Security

ComputerWorldIndependent

Don’t be the fool in the cloud

Credit to Author: Steven J. Vaughan-Nichols| Date: Mon, 16 Oct 2017 07:23:00 -0700

When I hear people worrying about cloud security, they’re usually shaking in their boots about some obscure bug beyond their control. Ha! Ordinary, stupid human mistakes are more than bad enough.

For example, Accenture left hundreds of gigabytes of private user and corporate data on four unsecured Amazon Web Services (AWS) S3 cloud servers. The data included passwords and decryption keys. What did you need to dig into this treasure trove? The servers’ web addresses.

That’s all. No user ID, no password, no nothing.

Adding insult to injury, according to Chris Vickery, director of cyber-risk research at security firm UpGuard, Accenture’s revealed data included its AWS Key Management System (KMS) master keys. With those, an attacker could have also taken control of all the company’s encrypted AWS data.

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ComputerWorldIndependent

FinTech builds on blockchain for international mobile payments

Credit to Author: Lucas Mearian| Date: Sun, 15 Oct 2017 21:07:00 -0700

IBM has partnered with a Polynesian payments system provider and an open-source FinTech payment network to implement a new international exchange based on a blockchain electronic ledger.

The new payment network uses IBM’s Blockchain Platform, a cloud service, to enable the electronic exchange of 12 different currencies across Pacific Islands as well as Australia, New Zealand and the United Kingdom.

KlickEx Group, a United Nations-funded, Pacific-region financial services company, and Stellar.org, a nonprofit organization that supports an open-source blockchain network for financial services, are backing the new cross-border payments service.

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ComputerWorldIndependent

Microsoft's anti-malware sniffing service powers Edge to top spot in browser blocking tests

Credit to Author: Gregg Keizer| Date: Sat, 14 Oct 2017 12:58:00 -0700

Microsoft’s Edge browser, the default in Windows 10, blocked a higher percentage of phishing and socially-engineered malware (SEM) attacks than Google’s Chrome and Mozilla’s Firefox, a Texas security testing firm said Friday.

According to NSS Labs of Austin, Tex., Edge automatically blocked 92% of all in-browser credential phishing attempts and stymied 100% of all SEM attacks. The latter encompassed a wide range of attacks, but their common characteristic was that they tried to trick users into downloading malicious code. The tactics that SEM attackers deploy include links from social media, such as Facebook and Twitter, and bogus in-browser notifications of computer infections or other problems.

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