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Information Security

September 2, 2014 - On 22–24 September this year, Caxton Group will host its flagship event for Cyber Security in the Energy & Utilities sector and gathering of international and regional experts and industry leaders from the government, energy, utilities, oil & gas and the academe. The event will review the current security landscape of the region's cyber domain and will focus on strengthening defense measures designed to counter potential breach and cyber-attacks directed towards critical infrastructures.

August 28, 2014 - The FBI is investigating cyber-attacks on US banks, including JP Morgan Chase, by Russian hackers, according to press reports.

July 24, 2014 - Crooks have hacked the European Central Bank's website, stealing contact data and demanding a ransom for its return.

July 17, 2014 - A top US Treasury official has called on the financial services sector to step up its efforts to protect consumer privacy and critical infrastructures from the threat of cyber attacks.

August 20, 2014 - Credit and financial management service Credit Karma has been ordered to beef up its security after a US watchdog found that its mobile app left users' sensitive personal information vulnerable.

July 23, 2014 - Bromium®, Inc., the pioneer of a new model of endpoint security using micro-virtualization, today announced the publication of "Endpoint Exploitation Trends H1 2014," a Bromium Labs analysis of public vulnerabilities and exploits from the first six months of 2014. The research determined that Internet Explorer vulnerabilities have increased more than 100 percent since 2013, surpassing JAVA and Flash vulnerabilities. The report also dissects the anatomy of emerging zero-day attacks, including Action Script Spray and Adobe Reader Sandbox Escape.

July 11, 2014 - Authorities around the world, led by the UK's National Crime Agency (NCA), have banded together to tackle the Shylock banking malware.

August 15, 2014 - US supermarket chain Supervalu has become the latest retailer to admit that it has been hacked and that customer card data may have been stolen.

July 23, 2014 - CIOs are expanding their IT budgets to drive a new set of IT priorities as insurance market conditions improve, according to new research by Ovum*. In mature markets, there is a focus on improving operational efficiency and organisational flexibility, while in developing markets, close attention is being paid to expanding core platforms and infrastructure to support growth. These factors will drive global insurance IT spending to over $104bn by 2018.

July 9, 2014 - Despite headline-making breaches that have called attention to the importance of data encryption, nearly 36 percent of IT security professionals admit to sending sensitive data outside of their organisations without using any form of encryption to protect it, a new survey[i] from Voltage Security reveals.

August 8, 2014 - One-in-ten banking apps are wide open to a malicious drive-by hacking exploit that exposes user credentials when visiting bug-laden websites.

July 18, 2014 - A survey amongst 250 IT security professionals, conducted during this year's Infosecurity Europe show, has revealed that 20% of organisations believe malicious insiders pose the biggest threat to their security. A further 44% suggest employee's ignorance could also cause defences to crumble. Hardly surprising, then, that this audience firmly pointed the finger at 'people' (70%) as the most frequent point of failure in an organisation's IT security, with 20% citing processes and just 9% at technology.

July 9, 2014 -  Bit9® + Carbon Black, the leader in endpoint threat prevention, detection and response, today announced the results of a cyber security study which showed that nearly two-thirds (64%) of UK IT decision-makers said they expect their organisation to be the target of a cyber attack within the next 12 months. And nearly one in three (32%) of those surveyed confirm their business was hit by a cyber attack during the past year.

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