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Cybercrime: Cyber crime encompasses any criminal act dealing with computers and networks (called hacking). Additionally, cyber crime also includes traditional crimes conducted through the Internet. For example; hate crimes, telemarketing and Internet fraud, identity theft, and credit card account thefts are considered to be cyber crimes when the illegal activities are committed through the use of a computer and the Internet. (Source: Webopedia)

2012 Data Breach Investigations Report

Section: Research
An insightful study, packed full of useful, well-presented data on information security breaches covering a dataset of 855 confirmed security breaches accounting for a combined 174 million compromised records. Complied with the collaboration of enforcement agencies from around the world, including the US Secret Service, Verizon’s 2012 report shows that many security breaches are the results of more than one threat action (malware, hacking, social, misuse, physic ...   read more

Android malware could hit mobile workers

Section: News
The amount of malware affecting Google's Android mobile operating system has increased more than fourfold during the third quarter of 2011. The rise could have a hugely negative impact on businesses that have adopted Android devices to boost their mobile working capabilities without considering the cloud security implications. The figur ...   read more

Businesses are 'willing to ignore cyber threats'

Section: News
Businesses deem cyber security to be a major consideration but at the same time are willing to accept high levels of risk - taking a hands-off approach to the problem. New research from Chatham House has shown that cyber security should no longer be seen as an ICT department problem, as complacency can cause untold damage. Placeholder0The organisation noted that the potential for reputational and financial damage is too high to be ignored by small and large firms alike, and sugges ...   read more

Companies 'are unaware they have a data security problem'

Section: News
The vast majority of companies are unaware they have a data security problem, according to the Centre for Cyber Security. Associate at the organisation Mark Dempster believes too many corporations lose data through phishing attacks without even realising it. Placeholder0He suggested firms may notice the security of their system has been compromised, but some wrongly assume that a stan ...   read more

Cybercrime costs UK economy £27bn

Section: News
Prime minster David Cameron has announced that tackling cybercrime is a top priority in the UK as hackers and scammers cost the country £27 billion a year. Mr Cameron said the only way the country was going to overcome the problem, however, was by working with other nations, businesses and security organisations. Placeholder0He claimed that cybercrime seemed endemic to the internet and the scale at which criminals were trading personal information was unprecedented. Speaking at a ...   read more

Cybercrime presents an 'epic challenge'

Section: News
Overcoming cybercrime will be an epic challenge that will require international cooperation between governments and industry. According to Anthony O'Mara, senior vice president for Trend Micro Europe, the Middle East and Africa, domestic cyber security initiatives like those proposed by the UK are welcome, but they are not the solution to the problem. Placeholder0Mr O'Mara believes that resources and knowledge should be pooled to create a worldwide defence force against hackers an ...   read more

Gartner predicts rise in low-cost cloud computing

Section: News
IT analyst Gartner has predicted that low-cost cloud computing is set grow in popularity over the next three-to-five years. The firm believes that the transition will reset businesses' perceptions of pricing and value in the marketplace.Gartner believes that IT infrastructure outsourcing revenues will be dramatically affected as a result. "The projected $1 trillion (£640 bill ...   read more

McAfee offers businesses malicious app tips

Section: News
Internet security specialist McAfee is warning businesses about the dangers of malicious apps as a pre-emptive measure to tackle the threat - despite the fact that mobile malware incidents remain relatively uncommon. The firm claims that end-users - whether they are business-based   read more

Mobile malware up by 800%

Section: News
The amount of mobile malware affecting smartphones and tablet computers has increased by 800 per cent in the last four months, according to new research from Get Safe Online. The security expert claims that many smartphone users are being hit with huge phone bills for messages they did not send thanks to malicious attacks from hackers. Placeholder0Get Safe Online claims that cybercriminals are using online app stores to disseminate their malicious software - disguising it as legit ...   read more

New security portal for VPN devices launched

Section: News
A new platform aimed at boosting the security of virtual private network (VPN) resources and cloud networks has been launched by SecureAuth. Bosses at the firm have suggested the SecureAuth IEP 6.2 boosts the protection of professional networks when being accessed by devices such as smartphones. Placeholder0Co-founder and chief technology officer at the company Garret Grajek believes t ...   read more

Trojans 'still most significant cloud security threat'

Section: News
Trojans are still the most significant cloud security threat and smartphones are increasingly being targeted by hackers and cybercriminals. The AhnLab Security Emergency Response Center (ASEC) published the results of a new report on the use of malicious code in the third quarter o ...   read more

UN investigates major online security breach

Section: News
The United Nations has mounted an investigation into claims that hackers have stolen the email addresses and login details of members of the organisation's Development Programme. A hacking group known as Team Poison have claimed responsibility for an attack that has allegedly compromised the online security of 100 members.Team Poison said the motivation for the attack was "fraud", however, it gave ...   read more

US spearheads cloud computing adoption

Section: News
The US government is forging ahead with cloud computing adoption, with almost a third of federal departments now using the technology. According to InformationWeek, this is a marked increase on the ten per cent that were using the technology a year ago. And the technology has just received the thumbs up from US cyber command chief and head of the National Security Agency general Keith Alexander. Placeholder0Speaking at the recent Defense Advanced Research Projects Agency's Cyber C ...   read more

6 UK Universities to Offer ‘Cyber Spy’ Degrees

Section: News
Six UK universities have submitted master’s degree programmes which have been accredited by GHCQ as a part of the ongoing Cyber Security Strategy. The specialist degrees will offer a qualification in cyber security and is intended to boost Britain’s defences against hackers and cybercrime. "Through the excellent work of GCHQ, in partnership with other government departments, the private sector and academia, we are able to counter threats and ensure we are stronger and more aw ...   read more

93% of Corporations Suffered 2012 Security Breach

Section: News
According to a recent publication from the UK’s Cabinet Office, 93% of large organisations and 76% of SMBs suffered some form of cyber breach this year. "With the cost for a security breach estimated between £110,000-250,000 for large businesses and £15,000-30,000 for smaller ones, these are losses which UK businesses can ill afford,” the latest report stated. Whilst the UK has a very healthy internet-based economy, worth around £82bn per year and risi ...   read more

Additional Java Exploit Discovered

Section: News
Just days after the release of a critical update for Java, ahead of Oracle’s usual quarterly patch release, another exploit has been discovered by Polish security experts. However, whilst the exploit affects the latest Java SE Update 7, no incidences have yet been found in the wild. It seems the "bug” is related to the previous one that Security Explorations found, which a patch was released for last week, the security firm’s CEO Adam Gowdiak read more

Anonymous take down US Sentencing Commission

Section: News
Hackers claiming to be a part of hacktist group Anonymous have attacked the US Sentencing Commission website in protest of the way that fellow hacker Aaron Swartz was treated by the authorities. Mr Swartz, 26, recently took his own life whilst he was awaiting trial for the hacking of online journals, which he claimed was a "political statement”. He was an advocate of internet freedom and whilst he had a history of depression, his friends and family have said that it was the thr ...   read more

Cybercriminals Will Adopt NSA Tactics

Section: News
Security expert Bruce Schneier has warned that cyber crooks will soon have the ability to adopt tactics similar to those used by the NSA at the RSA 2014 Conference taking place in the US this week. "The NSA techniques give about a three to five year lead on what cyber-criminals will do," he said at the security conference in San Francisco.

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Data security – the $100 billion problem that companies must fight

Section: News
The data security debate rumbles on as 71 per cent of merchants claim to have stored unencrypted card data in 2011. The figures, published following a survey by merchant data leader SecurityMetrics, highlight the need for firms to encrypt their data and continue the fight against hackers and thieves. In his blog, SPVA spokesperson Steven Hughes wrote: “These are troubling numbers, especially for an industry marked by ever-changing technology and increasingly sophisticated hack ...   read more

European Cybercrime Unit Proposed

Section: News
The European Commission has proposed plans to create a European Cybercrime Centre within Europol to help fight online crime. The centre is intended to "become the Union's focal point in the fight against cybercrime” and will warn all EU countries of emerging threats. The plans were outlined in a press release, which estimated the worldwide cost of cybercrime at around $388 billion, with more than one million victims of online fraud per day. The centre will ...   read more

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