Information Security Study and Research

Bottomline 2020 Business Payments Barometer reveals:  Only 1 in 10 small businesses report recovering more than 50% of losses due to fraud Despite an increase in new payments initiatives and regulations, just 59% of businesses feel prepared for Open Banking – down 8% from 2019 Accelerating digitisation is crucial to navigate challenges posed by COVID-19 … The ISBuzz Post: This Post Businesses Incur Greater Losses Year-On-Year Due To Payment Fraud appeared first on Information Security Buzz.

Some 26% of people claim they have seen an increase in the level of online scams and phishing attacks they face since they started working from home during the Coronavirus crisis, with just 7% saying it has fallen. The findings (1)  are from DSA Connect, an IT asset disposal company that specialises in the permanent deletion and … The ISBuzz Post: This Post Research Reveals Dramatic Increase In People Encountering Online Scams Whilst Working From Home During The Coronavirus Crises appeared first on Information Security Buzz.

60% of people working from home due to COVID-19 believe they are more susceptible to cyber attack as they are online more  Amsterdam – UK householders confined to their home and spending more time online fear the threat of data and financial loss due to a cyber attack above concerns about the risks their children face … The ISBuzz Post: This Post Data And Financial Loss Biggest Cyber Fear For Locked Down UK Householders appeared first on Information Security Buzz.

New global poll from Leonne International of over 1,000 business decision-makers reveals that over one third of companies have axed IT staff and half have cut IT Budgets due to Covid-19 concerns – despite an increase in data security concerns.  37 per cent of companies have made members of their IT staff redundant or placed … The ISBuzz Post: This Post Expert On Research: One Third Of Businesses Axe IT Staff Due To Covid-19 Cost Concerns appeared first on Information Security Buzz.

F5 Labs assesses three years of Security Incident Response Team data Financial services organisations have experienced a significant increase in the number of authentication and distributed denial of service (DDoS) attacks over the past three years, according to new research from F5 Labs1. The opposite was true of web attacks, however, which were notably down … The ISBuzz Post: This Post Financial Services Organisations Increasingly Prone To Authentication And DDoS Attacks appeared first on Information Security Buzz.

Study recommends NHS in charge of app, with priority access to testing for those alerted and/or with symptoms It is possible to implement a privacy-respecting contact tracing app that can achieve widespread adoption in the UK, but only if the NHS, rather than the government, run it, researchers at Cass Business School have found. The researchers found … The ISBuzz Post: This Post NHS Contact Tracing App Can Be A Success If Linked To Testing, Study Finds appeared first on Information Security Buzz.

A new variant of Russian malware tricks mobile users into encrypting their files, then impersonates the FBI to force ransom payments, accusing the user of downloading illegal pornographic content Malware is downloaded and installed via social media and instant messenger apps as a video player application Lucy sends ransom note under guise of FBI, stating that user’s details have been uploaded … The ISBuzz Post: This Post Ransomware Goes Mobile – New Android Ransomware Fabricates Notes From FBI appeared first on Information Security Buzz.

A new variant of Russian malware tricks mobile users into encrypting their files, then impersonates the FBI to force ransom payments, accusing the user of downloading illegal pornographic content Malware is downloaded and installed via social media and instant messenger apps as a video player application Lucy sends ransom note under guise of FBI, stating that user’s details have been uploaded … The ISBuzz Post: This Post Ransomware Goes Mobile – New Android Ransomware Fabricates Notes From FBI appeared first on Information Security Buzz.

Financial services industry hit hardest by bad bots, making up almost half of overall website traffic; Russia origin of most blocked attacks Imperva, Inc., today released its annual report titled: “2020 Bad Bot Report: The Bad Bots Strike Back.” The report investigates the automation that wreaks havoc on websites and mobile apps. The findings revealed … The ISBuzz Post: This Post Imperva Releases Seventh Annual Bad Bot Report; Uncovers Nearly A Quarter Of Overall Website Traffic Driven By Bad Bots appeared first on Information Security Buzz.

Check Point’s researchers highlight Yahoo! as most imitated brand for email-based phishing, and Netflix as the most imitated for mobile-based phishing attempts  Check Point Research has published its new Brand Phishing Report for Q1 2020, highlighting the brands which were most frequently imitated by criminals in attempts to steal individuals’ personal information or payment credentials … The ISBuzz Post: This Post Apple Is Most Imitated Brand For Phishing: Check Point Research’s Q1 2020 Brand Phishing Report appeared first on Information Security Buzz.