.jpg?width=200&height=78&name=CH%20Diligence%20(thicker%20line).jpg "CH Diligence (thicker line)")
Europol: Europol and Palo Alto Networks have signed a Memorandum of Understanding (MoU) to expand their collaborative efforts in combating cybercrime and working together to make cyberspace safer for citizens, businesses and governments.
Homeland Security News Wire: Companies interested in protecting themselves and their customers from cyber-attacks need to invest in themselves and the vendors that handle their data, according to new research from American University.
The target: FireEye, a publicly traded cybersecurity company in California.
The take: Corporate documents, details on client contracts and licenses, and personal login credentials.
The attack vector: Attackers used credentials exposed in public data breaches to access the personal accounts of a security analyst employed by FireEye. Once his accounts had been compromised, they were able to exploit his business use of those personal accounts to obtain sensitive information belonging to his employer.
On an individual level – this attacks highlights the importance of changing passwords and rotating credentials, particularly in the wake of a publicized credential breach. At the firm level - once confidential and sensitive information leaves a firm’s information systems, it’s completely outside of their control. Security policies must reflect zero tolerance for use of personal accounts to communicate on behalf of the firm or store/transfer sensitive and proprietary information.
Asian Investor: Cyber criminals continue to develop a variety of smart tools to plot hacking schemes and data breaches in today’s intricately connected digital world, in which almost everyone’s data is stored, processed and accumulated. Anybody can become a target.
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ZDNet: Ensuring an organisations suppliers and supply chain are well protected is now one of the key features of cybersecurity strategy because your company's defences rely on suppliers further down the chain.
Reinsurance News: While 95% of respondents to Aon’s Global Pension Risk Survey 2019 said their schemes had not been affected by cybercrime, a handful confirmed that they had been, and analysts expect this number to increase.
Gulf News: SWIFT is the leading provider of secure financial messaging services. SWIFT CSP is an initiative aimed at reinforcing the overall security of the global banking system by improving information sharing throughout the community, enhancing SWIFT-related tools for customers, sharing best practices for fraud detection and enhancing support by third party providers.
Financial Review: The cybersecurity company will open offices in Sydney and Melbourne with a starting presence of five full-time employees, led by former Symantec and Linksys executive Stephanie Boo, the firm's Asia-Pacific managing director.
ZDNet: It is unclear how today's Sophos acquisition will impact plans to buy McAfee, but the two companies -- Sophos and McAfee -- are classic rivals on the cyber-security market and share a product portfolio, so the door seems to have closed on the McAfee deal.
CNBC: With 43% of online attacks now aimed at small businesses, a favorite target of high-tech villains, yet only 14% prepared to defend themselves, owners increasingly need to start making high-tech security a top priority, according to network security leaders.
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