Gartner Inc. – Network Securitas

July 15, 2016

Cybercrime Overtakes Traditional Crime in UK

This post was originally published on this siteIn a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims. The NCA’s Cyber Crime Assessment 2016, released July 7, 2016, highlights the need for stronger law enforcement and business partnership to fight cybercrime. According […]

October 1, 2016

Source Code for IoT Botnet ‘Mirai’ Released

This post was originally published on this siteThe source code that powers the “Internet of Things” (IoT) botnet responsible for launching the historically large distributed denial-of-service (DDoS) attack against KrebsOnSecurity last month has been publicly released, virtually guaranteeing that the Internet will soon be flooded with attacks from many new botnets powered by insecure routers, IP cameras, digital video recorders and other easily hackable devices. The leak of the source code was announced Friday on the English-language hacking community Hackforums. The malware, dubbed “Mirai,” spreads to vulnerable devices by continuously scanning the Internet for IoT systems protected by factory default or hard-coded usernames and […]

December 2, 2016

Visa Delays Chip Deadline for Pumps To 2020

This post was originally published on this siteVisa this week delayed by three years a deadline for fuel station owners to install payment terminals at the pump that are capable of handling more secure chip-based cards. Experts say the new deadline — extended from 2017 — comes amid a huge spike in fuel pump skimming, and means fraudsters will have another three years to fleece banks and their customers by installing card-skimming devices at the pump. Until this week, fuel station owners in the United States had until October 1, 2017 to install chip-capable readers at their pumps. Under previous Visa […]

January 4, 2017

The FTC’s Internet of Things (IoT) Challenge

This post was originally published on this siteOne of the biggest cybersecurity stories of 2016 was the surge in online attacks caused by poorly-secured “Internet of Things” (IoT) devices such as Internet routers, security cameras, digital video recorders (DVRs) and smart appliances. Many readers here have commented with ideas about how to counter vulnerabilities caused by out-of-date software in IoT devices, so why not pitch your idea for money? Who knows, you could win up to $25,000 in a new contest put on by the U.S. Federal Trade Commission (FTC). Electronics giant LG said today at the Consumer Electronics Show […]