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A serial offender accused of breaching his Sexual Offences Prevention Order fears he will die in prison, a court has heard. arey Lyons is accused of possessing six devices prohibited […] View full post on National Cyber Security
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_________________________ GAIL Porter’s daughter has banned her from joining Tinder – in case she matches with a killer. The TV star, 49, said she wanted to sign up to the […] View full post on National Cyber Security
#nationalcybersecuritymonth | Fears of Russian interference hit U.K. election as Reddit bans accounts after U.S. trade talks leak
LONDON — Fears of Russian interference reared their head in the U.K. election this weekend after social media platform Reddit said it believed confidential British government documents were posted to the site as “part of a campaign that has been reported as originating from Russia.”
Reddit launched an investigation after opposition Labour Party leader Jeremy Corbyn brandished the leaked documents at a press conference last month.
The 451-page dossier appeared to reveal rounds of trade negotiations with the U.S. for a post-Brexit trade deal included mention of the country’s beloved National Health Service. Labour claimed they proved Prime Minister Boris Johnson would put the NHS “up for sale” to secure a deal with President Donald Trump.
The British government has not denied the authenticity of the documents. NBC News has not verified their authenticity.
Johnson, whose ruling Conservative Party leads in the polls entering the final week, has denied Corbyn’s claims about what they show.
A British government spokesperson told NBC News Sunday that “online platforms should take responsibility for content posted on them, and we welcome the action Reddit have taken.”
“The U.K. government was already looking into the matter, with support from the National Cyber Security Centre,” the spokesperson said.
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“We do not comment on leaks, and it would be inappropriate to comment.”
Reddit said late Friday that its investigation into the posts related to the leak revealed “a pattern of coordination” by suspect accounts that were similar to a Russian campaign called “Secondary Infektion” discovered on Facebook earlier this year.
The site also said it had banned 61 accounts suspected of violating policies against vote manipulation related to the original post, which was published in October.
Corbyn has not revealed how his party obtained the documents but defended the decision to use them.
Asked about Reddit’s conclusions at a campaign stop Saturday, Corbyn said the news was an “advanced stage of rather belated conspiracy theories.”
“When we released the documents, at no stage did the prime minister or anybody deny that those documents were real, deny the arguments that we put forward. And if there has been no discussion with the USA about access to our health markets, if all that is wrong, how come after a week they still haven’t said that?” he added.
He also criticized the government for failing to release a Parliamentary intelligence committee report on Russian interference in British politics before the election campaign began.
Thursday’s vote was called in an effort to break the deadlock that has left the future of the country’s relationship with the European Union uncertain.
But the future of Britain’s health care has emerged as a powerful rejoinder to the notion of a purely ‘Brexit election.’
Asked about the source of the leak this weekend, Johnson said: “I do think we need to get to the bottom of that.”
Culture minister Nicky Morgan claimed the leak raises concerns of Russian influence on British democracy and said the government is taking steps and “watching for what might be going on.”
“From what was being put on that (Reddit) website, those who seem to know about these things say that it seems to have all the hallmarks of some form of interference,” Morgan told the BBC. “And if that is the case, that obviously is extremely serious.”
But if Russia was behind the leak, its aim may not have been to help any particular side in the election, Lisa-Maria Neudert, a researcher at Oxford University’s Project on Computational Propaganda, told Reuters.
“We know from the Russian playbook that often it is not for or against anything,” she said.
“It’s about sowing confusion, and destroying the field of political trust.”
Michele Neubert contributed.
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Source: National Cyber Security News
Former Tennessee Gov. Phil Bredesen’s Senate campaign told the FBI in a letter Thursday that it fears it was hacked.
As banks work to fortify their cybersecurity defences amidst a growing number of data breaches, they are also exploring the promise of so-called “open banking,” a concept that could finally disrupt the staid financial services industry.
Customers have increasingly moved away from physical branches towards online and mobile apps, but banking has yet to reach its “Uberization” moment, one that breaks down traditional models to usher in new innovations, as Uber has done for the taxi industry.
Open banking — granting third-parties like financial technology startups access to bank data to develop innovative apps — could be such a “game changer,” according to Toronto Dominion Bank’s chief information officer, Jeff Henderson.
All but one of 100 payment executives at major banks globally said they were planning major investments in open banking by 2020, according to an online survey by consulting firm Accenture released last month.
But even as Canadian financial institutions toy with the idea, they’re concerned about the looming risk to consumers’ personal information amid the growing threat of cyberattacks.
The Accenture survey also showed that 50 per cent of respondents said that implementing the emerging concept increases risk.
“There’s no question this is a trend,” TD’s Henderson said.
“(But) I want to make sure that any time we exchange information externally, that is done so in a very controlled and understood manner.”
In these early days, the exact nature of the innovation in the open banking landscape is unclear, said Bob Vokes, managing director of financial services at Accenture in Canada.
“What we’re trying to do in open banking is to create new sets of services off of the banking data, or alternatively, allow you to manipulate your banking information in a different way,” he said.
Open banking allows consumers to share their banking data, which proponents say will spur the creation of new apps and platforms that will make financial transactions easier or develop new use cases.
For example, a consumer could log into one app and see all their financial accounts, from various banks, to get a full picture of their net worth and move funds in real time. Or, geolocation data could be layered over payment data, allowing a consumer to analyze exactly where their money is being spent, while also allowing merchants to offer them location-based rewards.
The buzz around open banking is building just as concerns about cybersecurity mount.
Most recently, Uber announced earlier this month that hackers compromised some 57 million user accounts and Equifax Inc. disclosed in September a cyberattack that compromised the personal information of half of Americans and some 19,000 Canadians.
It also comes as the Bank of Canada once again listed cyber threats as a key vulnerability for the Canadian financial system in its semi-annual review released Tuesday.
“The high degree of financial and operational interconnectedness among financial institutions means that a successful cyber attack against a single institution or a key service provider could spread more widely within the financial system.”
Meanwhile, various jurisdictions are pushing ahead with legislation that would see financial institutions become even more interconnected.
By January 2018, banks in Europe will be required to share proprietary data, in a regulated and secure way, under the U.K.’s Open Banking Standard and Europe’s PSD2 legislations.
Canadian institutions are also jumping on board.
The Competition Bureau said in a report on fintech earlier this month that it is early days “but the potential impact on competition and innovation is promising.”
The Ministry of Finance said in August it is “examining the merits of open banking.”
“Open banking holds the potential to make it easier for consumers to interact with financial service providers and increase competition,” the ministry said in a consultation paper as part of a review of the federal Bank Act.
The Canadian Bankers Association responded to the ministry that while its members are proponents of innovation, they are also concerned about the potential impacts on safety, soundness and stability in Canada’s financial system.
“Canadian banks have devoted very significant resources to creating well-established information security and data warehouses that meet the highest standards worldwide, the CBA said.
“Any initiative that could undermine this trust would be very problematic for Canadian consumers, financial market participants and the broader economy.”
Vokes says these concerns — as well as questions about whether the bank or the third party is liable if something goes awry — will need to be addressed in legislation.
If additional layers of security protection are put in place, open banking should not raise the level of cybersecurity risk, he said, adding however, that cyberattackers are becoming more sophisticated as well.
“Innovation isn’t just the purview of fintechs,” he said.
“As we continue to innovate, fraud and criminal enterprises are also innovating.”
The post Open #banking holds #promise but #cybersecurity fears loom for #Canadian #banks appeared first on National Cyber Security Ventures.
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Source: National Cyber Security – Produced By Gregory Evans After Ken Taylor’s personal computer was hacked he is concerned about the impact hacking would have on his restaurant Templestowe Living Room. “I went into a website which was a bogus site and it basically took a hold of my computer,” Taylor says. “I got a […] View full post on AmIHackerProof.com | Can You Be Hacked?