Italy’s bank failure, AI to Spot Malware

Hack on Italy’s largest bank affects 400,000 customers

“400,000 customers put at risk”

Two security breaches have put hundreds of thousands of sensitive consumer data in jeopardy. Unicredit has stated that personal data and account numbers may have been leaked, also adding that passwords were not leaked, indicating that no unauthorized transactions took place.

Using AI to spot malware patterns

“Protecting organizations has never been more difficult and necessary”

The number of entry points and connected endpoints has only increased, showing that the bad guys are only getting smarter. A new security startup, Cylance, is using artifical intelligence to change the game and counter these criminals.

Majority of Consumers Believe IoT Needs Security Built In

“Global survey say IoT is a ‘shared responsibility'”

Many respondents to a global survey believe that consumers and manufacturers share responsibility to secure networks. Irdeto’s report shows that 90% of respondents think that security should be built in to IoT devices, but are more divided on who is responsible for implementing the systems.

Cloud-Based Email Security Systems From Microsoft And Symantec Miss Thousands Of Unsafe Emails

“Risk assessment on more than 45 million emails”

Email and data security company Mimecast has run an extensive experiment on corporate email vulnerabilities over more than a year. About 24% of the emails were marked as unsafe, with most being spam while some contained dangerous malware. That may seem like a relatively small amount, but given that all of the emails were originally classified as ‘safe’ we see a bigger problem emerge.

Shoddy data-stripping exposes firms to hack attacks

“Research suggests much vulnerability”

Many large firms have made themselves open to attacks because of inadequate data stripping on their websites. Researchers have found that as employees create documents, images, and other files, the data is uploaded to the companies website and not properly maintained.

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