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Cyber Security: High Demand for Specialists

Cybersecurity is one of the highest paying careers in the world, yet many job positions are still unfilled, why is that?  According to Forbes magazine, there are over 40,000 jobs in cybersecurity that are open and companies are desperate to hire qualified professionals.  ISACA, a nonprofit, global membership association for IT and information systems professionals, predicts that by the year 2019 there could ... Read More »

European GDPR Will Impact Data Management Globally

By Tim Heath, Cyber Security Intelligence With Europe’s General Data Protection Regulation set to take effect on May 25, 2018, IT and data management leaders across the world, including those in the United States, should be preparing for the new requirements affecting organizations inside and outside of Europe. You don’t have to have physical operations in Europe to be affected ... Read More »

Cyber Resilience and Supplier Risk: Moving Beyond Compliance

Cyber Risk Prevention has become a Board Room Responsibility.  Here is a useful approach to proactively mitigate risk.    BIIA recommends members to carefully consider the contents of a speech delivered by Nausicaa Delfas, Chief Operating Officer at the FCA (UK’s Financial Conduct Authority), at the Cyber Security Summit and Expo 2017 Highlights: Cyber resilience is not tick box It should ... Read More »

Cyber Security: Unstructured Data and the Threats You Cannot See

Every day, IT security teams are inundated with data, security events, network flows, configuration information, and so on, which then must be collected and analysed for potential vulnerabilities. Your team probably has a solid, established approach or even a documented strategy for doing this. If so, great. But is that enough? Security teams need to take a cognitive approach to ... Read More »

The Modern Form of Bank Robbery: Cyber Criminals Steal $1Billion

A cybercrime outfit stealing from as many as 10 banks in Russia, Armenia and Malaysia is alleged to have stolen possibly as much as $1 billion worldwide from financial organisations. The new group has been called Silence by researchers at Kaspersky Lab who recently published a report about the criminals’ activities, which bear a sharp resemblance to Carbanak. But the relationship apparently ... Read More »

Risk Management: Data Breach Cover-up a new Form of Credit Risk

Uber concealed a massive global breach of the personal information of 57 million customers and drivers in October 2016, failing to notify the individuals and regulators, the company acknowledged on Tuesday 21st November. Uber confirmed it had paid the hackers responsible $100,000 to delete the data and keep the breach quiet. Uber also disclosed that hackers had stolen 57 million ... Read More »

Big Data and Fighting Crime

In recent years, big data technology has revolutionised many domains, including the retail, healthcare and transportation sectors. However, the use of big data technology for policing has so far been limited, particularly in the UK. This is despite the police collecting a vast amount of digital data on a daily basis and ther is a lack of research exploring the potential uses ... Read More »

Israelis Hacked Kaspersky

An Israeli security agency hacked into Russian antivirus firm Kaspersky Lab in 2015, providing the crucial evidence required to ban the company from providing services to the US government. While the Israeli spies were inside Kaspersky’s systems, they observed Russian spies in turn using the company’s tools to spy on American spies. That information, handed to the US, led to ... Read More »

We Want You: A Call for an Ad Fraud Task Force

Rishi Dave, CMO at Dun & Bradstreet contemplates that the digital advertising industry is likely to become one of the largest markets for criminal organizations within the next decade – and it’s going to take everyone in the industry to help solve this problem Do you know which industry is likely to become the second-largest market for criminal organizations within ... Read More »

FICO Doubles the Power of Cybersecurity Score to Predict Breaches

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 Research Discloses Limited Website Data Breach

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 »

Cyber Security: What Is A Good Strategy?

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 »

Data Protection and Breach Notification Legislation Strengthens Across the Asia-Pacific Region

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 »

General Data Protection Regulations (GDPR): Ten Myths Debunked

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 »