SUTD Masters of Science in Security by Design

28/03/2018

Ransomware renders government services in major American city unavailable for days. Citizens lifestyles were disrupted as they were unable to pay tickets, water bills, or report potholes and graffiti on the city website. Free WiFi in one of the world’s busiest airport unusable.

Atlanta’s city government has been struggling for days with ransomware that has crippled its computer networks and forced it back to doing business with ink and paper.

17/12/2017

Both bitcoin and blockchain are vulnerable to attack. Here's what you need to know to protect yourself and why blockchain is becoming a foundational technology.

17/12/2017

Last month, details emerged about a secretive unit within Uber dedicated to stealing trade secrets, surveilling competitors, using self-destructing messages, and dodging government regulators.

Ex-employee accuses secret unit at Uber of multiple unlawful actions

17/12/2017

South Korea's spy agency believes that North Korea is behind hacking attacks on a crypto-currency exchange in the South, sources say.

At least $7m (£5.25m) in digital money was stolen in the hacks - although the money is now said to have ballooned in value to $82.7m.

The thieves also stole the personal information of some 30,000 people.
http://www.bbc.com/news/world-asia-42378638 #

Crypto-currencies may have been targeted in order to evade global financial sanctions on the North.

03/12/2017

With recent high profile hacks of companies such as Uber, Equifax, and HBO, it’s safe to say that cybersecurity is already top of mind for many of the world’s biggest companies.

However, as billions of more devices get connected to the internet every year – including many that are not properly secured – this cybercrime threat is evolving quickly, and the stakes are rising as well. Experts estimate that cybercrime caused $450 billion of damage to the economy in 2016, and that number is expected to increase to $1 trillion by 2021.

Cybercrime is rising, and companies like Uber, Equifax, and HBO are getting hit hard. See the resulting boom in cybersecurity spending in this infographic.

03/12/2017

The cybersecurity market is expanding rapidly — to the tune of $1 trillion in global spending expected over the next five years. That means a lot of new market entrants. While venture capital is pouring into cyber startups, major tech brands are also marching onto the field. Amazon Web Services (AWS) is the newest big name in cybersecurity with the debut of its GuardDuty service.

Amazon Web Services (AWS) enters the cybersecurity market with the debut of its Amazon GuardDuty service.

03/12/2017

There will always be a person who tries to find issues in our systems and bypass them. Therefore, if we detect 90% attacks today, new methods will be invented tomorrow. To make things worse, hackers could also use machine learning to carry out their nefarious endeavors.

Nevertheless, machine learning can help us with typical ML tasks, including regression (prediction), classification, clusterization, recommendation and reinforcement. ML can solve all of them with different levels of efficiency for various needs.

Machine learning will never be a silver bullet for cybersecurity, but it can help with basic cybersecurity tasks.

03/12/2017

Cyber security success or failure hinges on the ability of people, organisations and industry sectors to share information.The challenge of information sharing is not new. Successful information sharing requires trust, a solid policy framework and commitment from people who want to solve specific cyber security problems.

Knowledge, insight and understanding require collaboration. Cyber security success or failure hinges on the ability of people, organisations and industry sectors to share information.. Read more at straitstimes.com.

26/11/2017

After more than two decades, malware attacks have started to hit the corporate bottom line and to show significant losses in quarterly earnings reports.

After more than two decades, malware attacks have started to hit the corporate bottom line and to show significant losses in quarterly earnings reports. Recent ransomware attacks are causing organizations today to take another look at their current security and therefore may offer a silver lining.

26/11/2017

Uber concealed a massive global breach of the personal information of 57 million customers and drivers in October 2016, failing to notify the individuals and regulators, the company acknowledged on Tuesday.

Company paid hackers $100,000 to delete data and keep the breach quiet, it emerged on Tuesday, as CEO says ‘I will not make excuses for it’

26/11/2017

Mozilla recently launched its all-new Firefox Quantum web browser, the firm’s biggest launch since Firefox 1.0 debuted back in 2004.Mozilla this week revealed it will warn you whenever you visit a website that has suffered a data breach.

GOOGLE CHROME rival Firefox has unveiled a new feature that should keep you abreast of data breaches as soon as they happen.

26/11/2017

The holiday shopping season marks a vital sales period for many American small businesses, with this year’s retail sales expected to reach as much as $682 billion, according to the National Retail Federation. With this anticipated volume of sales, having a cyber security plan in place is crucial, particularly for startups.

This year, retail sales are expected to reach as much as $682 billion. How are you going to make sure that your cyber security plan is ready?