Ian Barker

Virtual room technology delivers secure customer interactions for the finance sector

One of the problems the finance and banking sector has had during the pandemic has been reduced branch access and the inability to hold face-to-face meetings.

Identity specialist OneSpan has introduced a technology called Virtual Room. Using this, financial institutions and their customers can digitally review and sign documents together without having to combine multiple tools and apps.

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COVID-19 leads to a year of cybersecurity challenges

covid cybercrime

Over the past 12 months, the COVID-19 pandemic has created the perfect environment for cybercrime to flourish, according to Verizon's 2021 Data Breach Investigations Report.

The report analyzed 29,207 quality incidents, of which 5,258 were confirmed breaches. With large numbers of people working remotely, phishing attacks increased by 11 percent, while attacks using ransomware rose by six percent.

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More than half of IT environments still contain WannaCry/NotPetya vulnerabilities

security flaw

A new report from cloud-native network detection and response company ExtraHop shows that on the fourth anniversary of the WannaCry attack a high percentage of IT environments are still running known vulnerabilities.

It shows the continuing use of ill-advised and insecure protocols, including Server Message Block version one (SMBv1), which was exploited by the WannaCry ransomware variant to encrypt nearly a quarter of a million machines worldwide, and is still found in 67 percent of environments.

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Cloud misconfigurations make 90 percent of companies vulnerable

Broken umbrella in storm

A large majority of companies that move to multi-cloud environments are not properly configuring their cloud-based services according to a new report from Aqua Security.

Over 12 months, Aqua's research team analysed anonymised cloud infrastructure data from hundreds of organizations. These were divided into SMBs and enterprises based on the volume of cloud resources they scanned.

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HP adds security by design for home and business users

HP is launching a newly integrated portfolio of secure by design PCs and printers, hardware-enforced endpoint security software, and endpoint security services to protect its customers from growing cyber threats.

The HP Wolf Security portfolio builds on the company's security research to offer a unified portfolio focused on delivering comprehensive endpoint protection and cyber-resiliency.

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Nearly half of IoT projects don't test for software security

Internet of things

Despite the fact that third party code in IoT projects has grown 17 percent in the past five years, only 56 percent of OEMs have formal policies for testing security.

A report from security testing and software research company GrammaTech, based on findings from a VDC Research survey, reveals that this is despite 73.6 percent of respondents saying security is important, very important or critical.

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More than a third of business leaders don't use data for critical decisions

According to a new survey 36 percent of executives are not using data for business decisions and only 40 percent actually trust data.

The research from Talend shows 73 percent of executives would like to make the majority of their decisions based on data, while nine percent would go as far as using data to drive all their decisions.

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Security training has little effect on reducing human error

Employee bored

Traditional techniques such as security awareness training and phishing simulations have a limited impact on improving employees' real-world cybersecurity practices according to a new report.

The study, prepared by the Cyentia Institute, uses aggregated data from 114,000 Elevate Security Platform users for the last three years, examining malware, phishing, email security and other real world attack data.

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Less cloudy outlook -- demand for on-premises software isn't going away

Installing...

Despite the rise in cloud-based applications, on-premises software continues to show significant growth and demand from enterprise customers.

A new report from Dimensional Research sponsored by Replicated shows customer demand for on-premises software is equal to that for public cloud, and more than 90 percent of software companies surveyed say their on-premises sales continue to rise.

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The normalization of data leaks and the privacy paradox [Q&A]

privacy key

Is society becoming too accepting of data breaches? Do we claim to want more privacy but then continue to treat our own data in a cavalier fashion?

A recently leaked internal memo from Facebook revealed the company's plans to normalize data scraping leaks and change the way the public views these incidents.

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Ninety-five percent of enterprise executives don't trust their data

Skeptical businessman

A mere five percent of enterprise executives have a high level of confidence in their data according to a new study.

The research conducted by HFS Research in conjunction with data management company Syniti also finds nearly half of respondents are significantly under-utilizing their data resources due to the lack of an effective data management strategy.

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How an open charging network could boost EV adoption [Q&A]

Electric car charging

Although there has been a surge of interest in electric vehicles brought about by governments legislating to phase out internal combustion power, many people are put off by the difficulties of charging, made more of a challenge by the number of different networks each needing its own app, card or token.

A new company EVPassport wants to build an open charging network, allowing EV drivers to use an API-based system integrated into an app like Google Maps, or simply scan a QR code on the charger. We spoke to its CEO and co-founder, Aaron Fisher to find out more.

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Google introduces new features to protect passwords

Google building logo

Google is taking steps to make people's accounts more secure by announcing two initiatives to mark World Password Day.

Firstly it's automatically enrolling all Google account users in two-factor authentication. This will begin with accounts that are appropriately configured for this transition. You can see whether your account is ready in Security Checkup.

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Hints and tips for World Password Day

Stealing password from code

Today is World Password Day, in case you hadn't already noticed, a day to promote better password management and safer password choices.

With billions of sets of stolen credentials circulating on the dark web, naturally there is plenty of advice and opinions on offer from the industry, so here's a look at some of what experts are saying about passwords, the vulnerabilities they represent and how they might be replaced.

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Third-party marketplaces are driving hyperscale cloud adoption

Cloud

Although many cloud providers offer a marketplace for additional products and services, it's the marketplaces of the big three 'hyperscale' clouds --Azure, AWS and Google Cloud -- that are by far the largest.

New research from enterprise search company Sinequa finds that these marketplaces are a big draw, with 93 percent of respondents reporting the marketplaces make the big three clouds more attractive as a platform.

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