Tag Archives: cybercrime

Industry 4.0: protecting the smart factory from escalating cyber-threats

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by Ian Heritage

As in many other sectors, manufacturing organisations are rapidly embracing digital transformation to drive efficiencies, agility and growth. In so doing, they’re investing in new industrial Internet of Things (IIoT) systems to accelerate convergence between previously siloed IT and OT spheres. But this digital revolution also opens the door to new threats, as previously air-gapped systems and proprietary technologies are brought online and exposed to remote hackers.

That’s why Trend Micro has just announced major new security products designed to enhance visibility and protection for imperilled industrial control system (ICS) environments.

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Open Source Software Risk Highlights the Need for Secure DevOps

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by Bharat Mistry

UK firms on average download 21,000 open source software components containing flaws each year. That is the headline stat from new research which reveals the escalating risks facing developers from the common practice of sharing code. As demand for such components increases, the emphasis for security teams should be on finding ways to mitigate these risks as early on in the development lifecycle as possible, via seamless, automated security that doesn’t impact app delivery.

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Ransomware on the rise: why we can’t afford to let our guard down

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by Bharat Mistry

The cybercrime underground is continually evolving. That’s what makes it so compelling for news editors: there’s always something new to write about. However, the volatility of the threat landscape also makes it difficult to issue accurate long-term predictions about where things are headed. Just take ransomware: we saw a significant decline in detections and new families last year. But in the first half of 2019, several well publicised attacks on major organisations have raised the profile of the threat yet again.

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Radiohead Extortion Attempt Should Be a Warning to Firms

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by Ian Heritage

Legendary UK band Radiohead is not technically a corporate entity. But it generates enough revenue to be considered one, with individual band members now worth tens of millions of pounds. Why should this matter? This week it was hit by an online extortion attack lifted straight from the corporate world — something Trend Micro has been warning organisations about for some time.

It should serve as another reminder that cyber-related risk may not just equate to stolen customer data or service interruptions. It could mean sensitive IP sold to the highest bidder, or used as a premise for extortion.

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