Hackers across EMEA are warming up for the FIFA World Cup. As all eyes turn to the pitch, they’ll be booting up the botnets ready to take on the excitable businesses who are increasingly giving away the ball on app protection and data security.
The EU General Data Protection Regulation (GDPR) – the cyberspace equivalent of the omnipresent Video Assisted Referee – will also be making its presence felt this Summer. The penalty for a breach is 2% to 4% of global turnover or €10 to 20 million, whichever is the bigger hit. The GDPR supervisory body can also flash the proverbial red card by immediately suspending all data processing if the risk to an EU citizen’s privacy is deemed unacceptable.
According to the Ponemon Institute’s 12th annual Cost of Data Breach study, the global average cost of a data breach currently stands at $3.62 million. The ongoing reputational costs are harder to quantify, so it’s not worth being sent off over compliance complacency. Like any competition, every company must now train hard and be ready to take a stand against cybercrime with the goal of protecting data.
Bots take to the field
Football is a game of two halves, and so too is the Internet. Recent research by F5 Labs suggests that half of the Internet’s traffic comes from bots, 30% of which are malicious. Most bots search for vulnerabilities, scrape websites or participate in DDoS attacks. They can speed up password-guessing to break into online accounts, mine cryptocurrency such as Bitcoin, and attack anything requiring a large network of computers.
Most botnet based attacks are designed for disruption and exploitation. Typical attacks include the creation of Spam email relays and Denial of Service (DoS) activities designed to prevent access to websites. Another concern flagged by F5 Labs is the inexorable rise of Thingbots: botnets which are built exclusively from IoT devices and are fast becoming the cyberweapon delivery system of choice for today’s attackers due to their poor security and ease of compromise.
Year over year (2016-2017), F5 Labs found that Telnet brute force attacks against IoT devices rose 249%. Moving ahead, IoT’s destructive arsenal is set to explode in scale. Gartner recently reported that there are 8.4 billion IoT devices in use and the number is expected to grow to 20.4 billion by 2020. Botnet risks rise significantly when moving to multi-cloud environments as many businesses are now doing out of operational necessity. In particular, many cloud consumers assume that security is inherently better in the cloud and do not realise the same vulnerabilities that plagued them in their datacentre are just as present in the cloud.
Tackling advanced app security
A threat defence is only effective if it safeguards sensitive data. Visibility is fundamental to understanding normal application behaviour, detecting anomalous traffic and being able to report data breaches to the relevant data protection authorities. Visibility means having insight into all traffic that passes between users and applications. It is essential that security systems understand the application, the protocols and can see into encrypted traffic. Context is equally important and the key to understanding the characteristics of an application’s environment, including behavioural insights that enable rapid adaptation where required. Incisive visibility and context are crucial to informing decision-makers, which means that robust security controls can be implemented to protect your apps and data.One of the best first lines of defence in the game is a web application firewall (WAF). The 2018 State of Application Delivery (SOAD) report revealed that 98% of F5’s surveyed customers protect at least some part of their application portfolio with a WAF. More than 40% protect half or more of their apps.
However, not all WAFs are capable of safeguarding against the full scope of today’s hyperactive threat spectrum. This is where Advanced WAF (AWAF) solutions are more effective. Capable of supporting a variety of consumption and licensing models, including a per-app basis, as well as perpetual, subscription, and utility billing options, AWAFs provide a new level of flexibility in both the cloud and the data centre. Important benefits include facilitating better collaboration between SecOps, DevOps, and NetOps teams to deploy app protection services in any environment.
Crucially, AWAFs provide powerful defensive capabilities against malicious bots going beyond signatures and reputation to block evolving automated attacks, prevent account takeovers (with encryption at the application layer), and protect apps from DoS attacks (using machine learning and behavioural analytics for high accuracy). AWAFs also provide comprehensive protection from mobile attacks through an Anti-Bot Mobile SDK rich security services, including application whitelisting (i.e. index of approved software), secure cookie validation, and advanced app hardening.
Blowing the whistle on cybercrime
Organisations need to prove they are responsible data custodians. Security and transparency are now essential attributes for customer service. It’s time to blow the whistle on cybercrime.
Investing in integrated security solutions protects what matters: your applications. The net result is that data are protected, the business upholds compliance standards and your customers remain enthusiastic, loyal fans – a world class winning combination.
New iPhone pricing for SA
The iStore has announced that the latest iPhones, the Xs and Xs Max, can now be pre-ordered at www.myistore.co.za , and will be available in stores starting 28 September 2018.
|iPhone Xs and iPhone Xs Max feature 5.8-inch and 6.5-inch Super Retina displays that offer remarkable brightness and true blacks while showing 60 percent greater dynamic range in HDR photos. iPhone Xs and iPhone Xs Max have an improved dual camera system that offers breakthrough photo and video features, A12 Bionic chip with next-generation Neural Engine, faster Face ID, wider stereo sound, longer battery life, splash and water resistance,
Pre-orders will be open for cash purchases and on iStore’s revised payment plan in partnership with FNB Credit Card, allowing customers to pay off their iPhone at a reduced interest rate. However, the contract period is 37 months rather than the usual 24 months.
Accenture opens Fjord design centre in Johannesburg
Accenture has launched its first design and innovation studio on African soil, Fjord Johannesburg.
The company says the move significantly expands its design capabilities and demonstrates its commitment to unlocking Africa’s innovation potential through the creation of experiences that redefine industries in our constantly evolving digital era.
The new studio, opening in November, will be located at Accenture’s new 3875m² offices in Waterfall. It will be led by Marcel Rossouw, design director and studio lead for Fjord Johannesburg.
Said Rossouw, “Brands are constantly asking, ’how does one take a business need or problem, build that out into a definition of a service experience, and then bring it to market?’ It’s about re-engineering existing service experiences, identifying customer needs, prototyping rapidly, iterating often and proving or disproving assumptions. But it’s also about getting feedback from customers. The combination of these factors helps companies advance towards the ultimate service experience.”
Fjord is the design and innovation consultancy of Accenture Interactive. The Johannesburg location marks its 28th design studio globally, solidifying its position as the world’s leading design powerhouse.
Working in the same location as Accenture Interactive will allow Fjord to fuse its core design strategy DNA with the digital agency’s expertise in marketing, content and commerce to create and deliver the best customer experiences for the world’s leading brands.
Accenture Interactive Africa‘s blend of intelligent design and creative use of technology has already been used by some of South Africa’s largest and most prominent brands, including Alexander Forbes, Discovery, MultiChoice and Nedbank. The digital agency has also earned industry accolades for its innovative and compelling business results, most notably two gold awards in the Service Design category at the 2017 and 2018 Loeries awards.
“Great design tells great stories,” says Wayne Hull, managing director of Accenture Digital and Accenture Interactive lead in Africa. “It unifies a brand, drives innovation and makes the brand or service distinctive and hyper-relevant in both the digital and physical worlds. This is critical to achieving results. Having Fjord Johannesburg as part of Accenture Interactive, and collaborating with all of Accenture Africa, will provide unique experiences and forward-thinking capabilities for our clients.”
“Businesses in South Africa are becoming more design-aware and are looking to take greater advantage of design skills to compete with the rest of the world,” said Thomas Müller, head of Europe, Africa and Latin America at Fjord. “We’re excited to open our first design studio on the continent and to be part of an emerging market that is ripe for design and innovation, and open for business. Developing markets like South Africa are challenging assumptions and norms about what digital services and products are meant to be, and we’ll strive to put design at the heart of the innovation being produced there.”