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Cyber Security News Round Up 11/08/17

Posted on Friday, August 11th, 2017 in Information Security

In what has been another eventful and tumultuous week for our industry, we look back the news that has got us all talking over the past seven days.

WannaCry ‘hero’ becomes ‘malware villain’ (or martyr, depending on your viewpoint), new fears of North Korean cyber attacks following hostile to and fro with the USA, and a hacker group is threatening to release their treasure trove of HBO data unless the media giant hands over ransom payment.

Additionally, we have collated countless articles on GDPR as we continue the slow march towards the legislation’s introduction.

A brief summary of the best of these articles are below;

  • Marcus Hutchins freed on bail as InfoSec industry rallies to aid Kronos suspect
  • In the most recent chapter of the bizarre cyber soap opera surrounding Marcus Hutchins, InfoSec industry leaders rally to his defense.

  • Forget nukes, North Korea’s true weapon is cyber warfare
  • North Korea is off the grid to the point where satellite images of the Korean peninsular show only darkness north of the border. For a country so isolated in almost every sense of the word, their cyber capabilities are staggering and, arguably, more of a real world threat than their nuclear program. - NY Daily News

  • A overview of experts opinions on incoming GDPR legislation
  • “It is important that the general public embraces this new freedom and recognises the value of personal data – not just to ourselves but to would-be cybercriminals.” - David Emm - Information Security Buzz

  • TalkTalk fined for data breach of 21,000 customers customers
  • For the second time in the space of 12 months, TalkTalk have been fined for putting details of their customers at risk of falling into the hands of scammers and fraudsters. - ICO

  • UK companies could face huge fines for cyber security failures
  • Matt Hancock, the minister for Department for Digital, Culture, Media and Sport says companies could be fined as a ‘last resort’ for failing to adapt after cyber security failures. - The Guardian

  • 67% of malware attacks delivered by phishing in second quarter of this year
  • Another statistic highlighting the dangers that phishing poses to domestic and commercial users alike, nearly three quarters of malware attacks were conducted via phishing attacks. - Dark Reading

  • Edinburgh fringe attendees, workers and performers at risk from cyber crime
  • Expert says shared WI-FI networks could cause major issues at the festival. - The Stage

  • After years of rumours and uncertainty, Adobe announce it will stop updating Flash Player in 2020
  • Historically, once one of the most commonly used and most exploitable pieces of software available, Flash Players use has declined consistently since Apple refused to add it to the iPhone citing security concerns. - Computer Weekly

  • Op-Ed about how the state of digital security will be in 2027
  • Interesting look at the current state of the security industry and what it could mean for the future. - Information-Age

  • HBO Hack: Unstructured data huge problem for organisations

  • HBO hack shows lack of data structure and organisation can be a huge problem for companies and organisations. - Information Security Buzz

  • EU Defense Ministers to receive cyber defense training in Estonia
  • Individual EU Defense Ministers shall receive purpose built training, the first of its kind to be held at EU level. This training will test the post cyber attack capabilities of individual ministers.- Defense News

  • US Army bans chinese commercial drone manufacture DJI
  • Army personnel were told to remove DJI applications from devices and all batteries and media storage devices following the discovery of small, unnamed vulnerabilities. - USAToday

  • iPhone users suffer twice as many phishing attacks as Android users
  • Two thirds of all mobile phishing attacks take place on iPhones with games discovered to be the most common source of mobile data security breaches by hackers. - BMMagazine

  • Welsh small businesses warned about cyber crime, offered free training
  • These businesses have been urged to bring their companies inline with the Cyber Essentials accreditation. - Daily Post

  • Tata Communications on cyber defense recruitment drive
  • The telecommunications driver is hiring 400 people and investing $50 million in its cyber security services business in the next three years. Indiatimes

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