Banks can reduce security risks posed by email hoaxes through several steps: external source alerts, stricter email policies, employee education, use of domain-based message authentication, and software tools, American Banker says.
I was interviewed by the Wall Street Journal on how WannaCry might have played out if the EU GDPR had been in effect at the time of the attacks. You can read the article in the WSJ’s Cyber Security section.
Source: Banks reinforce cyber defenses after global attack | Reuters
Days after WannaCry ransomware swept the globe, a new computer attack hit thousands of machines world-wide and a hacking group said it would release a fresh trove of stolen attack software. Source: New Threats Fuel Fears of Another Global Cyberattack – WSJ
Amid a wave of phishing emails spoofing the Google Docs document-sharing app hit a cross-section of businesses this week, WSJ Pro’s Kate Fazzini talks how companies can be proactive against cyber-security threats and email hacks. Source: The Google Docs Worm and Protection Against Email Spoofing
The hacking of French president-elect Emmanuel Macron’s campaign has shed light on the importance of a strong IT security strategy in a clutch situation. WSJ Pro’s Kate Fazzini talks the key cybersecurity lessons companies can learn from the attack. Source: Cybersecurity Lessons From the French Election Hacking
More than a dozen hospitals and health practices around England were affected by a widespread technological failure, which was suspected of being caused by a large-scale cyberattack. Source: English Public Hospital System Hit by Suspected Cyberattack – WSJ
Manufacturers are buying cyber insurance to protect their networks as “factories are increasingly computerized, automated and digitally integrated with other parts of a company,” the Journal reported.