A new F-Secure report finds that companies are struggling to accurately detect security incidents. Here’s a few reasons that make incident detection so difficult, and some advice on how to spot attackers sooner rather than later.
Cyber security’s important. But you can’t know what you don’t know. So F-Secure Labs created this test to find out whether your approach to cyber security is as solid as you think (and hope) it is.
Cyber security is high in our collective awareness and we have more advanced technologies available than ever before. Still, companies struggle to detect breaches.
‘ATM Cash-out’ is a meticulously planned, highly choreographed, global cyber attack wherein hackers breach a bank or payment card processor’s cybersecurity systems and use cloned debit cards at multiple ATM machines around the world to fraudulently withdraw millions of dollars within a short period of time.
Earlier this week high street retailer Superdrug was contacted by a lone hacker claiming that they had stolen the personal information of up to 20,000 customers and demanded a ransom in exchange for the information. This included customers' names, addresses, and other personal details, but no payment or card information.
The sheer widespread usage of e-mails, both on a personal and on a professional basis by sheer billions of people, means hackers and cyber criminals can target multiple people at once.
One of the most publicized POS breaches happened with American retailer, Target in 2013 where 41 million customer payment card accounts and contact information for more than 60 million Target customers were affected.
All companies connected to the internet are vulnerable to cyber-attacks. And the potential losses are significant. With increased scrutiny placed upon managing potential cyber security risks, it’s more important than ever to implement a robust vulnerability management program.
Recent research suggests that Financial Services firms have experienced a threefold increase in the rate of breaches, over the past five years. Financial Services companies face almost three times more cyber attacks than any other industry.
Hackers have been increasingly moving towards cryptojacking attacks—hijacking computing resources and using that to mine cryptocurrency.