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New study finds 5 of every 6 routers are inadequately updated for security flaws

Consumer group blames open source libraries and the lack of auto-update mechanisms.

A new study by a US consumer nonprofit has found that five out of six home routers are inadequately updated for security flaws, leaving the devices, and indirectly their users, vulnerable to hacking.

Carried out by the American Consumer Institute (ACI), the study analyzed a sample of 186 … Read more...

This is how cyber attackers stole £2.26m from Tesco Bank customers

Poor debit card security and a “series of errors” in reporting exacerbated an incident that could have been easily avoided.

The inner workings of a cyber attack against Tesco Bank which saw £2.26m stolen from 9,000 customers — and resulted in the bank being fined over £16.4m for the failings that allowed it to happen — have been revealed.

The … Read more...

91% of cybersecurity pros fear hackers will use AI to attack their company

Some 87% of companies use artificial intelligence in their cybersecurity strategy, according to Webroot.

  • 87% of US cybersecurity professionals report that their organizations are currently using AI as part of their cybersecurity strategy. -Webroot, 2017
  • 91% of cybersecurity professionals are concerned about hackers using AI against companies in cyberattacks. -Webroot, 2017

More than 90% of cybersecurity professionals are concerned that … Read more...

Hacker gets a whopping 14 years in prison for running Scan4You service

Ruslan Bondars run a “VirusTotal-for-crooks” operation from 2009 to 2017.

Ruslan Bondars, a 37-year-old man from Latvia was sentenced to a whopping 14 years in prison for facilitating cybercrime by creating and running a service named Scan4You that allowed malware authors to check the detection rates of their malicious code.

In the infosec industry, Scan4You is what security researchers and … Read more...