Maersk Line invests heavily to secure its ops from cyber-attacks

Businessam StaffJanuary 29, 2018

Terming the 2017 cyber-attack as an “extremely difficult” episode, global shipping giant Maersk Line has said it has invested in network to ensure that its operations here do not get impacted by any such global breach in the future. “We have revised our system architecture to reduce some amount of the risks,” its India managing […]

Apple to issue fix for iPhones, Macs at risk from ‘Spectre’ chip flaw

Businessam StaffJanuary 5, 2018

Apple Inc will release a patch for the Safari web browser on its iPhones, iPads, and Macs within days, it said on Thursday after major chipmakers disclosed flaws that leave nearly every modern computing device vulnerable to hackers. On Wednesday, Alphabet Inc’s Google and other security researchers disclosed two major chip flaws, one called Meltdown […]

Opera web browser prevents hackers from secretly using your computer for bitcoin mining

Businessam StaffDecember 29, 2017

Internet browser Opera has created a new feature that prevents computers being used to secretly help people “mine” for bitcoin. The cryptocurrency’s rapid rise in value is making ordinary computer users more vulnerable to hackers, security experts have warned. This is due to an increase in so-called “crypto-jacking” incidents, in which unsuspecting victims’ computers are […]

New ransomware causing major issues across Europe, Russia

Businessam StaffOctober 25, 2017

There’s a new ransomware making the rounds today with confirmed targets in Russia, Ukraine, Turkey and Germany. Kaspersky Labs says that nearly 200 victims have been hit with the ransomware that’s been dubbed Bad Rabbit. A number of cybersecurity groups — including Kaspersky Labs and researchers at ESET and Proofpoint — have stated that the […]

Child safety smartwatches ‘easy’ to hack, watchdog says

Businessam StaffOctober 18, 2017

Some smartwatches designed for children have security flaws that make them vulnerable to hackers, a watchdog has warned. The Norwegian Consumer Council (NCC) tested watches from brands including Gator and GPS for Kids. It said it discovered that attackers could track, eavesdrop or even communicate with the wearers. The manufacturers involved insist the problems have […]

Wi-fi security flaw ‘puts devices at risk of hacks’

Businessam StaffOctober 16, 2017

The wi-fi connections of businesses and homes around the world are at risk, according to researchers who have revealed a major flaw dubbed Krack. It concerns an authentication system which is widely used to secure wireless connections. Experts said it could leave “the majority” of connections at risk until they are patched. The researchers added […]

Equifax Inc blames web server vulnerability for system hack

Businessam StaffSeptember 14, 2017

Credit reporting company Equifax Inc. blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The massive data breach had exposed valuable information to hackers between mid-May and July and sent Equifax shares tumbling, the company […]

Cyber attack may have hit 143 million customers, Equifax says

Businessam StaffSeptember 8, 2017

Equifax Inc. said its systems were struck by a cyber attack that may have affected about 143 million U.S. customers of the credit reporting agency, shedding light on one of the largest and most intrusive breaches in history. Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers, Equifax said in a […]

Instagram hackers may have sold high profile user emails and phone numbers before bug fix

Businessam StaffSeptember 4, 2017

Despite social media platform, Instagram’s alerting verified users last week that it had fixed a security flaw that could give hackers access to their personal information, there are concerns that the bug was exploited before Instagram’s fix, which affected more than the most high-profile accounts. Hackers are selling email and phone number data allegedly belonging […]