Security Market Challenges and How Security Vendors Overcome Them

Security Market Challenges and How Security Vendors Overcome Them

by Liviu Arsene, from Business Insights , on 30.09.2016

With the worldwide security market reaching $22.1 billion in 2015 in terms of revenue, Garner estimates that it increased by 3.7 percent as compared to 2014. While the figures for 2016 are yet to surface, it’s safe to estimate these numbers will surely rise, especially in light of recent cyberattacks and global security awareness. read more

Newest ransomware victim pays hackers £18,600

Newest ransomware victim pays hackers £18,600

by Luana PASCU, from HotForSecurity , on 30.09.2016

Although discussion about cybercrime focuses on large infrastructure, federal government and big enterprises, the most recent attack, on a London-based IT company, proves small and medium businesses are also very much at risk. VESK, the provider of hosted virtual desktop services and subsidiary of Nasstar, is the most recent victim, getting infected with a new […] read more

Next-generation terrorism linked to corrupted IoT devices

Next-generation terrorism linked to corrupted IoT devices

by Luana PASCU, from HotForSecurity , on 30.09.2016

The US government is worried about the rise of national security risks due to the prevalence of insecure IoT devices, which are expected to near 50 billion in coming years. The US Justice Department is trying to pinpoint the threats and vulnerabilities as accurately as possible to understand how terrorists could use IoT to compromise […] read more

US citizen used online media to incite terrorism; gets 30 years in prison

US citizen used online media to incite terrorism; gets 30 years in prison

by Luana PASCU, from HotForSecurity , on 29.09.2016

US national Nader Elhuzayel from California was sentenced to 30 years in prison after he used social media to get in touch with ISIL supporters and to promote and openly express loyalty to the terrorist organization. Together with Muhanad Badawi, he conspired against the United States and posted on social media that “it would be […] read more

‘Attempted Intrusions’ Potentially Aimed at Disrupting U.S. Elections Reported by the FBI

‘Attempted Intrusions’ Potentially Aimed at Disrupting U.S. Elections Reported by the FBI

by Liviu ARSENE, from HotForSecurity , on 29.09.2016

Attempts to disrupt the U.S. voter database point to Russian hackers, according to FBI Director James Comey. During a Congress hearing this Wednesday, he expressed concerns regarding hacker’s ability to affect voting systems, a The Bureau’s warning last month about officials boosting security. “We are urging the states just to make sure that their deadbolts […] read more

Syrian Electronic Army hacker faces 5 years in US prison

Syrian Electronic Army hacker faces 5 years in US prison

by Luana PASCU, from HotForSecurity , on 29.09.2016

A Syrian cybercriminal faces 5 years in prison after pleading guilty to extortion conspiracy and computer hacking. 37 year-old Peter Romar together with Firas Dardar, also known as “The Shadow”, went after critics of Syrian President Assad’s regime, many of which are humanitarian groups, the US and foreign governments and western media agencies. “Today’s guilty […] read more

Cybercriminals getting better at hacking; use more sophisticated attacks, says Europol

Cybercriminals getting better at hacking; use more sophisticated attacks, says Europol

by Luana PASCU, from HotForSecurity , on 28.09.2016

Cybercriminals have improved their hacking methods and are deploying more sophisticated techniques, ensuring that cybercrime “remains a real and significant threat,” says Europol Director Rob Wainwright. Based on input from EU countries and security experts, the 2016 Internet Organized Crime Threat Assessment (IOCTA) discusses the cybercrime threat landscape in terms of key developments and emerging […] read more

Retailers Aim to Bolster Security By Sharing Threat Information

Retailers Aim to Bolster Security By Sharing Threat Information

by Razvan Muresan, from Business Insights , on 28.09.2016

In August 2016, Eddie Bauer became one of the latest well-known retailers to get hit with a security breach. According to a statement by the company’s CEO Mike Egeck, Eddie Bauer learned that the point-of-sale systems at its retail stores were affected by malware. read more

Brad Pitt death hoax leads to clickbait site

Brad Pitt death hoax leads to clickbait site

by Alexandra GHEORGHE, from HotForSecurity , on 28.09.2016

A new scam leveraging Brad Pitt’s name and popularity is making the rounds on Facebook, according to news reports. The fake news story claims Brad Pitt took his life after the announcement that he was divorcing Angelina Jolie went public. A banner allegedly from Fox News announces the breaking news. The banner opens a click-bait website […] read more

TheDarkOverlord holds investment bank to ransom, or else hacked files will be released

TheDarkOverlord holds investment bank to ransom, or else hacked files will be released

by Graham CLULEY, from HotForSecurity , on 28.09.2016

No-one knows who TheDarkOverlord is. No-one even knows if he or she is one lone hacker, or a group of hackers. But one thing is certain, TheDarkOverlord must be giving some companies sleepless nights as they struggle to work out the best way to respond. You see, TheDarkOverlord has embraced the next era of online […] read more

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