Brexit and the impact on Data Security and Privacy

The majority of the UK voted to leave the European Union last week. In addition to all political and economic impact that follows Brexit, there is a question about how Information Security and Data Privacy will be affected. Amid the chaos, there is good news in this field: most likely EU data protection will still apply. Read more about Brexit and the impact on Data Security and Privacy[…]

Is the global banking system being hacked?

The recent news that banks in Bangladesh and Vietnam have been successfully hacked is a concerning fact about the level of IT Security in financial services. SWIFT has warned its 11,000 members worldwide about the recent incidents, which allowed hackers to transfer more than a million Euros from TPBank in Vietnam. It seems the malware Read more about Is the global banking system being hacked?[…]

An Apple backdoor is too dangerous to create

Tim Cook refusal to comply with the US Government demand to weaken its security has created such a turmoil on internet. During the investigation of the San Bernardino terror case, the FBI recovered iPhones from the murderers which are encrypted and its information inaccessible. Therefore now they’re asking to create a new version of iOS which Read more about An Apple backdoor is too dangerous to create[…]

Holding your data hostage

A few days ago the US Federal Financial Institutions Examination Council issued a warning for banks that they should expect ransomware to grow in the following months. Despite the fact that financial institutions are one of the sectors that invest the most in cybersecurity, it seems ransomware is increasing in numbers. Just in case, you really haven’t Read more about Holding your data hostage[…]

No industry is safe from hacking

One common misconception in many industries is that “our data is of no interest to hackers”. While it is true that certain data might have no much monetary value, in general, personally identifiable information is a gold mine for hackers and should be protected accordingly.   On Friday, the  Hong Kong-based telephone and toy maker Read more about No industry is safe from hacking[…]

Cyber-insurance is getting more costly

High-profile hacking events this years is not only directly costing million of Euros to the affected companies, it is also affecting the rest of us. Reuters recently published an article stating that cyber-insurance premiums are on the rise to the point that some companies are struggling to find the money to buy appropriate coverage. Insurance companies are Read more about Cyber-insurance is getting more costly[…]

Protecting your domain from DNS spoofing

In the IT Security circles, DNS has been a hot topic for quite a long time. The fundamental problem is that the entire Internet relies on the DNS, the phonebook of the internet. Back in the early 1980’s when DNS was being created, security was not a priority and it has remained an unauthenticated database Read more about Protecting your domain from DNS spoofing[…]

An open, free Certificate Authority

Recently I received my invitation to test Let’s Encrypt, a project to create a free, open, automated Certificate Authority. Although the project itself might not have caught many headlines, this promises to be a game-changer for the industry. Firstly, they already passed the stage of a nice, cool idea and are moving into the real world, they received a cross-signature Read more about An open, free Certificate Authority[…]

TalkTalk unavailable

TalkTalk hacking, the story hasn’t ended yet

Last week was quite a tough one for TalkTalk in the UK. It seems high-profile hacking is getting commonplace and not many sign of improvement. However, more than dwelling on the staggering fact that 4 million records were stolen, what is becoming more appalling is the management of the incident and the lack of transparency. TalkTalk Read more about TalkTalk hacking, the story hasn’t ended yet[…]