Research has revealed that cyberattacks on the government has sector doubled in 2016, hiking to 14% from 7% of all cyber security attacks in 2015.
The manufacturing sector came in at third place at 13%, while the retail sector, which topped the list of all cybersecurity attacks on all sectors in 2015 moved down into fourth place (11%).
This is according to Dimension Data’s Executive’s Guide to the NTT Security 2017 Global Threat Intelligence Report, which was compiled from data collected by NTT Security and other NTT operating companies including Dimension Data, from the networks of 10,000 clients across five continents, 3.5 trillion security logs, 6.2 billion attempted attacks, and global ¹honeypots and ² sandboxes located in over 100 different countries.
The report pinpoints a number of global geo-political events which could have contributed to the government sector being a cybersecurity attack target. These include:
§ the US presidential election campaign
§ a new US administration with a more aggressive stance toward China and North Korea
§ China adopting a more aggressive policy stance in securing its vital ‘core interests’
§ US and European Union-led economic sanctions against Russia
§ Russian state-sponsored actors continuing cyber operations against Western targets
§ growing negative sentiment in the Middle East against the West’s aggression towards Syria
Matthew Gyde, Dimension Data’s Group Executive – Security said, “Governments all over the world are constantly under the threat of sophisticated attacks launched by rival nation-states, terrorist groups, hacktivists, and cyber criminals. That’s because government agencies hold vast amounts of sensitive information – from personnel records, budgetary data, and sensitive communications, to intelligence findings. What’s interesting is that this year we saw numerous incidents involving insider threats
Commenting on the financial services industry, Gyde said the ongoing attacks in the financial services industry is no surprise. “These organisations have large amounts of digital assets and sensitive customer data. Gaining access to them enables cybercriminals to monetise personally identifiable information and credit card data in the underground economy.”
Other highlights in the report are:
· 63% of all cyberattacks originated from IP addresses in the US, followed by the UK (4%), and China (3%). The US is the predominant location of cloud-hosted infrastructure globally. Threat actors often utilise public cloud to orchestrate attacks due to the low cost and stability of this infrastructure.
· The Internet of Things (IoT) and operating technology (OT) devices must be considered as both a potential source and target of attack. Of the IoT attacks detected in 2016, some 66% were attempting to discover specific devices such as a particular model of video camera,
3% were seeking a web server or other type of server, while 2% were attempting to attack a database.
· The top cybersecurity threats facing digital businesses are phishing, social engineering, and ransomware; business email compromise; IoT and distributed-denial-of-service (DDoS) attacks; and attacks targeting end-users.
Password managers don’t protect you from hackers
Using a password manager to protect yourself online? Research reveals serious weaknesses…
Top password manager products have fundamental flaws that expose the data they are designed to protect, rendering them no more secure than saving passwords in a text file, according to a new study by researchers at Independent Security Evaluators (ISE).
“100 percent of the products that ISE analyzed failed to provide the security to safeguard a user’s passwords as advertised,” says ISE CEO Stephen Bono. “Although password managers provide some utility for storing login/passwords and limit password reuse, these applications are a vulnerable target for the mass collection of this data through malicious hacking campaigns.”
In the new report titled “Under the Hood of Secrets Management,” ISE researchers revealed serious weaknesses with top password managers: 1Password, Dashlane, KeePass and LastPass. ISE examined the underlying functionality of these products on Windows 10 to understand how users’ secrets are stored even when the password manager is locked. More than 60 million individuals 93,000 businesses worldwide rely on password managers. Click here for a copy of the report.
Password managers are marketed as a solution to eliminate the security risks of storing passwords or secrets for applications and browsers in plain text documents. Having previously examined these and other password managers, ISE researchers expected an improved level of security standards preventing malicious credential extraction. Instead ISE found just the opposite.
Click here to read the findings from the report.
MWC: Next generation of inflight connectivity to be unveiled
Next week at Mobile World Congress, the Seamless Air Alliance will reveal progress on its mission towards enabling the next generation of inflight connectivity. This follows a significant start for the Alliance, which has seen membership increase five-fold since the first meeting in June of last year. The Alliance has a new research laboratory setup and continues progress through its three working groups, writing specifications for the technology, requirements, and operations.
These developments represent a huge leap towards the goal of making connectivity as easy and enjoyable in the skies as it is on the ground. Appearing as part of the Airbus stand (Hall 6, stand 6G34), the Seamless Air Alliance will reveal specification topics that have been completed and published to its membership.
“The passenger experience with inflight connectivity remains one of the great technology challenges. From Day One we have been determined to deliver on our mission to bring industries and technologies together to make the inflight internet experience simple to access and a delight to use,” said the Alliance’s Chief Executive Officer, Jack Mandala.
“I have been tremendously encouraged by the enthusiastic and committed response we have seen and the widening areas of expertise we can call upon as more and more companies and organisations continue to join us,” he added.
Announced during MWC 2018, the Seamless Air Alliance has since grown to twenty-three membercompanies with more than one-hundred key personnel from across the membership participating in its three working groups, with numbers continuing to increase.
The Seamless Air Alliance was created by founding members Airbus, Airtel, Delta Air Lines, OneWeb and Sprint, and quickly joined by Air France KLM, Aeromexico, and GOL Linhas Aereas Inteligentes and global technology leaders including Astronics, Collins Aerospace, Comtech, Cyient, iDirect, Inmarsat, Intelsat, Latecoere, Nokia, and Panasonic.
Today, the Alliance is pleased to announce five additional new members: Adaptive Channel, Etihad Airways, GlobalReach Technology, Safran, and SITAONAIR.
“We are extremely pleased to have these companies join and be a part of the companies driving the next generation of connectivity.” said Mr Mandala.
The Seamless Air Alliance will enable travelers boarding any flight, on any airline, anywhere in the world, to use their own devices to automatically connect to the Internet with no complicated login process nor paywall to scramble over.
The Alliance is also announcing the release of a new research study on the economic benefit of standardization on the inflight connectivity market at Mobile World Congress. This report is available for download at https://www.seamlessalliance.com/publications/
The Alliance is moving rapidly towards an expected demonstration of the technology later in 2019 and anticipates massive interest in Barcelona from the whole communications eco-system.