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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.
The target: Malindo Air, a Malaysian subsidiary of Indonesia’s Lion Group
The take: Approx. 35 million passenger records, including names, emails, addresses, passport numbers/expiration dates.
The attack vector: Two former employees of a subcontracted e-commerce provider were identified as having “improperly accessed and stole the personal data of our customers.” Malindo Air reiterated that their external controls were not breached and that “services and infrastructure worked as designed and were not compromised in any way.”
Malicious insiders are unfortunately common sources of data breaches, and internal controls and oversight must be put in place to ensure that data is being handled appropriately by both direct employees and subcontracted staff.
Property Funds World: A survey commissioned by Drooms, a provider of secure cloud solutions, found more than two in five (41 per cent) real estate professionals in Europe believe their industry is unprepared to deal with cyber-attacks.
CSO: With volumes of cybersecurity insurance claims surging, businesses need to be more careful than ever about what their policies do and don’t cover, according to an academic who warned that insurers are becoming more mercenary in their interpretations of cyber events.
Business Wire: Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, today announced the results of a survey examining how organizations are addressing industrial control system (ICS) cyber threats.
ZDNet: "Attackers are compromising these enterprise networks in order to access data and eventually the networks of their clients," the National Cybersecurity Agency of France, known locally as ANSSI (Agence Nationale de la Sécurité des Systèmes d'Information), said in a technical report.
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