Anglo African weekly news wrap on trending cyber-attacks, to keep you alert.

January 25, 2018

In order to attain the right security posture that is in alignment with international best practices and standards, Anglo African Consulting Ltd can assist your company in developing a comprehensive security management framework that will fully meet their business needs.

Several universities and more than 20 companies have been hit with malware whose creators are using several layers of subterfuge to camouflage their phishing attack by taking advantage of a few trusted brand names.

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A new KnowBe4 study of phishing statistics for top industries, shows small insurance companies have the highest percentage of phish-prone employees in the small to mid–size organization category. Not-for-profit organizations take the lead in large organizations.

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Spectre and Meltdown are major design flaws in modern CPUs. While they’re present in almost all recent processors, because Intel chips are so widely used, Intel is taking most of the heat for these bugs. Nowhere has the criticism been hotter than on the Linux Kernel Mailing List (LKML).

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Although the strength and number of distributed denial of service (DDoS) attacks in Australia dropped precipitously during 2017, one expert warns that the change in attack patterns actually reflects an intentional move by threat actors seeking to do as much damage as possible in ever-smaller windows of opportunity.

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Data prevention policy is a must for companies to be alerted

Businesses and organisations are creating and using data at unprecedented rates. With this boom in big data comes challenges and problems in information and data protection. Previously, enterprises emphasized perimeter security over things like endpoint protection, data-centric security and data loss prevention. Now, the rise of mobility and ever-expanding security perimeters make it necessary for companies to find data protection solutions that secure data from both internal and external threats, placing the focus on sensitive data as it travels within and outside of enterprise networks.

The ever-evolving risk landscape is becoming more challenging to manage. With data loss, prevention is always better than recovering after a breach. Today’s common threats are accelerating by technological evolution. Data loss through social media, consumerization, cybercrime and internal threats represent increasing business risks. An organization that knows which data is most vital to its business operations, understands where that data resides and how that data is sent beyond its walls will achieve competitive advantages in the marketplace. It is important to use that knowledge to ensure that key business data is effectively protected and that the organization rapidly and efficiently responds to incidents that occur.

What can you do to prevent data loss?  These objectives should cover the following items as a minimum:

• Prevent the intentional or unintentional disclosure of sensitive data at rest, in use or in motion to unauthorized parties

• Maintain adequate security and provide usability

• Protect customer data and brand reputation

• Protect personally identifiable information and intellectual property

• Reduce the organization’s risk and cost of compliance

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