Cybersecurity: into the data breach

Cybersecurity has become a significant issue as attacks are increasing. In the new payments ecosystem, where third-party developers can directly interact with banks’ customers, data privacy and security become paramount, according to the World Payments Report 2017 by Capgemini and BNP Paribas. A significant issue to address as the new payments ecosystem evolves is that …

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33% of businesses hit by DDoS attack in 2017, double that of 2016

Distributed Denial of Service attacks are on the rise this year, and used to gain access to corporate data and harm a victim’s services, according to a Kaspersky Lab report. Cybercriminals are increasingly turning to Distributed Denial of Service (DDoS) this year, as 33% of organizations faced such an attack in 2017—up from just 17% …

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Euro commissioner calls for more collaboration on cyber security

European commissioner for security union has called for greater awareness of cyber security risks and increased collaboration in defending against them. Cyber threats are one of the top security concerns for nine out of 10 European Union citizens, according to Julian King, European commissioner for security union. “In an internet-connected age that is becoming ever …

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DDoS attacks double as corporate data becomes new target

While more organisations are being hit by a DDoS attacks in 2017 compared to last year, less are being hit by more than one. DDoS attacks have increased in frequency in 2017, with 33 per cent of organisations having faced one this year compared to just 17 per cent in 2016. While DDoS attacks have …

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US SEC Corporate Filing System Said to Be Vulnerable to DDoS Attacks

The US Securities and Exchange Commission (SEC), Wall Street’s top regulator, has discovered a vulnerability in its corporate filing database that could cause the system to collapse, according to an internal document seen by Reuters. The SEC’s September 22 memo reveals that its EDGAR database, containing financial reports from US public companies and mutual funds, could be …

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