Data Privacy

Mimecast Report Revenue Increase of 40%

Mimecast Report Revenue Increase of 40%

Mimecast, an information security and email archiving company revealed a revenue increase of 40 per cent for Q1 2018. The acceleration in revenue growth and declining losses is attributed to the recent global issues regarding cloud security and ransomware. The company’s CEO and CFO say that the impressive performance is delivered by strong retention and upsell. They also relayed that the company’s response to the evolving threat landscape with services such as Sync and Recover, which enables organizations to quickly recover in the event of an cyberattack greatly helped in boosting earnings. Source: The Register UK

HBO Offers Ransom Money, Asks Hackers to Extend Deadline

HBO Offers Ransom Money, Asks Hackers to Extend Deadline

HBO is offering its hackers $250,000 to extend the deadline for one more week. In an email interview with Reuters, the cable company’s tech team said that they were doing this “in the spirit of professional cooperation”. The network, owned by Time Warner Inc., said that they needed more time to obtain a Bitcoin ransom fund, or sort out account details to wire the funds through a bank. However, an expert said that this is conventional “stall tactic”, and there was never any intention to pay the sum of $250,000, or $6 million as the hackers originally demanded. Observers believe […]

USB Devices Not Secure, May “Leak” Data

USB Devices Not Secure, May “Leak” Data

New research from the University of Adelaide in Australia have revealed that USB devices may be indirectly leaking data that can be intercepted by a hacker. Scientists from the university found out that voltage fluctuations can “leak out” of USB port data lines in a phenomenon called “channel-to-channel crosstalk leakage”. An attacker can monitor and collect this data through an adjacent USB port. These attacks can be done using a random USB drive that a hacker can leave for the victim to pick up. A number of studies have shown that most people carelessly pick up random drives and insert […]

Bitfury Group and Insilico Medicine to Create Blockchain Apps for Healthcare Industry

US blockchain tech company Bitfury Group and Baltimore-based AI firm Insilico Medicine have been reported to close a partnership deal earlier this week. The collaboration intends to produce new applications that use blockchain for the healthcare industry. Valery Vavilov, Bitfury founder and CEO said that the two companies are looking to develop blockchain and artificial intelligence solutions that can help deal manage massive amounts of healthcare data. He revealed that they will be using Bitfury’s Exonum blockchain platform for storage and security in a system that is compatible with AI, but the project is still in its early stages and […]

U.K. Considers Fines for Nat’l. Infrastructures That Neglect Cybersecurity

U.K. Considers Fines for Nat’l. Infrastructures That Neglect Cybersecurity

Last Tuesday, news reported that the U.K. government is seriously examining plans to impose fines on national service providers that fail to implement effective cybersecurity measures. The move is intended for national infrastructures that provide services like energy, healthcare, water, electricity, and transportation. Its aims to provide legal regulations to help safeguard critical services from cyber attacks.   The government pursued the consultation following setbacks caused by the WannaCry ransomware outbreak on National Health Service operations. In line with this coming proposal, the government is reviewing the EU’s Network and Information Systems (NIS) Directive. Penalties could be up to £17 […]

Thousands of Macron Campaign Emails Allegedly Stolen and Published in WikiLeaks

Thousands of Macron Campaign Emails Allegedly Stolen and Published in WikiLeaks

Earlier this week, an unknown attacker allegedly stole and leaked an estimated 20,000 French electoral campaign emails that were digitally authenticated and published in WikiLeaks. The emails detailed President Emmanuel Macron’s crusade against election rival Marine Le Pen. The leaked messages were said to have been posted two days before France’s May 7 election. Following the issue, President Macron’s political group accused WikiLeaks of heading a destabilization plot, stating they will take the issue to the criminal court. In June, French cybersecurity firm ANSSI said they found no proof of any individual or group that linked the hacking to Macron’s […]

China App Store VPN Services to be Terminated by Apple

China App Store VPN Services to be Terminated by Apple

Beijing, China — Last Saturday, a report stated that virtual private network (VPN) programs will be eliminated by Apple from its China app store. Providers ExpressVPN and StarVPN stated that they got a message from Apple regarding their software’s removal from the China app store, citing unlawful content as the reason. However, other VPNs are still available in the store. VPNs are services widely used by Chinese citizens to bypass their national firewall to enter international sites. But local VPNs have been closed recently by authorities to tighten censorship. A statement by ExpressVPN expresses how alarmed they are that Apple […]

Learn More About Cybersecurity and Privacy at Disrupt SF 2017 in September

Learn More About Cybersecurity and Privacy at Disrupt SF 2017 in September

Reports last Thursday announced that the Disrupt SF 2017 conference will be held on September 18 to September 20. It aims to educate attendees about the state of cybersecurity, empowering users to keep themselves safe and secure despite the alarming encroachment of online monitoring, data-stealing AIs, and advertising. Disrupt SF 2017 will provide attendees with vital information about what its like from the point of view of companies and individuals. It will also discuss how the counter-movement allows consumers to reclaim control over their privacy and data. Two prominent cybersecurity and data privacy experts will panel in the event. Heather […]

Increased Cybersecurity Threats Opens Job Market for Hackers

Increased Cybersecurity Threats Opens Job Market for Hackers

Las Vegas, Nevada — Last Friday, a report reiterated how the rise cyber attacks have created business opportunities for hackers in the field of cybersecurity and data protection. This is evident in hacker conventions like the Def Con conference and the Black Hat convention where recruitment has flourished on the side. Jen Ellis, VP for cybersecurity firm Rapid7 Inc., says they also hold parties to meet highly-skilled people who fit specific security roles. As industries adopt digital management, securing information has become an absolute necessity. Businesses that were not dependent on technological management, from the medical field to automobile businesses, […]

Virgin America Releases Letter Confirming Breach of Employee Login

Virgin America Releases Letter Confirming Breach of Employee Login

Last Thursday, airline Virgin America posted a letter to its workers confirming that their corporate network was hacked on March 13. The letter said that an intruder was able to get unauthorized access to employees’ login data and passwords. An airline representative stated that login information of an estimated 3,120 contractors and workers were exposed. They also fear possible theft of personal details for 110 workers, including their social security codes, addresses, and government ID details. As for customer data breach, Virgin America stated that none of their customers’ information had been affected. It is unspecified how the intruder accessed […]

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