IT Security and Compliance Blog Archive

Read the news, developments and opinion pieces from years gone by about IT security and compliance from industry experts New Net Technologies.

The Wendy’s Company became aware of a POS Data breach in late January 2016, but little did they know that the number of affected franchises was to increase significantly.

The price associated with fraudulent credit card purchases was once left for the banks, but since last October, that burden has shifted onto retailers, unless they’ve upgraded their payment terminals to accept the latest EMV chip-based cards.

Ransomware attacks may be the latest craze, but security professionals are more concerned about next year’s major threat- ransom-driven DDoS attacks.

Right now, ransomware is the great white shark of cyber-attacks, the most feared malware of all, and both corporate and home users are running scared.

The FBI has recently published a PSA that claims over 22,000 victims and nearly $3.1 billion in losses have been reported from October 2013 to May 2016.

In the last 20 years, in the banking sector, the internet has proven to be a game-changer. The opportunity for banks to trade faster, more simply and on a global scale has revolutionized the business. But unfortunately, the cybercrime industry has developed even faster.

A proposed bill regarding data breach legislation in New York could soon be including individuals’ medical information under the definition of personal information.

State Farm has begun notifying customers of a data security incident involving a third-party vendor’s misuse of customer data.

The Federal Bureau of Investigation (FBI) recently issued a statement warning victims of the recent high profile hacks of LinkedIn and Myspace of a new extortion scam commonly used by scammers.

The Bank of England has recently instructed all UK banks to conduct compliance checks to ensure they’re abiding by best security practices following the $81 million cyber robbery of the Bangladesh Bank.

According to a survey conducted by Dimensional Research, security frameworks are seeing an increase in adoption rates, with the Center for Internet Security CIS Controls ranked as the leading framework in use.

TalkTalk has experienced profit losses of nearly fifty percent over the past year, due in part to the steep cost of several data breaches they experienced in just one years’ time.

The UK’s manufacturing industry is falling behind in their cyber security efforts and has been warned to step up their efforts or prepare for an attack if it has not happened yet already.

Security researchers at Avira have recently discovered versions of ransomware being replaced with harmless, dummy files.  

The proliferation and sophistication of ransomware have forced the FBI to warn internet users, again, that the number of infections is continuing to rise in 2016.

The latest system crippling ransomware deemed Locky has been working diligently in their pursuit to evade security controls and increase its infection rate and has successfully changed credentials of the ransomware’s code to support their mission.

According to the Armed Forces, Swedish military computers were hacked and consequently used in an attack targeting major United States banks back in 2013.

According to a study by Circle Research, the vast majority of UK businesses have experienced an increase in cyber-attacks over the past year.

The 2016 Cyber Security Excellence Awards honors products and companies that demonstrate excellence, innovation, and leadership in information security.

The infamous Trump Hotels Collection is investigating another possible data breach at three of its North American locations.

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