There’s no doubt about it, cyber-attacks are increasing. A consequence of this is a rise in cybersecurity litigation. Interestingly, that litigation may not necessarily be directed against the cybercriminals. Instead, it is likely to be another threat that the breached company has to deal with.
Just as cyber-attacks are generating publicity, so too are the subsequent litigation activities. What makes them newsworthy seems to be the dollar amount.
In Star Wars: The Force Awakens, the sinister First Order dominates the galaxy, with only a small band of trusted resistance fighters left. What’s the link to today’s software world you may ask? It all comes down to the power of cryptography to defeat the dark side.
In this software controlled world the need for software protection is unavoidable. This protection extends to all aspects of day-to-day life. It could be securing your credit card details when shopping on line or a business safeguarding a remote network connection to even protecting premium content such as a blockbuster movie.
The Internet has transformed how businesses operate today. Never before has so much been done online. The dark side to this connectivity is that the threat of cybercrime is increasing and becoming more professional. It’s no longer a case of if you will fall victim to a cyber-attack but when. Are you ready?
No business is immune
It’s not just Irdeto’s cyber-services team which is witnessing a growing concern about cyber-attack threats.
Let’s face it; if consumers don’t get what they want, they look elsewhere. Gone are the days of loyalty due to limited choice. For pay-media operators this can be like walking a tightrope: protecting their content investment without the security negatively impacting the consumer experience. What can be done to make this easier?
To find out, let’s check in again with Bob. Unsurprisingly, after being identified as the cause of the corporate disaster Bob is now unemployed. He spends most of his day catching up on the movies and TV series he missed.
What if I told you the Internet was built by hackers or that Facebook’s Mark Zuckerberg has been called a hacker. Would you believe me? To fully understand the hacking threat, first we should know more about the hacking mind.
The hacking mind
Although predominately associated with the online world the hacking mindset is not limited to those in the computer field. The characteristics can be equally found in the world of art or science.
Many of us work for organizations with an established corporate IT department. IT determines the security policies; sets the protocols, permissions and instructs employees on the best practice. Given the cyber risks that organizations now face is ‘egg-shell’ security enough?
Some of you may remember Bob from my previous post. Let’s continue to see what Bob is doing to explore how safe corporate IT really is.
The DarkNet is synonymous with the sale of drugs, weapons and fake passports. None of which are relevant to pay- media operators. What lurks in the DarkNet which would be of interest to them? And what can be done to mitigate the impact?
What are we seeing?
Irdeto has witnessed a growing demand for customer databases – supplying compromised account credentials for pay media services.
We naturally assume banks are safe. But why? From legendary bank robbers: Jesse James or Bonnie & Clyde, banks have always been a target. Today’s bank robbers are cybercriminals. And they are targeting not only the banks but also consumers.
Every couple of months cyber-attacks on banks make the headlines. Be it the Carbanak cybergang’s biggest ever online bank heist, a distributed denial of service attacks on RBS/Natwest or a Polish bank being held to ransom
Thanks to the highly publicized sentencing of Ross Ulbricht, founder of the online blackmarket place – Silk Road, the general awareness of the DarkNet is increasing. Yet, the importance of the DarkNet to our customers isn’t about supply of illegal drugs or fake passports; it is its growing role in evolving online piracy.
Before diving into the detail of the emerging trends that we’re seeing, let’s start by putting things into context.
‘Never trust the browser’ is a mantra that all developers and security experts live by. Of course! In essence it’s an engine designed for remote code execution. What’s there to trust? But, imagine the possibilities if it could be transformed into a secure platform.
Living in a hostile world
Cyber attackers are constantly looking for, and finding, security weaknesses; program errors and other flaws in web browsers. Looking back at 2014, they proved to be very successful.