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 →
There’s not been much to celebrate in cybersecurity recently. The shadow of the Equifax breach still hangs over the industry as a cautionary tale of what can happen if security processes and execution aren’t 100% watertight. In fact, Europol last week reported stats claiming over two billion records on European citizens have been leaked over the past 12 months. While there’s clearly lots to do, it was heartening to see the UK’s National Cyber Security Centre (NCSC) this week reporting a successful first year in operation.
The GCHQ offshoot claimed to have dealt with 590 “significant” cyber threats reported over the 12-month period. While we’re 100% behind its work, it’s obvious the scale of the problem and the determination of online attackers continues to rise. That means organisations must also take matters into their own hands with best practice, layered cybersecurity. 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 →