Expert warns cyber threats to worsen with tech advances

Technological advances like Artificial Intelligence, Internet of Things, Automatic Cards and others will throw up new challenges for cyber security and all countries must unite to foresee and combat them, a leading Israeli cyber security expert said. “The Internet was not designed for security, hence it is inherently insecure since everything is hackable. It is …

‘Norman’ cryptojacking malware hides and exploits the processing power of infected PCs

A newly-discovered form of cryptocurrency-mining malware is capable of remaining so well-hidden that researchers investigating it found that it had spread to almost every computer at a company that had become infected. Dubbed ‘Norman’ due to references in the backend of the malware, the cryptojacker has been detailed by cybersecurity researchers at Varonis. The Monero-cryptomining …

Biometrics system used by banks, UK police & defence firms in major breach, leaks data

The fingerprints of over 1 million people, as well as facial recognition information, unencrypted usernames and passwords, and personal information of employees, was discovered on a publicly accessible database for a company used by the likes of the UK Metropolitan police, defence contractors and banks. Suprema is the security company responsible for the web-based Biostar …

Broadcom acquires $10.7 billion stake in Symantec’s enterprise security portfolio

Broadcom is buying Symantec’s enterprise security business for $10.7 billion, the companies announced Thursday. The deal effectively splits Symantec in two, with Broadcom taking ownership of its entire enterprise security portfolio and the Symantec brand name. Symantec will retain its consumer-facing product portfolio, which includes the the LifeLock identity-protection brand and Norton antivirus software. The …