New analytics platform helps detect internal attacks
Security analysts can struggle to cope with the large volumes of alerts generated by multiple security tools. This can make it hard to distinguish anomalies from genuine malicious actions.
To provide organizations with additional context and more accuracy to detect malicious attacks, even those that originate internally, security analytics specialist Niara is launching a new version of its platform to deliver user and entity behavior analytics (UEBA) on network packet and flow data, in addition to log data.
USB Killer can fry any computer in seconds -- watch it in action
Just as sharing floppy disks in the 1990s carried the risk of infecting your PC with a virus, so sharing USB flash drives carries the same risk today. Fortunately you can easily protect against that kind of threat by disabling autorun and also installing a decent anti-virus program.
However, a Russian security expert has created a new, far more dangerous USB stick, which doesn’t carry a virus, but rather a deadly charge of power which can fry any device with a USB port in a matter of seconds.
Chinese talking cybersecurity means security is already lost
A longtime reader and good friend of mine sent me a link this week to a CNBC story about the loss of fingerprint records in the Office of Personnel Management hack I have written about before. It’s just one more nail in the coffin of a doltish bureaucracy that -- you know I’m speaking the truth here -- will probably result in those doltish bureaucrats getting even more power, even more data, and ultimately losing those data, too.
So the story says they lost the fingerprint records of 5.6 million people! Game over.
John McAfee is running for president
John McAfee was once a fugitive. He has now said that he will be running for the US presidency in 2016. He tweeted that he will be making an official announcement at 6pm ET on September 10.
According to NBCNews, McAfee will be running for presidency as a third-party candidate under a newly created party called the Cyber Party, mainly because of the fact that McAfee has been recently providing valuable insights into many different global hacking scandals and internet surveillance.
What you need to know about cyber insurance
Cyber insurance is an important element for companies as it covers the damage and liability caused by a hack, which are usually excluded from traditional liability coverage.
Stricter data privacy notification laws, government incentives, cloud adoption and the increase in high-profile hacks and data breaches have all contributed to the significant increase in the number of companies offering and buying cyber insurance.
Inside threats enable vast majority of cybercrimes
No less an authority than colorful cybersecurity pioneer John McAfee firmly believes that the now infamous hack of the US-based Ashley Madison sex-cheating website was an inside job.
Statistically, this is extremely likely to be the case for most cyber security breaches. KCS’ own research shows that 80 percent of corporate cybercrimes can be traced to staff, and this figure is increasing. This can be the result of deliberate cybercrime or it could be that the staff member has been careless with their personal log-in details.
Pssstt! Wanna host some malware?
Whilst it's the hacks and the data breaches and the information thefts that grab the headlines, no one ever mentions the technology that lies behind them.
Where do the bad guys host their malware and where do they keep their stolen information? Like any legitimate online businesses, cybercriminals need a reliable, high availability hosting infrastructure.
Malware-as-a-service is cyber criminals' new lucrative business
Organized criminal gangs (OCGs) are increasingly using software services of the type more usually associated with legitimate corporations to grow their operations. By offering malware-as-a-service, OCGs are employing business models similar to those developed by legitimate companies in order to extend their global reach.
The companies providing the software used by OCGs to break into organizations’ IT systems, commonly called malware, now employ business models frequently comprising a revenue stream, a budget, market researchers, a global pool of developers, software quality assurance and testing, help desk support, and even money-back guarantees. This process is now being referred to as the industrialization of cyber crime.
More than 1,000 companies join IBM in the battle against cybercrime
Last month IBM launched its X-Force Exchange opening up access to threat intelligence data to help in the fight against cybercrime.
With 80 percent of cyber attacks now coming from organized gangs it's important that the good guys get organized too. IBM has announced today that more than 1,000 organizations across 16 industries are participating in the new threat intelligence community.
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