Category Archives: Online fraud

Why SMBs Need to Start Thinking About Cyber Security… Now!

by Bharat Mistry

Small and medium-sized businesses are far more important to UK PLC than many people think. The CBI claims that they account for 99.9% of the private sector and provide 60% of jobs in the sector. And the Department for Business Innovation and Skills (BIS) claims the combined annual turnover of SMEs was £1.6 trillion as of last year, 47% of the total private sector. This makes them an attractive target for cybercriminals, yet many fail to take adequate precautions to secure their IT systems and customer data.

As a trusted advisor to UK small businesses, we recently commissioned research into attitudes towards cyber security. The findings will be an eye-opener for any SME owner who thinks their business too small and insignificant to be targeted by cybercriminals. Join the conversation this week during Small Business Advice Week and follow #SBAW for the latest updates. Continue reading

The Fightback Starts Here: Trend Micro and NCA Sign Crime-Busting MoU

by Raimund Genes

We’ve been protecting our customers around the world now for over 26 years – and doing it pretty well I think. But this is only one piece of the jigsaw. Unless we co-operate with law enforcement to disrupt cyber crime operations and put the ringleaders behind bars, we’re failing to get at the root cause of the problem. That’s why we’ve always been an active participant in any initiatives designed to foster greater collaboration of this sort.

And this is why we are delighted to announce the signing of a landmark Memorandum of Understanding (MoU) with the UK’s National Crime Agency (NCA) which will see us share information and work on entire cases together. Continue reading

DYRE Banking Malware Surges in Q1: Here’s How to Stop It

by Bharat Mistry

In the cyber security industry there’s often an overwhelming focus on the latest breaking threats and attack techniques – so much so that there’s a danger of forgetting about the staggeringly large volume of existing malware threatening internet users. One such threat is notorious banking trojan DYRE, and the bad news is it has been particularly prolific so far this year.

Trend Micro researchers observed a staggering 125% increase in global infections – from 4,000 in Q4 2015 to 9,000 in the first three months of the year. It seems the cyber criminals behind it have been hard at work once again tweaking the threat to bypass security filters and improve their chances of success. Continue reading

Why WikiLeaks’ Sony Data Dump Raises the Stakes for Advanced Attack Protection

by Raimund Genes

Last week, WikiLeaks published a searchable online trove of over 30,000 documents and 173,000 emails relating to breached movie giant Sony Pictures Entertainment. Whether or not you believe the non-profit whistleblowing organisation was right to do so, the news should serve as a further warning to IT and security leaders. Information security breaches can have damaging repercussions long after the initial attack. So it pays to find ways of rooting out advanced targeted attacks early on, before they have a chance to dig in and cause serious and lasting damage. Continue reading