Security

Data researched by Trading Platforms UK indicates that the value of cryptocurrency hacks and thefts between 2019 and 2020 increased by 38.38% from $370.7m to $513m. Over the last five years, the value was highest in 2018 at $950m, an increase of  257.14% from $266 million in 2017.

New market research from TietoEVRY has shown that UK and European consumers are concerned about infection risk when paying in-store, with worries about theft and fraud growing as contactless limits rise. In a new whitepaper TietoEVRY argues that now’s the time to introduce biometric security on contactless cards.

Preventing website attacks isn’t always top of mind for small-to-medium-sized businesses (SMBs), despite the critical role security plays in their success. A new study by Sectigo, the ‘State of Website Security and Threat Report’, has revealed that 20% of SMBs have experienced a website breach in the past year alone, even though nearly three-fourths believe their companies are mitigating risks effectively.

The ETSI Industry Specification Group on Permissioned Distributed Ledger (ISG PDL) has recently released a number of reports to support industry and government institutions needs for what is commonly known as blockchain. These Reports cover data record compliance to regulation, application scenarios and smart contracts.

Electronic Specifier’s Cyber Security Forums, held during last year’s electronica show, are now available to view on our YouTube channel and within our own Tech Videos section.

In 2020, 4,550 organisations used barracuda email threat scanner to scan 2,600,531 unique mailboxes and found 2,029,413 unique email attacks. On average, 512 attacks were found per organisation, and one out of seven mailboxes (14%) had at least one attack currently sitting inside, even if messages were scanned by an email gateway solution.

Thanks to cyber crime making regular headlines in the news, it’s no secret that massive data breaches are a significant threat to organisations. However, a new report from cyber security provider F-Secure highlights the rarely-discussed impact these attacks can have on people and families using online services.  

Sequitur Labs has joined the STMicroelectronics Partner Program to make Sequitur’s EmSPARK Security Suite available for technical and business collaboration between ST and third-party companies.

In all kinds of software, the development stage is where the majority of future vulnerabilities originate, and can ultimately lead to performance issues, or be the ingress point for malicious attacks. The consequences of not dealing with these vulnerabilities can be substantial, especially in safety-critical products involving embedded software. Steve Howard of Perforce Software explains.

As much as 88% of data breaches are caused by human error, but only 43% of workers admit having made mistakes that compromised cyber security. In the past year a third of the breaches incorporated social engineering techniques and the cost of a breach caused by a human error averaged to $3.33m. Juta Gurinaviciute, Chief Technology Officer at NordVPN explains.