16, 2018
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Only 20% of companies have fully completed their GDPR implementations

Key findings from a survey conducted by Dimensional Research highlight that only 20% of companies surveyed believe they are GDPR compliant, while 53% are in the implementation phase and 27% have not yet started their implementation. EU (excluding UK) companies are further along, with 27% reporting they are compliant, versus 12% in the U.S. and 21% in the UK. While many companies have significant work to do, 74% expect to…

July 16, 2018
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Containers or virtual machines: Which is more secure? The answer will surprise you

Are virtual machines (VM) more secure than containers? You may think you know the answer, but IBM Research has found containers can be as secure, or more secure, than VMs. James Bottomley, an IBM Research Distinguished Engineer and top Linux kernel developer, writes: “One of the biggest problems with the current debate about Container vs Hypervisor security is that no-one has actually developed a way of measuring security, so the…

July 16, 2018
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Researchers Mount Successful GPS Spoofing Attack Against Road Navigation Systems

Academics say they’ve mounted a successful GPS spoofing attack against road navigation systems that can trick humans into driving to incorrect locations. The research is of note because previous GPS spoofing attacks have been unable to trick humans, who, in past experiments, often received malicious driving instructions that didn’t make sense or were not in sync with the road infrastructure —for example taking a left on a straight highway. View…

July 16, 2018
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UN agency tasks member states on greater attention to cyber security

Babcock International Model United Nations (BIMUN) has urged member states to pay more attention to cyber security and broaden its definition beyond hacking to enhance implementation of broader solutions. It stated this at the simulation of the UN General Assembly First Committee on Disarmament and International Security (DISEC), during the second BIMUN conference, organised by Babcock University, Ilishan Ogun State, in collaboration with the United Nations Information Centre (UNIC), Lagos…

July 16, 2018
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Nozomi Networks teams up with IBM to Answer Demand for Integrated IT/OT Cyber Security

With Operational Technology (OT) attacks on the rise, Nozomi Networks and IBM earlier this week announced that they have teamed up to bring industrial organizations around the world easier access to deep OT network visibility and continuous threat detection. The news follows recent warning from various bodies – including the UK’s NCSC and the US’ DHS and FBI of an increased treat to critical infrastructures  which could potentially cause damage…

July 13, 2018
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Kapersky Report: $10 Million in Ether Stolen Through Phishing Last Year

A new report from Kapersky Labs claims that cybercriminals are turning to cryptocurrency as a domain for scams and frauds. The schemes target ICO investors, who are perhaps vulnerable as they are seeking to invest money to begin with. “Kaspersky Lab experts have exposed a relatively new fraudulent trend: the development of cryptocurrency is not only attracting investors, but also cyber-criminals seeking to boost their profits,” reads the report. View Full Story…

July 13, 2018
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