NaviSite named SVC 2014 Cloud Company of the Yea... » NaviSite takes home the top prize for its work with PMGC Technology Group Ltd. to deliver enterprise... Zylpha adopts Adobe EchoSign as E-Signature Soluti... » Zylpha has adopted Adobe EchoSign, an e-signature solution, that will allow Zylpha customers to incr... €1bn CONTRACT TO DEVELOP CUTTING EDGE RADAR FOR ... » A €1bn (approximately £800m) contract for the development of a new electronic radar system for the E... Game-changing threat intelligence service combin... » London: Complete cybersecurity service provider, SecureData has today launched SecureData GI (Greate... New cellular certification adds to Opengear’s out-... » Sandy, UT: Opengear has announced the addition of the ACM5504-5-GS-I and the ACM5508-2-GS-I remote m... Zertificon's decade of success » Berlin: On its 10th anniversary, IT-Security specialist Zertificon looks back on a successful decade... KREA enhances network capabilities with Claviste... » KREA, Turkey’s largest e-mail marketing company, has enhanced its network capabilities following a d... Patch Tuesday: Adobe update » Yesterday Adobe published the second update (APSB14-26) of Adobe Flash this month, an out of band re... Templar Executives awarded CESG certification fo... » Cyber security specialist Templar Executives has become one of the first organisations to gain accre... NBCS supports calls for collaboration in fight aga... » “We couldn’t agree more with the recent comments made by Georgina Barnard, TP Crime Reduction & Part...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

London: Commenting on the system compromise of US-based security vendor Bit9, Venafi says that the cybercriminal incursion – whilst unfortunate – signals the significant changes in the threat landscape that have been taking place over the last few years.

 

According to Calum Macleod, EMEA Director with the Enterprise Key and Certificate Management (EKCM) solutions specialist, just as the hacktivist force behind the Anonymous collective has gathered pace in recent times – culminating last April with Time classifying the cause in its top 100 of the world’s most influential people (http://ti.me/WGnERB) - so the cybercriminal landscape has also changed.

“It’s a much darker threats landscape that IT security professionals are now dealing with, with trust – amongst clients, peer organisations and employees – having become an incredibly fragile, but essential, part of the security fabric of business,” he said.

“This situation is compounded by the fact that executives - even those in IT security arena - have little to no understanding of how truly fragile trust is today. A few kilobytes of cryptographic data can mean the difference between a company losing millions from the serious financial and reputational consequences that result,” he added.

The Venafi EMEA Director went on to say that, every business and government now relies on cryptographic keys and certificates to provide and ensure these levels of trust.

These technologies, he explained, are behind what makes society function today —from card payments, online shopping, all the way to smartphones and cloud computing.

And in parallel with this, he says, the ability to measure and track trust has also changed in what is an increasingly global and interconnected world.

Unfortunately, adds Macleod, cybercriminals now understand how fragile our ability to control trust has become.

“Malware like Flame and Stuxnet - and targeted attacks such as those on Bit9 - are just some of the examples of the escalating and accelerating attacks on trust in a business landscape that relies on technology,” he said.

“The only certainty that can be drawn from this event is that these types of attacks – and their underlying methodologies - will explode as more cybercriminals become aware of their success,” he added.

 

“The inability to detect these attacks, take action - and ultimately the pervasiveness of cryptographic keys and certificates, plus the protocols that depend on them – means that criminals of all types will increasingly continue to turn their attention to these attacks.