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DailyHeraldBusiness: Data breaches are constantly in the news and most companies know they should be concerned about privacy and the security of their data, or at least recognize this is an important and complex area. However, most family offices are not sure how to start addressing their concerns, or worse, don't view the family office as a target...
Metro: CYBER attacks against businesses have rocketed with six out of ten companies reporting at least one incident last year, a survey has revealed. The financial cost related to cyber crime also sharply increased, with the average loss reported at £283,000 — up nearly two thirds on the previous year. While large firms remain the most likely to be targeted, the number of small and medium sized businesses affected by the crime also rose significantly in 2018...
Forbes: The arrest of Wikileaks founder Julian Assange marks the first step toward bringing to court one of the most prominent cyber crimes in American history. With cyber-threat actors making a living off of hacked information, it should come as no surprise that U.S. government intelligence agencies are shifting focus and resources to address the issue, which includes $15 billion set aside from the President’s budget for cybersecurity-related activities...
ZDNet: A hacker who spoke with ZDNet in February about wanting to put up for sale the data of over one billion users is getting dangerously close to his goal after releasing another 65.5 million records last week and reaching a grand total of 932 million records overall. The hacker's name is Gnosticplayers, and he's responsible for the hacks of 44 companies, including last week's revelations...
Reuters: Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history. The proposed class-action settlement made public on Tuesday was designed to address criticisms of U.S. District Judge Lucy Koh in San Jose, California. She rejected an earlier version of the accord on Jan. 28, and her approval is still required...
IT World Canada: Despite widespread publicity, finger-pointing and the laying of criminal indictments, some countries continue trying to interfere online with democratic processes around the world. As a result Canada’s electronic spy agency believes it is now “very likely” Canadians voters will encounter some form of foreign cyber interference during the run-up to October’s federal election, most likely through disinformation — commonly called fake news...
TheSun: Cyber-crime Facebook groups where members buy and sell the credit card numbers of fraud victims and share other online crime tips have been uncovered by a report. A total of 74 groups have been found so far and they contain around 385,000 members...
Tech Digest: Technology which enables HSBC customers to access bank accounts using their voice as a password has prevented over £300 million falling into the hands of fraudsters since it launched in the UK, claims the bank. More than 1.6 million HSBC customers across the UK now use VoiceID, which launched in 2016. HSBC said attempted frauds have been growing, with general increased activity by fraudsters thought to be as a result of a significant number of third-party data breaches as well as phishing emails and scam text messages in recent years...
New York Times: Microsoft took control of 99 websites that it said Iranian hackers had used to try to steal sensitive information from targets in the United States, according to court documents unsealed Wednesday. By taking over the sites, Microsoft can stop future cyberattacks and monitor how previously infected computers were compromised, the company said...
Reuters: U.S.-Israeli cybersecurity firm Aqua Security said on Wednesday it raised $62 million in a funding round led by Insight Partners, bringing the company’s total venture funding to more than $100 million. Aqua’s existing investors - Lightspeed Venture Partners, Microsoft’s venture fund M12, TLV Partners and Israeli billionaire Shlomo Kramer - also participated in the round...
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