30 Aug 2019Latest News on Cyber, Penetration Testing, BPM & Digital development Weekly Cyber Security News Most UK firms ignore security in tech investments Less than a quarter of UK firms prioritise security when investing in new technology, despite the threat of cyber attacks and data protection regulations, a survey reveals. Security is not a top priority for UK firms seeking business benefits from digital transformation projects, according to a survey of 530 decision-makers. Only 24% of respondents from a range of different-sized UK businesses said they were prioritising security in new technology investments. Read more The Great, Big Ransomware Revival Yesterday McAfee Labs released a report on the cyber-threat landscape during the first quarter of 2019. Researchers recorded a worrying 118% growth in new ransomware samples, along with innovative changes in the codes and tactics used to execute it. While spear-phishing remained popular, the ransomware currently going through a resurgence increasingly targets exposed remote access points like Remote Desktop Protocol (RDP). RDP credentials can be cracked through a brute-force attack or bought in the cyber-criminal underground and then used to gain admin privileges, granting full rights to distribute and execute malware on corporate networks. Read more Government investigates matching geospatial data with AI Report looks into the commercial opportunities of matching location data with a number of emerging technologies. The government has funded a report to investigate the potential of matching geospatial data with emerging technologies such as artificial intelligence (AI). Funded by the Geospatial Commission and govtech venture firm Public, the report builds on wider Cabinet Office plans for cross-government digital transformation and looks into commercial opportunities around location data when enhanced with other technologies. Read more UK gets first millionaire ethical hacker Six months after the first millionaire ethical hacker was announced, five more have been recognised, including a Briton, who have collectively discovered nearly 5,000 vulnerabilities. Mark Litchfield is the first ethical hacker from the UK, and among six in the world, to rack up $1m (£820,000) in earnings from hacking into government and top private sector organisations. A bug bounty is a monetary award given to a hacker who finds and reports a valid security weakness to an organisation so it can be safely resolved. Read more Russian police take down malware gang that infected 800,000+ Android smartphones TipTop malware gang was making between $1,500 and $10,500 in daily profits. Russian authorities have arrested members of the TipTop cybercrime group, believed to have infected more than 800,000 Android smartphones with malware since 2015. The group operated by renting Android banking trojans from underground hacking forums, which they later hid inside Android apps distributed via search engine ads and third-party app stores. Read more Google reveals fistful of flaws in Apple’s iMessage app A team of bug-hunters at Google have shared details of five flaws in Apple’s iMessage software that could make its devices vulnerable to attack. In one case, the researchers said the vulnerability was so severe that the only way to rescue a targeted iPhone would be to delete all the data off it. Another example, they said, could be used to copy files off a device without requiring the owner to do anything to aid the hack. Apple released fixes last week. Read more If you would like to understand how you can improve your cybersecurity strategy, find out more or get in touch with us today.