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Hacktivism at all-time high

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Check Point’s 2015 security report has revealed that among other issues, known and and unknown malware is on the increase, mobile devices are a company’s biggest weak-point and preventing data loss is a concern for most enterprises.

Check Point Software Technologies has issued its 2015 Security Report, the company’s third annual report revealing the major security threats that impacted organisations across the world.

The 2015 Security Report provides insight into the degree of infiltration and sophistication of new threats in the enterprise. Mobility, virtualisation and other technologies have changed the way we do business. While organisations have adopted these tools to enhance productivity, they often forget about the security implications that arise when they lack the proper security implementations. The Check Point 2015 Security Report reveals the prevalence and growth of threats on enterprise networks, through information obtained over the course of 2014. This report is based on collaborative research and in-depth analysis of over 1,300 organisations (including 39 South African organisations), over 300,000 hours of monitored network traffic, from more than 16,000 threat prevention gateways and 1 million smartphones.

Key findings include:

Known and Unknown Malware Increased Exponentially

Malware rose at alarming rates in 2014. This year’s report revealed that 106 unknown malware hit an organisation every hour: 48 times more than the 2.2 downloads per hour reported in 2013. Unknown malware will continue to threaten the enterprise in the future. Even worse than unknown malware is zero-day malware, which is effectively built from scratch to exploit software vulnerabilities, of which vendors aren’t yet even aware. Cybercriminals are also continuing to use bots to amplify and accelerate the spread of malware. 83 percent of organisations studied were infected with bots in 2014, allowing constant communication and data sharing between these bots and their command and control servers.

Mobile Devices are a Company’s Biggest Vulnerability

Mobile devices are the weak links in the security chain, providing easier direct access to more valuable organisational assets than any other intrusion point. Check Point research found that for an organisation with more than 2,000 devices on its network, there’s a 50 percent chance that there are at least 6 infected or targeted mobile devices on their network. 72 percent of IT providers agreed that their top mobile security challenge is securing corporate information, and 67 percent said their second biggest challenge is managing personal devices storing both corporate and personal data. Corporate data is at risk, and being made aware of these risks is critical to taking the proper steps to secure mobile devices.

Using Risky Applications Comes at a High Price

Corporations frequently rely on applications to help their business be more organised and streamlined. However, these applications become vulnerable points of entry for businesses. Some applications, such as file sharing, are obviously risky. The rise of ‘shadow IT’, applications that aren’t sponsored or supported by the central IT organisation has led to even riskier business. Research revealed that 96 percent of organisations studied used at least one high-risk application in 2014, a 10-point increase from the previous year. Check Point research also unveiled that 12.7 high-risk application events happen every hour. That creates many opportunities for cybercriminals to access the corporate network – that is risky business.

Data Loss is Top of Mind

Cybercriminals are not the only threat to the integrity and security of corporate data. Just as quickly as a hacker could penetrate a network, in-network actions can also easily result in data loss. Check Point found that 81 percent of the organisations analysed suffered a data loss incident, up 41 percent from 2013. Data can unknowingly leak out of any organisation for a variety of reasons, most of those tied to current and past employee actions. While most security strategies focus on protecting data from hackers coming in, it is equally important to protect data from the inside out.

“When it comes to cyber security, we can no longer segment threats on a country-by-country basis. The same threats that cripple multinational organisations in America can take down an SME in South Africa – malware does not discriminate when it comes to organisation size or territory. The Internet has made the world a very small place, and new malware can infect millions of devices all over the world in minutes,” said Doros Hadjizenonos, Country Manager of Check Point South Africa.

“Today’s cybercriminals are sophisticated and ruthless: they prey on the weaknesses in a network, approaching any security layer as an open invitation to try to hack it. In order to protect themselves against attacks, security professionals and organisations alike must understand the nature of the latest exploits and how their networks are potentially impacted. Only by arming themselves with a combination of knowledge and strong security solutions can organisations truly protect themselves against these evolving threats. By making security a critical asset to your business, you can turn security into an enabler, and in doing so, you’re able to unlock innovation and foster an environment for high performance and productivity.”

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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.

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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

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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.

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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.”

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