Monthly Archives: October 2014

Charles Leaver – Identity Fraud Numbers Very Disturbing And Malware On The Increase

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This post written by Charles Leaver, CEO Ziften Technologies.

In a report it was revealed that breaches of customer data implies that there are more and more identity thefts being carried out nowadays. This is very disconcerting for all of us.

The report was performed by the National Consumers League and it reveals that in the year 2013, around 33% of consumer data breaches resulted in identity fraud, and this means that the statistic has tripled since the year 2010. This concerning rise can be explained by some clear factors. Cyber wrongdoers are utilizing far more sophisticated methods now and there is a lack of cyber attack laws that force companies to reveal when they have had an attack. To make matters even worse there are very few companies using endpoint detection and response systems to protect their data. All this means that we are going into an environment where consumers are discovering that their data is continuously under attack by deceitful hackers.

John Breyault, who belongs to the National Consumers League, stated that cyber attack breach legislation like the one operating in California can help with the reduction of breach reverberations by mandating the companies that have been breached to quickly get the word out.

He went on to say that after a breach prompt notification is needed so that individuals can conduct a “harm analysis” once they understand about an attack. This is everybody’s right and at the moment the kind of issue that would set a notice in motion remains really broad.

Sadly, it is not just identification theft that is under the spotlight. A different report highlighted that malware is now more common than it ever was.

 

Every Third Computer Has A Malware Infection Revealed In A Report

 

The Anti Phishing Workers Group published a report stating that malware was most likely to be present in as much as a 3rd of the computers throughout the world by the last quarter of 2013. This is a significant increase when compared with the previous quarter says Tech News World. The technical director of a security lab that examines cyber attacks, Luis Corons, said that new malware strains are being developed at an extremely rapid pace and that malware infections might increase even further.

He mentioned that the creation of new malware samples has actually just escalated and it has doubled from the last quarter of 2013 to the very first quarter of 2014.

The findings of these two reports highlights that there is no space for complacency in organizations when it pertains to security. Every company has to sure up its endpoint detection and response systems or deal with the fact that a cyber attack is increasingly more likely to be coming their way.

 

 

 

 

 

 

Charles Leaver

Charles Leaver – Defenses Will Prevent You From Being Fined For Malware And Breaches

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With malware becoming more stealth and the fines that enterprises face when they suffer a breach from it makes the case for implementing endpoint detection and response systems much more crucial than it remained in the past. Without the right defenses executed there is not only the risk of a significant cyber attack, but likewise fines and lawsuits that can be very harmful to a business. If a business thinks that it is immune to cyber attacks then they are being conceited and naive. The cyber wrongdoers out there are making their attacks practically undetected these days.

 

Serious Malware Danger Now Evading Detection

 

Embedding a secret message into something unanticipated is called steganography and is not something new that has arrived with the Web. In the 1600’s, Gaspar Schott produced a book which explained how a secret message could be concealed in a musical score and that this could be decrypted by those that learned about it. The method utilized was the notes on the score would correspond to a letter of the alphabet and for that reason the message could be checked out.

This practice has some stressing implications as it offers a nearly foolproof method of concealing info that should not be there. Cyber bad guys have been utilizing steganography for several years now. It was reported in a Federal Plan Cyber Security which was published by the National Science and Technology Council in 2006, that steganography represents a specifically devious way for terrorists to infiltrate U.S. systems.

The report specified that these tools are economical and extensive making steganography an enabling technology for the foes of the United States.

Nowadays cyber security attacks are widespread and hackers are leveraging steganography to perform attacks that are nearly undetectable and extremely advanced. In a paper on the risks of steganography, it was mentioned that there is momentum gathering in its usage among cyber lawbreakers who can use the technique to breach networks without detection. The report went on to say that Web based steganography has actually ended up being a lot more sophisticated and will only end up being more so in the years to come.

While steganography does pose a big threat it can be reduced by implementing an endpoint detection and response system. This system will carefully watch all locations where a cyber crook might gain access and it is suggested that all organizations take this important action.

 

The Charges Are High For Organizations That Are Exposed To A Cyber Attack

 

The risk of a steganographic attack must definitely suffice for you to install an endpoint detection and response system but if it isn’t then the considerable fines that your organization can be confronted with for a breach needs to be. Any company is vulnerable to attacks and fines. As an example of this the Women and Infant Hospital in Providence, Rhode Island, had to pay $150,000 as a result of a malicious breach which saw the details of 12,000 individuals jeopardized. The Modesto Bee specified that the data that the hospital lost consisted of Social Security numbers, dates of birth as well as ultrasound imagery.

The business world can also suffer at the hands of a cyber attack. eBay faced a lawsuit from a consumer in Louisiana after they were infiltrated according to Computerworld. Colin Green, who filed the lawsuit, is not alone in being disappointed and represents countless individuals who were not happy that their personal data was exposed when the cyber attack took place at eBay. The possible fines and law suits make the financial investment in a tested endpoint detection and response system actually beneficial.