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Battle on for consumer data

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The development in cyber attacks over the past couple of years has been rapid, but what is even more worrying, says BRYAN HAMMAN of Arbor Networks, is that companies are only now waking up to the idea that their current defences are inadequate.

The last couple of years have seen rapid and complex developments in the cyber threat landscape. A significant portion of cyber attacks are now being made up of brute-force, volumetric distributed denial of service (DDoS) attacks, which look to disrupt on-line presence and conceal malicious activity, often with the aim of stealing data. What’s worrying is the fact companies are only now starting to realise their defences might not be ready for these types of attacks.

Adding to this concern is the fact that attackers are becoming increasingly adept at combining tools to their best effect and targeting all sorts of organisations. It’s not solely large companies that are being hit. Businesses large and small, across all industry sectors, public and private, even charities, are being targeted, for a variety of reasons. The rise of ideological hacktivism, the use of DDoS attacks to distract or disguise from other kinds of cyber-crime and the use of DDoS as a “competitive weapon’” in some industry sectors are just some of the key motivations behind those attacks, as shown in Arbor’s 11th annual Worldwide Infrastructure Security Report.

As a consequence there has been a clear increase in the level of interest from businesses in solutions and services to help protect themselves. Executives within a wide variety of businesses are now aware of the severe consequences of a successful DDoS attack – both in terms of financial and reputational damage – and businesses are starting to realise the fact that a one-size-fits-all approach to security is unlikely to be successful in the long term.

Specific threats require, in a lot of cases, specific solutions and DDoS is a good example. On-premise firewalls and intrusion detection system (IDS) products can deal with small, more simple attacks – but they can’t stop the more sophisticated application layer attacks that have become more prevalent over the past five years.  As such, firewalls or cloud-only mitigation solutions are no longer comprehensive enough to protect the network. Firewalls can’t deal with volumetric attacks, which saturate Internet connectivity, while cloud-based solutions may not proactively detect more stealthy attacks and take several minutes to activate, by which time significant damage has already been done.

Clearly then, organisational defences, from all kinds of threats, need to be multi-layered. To successfully deal with DDoS attacks, businesses need specialised defences at the network perimeters to proactively protect their networks from attacks and at the same time, cloud-based DDoS protection that can be called upon when an attack saturates the connectivity.

This layered approach is also needed when organisations try and protect themselves from compromise via malware or insider misuse. Organisations can have firewalls, IDS and antivirus systems in place but these aren’t always enough. With modern network and service architectures and the increasing prevalence of obfuscation techniques available to malware, businesses now need to monitor “inside” their network perimeters, as well as “at” the perimeter, to detect suspicious and malicious activities or compromised devices on their networks.

When thinking about enterprise security, it’s important to remember that additional layers of security need not be more complex to operate or deploy. If the right solutions are selected, with the right workflows, then organisations can actually help their operational security teams to become more efficient and effective. This helps IT pros to protect the organisation against the growing number of cyber threats out there. Thinking proactively about security and combining different layers of defences will ultimately help companies keep the front foot in the cyber war over customer data.

* Bryan Hamman, territory manager for sub-Saharan Africa at Arbor Networks 

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Now download a bank account

Absa has introduced an end-to-end account opening for new customers, through the Absa Banking App, which can be downloaded from the Android and Apple app stores. This follows the launch of the world first ChatBanking on WhatsApp service.

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This “download your account” feature enables new customers to Absa, to open a Cheque account, order their card and start transacting on the Absa Banking App, all within minutes, from anywhere and at any time, by downloading it from the App stores.

“Overall, this new capability is not only expected to enhance the customer’s digital experience, but we expect to leverage this in our branches, bringing digital experiences to the branch environment and making it easier for our customers to join and bank with us regardless of where they may be,” says Aupa Monyatsi, Managing Executive for Virtual Channels at Absa Retail & Business Banking.

“With this innovation comes the need to ensure that the security of our customers is at the heart of our digital experience, this is why the digital onboarding experience for this feature includes a high-quality facial matching check with the Department of Home Affairs to verify the customer’s identity, ensuring that we have the most up to date information of our clients. Security is supremely important for us.”

The new version of the Absa Banking App is now available in the Apple and Android App stores, and anyone with a South African ID can become an Absa customer, by following these simple steps:

  1. Download the Absa App
  2. Choose the account you would like to open
  3. Tell us who you are
  4. To keep you safe, we will verify your cell phone number
  5. Take a selfie, and we will do facial matching with the Department of Home Affairs to confirm you are who you say you are
  6. Tell us where you live
  7. Let us know what you do for a living and your income
  8. Click Apply.

 

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How we use phones to avoid human contact

A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.

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Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances. 

Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?

The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.

In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.

Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.

Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”

To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:

·         I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?

With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.

·         Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?

Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.

·         I’ve lost my phone! How will I keep myself entertained now?

Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.

 

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