Author: admin

IndependentKrebs

Beware of Security by Press Release

Credit to Author: BrianKrebs| Date: Thu, 10 Aug 2017 15:40:30 +0000

On Wednesday, the security industry once again witnessed an all-too-familiar cycle: I call it “Security by press release.” It goes a bit like this: A security firm releases a report claiming to have unearthed a major flaw in a competitor’s product; members of the trade press uncritically republish the claims without adding much clarity or waiting for responses from the affected vendor; blindsided vendor responds in a blog post showing how the issue is considerably less dire than originally claimed. At issue are claims made by Denver-based security company DirectDefense, which published a report this week warning that Cb Response — a suite of security tools sold by competitor Carbon Black (formerly Bit9) — was leaking potentially sensitive and proprietary data from customers who use its product.

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FortinetSecurity

How Your Own People Pose a Threat to Financial Services Cybersecurity

Credit to Author: Bill Hogan| Date: Thu, 10 Aug 2017 12:58:00 +0000

Because financial services organizations are at an inherently greater risk due to the sensitive nature of the data they store, and the often-monetary motivations of cybercriminals, they are keenly aware of the damage that can result from a data breach. Data shows that the financial services sector was the most frequently targeted industry in 2016, with attacks increasing 29 percent year-over-year. In light of these attacks, along with increased government regulations, financial services firms are ramping up their security measures. In fact, a…

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