Friday, 5 May 2017

Medium-ranged employers overlooking cyber-security

cybersecurity medium sized firm
The importance of cybersecurity training, corporation know very well but their smaller counterparts are not doing too good – that is the warning from 1 industry specialist who says a lack of education is putting Kiwi businesses at risk.

Friday, 21 April 2017

Donald Trump misses his own cyber security plan deadline after promising to deliver in 90 days

Donald trump john kelly

Donald Trump has missed a deadline on strengthening US cyber security. 
Before he was sworn in, Mr Trump said in a statement the US needs to “aggressively combat and stop cyber attacks.” He vowed to “appoint a team to give me a plan within 90 days of taking office.”We have now reached 90 days with no team, plan, report, or executive order on anti-hacking.

Michael Sulmeyer, director of the Harvard Belfer Center’s Cyber Security Project and former director of Cyber Policy Plans and Operations at the Defence Department, told The Independent that this should not be a difficult task to complete. 

Monday, 20 March 2017

McAfee on #Vault7: The CIA has failed its mandate to protect the American people

CIA google, apple security risk

The alleged CIA follow of deliberately keeping software package exploits unpatched for potential access is like not giving sick folks antibiotic drug, said John McAfee, the creator of McAfee antivirus, on the most recent WikiLeaks information treasure trove.

Monday, 20 February 2017

Trump’s Cybersecurity Plan is a Big No-Show at Key Event

TENS OF THOUSANDS of cyber professionals, academics, and a handful of public servants have swarmed downtown San Francisco for the annual RSA Conference — one of the largest digital and cybersecurity events of its kind.

But trying to find a representative from the 3-week-old White House in the convention halls is like playing a game of Where’s Waldo. None appeared to attend, and panels discussing cybersecurity policy worked off of leaked drafts of an executive order abandoned by President Donald Trump’s administration.

Thursday, 5 January 2017

Canada not afraid of Trump-induced US investor flight

Canada's international trade minister said Thursday that pressure by US President-elect Donald Trump would not keep American firms from investing in Canada or prompt them to withdraw any investments already made.

"The fact that Canada is now one of the countries in the world that supports an open society and open trade is a good reason to invest in Canada," Chrystia Freeland told a press conference.

"US businesses that have already made investments in Canada understand the intelligence and the quality of Canadian workers," she added.

Ford "Go Future". Announced to produce high-tech electrified and autonomous vehicles.

The minister's comments follow Trump's threats to slap General Motors, Ford and Toyota with import taxes for building automobiles in Mexico intended for the US market.

Tuesday, 27 December 2016

South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017

South African fintech organization ThisIsMe (TIM), which concentrates on identity check, has reported that it will add blockchain innovation to help its administrations and is relied upon to go live in 2017. 

More organizations are turning their regard for bitcoin's hidden circulated record, the blockchain, as they understand the possibilities it can convey. 

Just as of late, the significant Spanish vitality organization Endesa uncovered that it is anticipating opening a blockchain research center in an offer to support improvement of blockchain-based answers for the vitality business. 

It's additionally being utilized as a part of different zones, for example, the social insurance industry and the land business while Richard Branson trusts that the blockchain innovation could deliver a 'financial transformation'. 

Presently, however, trying to give better administrations to its actual personality confirmation, KYC (know-your-client), AML (hostile to government evasion), and individual verifications highlights, TIM have chosen to dispatch the blockchain innovation, reports IT Online.

Earlier this year, the Norton Cybersecurity Insights Report revealed that 76 percent of South Africans believe that identity theft has increased while 67 percent think that because of the popularity of smartphones and the Internet it is now more difficult to control where their personal information goes to.

Monday, 12 December 2016

Hack of Saudi Arabia Exposes Middle East Cyber Security Flaws

More than a year after a drowned Syrian toddler washed up on a beach in Turkey, the tiny refugee’s body, captured in a photograph that shocked the world, reappeared on computer screens across Saudi Arabia -- this time as a prelude to a cyber attack.

The strike last month disabled thousands of computers across multiple government ministries in Saudi Arabia, a rare use of offensive cyberweapons aimed at destroying computers and erasing data. The attackers, who haven’t claimed responsibility, used the same malware that was employed in a 2012 assault against Saudi Arabian Oil Co., known as Saudi Aramco, and which destroyed 35,000 computers within hours.

The Middle East, home to almost half of global oil reserves and much of its natural gas, is also a magnet for some of the world’s costliest cyberattacks, PricewaterhouseCoopers LLP said in a March 2016 report. The threat is set to grow as online activity mushrooms amid the region’s myriad geopolitical conflicts and tensions.

“For the last couple of years the U.S. Department of Defense has been trying to get the Gulf states to harden their defenses,” said James Lewis, senior vice president at the Center for Strategic and International Studies in Washington, D.C. “Some of them are in OK shape. Saudi Arabia is not.”

Damage Unclear

The extent of the damage isn’t clear, though two people informed of the security breach said it targeted the Saudi central bank, the transportation ministry and the agency that runs the country’s airports. One bright spot is that the Saudis have been able to restore some lost data via back-ups, recovering faster than they did after the 2012 strike, said one person familiar with the clean-up. 

The central bank, known as the Saudi Arabian Monetary Authority, denied that its systems were breached. The country’s General Authority of Civil Aviation said damage to its networks was limited to some office systems and employee e-mails.

While the assault was similar to the one that hit Saudi Aramco four years ago, the impact was “much smaller” and didn’t disrupt transportation or aviation services, said Abbad Al Abbad, executive director for Strategic Development and Communication at the Riyadh-based National Cyber Security Center.

Online Market

Cyberattacks in the Middle East threaten more than governments and public facilities -- they put economic development at risk. A unified regional online market could expand to include 160 million users by 2025 and add about $95 billion to gross domestic product, according to consultant McKinsey & Co. Saudi Arabia, the United Arab Emirates and other Arab states in the Gulf are leading this growth.

“The rapid adoption of digitization in the U.A.E. and Gulf Cooperation Council countries has made the region an attractive target for a wide array of security breaches, perpetrated by hackers with advanced cyber exploitation technologies,” Mohit Shrivastava, a senior analyst for information security at consultant MarketsandMarkets, said in a Dec. 5 e-mail.

Six months ago, FireEye Inc. detected cybercriminal strikes on Middle Eastern banks that were launched through e-mail attachments. The California-based cybersecurity company said the attackers appeared to be probing for targets. 

U.S. officials have said Iran was behind the 2012 attack against Saudi Aramco, and investigators also suspect Iranian hackers of involvement in the November blitz on Saudi government bodies. Media officials at Iran’s Foreign Ministry weren’t immediately available for comment.  

Iran too has been a victim of cybersabotage. A computer worm known as Stuxnet derailed work at the country’s main uranium-enrichment facilities in 2010, and the Flame virus crippled the Iranian energy industry two years later. Iran suggested that both incidents involved Israel, which doesn’t comment on its reported involvement in cyberattacks.