Tomáš Foltýn

Banks are being urged to step up to the plate and to “work together to tackle this problem head on”, as their response has been found to be disproportionate to the scale of the problem.

To help the reader navigate through the maze of such threats, ESET’s thought leaders have zeroed in on several areas that top the priority list in our exercise in looking forward.

A breakdown of the ‘spending pie’ shows that the ‘security services’ segment is projected to make up nearly 60% of the total IT security budgets, followed by the ‘infrastructure protection’ segment on a little over 18%.

The developer’s keyboard apps boast 40 million users across Android and iOS, but “only” Android users were affected by the security lapse.

The cast of characters behind the attacks, or their motives, are unclear. However, the onslaughts come at a time when the bitcoin price hits new highs, possibly triggering efforts on the part of cybercriminals to manipulate and cash in on the price.

The association expects the increased costs incurred in security breaches to come both from traditional areas, such as network cleanup and customer notification, and newer areas such as litigation.

Throughout its monitoring of the threat, ESET found dozens of C&C servers every month. The bulk of ESET’s research was conducted late last year, with the peak of Wauchos’s activity going back approximately to that time.

The health service is now on the lookout for a partner to help run the project, having invited interested parties to tender for a contract that is set to run for three to five years. The new center is set to be based in the English city of Leeds.

The extension currently includes an input field that users can use to subscribe an email address in order to receive an alert when they may be affected by a future breach.