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Target: Basic security failures to blame for breach
In the immediate aftermath of the Target 2013 breach, Verizon consultants probed its network for weaknesses and came back with results that point to one overriding – lesson: be sure to implement basic security best practices. In a recent KrebsOnSecurity post, Brian Krebs details Verizon’s findings as set down in a Target corporate report.The findings demonstrate [...]
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Thwarting advanced threats with trusted crypto – White Paper
The dangers posed by advanced targeted attacks are real. Enterprises have come up against the limitations of approaches such as intrusion detection and signature-based malware detection. One promising avenue to explore is trusted crypto, which can help ensure that an application, for example, is doing just what its developers intended and has not been tampered [...]
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Cyber attacks: A Cloud Security Report
Cyber attacks are on the rise. Companies both large and small are targeted daily by hackers seeking valuable data to monetize in the cyber underground. Recent reports show that 87% of organizations are making use of cloud infrastructure, while analysts predict spending will exceed $200 billion in 2016. This means: 1) Organizations are making use of public clouds [...]
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Samsung Pay on defensive after mobile payments hack
Samsung has been forced to defend Samsung Pay users – its new mobile payment system – after a hacking attack on the subsidiary that built its technology. In a statement that followed a New York Times report that LoopPay had fallen victim to a group of Chinese hackers known variously as the Codoso Group or Sunshock Group, the company acknowledged the [...]
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The future is biometric, but privacy fears must be confronted
Over the summer, Mobey Forum’s Biometric and Security Workgroup, set up to explore opportunities and use cases for biometric authentication in mobile money, met with The Biometric Institute and the Natural Security Alliance, in a bid to exchange knowledge and expertise. Biometrics adoption is gathering pace, particularly in mobile financial services (MFS). Acuity Market Intelligence [...]
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