Cybercrime Costs $11.7m

Malware infections topped the list as the most expensive infection, costing businesses approximately $2.4 Million a year! Read Full Story  ORIGINAL SOURCE: Dark Reading The post Cybercrime Costs $11.7m appeared first on IT SECURITY GURU. Source: http://www.itsecurityguru.org

September 27, 2017
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Mobile & single sign-on access pose biggest risk to future ID verification and fraud prevention

With mobile devices set to become the primary way to verify customer identity, Callcredit launches new suite of products to provide positive associations between identity and key digital attributes of email address and/or telephone number   Research launched today by Callcredit Information Group, reveals that whilst 73% of fraud professionals think mobile devices will be the key facilitator of identification in the future, over half (60%) feel that they will…

September 8, 2017
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One in every 359 emails are carrying a malicious payload says report

The number of emails carrying malware increased to a new high in July with one in every 359 emails carrying a malicious payload, according to Symantec’s July Intelligence Report. July also saw increases in the number of phishing attempts and spam, but the increasing use by cybercriminals of email to spread malware took center stage reaching a level not seen since December 2016. The rate of infected emails in July…

August 10, 2017
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Amber Rudd falls for hoax email prankster who also fooled Trump administration officials

The email hoaxer who previously duped Trump administration officials, as well as the governor of Bank of England, has tricked yet another high profile individual into engaging in an email exchange. UK home secretary Amber Rudd is reportedly the latest victim of the email prankster who goes by the pseudonym Sinon Reborn. The prankster reportedly posed as a senior Downing Street official to trick Rudd into responding to emails. Rudd…

August 10, 2017
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‘Cyber alarm’ will help businesses meet tough new data rules

A new ‘cyber alarm’ system which sounds a warning when a website or IT network comes under attack allows businesses to detect security breaches as soon as they occur. Foregenix is the first cyber security firm in the UK to offer Canary, which sits on a company’s website and ‘chirps’ loudly when there is an attempted ‘break in’. The company says that tough new data protection rules coming into force next year…

August 10, 2017
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Nobody said Threat Intelligence Would be Easy

A new report by the Information Security Forum (ISF) entitled Threat Intelligence: React and Prepare made headlines last month with its main finding that only 25% of companies surveyed felt that threat intelligence is delivering on its promise. While the findings in the report are all valid, pointing to threat intelligence and crying foul is an easy scapegoat. Nobody said threat intelligence was going to be easy…it is difficult for…

August 10, 2017
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