Exire Technologies

30/10/2019

Why passwords don't work, and what will replace them

Passwords can be insecure, easy to lose and easier to forget, so can new tech protect us?

24/12/2018

EUROPEAN UNION PRONE TO BE TARGETED BY HACKERS

Hackers successfully targeted the European Union's diplomatic communications over a period of several years, The New York Times reports. Thousands of - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, e...

08/11/2018

HSBC DATA BREACH

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

07/11/2018

Facebook Data Breach! This could be even your personal information and private messages.

Dark web seller shares private messages

05/11/2018

It's high time we shift to new technologies in enhancing security infrastructures to protect data

At MIT CSAIL’s Securing the Enterprise conference, BT Security president says risk is changing all the time.

19/10/2018

Today's the last day for a third of US government's executive branch departments to comply to a directive that seeks the adoption and improvement of email validation policies that would lower the risk of spam and impersonation.

11/09/2018

Author : Date : September 10, 2018 Comment : No Comments British Airways apologises after 380,000 customers hit in cyber attack BA says contacted customers as soon as possible Details of 380,000 card payments compromised BA says attack was ‘very sophisticated’ London (Reuters): British Airways w...

06/09/2018

Since spending on cyber security has skyrocketed, many legitimate business opportunities have arisen with it.

Because cyber attacks have risen with the growth of the cloud computing and outsourcing, spending on cybersecurity has risen in tandem, a trend that will bring many business opportunities to those with expertise, both businesses and individuals.

20/08/2018

Cybercriminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police.

13/08/2018

Did you know?

68% of funds lost as a result of a cyber attack were declared unrecoverable.

Cybercrime is not only costly but poses other problems as well for organizations worldwide.

It’s becoming increasingly difficult to detect cyber attacks and resolve the security issues created by them: the average time to detect a malicious or criminal attack by a global study sample of organizations was 170 days (according to a research conducted by the Ponemon Institute). Moreover, no industry is safe: all business sectors are affected to a higher or lower degree.

The same research conducted by the Ponemon Institute found the average annualized cost of cybercrime incurred by a benchmark sample of U.S. organizations was $12.7 million, representing a 96% increase since the study was initiated 5 years ago.

As a result, organizations experienced a 176% increase in the number of cyber attacks, with an average of 138 successful attacks per week, compared to 50 attacks per week when the study was initially conducted in 2010.

And what’s more worrisome is that 68% of all these funds that were lost as a result of a cyber attack were never recovered and will probably never be.

How it affects you and what can you do to get protected:

01. Keep your financial information protected by using a password manager application to enter your passwords on your online banking website.

02. Be aware of phishing attempts and never give your confidential information over email or other means of electronic communication.

03. Get additional protection through software that can detect cyber threats and block them before they infect your system and leak financial data.

10/08/2018