The Briefing on Cybersecurity
The latest news, trends and data from the cybersecurity industry
Cybersecurity News in Numbers
The percentage of UK business leaders that don't trust their own organisations to comply with GDPR, according to research by Dell Technologies. The research also found that 26% don't trust their organisation to protect their own customer's data.
The amount the UK government has commmitted to investing in combatting cyber threats as of January. In plans announced to coincide with Data Privacy Day, the UK government will invest £70m to develop hardware that is more secure than current products, while a further £30m has been allocated to provide additional security for smart systems, including internet of things devices.
The percentage of executives globally that expect the risk of cyberattacks leading to data theft to increase in 2019, according to research by Thales. The research also found that 30% of the 1,200 executives surveyed had experienced a data breach in 2018.
The percentage of UK small and medium-sized enterprises (SMEs) that are now more concerned about potential cyberattacks than they were a year ago, according to the Close Brothers Business Barometer. This increase in concern varied regionally, with Yorkshire, the North West and the North East the highest, at 75%, 73% and 72% respectively.
The average amount of time UK security operations center (SOC) analysts spend triaging each false-positive phising incidents, according to research by Agari. This is compared to 4.81 hours resolving true incidents. The research also found 55% of phishing reports are false positives, with UK SOCs dealing with an average of 24,000 phishing reports per organisation annually.
The key data breaches to occur in the last few months
Swedish Health Call Data Exposed
The health information line Swedish Healthcare Guide was the subject of a breach in February where 170,000 hours of sensitive calls had been left on an unencrypted online server. In addition to private health details, many of the calls also contained social security numbers.
Password Haul for Sale on Dark Web
The details of 617 million accounts appeared for sale on the dark web in February. The data, which includes account holder names, emails and hashed passwords was from 16 different hacked websites, including MyFitnessPal, MyHeritage and CoffeeMeetsBagel.
Chinese Facial Recognition Data
Facial recognition provider SenseNets suffered a breach after the data of 2.5 million Chinese residents was left on an unencrypted server. Data included ID card numbers, sex, nationality, employer and an official photo, alongside the last 24 hours of location data.
Discover Card Users Hit by Breach
In January it emerged that Discover Financial Services, the company behind the Discover card, had suffered a data breach. Although the number of people impacted remains unknown, the data types involved makes this very serious, including sensitive card details and security codes.
Key Industry Purchases
Palo Alto Networks to buy Demisto
In February cybersecurity major Palo Alto Networks announced the intention to buy Demisto, a US-Israeli company specialising in automated incident response founded by former McAfee executives. The deal is worth $560m in cash and stock, and follows the company raising equity funding totalling $69m.
BlackBerry buys AI security co Cylance
Tech giant BlackBerry completed its purchase of cybersecurity company Cylance in February after announcing the agreement in November. The AI cybersecurity specialist was purchased for $1.4bn in cash, and its designed to further BlackBerry's goal of being a world leader in the AI cybersecurity space.
Source: Computer Weekly
Mobile giant Orange buys SecureData
French mobile network operator Orange has announced that it has purchased UK cybersecurity company SecureData. The deal, which is believed to be worth £120m, is designed to strengthen the UK presence of Orange's cybersecurity division, which is growing rapidy and achieved sales of €300m in 2018.
Symantec buys Luminate Security
Cybersecurity firm Symantec has announced that it has acquired Israel-based Luminate Security in the latest in a number of purchases by the company. The deal, which is for an undisclosed sum, is thought to have been made to improve the company's security systems for cloud computing.
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