Cyber Security

Refreshed analytic model in FICO® Enterprise Security Score gives users unprecedented accuracy in measuring cyber breach risk HIGHLIGHTS: The latest analytic model in the FICO® Enterprise Security Score is twice as accurate at predicting a data breach as the previous model, and more than four times as powerful as the best results claimed by competing solutions. New data sources, including ... Read More »

Forrester discloses that it suffered a cyber-security incident, though no confidential information was apparently stolen. Forrester Research announced that it was the victim of a cyber-attack. According to the firm, the attack had limited impact, with no evidence that confidential client data had been stolen.  According to Forrester Research’s preliminary investigation, attackers were able to gain access to Forrester.com content ... Read More »

Cybersecurity has never been as important as it is today. Cyber-attacks are becoming ever more ambitious and overt. The two big recent malware attacks, Petya and WannaCry both used phishing attacks to spread malware through networks, with Petya in particular, engaging sophisticated, multi-pronged methods which renders the user’s computer inoperable, but also provides the hackers with full access to the ... Read More »

The shifting landscape in cybersecurity and data protection regulations across the region is a very hot topic.  Asia as a region has lagged behind Europe, in particular, in terms of the development of updated data protection laws. The last few years have seen a real rapid pace of development in this area. We’ve actually had a number of jurisdictions — ... Read More »

On May 25, 2018, the European Union’s (EU) General Data Protection Regulation (GDPR) will take effect throughout all European Union member states. GDPR is a new regulation by which the European Commission intends to strengthen and unify data protection for individuals whose data is managed by organisations within the EU and for EU resident data worldwide. In short, every country ... Read More »

China has established a digital “cyber-court” for online cases. The Hangzhou Internet Court opened for business on 18th August with its first case – a copyright infringement dispute between an online writer and an Internet company. Legal representatives accessed the court via their computers, while defendants and plaintiffs attended via video-chat. According to media reports, the court’s focus will be ... Read More »

Thirteen years of negotiations at the United Nations aimed at restricting cyber-warfare collapsed in June, it has just emerged, due to an acrimonious dispute that pitted Russia, China and Cuba against western countries. The split among legal and military experts at the UN, along old cold war lines, has reinforced distrust at a time of mounting diplomatic tension over cyber-attacks, ... Read More »

Equifax on Friday blamed a flaw in the software running its online databases for allowing hackers to steal the personal information of as many as 143 million Americans, according to an article in The Post. Hackers were able to access the info — including Social Security numbers — because there was a flaw in the open-source software created by the Apache ... Read More »

Former Hong Kong Police Force and JP Morgan Chase security head Paul Jackson has carved out his space as Kroll’s new Asia-Pacific leader for the company’s Cyber Security and Investigations Practice in Hong Kong. Kroll’s global cyber security practice leader Jasan Smolanoff, says it’s exciting to have an experienced team member on board the Asian team. He cites Jackson’s ability ... Read More »

Key facts FIS and Equifax jointly created OnlyID™, a digital authentication solution that helps protect consumers’ identities and allows them to securely make transactions across multiple online accounts. Without the need of passwords, consumers access OnlyID with a single registered identity through their preferred financial institutions and e-retailers that join the OnlyID Network. The OnlyID Network consists of authenticated consumers ... Read More »

Ransomware and hacking incidents plagued 2016, and this year is no different, with the latest Protenus Breach Barometer midyear report finding that 2017 is on pace to exceed last year’s rate of one breach per day. So far this year, the healthcare sector has reported 233 breach incidents to the US Department of Health and Human Services, state attorney generals and media. ... Read More »

Marcus Hutchins, (Twitter ID @MalwareTech) the British security researcher who was credited with stopping the WannaCry outbreak in its tracks by discovering a hidden “kill switch” for the malware, has been arrested by the FBI over his alleged involvement in another malicious software targeting bank accounts. According to an indictment released by the US Department of Justice on Thursday 3rd August, Hutchins ... Read More »

Small and medium sized businesses increasingly feel that they’re vulnerable to cyber threats but most aren’t prepared to meet them. A new survey from endpoint security specialist Webroot finds that 96 percent of businesses with 100 to 499 employees in the US, UK and Australia believe their organizations will be susceptible to external cybersecurity threats in 2017. But although they recognize the ... Read More »