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The risks from Cyber cime - Hacking - Loss of Data Privacy - Identity Theft and other topical threats - can be greatly reduced by implementation of robust IT Security controls ...
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Steven Murdoch Royal Society University Research Fellow at University College London
Today, Finextra published a video interview with me, discussing my research on banks using card readers for online banking, which was recently featured on TV. In this interview, I discuss some of the more technical aspects of the attacks on card readers, including the one demonstrated on TV (which requires compromising a Chip & PIN terminal),...
11 November 2009 /security
This evening (Monday 26th October 2009, at 19:30 UTC), BBC Inside Out will show Saar Drimer and I demonstrating how the use of smart card readers, being issued in the UK to authenticate online banking transactions, can be circumvented. The programme will be broadcast on BBC One, but only in the East of England and Cambridgeshire, however it shoul...
26 October 2009 /security
Retired Member
One of my favourite TV programmes is "The Real Hustle" where a team of ex-confidence tricksters show how easy it is to use social engineering to gain access to other peoples' goods and money. Of the three security areas that can be addressed, people, process and tools, people provide both the largest target and, due to reluctance to own ...
27 August 2009 /security /regulation
So I read today that a guy, a known hacker in fact, has been charged in the US with rifling 130 million card details from various agencies and stores and he is about to go to jail for a long time. Story here. This is the pits don't you think? How long have we got to put up with business and governments telling Joe Public that it's ok, we have it ...
17 August 2009 /security
On the IT front I can't report any real increase in the level of risks out there. With a couple of conventions on at the moment we could get a few new exploits, but they don't really effect the general risk level, after all, the horse has bolted and that data just isn't going to come back, except as fraud. Could it get any worse? Not if the smarte...
31 July 2009 /regulation
Matt White North America editor at Finextra
Another day, another example of sloppy security. Wired reports that sensitive information about the New York Stock Exchange's network has been lying around on an unsecured server for about a year. On the server were "directories of files containing logs, server names, IP addresses, lists of hardware, lists of software versions running on the ...
29 July 2009 /security
Elton Cane Digital product delivery at News Corp Australia
There's an interesting news snippet from Jakarta today about a fire at IFI Bank, which was liquidated by Indonesia's central bank in April. It's slightly suspicious, but not in the sense of the blaze being started deliberately. Firefighters say it was caused by a short circuit in a paper shredder, which caused a nearby sofa to catch alight. I don'...
15 June 2009 /security
Barack Obama announced last week that there will be a new Cybercrime Czar in the US reporting directly to the president. We wonder what, if any good that will do. Can he/she be more than a figurehead when the crimes they want to stop originate in the Ukraine or Bulgaria or Indonesia? Will they attempt to burden us with more ineffective regulation?...
01 June 2009 /security /regulation
Recently, a targeted crime spree hit Staten Island with 250 Sovereign Bank customers caught up in a never-ending technological arms race between criminals and the rest of us. This time it wasn’t the latest hacker sitting at a far away computer in the middle of the night. Rather it was a small gang that used skimming technology and video cameras...
27 May 2009 /security /regulation
In a week filled with data breach news, it's refreshing to see Visa's chief risk officer call for collaboration to stop fraud, and I applaud, however, there's something very important missing. Collaborating to share critical information and insights about fraud among "all players in the payment system", as well as government organizations...
25 March 2009 /security /regulation
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