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Study finds employees’ security hygiene getting worse just as ransomware exposes insider negligence

LONDON, UK: At a time when ransomware and other attack techniques that exploit insider negligence become rampant, only 39 percent of end users believe they take all appropriate steps to protect company data accessed and used in the course of their jobs. This is a sharp decline from 56 percent in 2014, according to a new survey of more than 3,000 employees and IT practitioners across the U.S. and Europe. The report was conducted by the Ponemon Institute and sponsored by Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks.

: LARA LACKIE; Case Studies; Posted On Wednesday, 31 August 2016 10:29

Comment: Whatsapp has backtracked and decided to hand over its data to Facebook

Following the recent news that the messaging app Whatsapp has backtracked and decided to hand over its data to Facebook, Richard Patterson, Director at Comparitech.com says:

"This announcement is not all that surprising given that Facebook has a history of pushing the limits on privacy in an ongoing attempt to increase monetisation of its platforms and keep shareholders happy. You can almost imagine the boardroom discussion: “Sure, this will get us a bit of bad press but it will blow over; yes, we’ll lose a few users but 99.9% of our customers won’t give up WhatsApp and this will make us a truck load more money, so let’s do it. We’ll put out some story about how this will improve user experience and how seriously we take our customers privacy; and all but a few die hard privacy nuts will have forgotten about it by the end of the month.”

: SECURITY EXPERT; Talking Point; Posted On Tuesday, 30 August 2016 11:50

Tenable Network Security Finds 89 Percent of UK Infosec Professionals Fail to Connect Cyber Success with Strategic Business Objectives

LONDON: A survey conducted by Tenable Network Security, Inc. has found that a large majority of responding security professionals fail to measure and communicate security assurance within their organisations, and are therefore unable to connect a successful cyber security program to achieving strategic business objectives for board members and senior executives.

: Elizabeth Nikolova; Industry News; Posted On Tuesday, 30 August 2016 11:42

Security Flaw Discovered In Samsung Pay - expert comment

Security researcher Salvador Mendoza recently discovered a security flaw in Samsung Pay and discussed it during his Black Hat talk in Las Vegas. Basically Samsung Pay generates tokens each time a transaction is made. The idea is that this will mask the credit card information so that in the event it is intercepted, the details can’t be seen by the hacker. However according to Mendoza, he claims that with every token that Samsung Pay generates, the process becomes weaker and weaker till the point where if used enough times, a hacker could predict future tokens and steal them for use in another device.