Positive Technologies BlackHat Session Demonstrates ApplePay Vulnerable to Two Attacks – At Least

One does not require the device to be ‘jailbroken’

Mandalay Bay, Las Vegas and London, UK – July 27, 2017:  In a session at Blackhat USA 2017, a senior researcher for Positive Technologies will demonstrate two separate attacks that can be performed against ApplePay, highlighting weaknesses in the payment method. While one will require a jailbroken device, the other does not.

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CEOs held responsible for data breaches, according to cyber security professionals

The past year has seen attacks like Wannacry and Petya cause worldwide disruption, with countless data breaches harming household names like Yahoo, Wonga and Zomato. The damage to reputation, and increased public scrutiny, coupled with the fact that a global cyber attack could cost on average $53 billion, could severely cripple a business to the brink of bankruptcy. So, if a data breach occurs, who is to blame? Tripwire, a leading global provider of security and compliance solutions for enterprises and industrial organizations, conducted a survey at Infosecurity Europe 2017 to ask security professionals whose neck is most on the line if a company has a data breach.

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AlphaBay and Hansa dark web sites taken down after globally coordinated op’

News broke yesterday that two major law enforcement operations, led by the Federal Bureau of Investigation (FBI), the US Drug Enforcement Agency (DEA) and the Dutch National Police, with the support of Europol, have shut down the infrastructure of an underground criminal economy responsible for the trading of over 350,000 illicit commodities including drugs, firearms and cybercrime malware.

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Imperva Researchers Go Undercover to Study Tactics of Phishing Hackers

To discover details about compromised credentials, Imperva researchers went undercover by creating several fake user accounts, including email and file sharing accounts with Google and Dropbox. Once the so-called honey pot accounts were active, the researchers deployed techniques to lure in the criminals and tracked them over the span of nine months.

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Cyber security not a priority for most sectors, despite breaches costing UK firms £29 billion in 2016

 

With cyber-attacks/breaches becoming more prevalent than ever before, cyber security has been propelled to the forefront of the public eye. In fact, research by Beaming shockingly revealed that 2.9 million UK firms suffered cyber security breaches last year (2016), costing firms an alarming £29.1 billion.

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Warning, Ransomware ‘here to stay’

 

According to the latest Google research, Cyber-attackers made at least $25 million (£19m) from ransomware in the last two years. The search giant created thousands of virtual victims of ransomware to expose the payment ecosystem surrounding the malware type. Most of the money was made in 2016 as gangs realised how lucrative it was, revealed a talk at Black Hat. Two types of ransomware made most of the money, it said, but other variants are starting to emerge. Commenting on the report findings is Javvad Malik, security advocate at AlienVault, who said:

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