Cybercrime

Security experts have warned that cyber attackers will be quick to use the Meltdown and Spectre exploits, but the first attempt to capitalise on them has come in the form of fake updates

http://www.computerweekly.com/news/450433244/Beware-fake-Meltdown-and-Spectre-patches

With cyber-attacks increasing in frequency and severity, many companies are turning to insurance to cover their mounting losses. But can insurers quantify the risk accurately and could insurance lead to corporate complacency?

http://www.bbc.com/news/business-42687937

Cyber attackers ranging from criminals to nation states have upped their game in the past year, “moving the needle” in terms of tactics, techniques and procedures, a report by a cyber security firm warns

http://www.computerweekly.com/news/450433420/Cyber-attackers-upped-their-game-in-2017-warns-report

2017 turned out to be "a record-setting year" for cyber crime, according to new research from digital identity firm ThreatMetrix.

https://www.computing.co.uk/ctg/news/3024514/2017-a-record-setting-year-for-cyber-crime-claims-threatmetrix

Fraudsters are using specialist software which alters the sender ID on the message so that it appears as if it’s come from NatWest, adding it to any existing message threads on the recipient’s phone.

https://www.actionfraud.police.uk/news/fake-natwest-text-messages-appearing-in-message-threads-jan18

Over the last 20 years, paper processes have evolved to electronic data, and consequently, paper documents are used less often in the verification process people have to go through when interacting with regulation and authority.

http://www.businesscomputingworld.co.uk/the-evolution-of-identity-from-the-drivers-license-to-the-future/

The latest Android Fakeapp variant steals user credentials then uses deep links of the legitimate Uber app to hide the fact.

https://www.symantec.com/blogs/threat-intelligence/android-malware-uber-credentials-deep-links

While we are at the mercy of large companies to protect our privacy and data, this cyber threat requires vigilant personal responsibility.

https://www.inc.com/peter-gasca/how-to-protect-yourself-from-biggest-cyber-threat-we-personally-face-today.html

The coming year is likely to see an increase in the number of cyber-attacks on critical national infrastructure (CNI), according to a report based on experts’ forecasts

http://www.computerweekly.com/news/450432690/2018-could-be-year-of-critical-infrastructure-attacks-says-report

Researchers are urging companies to apply a security update to patch a flaw in Oracle’s WebLogic Server component that is being exploited to mine cryptocurrency

http://www.computerweekly.com/news/450432936/Cyber-criminals-exploit-Oracle-WebLogic-flaw