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The risks from Cyber cime - Hacking - Loss of Data Privacy - Identity Theft and other topical threats - can be greatly reduced by implementation of robust IT Security controls ...
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Pat Carroll Founder/Executive Chairman at ValidSoft
The holiday season is a prime time for fraudsters to target consumers' credit cards and it's not surprising that Dexter has come to light a week before Christmas. Dexter is yet another malware variation that targets point-of-sale purchases by skimming debit and credit cards and stealing account holders' details for subsequent fraudulent use. Dexte...
20 December 2012 /security
Steven Murdoch Royal Society University Research Fellow at University College London
The EMV (Chip & PIN) protocol requires ATMs and point-of-sale terminals to generate a random number. If this number (known in EMV terminology as the "unpredictable number") isn't random, Chip & PIN is left vulnerable to the "pre-play" attack, which is indistinguishable from card cloning to the bank which issued the card...
11 September 2012 /security /payments
Uri Rivner CEO and Co-Founder at Refine Intelligence
A couple of weeks ago I got a LinkedIn invitation from someone called Tricia Bennett. I don’t know Tricia, and in such cases I’ve developed a best practice of first asking “hey mate, do I know you from somewhere”? What’s the rationale for linking yourself professionally only to people you’ve actually met? Well, other than general common sense, it’s...
28 August 2012 /security
Experian figures show just why we need EC3 and an industry strategy for countering Cyber Crime Following recent news from Experian that more than 12 million pieces of personal information have been illegally traded over the internet in the first four months of 2012 got me thinking about whether there is a disconnect between people’s attitudes to s...
24 July 2012 /security
This week two large-scale fraud scams caught my attention. The first scam sees fraudsters using new and improved Zeus and SpyEye malwares to infiltrate people’s computers, enabling them to steal their personal details so that they can siphon large amounts of money into their own bank accounts. This isn’t the first time that malware has conquered i...
28 June 2012 /security
Here are some further thoughts on the LinkedIn compromise, following my previous blog post. Over the years I did some unscientific research on LinkedIn. Here’s some unofficial statistics I have on LinkedIn accounts: about 25% of LinkedIn users use their real corporate email account as the user name. That’s not a good practice for many reasons, som...
13 June 2012 /security
The recent LinkedIn accounts compromise in which 6.5 million password hashes were published in the Russian hacker community grabbed a lot of media attention. In a hellish period of publicly known breaches that hit the front page news, with perimeter security defenses failing left and right in any possible vertical and geography, this incident stirs...
11 June 2012 /security
Many of us will have come back from the extended holiday period ready to start the New Year with a bang, only to realise that we’ve forgotten our computer password and can’t do anything until the IT department resets it. It’s not just the fact that you’ve been out of the office for 10 days. By insisting on “strong” passwords, IT departments are in...
03 January 2012 /security
Retired Member
Consumers love alternatives, especially if the alternative is easy to use and already part of their everyday life. However, most consumers who undertake e-commerce using their mobile device are woefully unaware of the risks. Even when they do, there tends to be an ‘it-will-not-happen-to-me’ response. We are in some ways in the technological dawn ...
20 December 2011 /security /payments
With the UK’s “Get Safe Online Week” drawing to a close today, hopefully awareness of fraudulent online activity is on the up. The campaign highlighted all sorts of risks consumers may face with online banking, online shopping and their use of smartphones to browse internet websites, and explained how they could take care and be aware. Unfortunate...
11 November 2011 /security
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