UK police forces have spent more than £1.3m on cybercrime training over the past three years, according to a new thinktank report. This is great to see, especially considering the escalating threat to consumers and businesses as the nation and its economy become increasingly dependent on digital systems.
But as cybercrime soars while public funding shrinks, law enforcers also need to make the most of private sector partnerships, like the ground-breaking alliance Trend Micro has forged over recent years with the country’s pre-eminent crime agency. Continue reading →
Consumers and cybersecurity professionals around the world have been stunned by Uber’s revelation that it paid hackers $100,000 to delete data on 57 million users stolen last year. There are many strands to the case, and more details are likely to emerge over time. But fundamentally it highlights the need for firms to secure their cloud environments as rigorously as anything on premise.
The EU General Data Protection Regulation (GDPR) is a lengthy piece of legislation, even by European Commission standards. If nothing else, this drives home just how far-reaching and detailed it is. Yet many organisations currently grappling with compliance find it frustratingly short on some of the most important details. New Trend Micro research has found that confusion over some of the key terms in the legislation could mean many aren’t implementing the right cyber-security technologies to keep them compliant.
Layered security is the only way to ensure maximum threat protection, although we’d also encourage regulators to ease the compliance burden by providing more clarity to organisations. Continue reading →
No organisation is breach-proof: we all know that the odds are stacked too high in the attackers’ favour. However, by following industry best practices we can make it as difficult as possible for hackers, and discourage all but the most determined and well resourced. That’s why it will dismay many in the industry to learn that Equifax knew about the vulnerability that it claims led to a massive breach at the firm this year, all the way back in March. However, it was apparently only fully patched months later once the damage had been done.
Given the scale of the breach, and the fact the firm could have been hit with fines of over $60m under the forthcoming GDPR regime, this should serve as yet another cautionary tale to IT leaders. Best practice security, including effective patch management, is called “best practice” for a reason. Continue reading →