Stricter payment requirements in Europe could drive fraud elsewhere
From September this year the second Payment Services Directive (PSD2) comes into force across the EU. This will require payment service providers to offer strong customer authentication (SCA) and third-party access to bank accounts or risk losing their their payment provider license.
But a new report today from fraud prevention company iovation suggests that stricter requirements for fraud prevention in Europe will drive fraud to other regions such as the US.
Researchers find two Android malware campaigns with over 250 million downloads
Check Point Research has uncovered two massive mobile adware and data stealing campaigns, which have already had a combined total of over 250 million downloads globally.
Both target mobiles using Android, and exploit the mobile app development supply chain to infect devices and perform malicious actions.
Two-thirds of Android antivirus apps block less than 30 percent of threats
In one of the biggest tests of Android antivirus software ever conducted, out of 250 apps tested the majority proved to be dubious, unsafe or ineffective.
Independent testing organization AV-Comparatives put the apps to the test against an array of common threats and found that some are not properly protecting users.
Microsoft to start selling Windows 7 Extended Security Updates from April 1
While Windows 10 enjoys a significant and growing userbase, there are still many Windows 7 users out there. This includes a large number of enterprise users, and for these customers security is of paramount importance.
Last month we learned about the pricing for Windows 7 Extended Security Updates (ESU) which will be available when support for the aging operating system ends in 2020. Now we know that ESU will go on sale from the beginning of next month.
Coinhive dominates malware charts before being shut down
Coinhive continued to hold the top spot in Check Point Research's February Global Threat Index, impacting 10 percent of organizations worldwide, even though its services were shut down on March 8th.
In February, the two most prevalent malware variants were cryptominers, followed by the Emotet banking Trojan. Coinhive has seen a downward trend in its global impact, from 18 percent of organizations in October 2018 to 12 percent in January 2019 and with a further two percent drop in February.
Secure BYOD, the BYOD way
Bring your own device (whereby employees work from personal devices like their mobile phones) is quickly becoming the norm in today’s business environment. Companies that embrace BYOD are able to give employees more freedom to work remotely, resulting in increased productivity, cost savings and talent retention. In fact, 85 percent of organizations now allow BYOD for at least some of their stakeholders, including employees, contractors, partners, customers and suppliers.
It is important to note that BYOD does change an organization’s threat landscape and requires security tools that are different than those that are used to protect managed devices. Unfortunately, a widespread misunderstanding about this point has contributed to an unfounded assumption that BYOD is inherently riskier than the traditional way of doing things. In reality, this is a myth fueled by companies that fail to implement proper security tools and processes for protecting data in BYOD environments. Consider the following findings from a recent report on BYOD and security:
Google recommends upgrading to Windows 10 to avoid unpatched Windows 7 zero-day that's being actively exploited
Google is warning users of Windows 7 that they are at risk from a privilege escalation zero-day bug -- and the advice is to upgrade to Windows 10 as there is no patch currently available for the actively exploited vulnerability.
The problem stems from two vulnerabilities being exploited in combination -- one in Chrome, and one in Windows. Having pushed out a patch to its Chrome web browser, Google is warning that Windows 7 users are still exposed until such a time as Microsoft develops a patch.
Banking Trojan attacks up by 16 percent in 2018
Attacks using banking Trojans are among the most popular with cybercriminals as they are focused directly on financial gain.
According to a new report from Kaspersky Lab, 889,452 users of Kaspersky Lab solutions were attacked by banking Trojans last year, an increase of 15.9 percent compared to 2017.
Speed up Windows 10 with the Retpoline Spectre fix
It's been a while since we heard much about Spectre, the speculative execution exploit that sent the security world into a frenzy. Cast your mind back a little while and you'll probably remember that the various fixes that were produced to mitigate against the exploits all had one thing in common -- they resulted in a performance hit.
To help address the reduced performance experienced on older AMD and Intel systems, a new mitigation technique called Retpoline was developed. This new Spectre patch is currently included in Insider builds of Windows 10, but you can install it and enable it right now -- regardless of whether you are signed up for the Insider program -- and enjoy a speed boost for your computer.
How a new approach to threat detection can help with the security skills shortage [Q&A]
There is an acknowledged shortage of security talent in the West, but at the same time a lack of opportunity in many developing nations such as South America and India is leading to fledgling talent utilising its expertise for nefarious acts rather than for legal activity.
But a new approach to threat detection and prevention could help address the skills shortage while giving cybersecurity talent in developing countries the chance to earn an honest wage. We spoke to Steve Bassi, CEO of PolySwarm to find out more.
Russian doll malware spreads via Pirate Bay
Researchers at Kaspersky Lab have uncovered a new strain of malware spreading via The Pirate Bay torrent tracker site.
Named after the classic Russian doll, PirateMatryoshka aims to infect users' computers with adware and tools that spreads further malware onto the device. It carries a Trojan-downloader disguised as a hacked version of legitimate software used in everyday PC activity.
Microsoft Word bug can be used to bypass security systems
Researchers at email and data security company Mimecast have uncovered a bug in Microsoft Word that can be used to bypass security systems.
The bug incorrectly handles integer overflows and can be used to circumvent security systems and fool parsers to deliver remote code that can take complete control over a compromised machine.
Internet users are too confident they're protected
Given the number of high profile security breaches that make the headlines, you'd expect people to be wary about online security.
But a new study by Malwarebytes Labs shows a mismatch between people's confidence in their own privacy and security practices and their actual behavior.
Students aren't aware of cybersecurity career opportunities
It's well known that there is a skills shortage in cyber security, with a predicted global shortfall of 1.8 million cybersecurity professionals by 2022.
But new research, commissioned by cybersecurity training organization the SANS Institute and conducted by respected research firm Vanson Bourne polled 4000 students across the UK and EMEA and reveals a lack of awareness of careers in the sector.
Alphabet startup Chronicle launches enterprise cybersecurity platform Backstory, and partners with Avast
It is a year since Google's parent company Alphabet launched the cybersecurity outfit Chronicle. Now the startup has launched its first product, a security platform called Backstory.
Backstory is an enterprise-level cybersecurity and analytics platform; Chronicle describes it as "the first global security telemetry platform designed for a world that thinks in petabytes". Coinciding with the launch, Chronicle has teamed up with security firms Avast and Proofpoint.
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