Tag Archives: security

How AI will underpin cyber security in the next few years

New opportunities

Based in the UK, RazorSecure is an example of a cyber security company that is capitalising on the potential of AI. It uses AI techniques to recognise attacks targeting the aviation, rail and automotive markets, and is one of nine cyber security firms chosen to take part in GCHQ’s latest Cyber Accelerator.

Alex Cowan, CEO at RazorSecure, says AI and deep learning will transform cyber security approaches in the coming years. “Artificial intelligence is a big part of the future of cyber security,” he says. “One of the key areas we must solve is how to not only use deep learning for correlation detection, but also causation. Without understanding the ‘why’ behind a cyber security incident, we will always be chasing false positives and lacking the ability to prioritise a growing queue of cyber security incidents.

“Cyber security is a difficult enough

Read more at: http://www.computerweekly.com/feature/How-AI-will-underpin-cyber-security-in-the-next-few-years

Over 53000 cyber security incidents observed in 2017

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}Read more at: http://www.thehindubusinessline.com/info-tech/over-53000-cyber-security-incidents-observed-in-2017/article22705876.ece

Over 53000 cyber security incidents observed in 2017

Over
53
,
000
cyber
security
incidents
like phishing, website intrusions and defacements, virus and ransomware attacks were
observed
in
the country during
2017
, Parliament was informed today.

“As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-
In
), a total number of 44,679, 49,455, 50,362 and
53
,081
cyber
security
incidents
were
observed
during the year 2014, 2015, 2016 and
2017
, respectively,” IT Minister Ravi Shankar Prasad said
in

Read more at: https://economictimes.indiatimes.com/tech/ites/over-53000-cyber-security-incidents-observed-in-2017/articleshow/62852008.cms

Nearly 75% of Organizations in 5 Countries Fail in Cyber Security Readiness: Hiscox

Major shortcomings exist in cyber security readiness for nearly three-quarters (73%) of more than 4,100 organizations in five countries, despite keen awareness of the threat, according to a study commissioned by specialist insurer Hiscox.

Indeed, almost half, or 45 percent, of survey respondents experienced at least one cyber attack in the past year, while two-thirds suffered two or more attacks, said the “Hiscox Cyber Readiness Report 2018,” which surveyed a representative sample of private and public sector organizations in the UK, U.S., Germany, Spain and the Netherlands. (Hiscox published its first cyber readiness report in 2017).

While the costs of cyber crime range up to $25 million, the average cost of all incidents for survey respondents was $229,000. However, the average cost “masks some wide variations,” said the report, explaining that the average costs ranged between $356,000 in Spain and $1.05 million in the U.S. for

Read more at: https://www.insurancejournal.com/news/international/2018/02/07/479790.htm

Adding threat intelligence to the security mix

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Read more at: http://www.itnewsafrica.com/2018/02/adding-threat-intelligence-to-the-security-mix/

Adding threat intelligence to the security mix | IT News Africa …

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Read more at: http://www.itnewsafrica.com/2018/02/adding-threat-intelligence-to-the-security-mix/

UK finance sector cyber security pros admit shocking practices

Two-thirds of UK information security practitioners admit to cyber security practices in their organisation that would “shock outsiders”.

This is the key finding of a survey of 201 UK-based IT security professionals who work in the financial services industry, commissioned by virtualisation and cloud infrastructure firm VMWare.

Navigating ASEAN’s patchy cyber security landscape

AT the recent World Economic Forum (WEF) in Davos, governments, cyber security experts, businesses and law enforcement agencies banded together to support the launch of a new global institution dedicated to combating the world’s cyber threats.