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Showing posts with the label Cloud Security

Fintech Cybersecurity Trends in 2021

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Article by  Beau Peters When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Newly remote workers and remotely connected workplaces had to adapt rapidly to a greater digital threat as well as a public health crisis. Now, cybersecurity may just be the most important aspect of financial technology (fintech) in the modern world. With 2020 being the worst year on record in terms of files exposed in data breaches , a thorough security approach is necessary to combat modern dangers. Fintech relies on cybersafety more than any other digital platform. Luckily, new tech trends could help keep our financial data safe even with an increase in risk. Here’s what you should know.  The Rising Risks The widespread shift to a work-from-home (WFH) economy left countless networks vulnerable to cyber attacks. Hastily implemented cloud data processes and security needs failing to keep pace with te...

Six Trends Shaping the 2021 Cybersecurity Outlook

Article by Tom Kellerman, Head of Cybersecurity Strategy, Rick McElroy, Head of Security Strategy and Greg Foss, Senior Cybersecurity Strategist, VMware Carbon Black Everything is different, and yet the same. As we look ahead to the cybersecurity landscape in the next 12 months, it is from a position no one predicted this time last year. Business operations have changed beyond recognition with most employees working from home in a transition that happened almost overnight. Stretched security teams have been challenged to rapidly deploy robust remote working facilities to maintain productivity. Most were writing the ‘pandemic playbook’ as they went along. Ironically, one of the few certainties of the situation was that cybercriminals would take advantage of disruption to escalate campaigns. In that sense, nothing changed, except that the opportunity was suddenly much greater. As a result, nine in ten security professionals surveyed by our Threat Analysis Unit said they were facing ...

Securing an Agile and Hybrid Workforce

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Guest article by  Andrea Babbs, UK General Manager, VIPRE 2020 has forced businesses to revise many of their operations. One significant transition being the shift to a remote working model, for which many were unprepared in terms of equipment, infrastructure and security. As the government now urges people to return to work, we’re already seeing a shift towards a hybrid workforce , with many employees splitting their time between the office and working from home. As organisations are now reassessing their long-term office strategies, front and centre to that shift needs to be their IT security underpinned by a dependable and flexible cloud infrastructure. Andrea Babbs, UK General Manager, VIPRE, discusses what this new way of working means long-term for an organisation’s IT security infrastructure and how businesses can successfully move from remote working to a secure and agile workforce. Power of the Cloud In light of the uncertainty that has plagued most organisations, many a...

The DRaaS Data Protection Dilemma

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Written by Sarah Doherty, Product Marketing Manager at  iland Around the world, IT teams are struggling with choosing between less critical, but important tasks, versus focusing on innovative projects to help transform your business. Both are necessary for your business and need to be actioned, but should your team do all of it? Have you thought about allowing someone else to guide you through the process while your internal team continues to focus on transforming the business?  DRaaS Data protection dilemma; outsourcing or self-managing? Disaster recovery can take a lot of time to properly implement so it may be the right time to consider a third-party provider who can help with some of the more routine and technical aspects of your disaster recovery planning. This help can free up some of your staff’s valuable time while also safeguarding your vital data. Outsourcing your data protection functions vs. managing them yourself Information technology has raised many ques...

Cyber Security Roundup for May 2020

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A roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, April 2020. As well reported, UK foreign exchange firm Travelex business operations were brought to a standstill after its IT systems were severely hit by the Sodinokibi ransomware at the start of the year. It was reported that  REvil group were behind the attack and had stolen 5Gbs of customer personal data, and then demanded $6 million (£4.6m) in ransom. The Wall Street Journal reported in April 2020 that Travelex had reached a deal, paying $2.3 million (£1.84m) in Bitcoin  to the cybercriminals. This sort of response incentivises future ransomware activity against all other businesses and could lead to an inflation of future cyber-extortion demands in my opinion. Cognizant, a US large digital solutions provider and IT consultancy, was reportedly  hit by the Maze ransomware .  Maze, previously known as the 'ChaCha...

Working from Home Cybersecurity Guidance

Guest post by Crossword Cybersecurity Working from home comes with a range of security risks, but employees need to be educated too – human behaviour is invariably the weakest link in a company’s cybersecurity posture. In the current environment, with many more employees working at home, cybercriminals are actively looking for opportunities to launch phishing attacks and compromise the IT infrastructure of businesses, large and small.  Guidance on Working from Home All companies should start by reviewing the home working guidance available at the UK Government’s National Cyber Security Centre (NCSC). This resource helps companies prepare their employees and think about the best way to protect their systems. Crossword has been advising a number of its FTSE clients in a range of sectors, and below is a summary of the guidance given, in addition to that from the NCSC. Run Audio and Video calls Securely What is visible in the background of your screen during video calls and...

Cyber Security Roundup for January 2020

A roundup of UK focused cyber and information security news stories, blog posts, reports and threat intelligence from the previous calendar month, December 2019. Happy New Year!  The final month of the decade was a pretty quiet one as major security news and data breaches go, given cybers attack have become the norm in the past decade. The biggest UK media security story was saved for the very end of 2019, with the freshly elected UK government apologising after it had accidentally published online the addresses of the 1,097 New Year Honour recipients.  Among the addresses posted were those of Sir Elton John, cricketer and BBC 'Sports Personality of the Year' Ben Stokes, former Conservative Party leader Iain Duncan Smith, 'Great British Bakeoff Winner' Nadiya Hussain, and former Ofcom boss Sharon White.  The Cabinet Office said it was " looking into how this happened ", probably come down to a 'user error' in my view. An investigation by The Tim...

12 days of Christmas Security Predictions: What lies ahead in 2020

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Marked by a shortage of cyber security talent and attackers willing to exploit any vulnerability to achieve their aims, this year emphasised the need for organisations to invest in security and understand their risk posture. With the number of vendors in the cyber security market rapidly growing, rising standard for managing identities and access, and organisations investing more in security tools, 2020 will be a transformational year for the sector. According to Rob Norris, VP Head of Enterprise & Cyber Security EMEIA at Fujitsu: “We anticipate that 2020 will be a positive year for security, and encourage public and private sector to work together to bring more talent to the sector and raise the industry standards. As the threat landscape continues to expand with phishing and ransomware still popular, so will the security tools, leaving organisations with a variety of solutions. Next year will also be marked by a rush to create an Artificial Intelligence silver-bullet for cyber se...

The Challenges of UK Cyber Security Standards

Article by Matt Cable, VP Solutions Architect and MD Europe, Certes Networks Public sector organisations in the UK are in the midst of changing cyber security regulations. In mid-2018, the Government, in collaboration the NCSC, published a minimum set of cyber security standards. These standards are now mandated, along with a focus on continually “raising the bar”. The standards set minimum requirements for organisations to protect sensitive information and key operational services, which – given the way in which these services are increasingly dispersed – is driving significant changes in public sector network architecture and security. In addition to setting today’s ‘ minimum’ standards, however, the guidance also sets a target date of 2023 by which public sector organisations will be expected to have adopted a ‘gold-standard ’ cyber security profile. Matt Cable, VP Solutions Architect and MD Europe, Certes Networks, therefore outlines the essential considerations that will help orga...