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Towards a Cyber Resilience Strategy

As most of you already know, October is National Cyber Security Awareness Month (NCSAM). The aim of NCSAM is to raise awareness across the international community about cyber threats, discuss best practices, and educate the public and private sector on how to stay safe online. Cyber Security is promoted extensively during this month, and many events...
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Lessons from the Frontlines of Power Utility Attacks

Security experts have been warning companies and policymakers that systems protecting power utilities and other critical infrastructure are vulnerable to cyber attacks. Those intrusions could produce widespread damage, if they proved to be successful. In fact, as reported by Dark Reading, the Industrial Control Systems Cyber Emergency Response Team ...
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Keeping Your Privileged Users Aware

You know you’ve got them. Employees with nearly unfettered access to every nook and cranny of your organization’s network, devices and servers. While often a necessity in the digital age, privileged users represent a huge cybersecurity risk that you should not overlook. Employees who hold the “keys to the kingdom” are an appealing target for hackers...
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The Right Way to Respond to a Data Breach

Cybersecurity has become a board level discussion, and worries about cybersecurity breaches are part of what keeps C-suite execs and BOD members up at night. So much so that many organizations have started to adopt the mentality that they’ve likely been breached already and they just don’t know it yet. It’s what’s known as the “assume breach”...
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Tampered, Not Breached

James Bond always orders his martini prepared a special way: “Shaken, not stirred.” Being a teetotaler, I have always wondered what would happen if Bond – James Bond – was served a stirred martini. Would he be able to tell? Many of the more notable drink masters in the infosec community could probably educate me about the subtle differences between...
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The New Mindset Required for Making a Dent in the World of Cybercrime

We all know that cybercrime is increasing and likely to jump from a $75 billion problem last year to a $170 billion problem in 2020. Most will argue that this out of control spiral is unavoidable. It’s just the nature of the game. We will always be one step behind – that much is true. At the rate we are traveling, though, we are slipping behind by...
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Evolution of a 'Cameras Are Everywhere' Society

I remember when I first learned about some of the powerful spy satellites orbiting the earth. Some of the rumors stated the cameras on these machines were so accurate that they could read a car license plate from space. The idea that such technology existed back then was amazing. Now, some of the newer satellites are putting those early spy rumors...
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'Guccifer' Receives Four Years in Prison for Hacking High-Profile Targets

A federal court has sentenced the man behind the 'Guccifer' moniker to four years in prison for hacking a number of high-profile targets. On 1 September, U.S. District Judge James C. Cacheris handed down a sentence of 52 months in prison to Marcel Lehel Lazar, 44, of Arad, Romania. According to a statement released by the U.S. Department of Justice,...
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How one company lost $44 million through an email scam

One of the world's leading wire and cable manufacturers, Leoni AG, has been swindled out of a jaw-dropping 40 million Euros (approximately US $44 million) after it was targeted by an email scammer. As Softpedia reports, a young woman working in the finance department of Leoni's factory in Bistrita, Romania, received an email in mid-August claiming...
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The Root Causes of a Poor Security Culture within the Workplace

Demonstrating to employees that security is there to make their life easier, not harder, is the first step in developing a sound security culture. But before we discuss the actual steps to improve it, let’s first understand the root causes of a poor security culture. Security professionals must understand that bad habits and behaviours tend to be...
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Teen Walks Free After Launching DDoS Attack Against Australian Bank

A teenager received no prison time after launching a distributed denial-of-service (DDoS) attack against an Australian bank, among other targets. The 15-year-old boy, who by state law cannot have his name identified, admitted in court he had some fun and satisfied his curiosity when he DDoSed the online banking portal for the Commonwealth Bank of...
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SCM: Balancing Security, Availability and Performance

An organization's computer network is never fixed. It is constantly changing. To illustrate, as a company continues to grow, it might adopt a different mission that requires the installation of new endpoints onto its network. Additionally, with the detection of new exposures, security teams will need to update all critical devices running the...
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Man Charged with Selling Stolen Bank Accounts on Dark Web

A federal grand jury has charged a man with selling access to bank customers' stolen account logins on a dark web marketplace. On 22 July, 2016, U.S. Magistrate Judge Janet F. King charged Aaron James Glende, 35, of Winona, Minnesota with bank fraud, access device fraud, and aggravated identity theft after the man allegedly advertised criminal...
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How Financial Institutions Can Navigate the New FinCen Rules

The timing could not have been better. Or worse. On the one hand, the massive leak of the so-called Panama Papers earlier this year shone a bright light on the scope of the issues financial institutions grapple with daily to combat money laundering activity and comply with complex, global regulations. On the other, it is likely that more than a few...
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PCI 3.2 and The Regulation Storm

There is never a dull moment for compliance and security. Case in point, amidst a brewing storm of regulation, version 3.2 of the Payment Card Industry Data Security Standards (PCI DSS) announced in late spring articulates good data security intent along with controversy. PCI has been around since 2006, and aims to protect payment data for consumers...