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Tag Archives: cybersecurity

Cyber-security: A Rising Threat in the Middle East

According to the Middle Eastern Global Economic Crime Survey Report (2016), cybercrime is one of the highest economic crimes reported in the Middle East, affecting 30% of organisations in 2016. This surge in cybercrime is ultimately the result of the Cooperation Council for the Arab States of the Gulf (GCC) pursuing unique structural reform initiatives, aimed at reducing reliance on ... Read More »

President Trump Signs Cybersecurity Executive Order

On May 11th President Donald Trump signed a long anticipated Executive Order on “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure”. Under the order, the President is holding the heads of federal agencies accountable for managing cybersecurity risks. Each agency must now use the National Institute of Standards and Technology (NIST) framework on cybersecurity. The order also requires agencies ... Read More »

Cybersecurity Insurance Market to Increase by 3X to $10 Billion in 2020

The demand for cyber security systems and solutions have been on the rise as a result of the emergence of complex and highly sophisticated ransomware, hacking attacks and security breaches. Although analysts agree that prevention is the optimal solution against ransomware attacks and other forms of hacking attacks, companies have begun to seek cyber security insurance as ransomware attacks began ... Read More »

Cryptocurrencies – Financial Systems With The Highest Cybersecurity Standards On The Planet

Cybercrime is increasingly becoming a threat from year to year and its yearly losses have been steadily rising during the past few years. As more and more people are relying on technology and the internet to store wealth and trade (forex, saving accounts, cryptocurrencies, bonds, stock, commodities…etc), cyber-security has become a big concern for individuals, companies and governments. Cryptocurrencies offered ... Read More »

Nigeria Lacks a 2017 Cybersecurity Strategy but Faces the Most Cybercrime Ever Seen

According to the Cyber Security Experts Association of Nigeria (CSEAN), the Nigerian government is ill-prepared for cybercrime in 2017. Cybercrime changed drastically during 2016; threat actors grew in number and capability. The Nigerian government lacked a cybersecurity budget and overlooked the creation of a realistic strategy. For these reasons alone, CSEAN announced a fearfulness for the cybersecurity landscape in 2017. ... Read More »

Department of Justice Plans New Laws “Just Like Rule 41” For International Cybersecurity

The December changes to Rule 41 gave the FBI authority to push their cyber-boundaries even further. It granted legal grounds to hack computers that would, before the change, be untouchable, so to speak. In reality, the FBI received nothing new. Agents acted far outside their legal restraints and, in a literal sense, their geophysical ones too during the PlayPen case. ... Read More »

An interview with Ex-NSA Agent and New Cybersecurity Comic Author

Ex NSA Analyst, Oren Falkowitz left the agency in 2012 and went on to co-found two different start-ups, Sqrrl, and Area 1 Security; both of which analyze and stop cyber threats. His latest venture, Pineapple Sparkle, is a comic book he uses to showcase his thoughts on America’s current state of online security. Falkowitz says that the book is being ... Read More »

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Companies Required to Give Customer Data to Authorities in China’s New Cybersecurity Law

Companies Required to Give Customer Data to Authorities in China’s New Cybersecurity Law China has approved a controversial cybersecurity law that gave the government unprecedented access to technology worldwide. The law was green-lit as a national security measure but went too far, human rights groups said. It granted the government the ability to censor online content and restrict free speech. ... Read More »

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State Department Fails at Cybersecurity Again, New Report Reveals

Cybersecurity at the US State Department has been scrutinized for years while under the leadership of Hillary Clinton and John Kerry. The department has a tech budget of $1.92 billion annually, yet has never scored well on internal security tests. This year’s report looked no better than previous ones. The State Department’s Office of Inspector General’s (OIG) latest report revealed ... Read More »

US Army Prepares Bug Bounty Program, Asks Hackers to Find Cybersecurity Exploits

Eric Fanning, Secretary of the Army, announced plans to set up a bug bounty. The US Army, according to the press release, partnered up with HackerOne to have eligible hackers find exploits in the Army’s cybersecurity systems. HackerOne is a “vulnerability coordination and bug bounty platform” that previously partnered with the Department of Defense for the widely successful “Hack the ... Read More »

National Cybersecurity Policy – Good or Bad?

Dan Geer, the chief information security officer for In-Q-Tel and the keynote speaker at this year’s Black Hat conference, is undoubtedly one of the smartest people in any room he walks in to. His presence at Black Hat was somewhat precarious given his position at a firm responsible for providing the C.I.A. and other U.S. intelligence agencies with information technology, ... Read More »