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US #cybersecurity firm #McAfee eyes #digital #wallets as users #pile in for #e-payments

US cybersecurity software-maker McAfee is now turning its attention to digital wallets as a new revenue stream, against the backdrop of more and more people signing up for these services, The Economic Times reported.

According to the report, McAfee, which has over 25% of its global workforce based in its Bengaluru office, is targeting the space as the number of digital wallet users spiked after the government’s demonetisation initiative.

“India has a large number of digital wallets compared to other countries. While these wallets are expanding to the nether regions of the country, the number of scams is also increasing by the day,” Anand Ramamoorthy, managing director, South Asia, McAfee, was quoted as saying.

“The scale is quite large and so building security features becomes difficult,” he said. “There are various issues a user faces starting from fake apps, fake transactions and a lot more, which are unique cases in India. Looking at all these cases, we are trying to build security that solves it all levels,” he added.

The Economic Times had earlier reported that several scammers were committing fraud by sending false payment confirmation messages to merchants.

Explaining digital wallet security, Ramamoorthy said that the company first tracks how apps are reading into personal data of users on the phone such as address book and photos and then secures that data. He said that in order to add another layer of security, McAfee tries to find the device on a map faster than usual and then backs up the data, locks the device and wipes out the data from the device.

The company is already working with mobile wallet companies but is now sharpening focus to secure the back-end as well as the front-end for consumers.

In another strategic move in March, the company had said that it was extending its cloud security platform to protect Microsoft’s Azure platform that provides cloud services.

Interestingly, this was McAfee’s first joint solution following its acquisition of Skyhigh Networks, a specialist in the cloud security, in November 2017. According to McAfee’s 2017 cloud adoption and security report, nearly 93% of organisations use some form of cloud services.

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Missouri Digital Government Summit

General Cybersecurity Conference

 June 13, 2018 | Jefferson City, Missouri, United States

Cybersecurity Conference Description

Government Technology’s passion is helping spread best practices and spurring innovation in the public sector. The Missouri Digital Government Summit is designed to do just that. The summit has an advisory board that gathers public sector and private sector leaders to create an agenda designed to make that passion relevant and actionable to the state and local government organizations attending the summit. Participants tell us they use inspirational keynotes, leadership discussions, networking breaks, and timely topics discussed in the numerous breakout sessions to help advance the goals of their organizations and their own career paths.

Topics Include:

– Innovation and Leadership
– Digital Government Trends
– Emerging Technologies
– Cyber Security
– Data and Analytics
– Mobility and Citizen Engagement
– Cloud Services
– Collaboration

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IT & Digital Leaders Nordics

General Cybersecurity Conference

 May 24, 2018 | Stockholm, Sweden

Cybersecurity Conference Description

The IT & Digital Leaders Dialogue Nordics brings together 60 industry leading CIOs, CDOs, Directors of IT and Transformation from across the Nordic region, offering exclusive networking and benchmarking opportunities with both your peers, and industry experts.

The programme delivers interactive case studies, workshops and one-to-one meetings allowing you to head back to the office with actionable insights to not only develop your strategy, but put it into practice.

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New Jersey Digital Government Summit

General Cybersecurity Conference

 May 22 – 23, 2018 | Trenton, New Jersey, United States

Cybersecurity Conference Description 

Government Technology’s passion is helping spread best practices and spurring innovation in the public sector. The New Jersey Digital Government Summit is designed to do just that. The summit has an advisory board that gathers public sector and private sector leaders to create an agenda designed to make that passion relevant and actionable to the state and local government organizations attending the summit. Participants tell us they use inspirational keynotes, leadership discussions, networking breaks, and timely topics discussed in the numerous breakout sessions to help advance the goals of their organizations and their own career paths.

Topics Include:

– Innovation and Leadership
– Digital Government Trends
– Emerging Technologies
– Cyber Security
– Data and Analytics
– Mobility and Citizen Engagement
– Cloud Services
– Collaboration

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IT & Digital Leaders UK

Source: National Cyber Security News

General Cybersecurity Conference

 April 23 – 24, 2018 | England, United Kingdom

Cybersecurity Conference Description

The 17th annual IT & Digital Leaders Dialogue UK will bring together 60 industry leading CIOs, CDOs, Directors of IT and Transformation from across the UK, offering exclusive networking and benchmarking opportunities with both your peers, and industry experts.

Researched with your peers, the programme delivers interactive case studies, workshops and one-to-one meetings allowing you to head back to the office with actionable insights to not only develop your strategy, but put it into practice.

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Digital #billboards in the #UK will today start #showing #hacking #attempts

Source: National Cyber Security News

The campaign, sponsored by an insurance company, intends to demonstrate how often hacking attempts are made on a typical small business site.

A variety of recent campaigns have employed digital billboards to show imagery in response to data from weather, traffic conditions, social posts from passersby and commute times.

Today, a new week-long campaign launches in the UK: Dozens of digital displays will demonstrate the frequency of hacking attempts on a typical small business’s website.

Called the Honeypot Poster by campaign sponsor Hiscox insurance, the displays show dots that demonstrate live hacking attempts on custom, “honeypot” proxy servers of the sort that might host a typical small business website, except there was no virus or firewall protection. The servers hold some data but no personal or sensitive info.

The displays show changing dots inside the words “Cyber Attack,” with each dot representing a hacking attempt and a numerical counter showing the daily attacks thus far. During the trial period for the campaign, the hacking attempts averaged 23,000 daily, sometimes peaking as high as 60,000, from Russia, Vietnam, the UK and elsewhere around the world.

The point, Hiscox Head of Marketing and Partnerships Olivia Hendrick said in a statement, is to make “small businesses more aware of the very real threat that cybercrime poses and challenging the belief that cyber criminals only target larger organisations.

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Canada #build digital #Bitcoin vault to #protect investors from hacking

Source: National Cyber Security News

A CRYPTOCURRENCY vault aimed at protecting online currencies such as Bitcoin from hacking is about to be launched by a digital Canadian bank, it has been reported.

It comes after last month Japanese cryptocurrency exchange Coincheck announced it would have to pay back more than £300million to customers after their system was hacked, affecting 260,000 customers.

Now, Canadian bank VersaBank has announced they are setting up a “Blockchain-based digital safety deposit box” for digital currencies to protect investors from such attacks.

Announcing their brand new vault, VersaBank said: “Your digital assets are just as valuable as any family jewellery, property deed or stock certificate, but protecting them isn’t nearly as simple.

“No storage device or commercial cloud service is completely safe, and most blockchain-based secure storage is only for crypto-currency and offered by companies you’ve never heard of, in places you don’t know.

“Like a safety deposit box, only you have access to what’s inside, and like a safety deposit box, it’s been built by an institution you can trust to be there for the long run.”

President and CEO of the bank, David Taylor, has said he hopes his company’s latest offering to customers will help cement Canada as a cryptocurrency world leader.

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Symposium on Digital Behaviour Intervention for Cyber Security (AISB18-CyberSecurity)

Source: National Cyber Security News

General Cybersecurity Conference

 April 4 – 6, 2018 | Liverpool, United Kingdom

Cybersecurity Conference Description 

This symposium focuses on how digital technology can motivate and influence people to behave more cyber-securely. It will bring together researchers, designers, developers and cyber-security experts interested in computers designed to change cyber-security attitudes and behaviours. The symposium will cover a wide range of topics on persuasion, from behaviour intervention methods to persuasive argumentation and persuasive user interfaces.

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The #Achilles #Heel of #Digital #Transformation

Source: National Cyber Security News

“The digital networking and increasing exchange of data currently taking place in many firms is making their IT systems vulnerable to attack. Cyber security is therefore the Achilles heel of digital transformation,” says Professor Irene Bertschek, head of the ZEW Research Department “Digital Economy”. According to the newly released study, 90 per cent of firms in Baden-Württemberg recognise the critical importance of cyber security, with 71 per cent seeing it as either “extremely important” or “very important” and a further 19 per cent seeing it as “important”. And the significance of cyber security is only going to increase up until the year 2022.

Cyber security is particularly valued by financial and insurance service providers, which is to be expected given that these companies process highly sensitive personal data that is in particular need of protection.

Increased digitalisation brings growing risks, particularly of cyber-attacks

Companies with a digital infrastructure such as computer networks are vulnerable to cyber-attacks, that is, targeted attacks on their digital infrastructure from outside. These attacks can paralyse computer networks or destroy customer and employee data. The intentional manipulation of IT infrastructure and data by outsiders was perceived by companies as the most significant risk associated with cyber security, closely followed by increasingly complex IT systems, which often make it difficult to identify potential security flaws and fix vulnerabilities in the system as soon as they appear.

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4 #Digital Security #Principles for #2018 to #Protect Yourself from a #Cybersecurity #Nightmare

Source: National Cyber Security News

2017 was an exciting and terrifying year in cybersecurity news. The digital world saw an upsurge in headlining ransomware, disclosure of large-scale data leaks of personally-identifiable information, increased media coverage of nation-state-level cyberthreat activities, as well as the discovery of closer-to-the-metal issues such as various Intel Management Engine vulnerabilities, speculative execution vulnerabilities (Spectre) and the out-of-order execution vulnerabilities.

All of the above happenings represent a selection of newsworthy digital security discoveries that stood out against against the backdrop of an ever-growing body of known vulnerabilities in every layer of the modern computing stack.

The question for many enterprises in the midst of growing information insecurity might be “How can we navigate the cybersecurity threat landscape to preserve business continuity?”

As a small information security team at Praekelt.org, a non-profit tech organisation that aims to drive sustainable improvements in global wellbeing, a strong set of principles to steer our organisation’s cybersecurity is key. Here are some we’ve identified that serve as good starting points:

1. Turn cybersecurity news into actionable information
After the wave of anger, frustration, and ridicule subsides for a digital security scandal subsides, internalising the learnings from the event can extend the value of this knowledge beyond the current news cycle.

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