Poor ‘p@ssword’ hygiene and unpatched systems led to Singapore’s biggest ever cybersecurity breach

An investigation into the July data breach incident at Singapore’s largest healthcare provider has revealed that local administrators made several critical mistakes that led to the breach, including the use of weak passwords and unpatched softwar… Continue reading Poor ‘p@ssword’ hygiene and unpatched systems led to Singapore’s biggest ever cybersecurity breach

Equifax fined £500,000 for ginormous 2017 breach

More than a year after hackers breached credit reporting agency Equifax to steal 146 million customer records, the UK Information Commissioner’s Office (ICO) has issued the company with a £500,000 fine – a small penalty for a such a mo… Continue reading Equifax fined £500,000 for ginormous 2017 breach

Researchers find new financial malware targeting banking customers in Brazil

Bad actors are targeting businesses in Brazil using clever social engineering tactics and camouflaged malware to bypass strong authentication and security controls and ultimately take over bank accounts. Using a Trojan disguised as a legitimate banking… Continue reading Researchers find new financial malware targeting banking customers in Brazil

Research: More SMBs Are Reporting Ransomware Attacks to Authorities But Less Are Paying the Ransom

Across the globe, an estimated 5% of small-to-mid-sized businesses (SMBs) fell victim to ransomware from 2016 to 2017, and according to 97% of managed service providers (MSPs) ransomware attacks increase in magnitude year over year.
The post Resea… Continue reading Research: More SMBs Are Reporting Ransomware Attacks to Authorities But Less Are Paying the Ransom

37% of IT Managers See Failure to Install Updates as the Biggest Security Threat of 2018

Outdated software is now a bigger threat than weak passwords, bring-your-own-device (BYOD) and unsecured USB sticks, according to a new study.
The post 37% of IT Managers See Failure to Install Updates as the Biggest Security Threat of 2018 appear… Continue reading 37% of IT Managers See Failure to Install Updates as the Biggest Security Threat of 2018

Many UK SMBs still lax in data protection, new study unveils

Strict new regulations set in place by the European Union this year are being treated rather superficially by some small and medium businesses (SMBs) in the UK, even though noncompliance can attract fines of up to 20 million euros, or 18 million pounds… Continue reading Many UK SMBs still lax in data protection, new study unveils