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Cyber attacks on stock exchanges cost investors more than $50 billion: Report
A report by Canada-based information technology services provider CGI Group Inc. and U.K.-based research firm Oxford Economics Ltd. found that cyber attacks across seven global stock exchanges have cost investors at least £42 billion ($52.7 billion) since 2013.
Travelex customers express anger after cyber attack leaves them without access to their money
Cash in limbo as attackers hold foreign exchange company to ransom and threaten to sell personal data
Cyber Security and the Art of Data Analytics
Friday June 10th, 2016 Who remembers the 1983 movie starring Matthew Broderick titled “ War Games ”? This was one of the first movies that piqued my interest in computer security. In those days it was the use of acoustic couplers to dial a remote computer and we could actually communicate with a remote pc which was fascinating for me. Before long it was dial-up modems where I could literally dial anywhere I wanted to because it was attached via a serial cable…
Pass It On: Get Smart About Passwords And Thwarting Cyber Criminals
What’s The Good Word? Choosing the right password — and following other simple security guidelines — can make a big difference when it comes to protecting your investment accounts from cyber criminals and identity thieves. The financial services industry was the number one target for cyber attacks in 2014, accounting for 18 percent of all detected attacks, according to a survey conducted by security company NTT…
7 aggregations of cyber risk: Do you know where today's risks are?
The nature of cyber attacks is evolving. While "point-of-sale" attacks are old news, in today's connected world an attack on a cloud provider is the next type of global breach.
Protecting your business from a ransomware attack.
Extortionists are increasingly targeting Kiwi businesses due to poor security in their ICT infrastructure. Is the security of your ICT sufficient? Jakub Kroustek offers some best practice advice. Ransomware is an increasingly popular type of extortionist cyber attack, which encrypts data on infected computers or completely locks you out and holds your data or device hostage, with the attackers offering a decryption or return of access in exchange for a ransom.
SEC chair eyes tougher cyber rules to protect investors against hackers
Gary Gensler, chairman of the Securities and Exchange Commission, aims to protect investors from financial loss and data theft.
Wireless security
This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. See Wikipedia's guide to writing better articles for suggestions. (June 2017) An example wireless router , that can implement wireless security features Wireless security is the prevention of unauthorized access or damage to computers using wireless networks. The most common types of wireless security are Wired Equivalent Privacy (WEP) and Wi-Fi Protected…
Knowing your data is crucial in cyber fight back
Topics The pandemic has shifted the perimeters of public sector networks and created new demands for resilience, writes Emma Velle, cybersecurity specialist for NHS and local government at Cisco As the digital landscape for the public sector has shifted during the Covid-19 pandemic, so has that for cyber security. Organisations have achieved a major shift to remote working and stepped up their use of cloud services…
The Importance Of Securing Your Website
A cyber attack happens every 40 seconds. Of those attacks, 43% target small businesses. To protect your website from this type of malicious hack, you should take one important precaution: Secure Your Site. In the past, SSLs have only been deemed necessary for eCommerce websites or sites that request personal information such as a phone number, address, or email address. Today, this is not the case. Every website should be secure, for a myriad of reasons. The first and most important benefit of…
OPM Struggles to Notify Breach Victims
The Office of Personnel Management is reportedly struggling with how best to notify 21.5 million individuals that their personal information was breached.
Good Things Happen When Data Science Meets Cybersecurity
These days, when your charge card is compromised, your bank knows about it almost instantly. It uses sophisticated algorithms to detect anomalous behavior. If it notices that your charge card was used in Denver, but it also has record of you last using it just a few minutes ago in Chicago, it will have a pretty good indication that something is awry. The bank’s anomaly detection algorithms can also detect other patterns, such as multiple small purchases at stores you don’t frequent, raising…
GDPR Extortion: Protect Your Business and Customers
Remember what your email inbox looked like some months back, precisely the month of May? For some time, some of my peers expected every email subject line in their inbox to begin with a “updates to (insert company name) privacy policy.” Maybe you felt that way too. While the Facebook/Analytica scandal caused widespread contention about data privacy, GDPR has caused its fair share of debates and issues as well. For example, a recent report by Europol shows that the new data protection laws…
