Countless smart grid and meter opportunities drive market growth to $10.4 billion by 2022

Countless smart grid and meter opportunities drive market growth to $10.4 billion by 2022

by Luana PASCU, from IoT Security Insights , on 21.09.2018

Everyone wants to know what their accurate electric energy flow is, so when smart meters were invented to regularly record and send the information to the supplier over Wi-Fi, a new market opened up. Smart meters are already popular worldwide and have already been implemented in a number of countries, including Australia, Canada, Japan, United ... The post Countless smart grid and meter opportunities drive market growth to $10.4 billion by 2022 appeared first on Bitdefender. read more

How Businesses Risk Everything by Relying on Staff to Keep Ransomware Out

How Businesses Risk Everything by Relying on Staff to Keep Ransomware Out

by Filip Truta, from Business Insights , on 21.09.2018

Sophisticated malicious emails continue to creep into every inbox, every day. Yet many employees still don’t know enough to spot an unsecure website, and 13 percent of them click on URLs that could hide malware. And, while experts recommend training staff to sniff out phishing campaigns and other cyber threats, they also advise not to rely on staff to keep hackers out. read more

Equifax fined £500,000 for ginormous 2017 breach

Equifax fined £500,000 for ginormous 2017 breach

by Filip TRUTA, from HotForSecurity , on 20.09.2018

More than a year after hackers breached credit reporting agency Equifax to steal 146 million customer records, the UK Information Commissioner’s Office (ICO) has issued the company with a £500,000 fine – a small penalty for a such a monumental blunder. You might wonder why the UK and not the US (where Equifax is based) [and#8230;] read more

UK Treasury committee report: regulation is closing in on cryptocurrency

UK Treasury committee report: regulation is closing in on cryptocurrency

by Luana PASCU, from HotForSecurity , on 20.09.2018

Bitcoin has truly taken off, at a current worth of more than 5,000 euros. Other cryptocurrencies are slowly catching up, but there is one special surprise waiting for investors and exchanges that might hinder their expansion plans. Things are about to get complicated because MPs in the UK want to regulate cryptocurrency, writes The Guardian. [and#8230;] read more

7GB of Medical Data Publicly Exposed Thanks to Misconfigured AWS S3 Bucket

7GB of Medical Data Publicly Exposed Thanks to Misconfigured AWS S3 Bucket

by Luana PASCU, from HotForSecurity , on 20.09.2018

A misconfigured AWS S3 bucket belonging to Medcall Healthcare Advisors exposed sensitive patient records as well as confidential doctor-patient audio discussions. For some reason, the story about the misconfigured AWS S3 bucket keeps repeating itself. Verizon, the Pentagon, Toyota, Tesla and the NSA are among the companies that have fallen victim to the same data [and#8230;] read more

No Matter How Old the Vulnerability, Hackers Will Exploit It

No Matter How Old the Vulnerability, Hackers Will Exploit It

by Ionut ILASCU, from IoT Security Insights , on 20.09.2018

Malware that targets Internet-of-Things devices is not finicky about the methods it uses to infect the systems; the main concern is how large an army it can raise. Starting from this premise, cybercriminals seek vulnerabilities that provide a huge yield, no matter how old they are. A recent trend in IoT botnet malware is to ... The post No Matter How Old the Vulnerability, Hackers Will Exploit It appeared first on Bitdefender. read more

Amazon Hit from Within, Employees Leak Proprietary Data for Profit

Amazon Hit from Within, Employees Leak Proprietary Data for Profit

by Business Insights , on 20.09.2018

Insider threats are nothing to joke about -- they are a real danger to companies worldwide, who often neglect them. In fact, they rank among the top six threats of 2018, according to statistics. A company will spend at least $8 million yearly on insider threats, the Ponemon Institute has found. read more

FDA to demand medical smart device makers undertake strict cybersecurity checks before selling to HCPs

FDA to demand medical smart device makers undertake strict cybersecurity checks before selling to HCPs

by Filip TRUTA, from IoT Security Insights , on 19.09.2018

The U.S. Department of Health and#38; Human Services Office of Inspector General (OIG) has proposed the Food and#38; Drug Administration (FDA) change its internal processes to better address cybersecurity of medical devices before approving their sale to healthcare providers (HCPs). Healthcare is among the verticals most targeted by cybercriminals. In the case of medical smart ... The post FDA to demand medical smart device makers undertake strict cybersecurity checks before selling to HCPs appeared first on Bitdefender. read more

Researchers find new financial malware targeting banking customers in Brazil

Researchers find new financial malware targeting banking customers in Brazil

by Filip TRUTA, from HotForSecurity , on 19.09.2018

Bad actors are targeting businesses in Brazil using clever social engineering tactics and camouflaged malware to bypass strong authentication and security controls and ultimately take over bank accounts. Using a Trojan disguised as a legitimate banking module, the scammers seek login credentials to the victim’s banking account. IBM X-Force researchers dubbed the malware used in [and#8230;] read more

Amazon wants to release line of Alexa-controlled home hardware

Amazon wants to release line of Alexa-controlled home hardware

by Luana PASCU, from IoT Security Insights , on 19.09.2018

If you haven’t been caught up with the smart assistant craze yet, soon enough you won’t be able to get away from connected devices that can be controlled with voice assistants. This is what Amazon is striving to implement through its most recent hardware initiative, and heavy recent interest in IoT technologies. and#8220;We want customers ... The post Amazon wants to release line of Alexa-controlled home hardware appeared first on Bitdefender. read more

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