It has been found by security researchers that more apps carrying the malicious BankBot Android banking malware have made their way into Google’s Play Store. The malware, which surfaced back in January, targets legitimate banking apps and uses fake overlay screens to trick unsuspecting users into providing their credentials. The malware is even able to hijack and intercept SMS messages, allowing it to bypass the SMS-based two-factor authentication security feature.
In an effort to stay ahead of attackers, some organisations have reported deploying more than 50 security solutions to address each unique challenge or threat. According to Marc Willebeek-Lemair, Alert Logic CSO (who previously founded and served as CTO of Tipping Point and several other security industry pioneers/innovators), this dated approach of implementing a variety of best of breed security technologies to solve very specific issues, has actually created environments that are inherently less secure than organisations that take a more balanced, integrated approach.
The cyber security industry is ripe for machine learning applications. Cyber security solutions need to analyse huge amounts of data in the form of alerts, and machine learning when applied correctly excels at aggregating it and presenting it in a way that cyber security professionals get an intuitive picture of what is happening and can act quickly to improve the security posture of their organization. Bearing this in mind, it becomes apparent why machine learning solutions could provide a sustainable solution. Whether direct cyberattacks or insider threats, machine learning’s ability to analyze complex and large data sets is invaluable, especially when considering the current cyber skills shortage which is being felt globally.
Additionally, we saw the global debut of the new Discovery SVX. As the most extreme and powerful Land Rover yet, with go-anywhere capability, it has increased ground clearance, body and suspension lifts, more wheel articulation and large all-terrain tyres. This SUV really showcase the power, performance and elegance of an incredible and powerful car.
Yesterday, a new survey revealed that retailers are responding to cyber attacks on average twice a week. 16% of retailers said they experienced an attack or attempted attack every day, 11% said they responded 2-3 times per week, and 64% said once a month. The incidence of cyber attacks was found to be especially high in the grocery industry, with 29% of respondents dealing with attempted security breaches every day, and 55% every week. In other retail verticals, 65% of respondents in the sports and outdoor sector said they responded once a week, as did 49% of fashion retailers and 40% of department stores.
A new ransomware dubbed ‘Paradise’ has been discovered, and reported this morning on Bleeping Computer. The Paradise Ransomware appears to be a ‘Ransomware as a Service’ or a RaaS. A RaaS is where a ransomware developer creates a ransomware, manages its development, and operates the Command and Control server in exchange for a small cut of all ransom payments made by victims.
NTT TechnoCross Corporation deploys Imperva Incapsula for enhanced website security with DDoS Protection and Web Application Firewall
LONDON, UK. – Sept. 12, 2017 – Imperva, Inc. (NASDAQ: IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today announced that NTT TechnoCross Corporation, an IT services company, is using the Imperva Incapsula service to protect its website from cyberattacks. NTT TechnoCross deployed the Incapsula service across its customer-facing websites to ensure protection from business crippling DDoS attacks and malicious web application attacks using the service’s DDoS Protection and Web Application Firewall (WAF) features.
Maidenhead, UK, 12 September, 2017 – Axial Systems has announced that it is working in partnership with GuardiCore, a leader in data centre and cloud security, which provides a single, scalable security solution that helps its customers protect critical workloads and applications through better visibility, micro-segmentation, breach detection and response. Axial has signed an agreement with its distributor partner, Securicom Global, to adopt GuardiCore, and is now actively engaging with their customers and prospects with the GuardiCore Centra Security Platform.