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.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”