2.6 billion records were stolen, lost or exposed worldwide in 2017, an increase of 88% from 2016

Gemalto released the latest findings of the Breach Level Index, revealing that 2.6 billion records were stolen, lost or exposed worldwide in 2017, an 88% increase from 2016. While data breach incidents decreased by 11%, 2017 was the first year publicly disclosed breaches surpassed more than two billion compromised data records since the Breach Level Index began tracking data breaches in 2013.

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Ransomware still a top cybersecurity threat

A new report by Verizon revealed that ransomware is the most common type of malware, found in 39 percent of malware-related data breaches – double that of last year’s DBIR – and accounts for over 700 incidents. What’s more, Verizon’s analysis show that attacks are now moving into business critical systems, which encrypt file servers or databases, inflicting more damage and commanding bigger ransom requests.

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Shoddy road conditions leave 85% of drivers fearing for their safety – AA Cars

  • Subpar roads mean 85% of British drivers worry for their safety behind the wheel
  • Nine in 10 (92%) drivers are concerned about potential vehicle damage, with 52% – or 17 million[1] – suffering road-related car damage in recent years
  • The poor state of British roads leaves 72% of drivers worried that their car tax is being misused

London, 12 April 2018 – The dire state of British roads has led to some 85% of drivers fearing for the safety of themselves and other road users, according to new research from AA Cars, the AA’s used car website.

The AA-Populus poll, which surveyed over 21,000 drivers*, found that 92% of British drivers are concerned about potential damage to their vehicle as a result of poor road conditions. In fact, this very problem has led to more than half (52%) of drivers – or almost 17 million motorists[1] – experiencing vehicle damage in recent years.

Besides safety and financial considerations, Brits are also worried about the impact the roads have on their day-to-day lives, with three quarters (75%) of drivers becoming increasingly concerned about higher levels of traffic leading to longer journey times. The dismal state of British roads means that 4.6 million drivers are reluctant to use their cars for local journeys, while a further 3.7 million avoid longer car journeys because of this.

This is an issue that seems to be a particular problem in the UK; when thinking about the state of British roads in comparison to our European neighbours, almost half (46%) of drivers agreed that road conditions are generally better in mainland Europe than on home soil in the UK.

The issues with Britain’s road network mean that almost three quarters (72%) of drivers are concerned that their car tax isn’t being used appropriately.

This news comes just weeks after the Asphalt Industry Alliance (AIA)’s ALARM survey warned that more than 24,400 miles of road have been identified as needing essential maintenance in the next year.

Simon Benson, director of motoring services at AA Cars, says: “With many local councils lacking the funds to adequately repair roads, the country’s highway system is deteriorating – which in turn puts drivers at risk and makes pothole-related damage to cars increasingly likely.

“Clearly, drivers are well aware of this problem, as we can see by their distinct lack of confidence in the state of British roads.

“You can minimise the risk of damage caused by potholes and other road-related issues by ensuring your tyres are inflated to the recommended pressure, as hitting a pothole with soft tyres is more likely to lead to wheel damage. You should be able to find the correct tyre inflation pressures either in your vehicle handbook, on the label inside the driver’s side door frame or inside the fuel cap.

“You should reduce your speed if you’re approaching a pothole as this will lessen the chance of doing significant damage to your tyres, wheels and suspension. Similarly, you should slow down if you’re approaching standing water as this may disguise a deep – and potentially dangerous – pothole.

“Drivers should also be careful when passing cyclists and motorcyclists on roads that are known to be in particularly poor condition, as these road users may have to take last minute evasive action and swerve to avoid hitting a pothole.

“If you’ve spotted a pothole, you should report this via www.gov.uk. If your vehicle has been damaged as a result of hitting a pothole or any other issued with the road, you may be eligible for compensation. Again, you should be able to find what organisation to contact for claims purposes via www.gov.uk – be prepared to explain exactly what the damage was, why you think they are responsible, the specific location where the incident occurred and the date and time the damage was caused.”

Hacked accounts sold for £1 on the dark web

News is breaking that hacked social media accounts are being sold online, sometimes to promote hate speech, for menial sums. One site is selling UK-based Facebook accounts “with real Sim cards, birthday and location information included”, according to The Sunday Telegraph. On another, a single UK account is on sale for $1.50 (£1.07), discounted from $5.

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Security comment re NCSC report of ongoing cyber attacks against multiple CNI companies

The UK’s National Cyber Security Centre (NCSC) has issued an advisory warning that it is aware of an ongoing attack campaign against multiple companies involved in the Critical National Infrastructure (CNI) supply chain. These attacks have been ongoing since at least March 2017. Here’s a link for ease: https://www.ncsc.gov.uk/alerts/hostile-state-actors-compromising-uk-organisations-focus-engineering-and-industrial-control

 

Responding to this, Chris Day – Chief Cybersecurity Officer of Cyxtera has said, “The ongoing threat to the UK’s critical national infrastructure (CNI) supply chain demonstrates the persistence and motivation of nation state threat actors. Organisations must step up their game by defending against tactics prevalent in these attacks, like watering holes and phishing, using both offense and defence-oriented approaches.

 

“Since watering hole attacks exploit trusted third-party sites, they can be difficult to detect and defend against. Once an adversary gains access, lateral movement in the victim’s network becomes easy. Start by applying a “Zero Trust” approach to your security mindset; meaning, treat all traffic as suspicious. You must be instrumented to mitigate unsafe browsing and block zero-day threats in real-time. Behavioural analytics should be employed so you can identify suspicious activity, regardless of how the attack is carried out.

 

“Organisation’s must also vigilantly defend against spear-phishing attacks by blocking fraudulent messages and removing websites that support malicious campaigns. In the case of the CNI attacks, adversaries used spear phishing to steal CVs, set up a malicious fileserver, and harvest NTLM hashes to authenticate to servers without having actual passwords. This highlights the need to enforce identity-centric access policies at the network level. Users should only be able to access resources they are authorised to access, when they are authorised to use them.”

 

“Finally, because the stakes are so high with CNI, organisations should take the extra step to perform adversary simulation. This allows you to model advanced persistent threats from inside your infrastructure and evaluate how your security team will react.”

 

Ucore Partner Acquires REE Industrial Building Complex in Eastern Kentucky

April 9, 2018 – HALIFAX, NOVA SCOTIA – Ucore Rare Metals, Inc. (TSXV:UCU) (OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to announce that its pending joint venture (“JV” or “Joint Venture”) partner, Kentucky River Properties LLC of Hazard, Kentucky, (“KRP”), has purchased an industrial facility in Eastern Kentucky for the purposes of accessing and processing rare earth elements (“REE”) and strategic metals from the Appalachian Coal Basin (“ACB”).

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Hyperloop Transportation Technologies Opens First Global Innovation Center for Logistics, XO Square, in Brazil

HyperloopTT invests in Minas Gerais, Brazil as part of a deal for the company’s new global innovation center for logistics, XO Square, which will create an ecosystem to work on solving challenges in logistics all over the world.

PLAYA VISTA, Calif., April 6, 2018 /PRNewswire/ — Hyperloop Transportation Technologies (HyperloopTT) announced today the establishment of HyperloopTT’s XO Square as part of a new multi-million dollar agreement with Brazil in Contagem, Minas Gerais. Located on 5.4 acres, the 43,000 sq/ft XO Square will house the company’s new HyperloopTT logistic research division, a fabrication lab, and an ecosystem of leading global companies, startups, universities, innovators, scientists, and governments from all around the world focused on solving growing issues in logistics.

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