Fake bank apps found on Google Play store

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Cybersecurity company ESET has discovered six fake banking and personal finance apps on the Android store. The apps had been installed more than 1,000 times total before being taken down by Google.

ESET believes all of the apps are the work of a single attacker. They have impersonated six banks from New Zealand, Australia, the United Kingdom, Switzerland and Poland, and the Austrian cryptocurrency exchange Bitpanda.

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Sapho brings machine learning to the enterprises

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Access to up to date information is essential for businesses, but as data proliferates it's too often the case that people spend time searching for the information they need to do their jobs.

Employee experience portal Sapho is integrating machine learning into its product so that metrics that are typically hard to access, due to complex applications or time-consuming dashboards, will now be delivered directly to employees without needing them to conduct an information search.

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Credential stuffing attacks target financial services

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A new report from cloud delivery company Akamai reveals that the financial services industry has become a prime target for credential stuffing botnets.

Between May and June 2018, Akamai detected more than 8.3 billion malicious login attempts. However, many botnets attempt to remain in stealth mode for as long as possible.

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Half of adults look for online recommendations rather than ask their partners

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More than half of adults worldwide are more likely to consult digital resources than their significant other (SO) for recommendations for products and services according to a new report by cloud database company DataStax.

In the US, 64 percent of adults choose digital resources over their SO, in the UK it's 61 percent, and Germany, 52 percent. The French, however, are still inclined to the offline approach with only 45 percent of adults choosing digital resources over their SO.

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Employees engage in unsafe online behavior despite understanding risks

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A survey of more than 400 full-time employees in the US shows that, despite having a general understanding of security risks, people still tend towards unsafe behavior.

The study by Spanning Cloud Apps finds many are under-prepared for the increasing sophistication and instance of ransomware and phishing attacks. More than half (55 percent) admit to clicking links they don't recognize, 59 percent say they would allow a colleague to use their work computer and 34 percent are unable to identify an insecure eCommerce site.

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93 percent of execs report positive long-term outlook for mainframes

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Far from them being the technology of the past, attitudes towards mainframes are increasingly positive according to a new survey.

The study from IT solutions company BMC finds 93 percent of executives and 92 percent of all respondents view the mainframe as a strong long-term platform -- the highest level in five years.

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Enterprises need to adopt 'zero-trust' security posture

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Privileged access management specialist Thycotic has released the results of its latest survey, conducted at this year's Black Hat, on hackers' perspectives on vulnerabilities and the attack vectors they find easiest to exploit.

It shows that 50 percent of hackers surveyed -- 70 percent of whom describe themselves as ethical -- say they easily compromised both Windows 10 and Windows 8 within the past year.

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The poor security habits of SMB executives

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Over half of small business executives are convinced their business is not a target for cybercriminals, according to a new report.

The study from consulting and managed services company Switchfast also shows that 31 percent of senior management employees shared the password to their work email with another co-worker, while only 18 percent of associates have.

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32 percent of data breaches lead to executive job loss

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In North America 32 percent of data breaches have resulted in a C-level manager, president or CEO losing their job, according to new research.

The study from Kaspersky Lab shows that 42 percent of businesses worldwide experienced at least one data breach in the last year. When a data breach occurs it not only results in a costly recovery burden, now put at $1.23 million on average, but it can also impact the company's reputation, customer privacy, and even severely impact employees' careers.

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Cold boot attack leaves Apple and Microsoft systems vulnerable to data theft

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Researchers at cyber security company F-Secure have discovered a weakness in modern computers' firmware that attackers can use to steal encryption keys and other sensitive information.

Physical access to the computer is needed to exploit the weakness, but once an attacker has gained this they can successfully perform the attack in around five minutes.

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Kodi add-ons used to distribute currency miners

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Users of the Kodi media center may already know that the Netherlands-based repository for third-party add-ons, XvBMC, was recently shut down due to copyright violations.

Researchers at security company ESET have discovered that the repository was also part of a malicious cryptomining campaign dating back to December 2017. This is the second instance of Kodi being used for cryptojacking this year.

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New partnership aims to bring deeper insights from machine data

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The rise of the Internet of Things has presented businesses with huge volumes of data, but harnessing that to produce useful insights can be a challenge.

A new partnership between Trifacta, a leader in data preparation, and Sumo Logic, a cloud-native machine data analytics platform, is aimed at driving improved business intelligence.

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Tech Talent Matrix helps businesses hire the best developers

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Finding the right technical talent has become a priority for businesses, but they often lack the data needed to know if they are getting it right.

The current way for companies to evaluate the success of their recruiting relies on blunt metrics like number of hires, time to hire and employee retention rate. None of which tell companies if they’ve hired the right people.

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Malware-less email attacks on the rise -- especially on Thursdays

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As email security solutions focus on detecting malware, cybercriminals are now adapting their attacks, exposing organizations to more malware-less assaults such as CEO fraud.

The report by intelligence-led security company FireEye is based on analysis of a sample set of over half-a-billion emails from the first half of 2018. It finds only 32 percent of email traffic seen was considered 'clean' and actually delivered to an inbox. The report also finds that one in every 101 emails had malicious intent.

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Half of US mobile traffic will be scam calls by 2019

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Unwanted and scam phone calls are an increasing problem. Analysis by call management company First Orion predicts that nearly half of all calls to mobile phones in the US will be fraudulent in 2019 unless the industry adopts and implements more effective call protection solutions.

Over the past year, First Orion's data shows a drastic increase in scam calls -- from 3.7 percent of total calls in 2017 to 29.2 percent in 2018 -- and that number is projected to reach 44.6 percent by early 2019.

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