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by Ben Densham - CTO, Nettitude - Wednesday, 18 June 2014.

 

Earlier this week, Domino’s Pizza became the latest victim of a breach and ransom demand. Recent DDoS attacks on Evernote and Feedly DDoS, along with the efforts of Cryptolocker and other tricks to extort hard cash from unsuspecting users, are rapidly gaining momentum and are becoming a serious threat to individuals and organisations of all sizes. These brazen attempts to make a quick profit will only be fuelled for as long as they remain successful.



In these latest incidents we are seeing a continuation of a theme - if your company holds passwords and account information for customers, and you have an online method for those details to be used or accessed, there is a real threat that you could end up in the news for all the wrong reasons if the criminal gangs behind these attacks turn their attention to you.

 

Help Net Security/ full read here/ http://www.net-security.org/article.php?id=2052

 

 
The followng is a updated article on Cyber Breach Preparation

 

{Prepare yourself for high-stakes cyber ransom}

 

By/ By Roger A. Grimes | InfoWorld  Posted on July 01, 2014

 

Criminals who hold your data hostage have been around for a while. But the threat is about to get a whole lot worse.

Why? Because success breeds imitators -- and ransom has been paying off big lately. You either pay a large sum of money or suffer the consequences.

 



Credit: Ireneusz Skorupa

 

InforWorld/ Full Read Here/ http://www.infoworld.com/d/security/prepare-yourself-high-stakes-cyber-ransom-245320

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