The week in security: Quantum's encryption threat; price yourself out of hackers' reach

Claims that we're all vulnerable to targeting by cybercriminals have become part of conventional wisdom, but one security expert believes there's a way to keep yourself off the radar.

The Turnbull government's first Budget reinforced the top-level agenda around cybersecurity – probably a good thing as attacks such as the leak of millions of Webmail credentials (although even that hack was disputed) are likely to continue.

Just when you thought the government was trying to make encryption weaker, comes news that NIST is looking for help on how to ward off the decryption threat posed by quantum computers.

Tech groups were pushing presidential candidates to support encryption and embrace other IT issues, while a survey suggested that one of the biggest issues that needs fixing is the human IT-security hole.

Trend Micro has compiled a report of the most popular homebrewed tools used by terrorists, while there were revelations that the commonly used ImageMagick library has critical flaws that leave Web sites vulnerable. Google turned on HTTPS encryption for its blogspot site while OpenSSL was patching two high-severity flaws.

This, as reports suggested the costs and damages around DDoS attacks were on the rise. Also on the rise were breaches targeted at the hotel sector, with the PCI Security Standards Council requiring better authentication, encryption, and penetration testing.

For the first time, Google and Samsung aligned schedules for the release of their security patches while Apple patched a vulnerable OS X Git version and Cisco patched a flaw that would allow attackers to take over its telepresence systems.

Even as one cybersecurity expert warned that ransomware should have everybody scared, Forcepoint's first threat report found that cybercriminals were drawing on time-honoured malware techniques to drive their attacks.

Join the CSO newsletter!

Error: Please check your email address.

Tags Webmail credentialscybersecuritycyber criminalsOpenSSLImageMagickblogspotNISTmalwareDDoS attacksApplesamsungForcepointGoogleHTTPSTurnbull governmentransomwarePCI Security Standards Council

More about AppleCiscoGoogleSamsungTrend Micro

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by David Braue

Latest Videos

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

  • 150x50

    IDG Live Webinar:The right collaboration strategy will help your business take flight

    Speakers - Mike Harris, Engineering Services Manager, Jetstar - Christopher Johnson, IT Director APAC, 20th Century Fox - Brent Maxwell, Director of Information Systems, THE ICONIC - IDG MC/Moderator Anthony Caruana

    Play Video

More videos

Blog Posts

Market Place