How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
The web may be largely funded thanks to online advertising, but the threat posted by malicious advertisements continues to escalate. Indeed, the latest malvertising scheme, uncovered by security firm Confiant, served 1 billion malicious advertisements.
As the internet of things plays a bigger role in many business sectors in Asia, the process of securing IoT must evolve, says Aseem Jakhar, co-founder and director of research and development at Payatu Technologies, a security services organization, who describes important steps to take.
Technology giants are still struggling to identify what's at risk from the Spectre and Meltdown flaws in modern CPUs, never mind getting working security updates into users' hands. In the meantime, expect a rush by researchers to find more flaws in microprocessor code.
The usual advice for major security flaws is to patch as quickly as possible. Now Intel is calling for a full stop due to imperfect patches for a trio of chip security vulnerabilities known as Meltdown and Spectre.
Some projects related to Singapore's Smart Nation initiative have been postponed as a result of concerns about the Spectre and Meltdown chip flaws that are affecting so many devices.
When building a next-generation cybersecurity operations center, or CSOC, organizations must first understand their attack profile and determine the scope of threat monitoring needed, says Jagdeep Singh, CISO at Rakuten India, an e-commerce company.
Leading the latest edition of the ISMG Security Report: Why some organizations with working backups still choose to pay a ransom after suffering a cryptolocking malware attack. Also featured: The U.S. government's push to bolster the private sector's "active defenses."
Intel says firmware updates it developed to help protect users against the Meltdown and Spectre vulnerabilities have been causing not just older CPUs but also its newest processors - in both client devices and data center servers - to reboot much more frequently than they should.
BlackBerry mobile devices have become a rare sight. But drivers of Audi, GM and Mercedes vehicles may be using the company's embedded operating system in their cars, and with a new tool called Jarvis, BlackBerry is also making a play to secure the code used to drive autonomous vehicles.
As a longtime investor in companies offering cybersecurity solutions, Alberto Yépez of Trident Capital Cybersecurity is most concerned by a lack of investment in one key area; replacing aged technologies that are supporting critical infrastructure industries, such as power utilities.
The CIA has attributed last year's outbreak of NotPetya wiper malware to Russia's GRU military intelligence unit, The Washington Post reports. Other intelligence agencies and information security experts have reached similar conclusions, warning that Russia's hybrid warfare campaigns are intensifying.
We are amidst a new "machine identity crisis," says Jeff Hudson, CEO of Venafi. And unless we tackle this growing challenge of how to secure machine-to-machine communication, then enterprise IT and security departments are likely to be overwhelmed.
This edition of the ISMG Security Report takes a look at how ready healthcare organizations are for GDPR compliance. Also featured: comments from Alberto Yepez of Trident Capital on the 2018 outlook for information security companies and a summary of the latest financial fraud trends.
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