Cybercrime: the pros and cons

For the past 30 years, the growth in hacking has correlated directly with the proliferation of personal computing and mobile communication devices. And with the world now firmly in the digital age, concerns over “lone wolf” hackers have been re-focused on what are now resilient, complex and sophisticated crime organizations conducting global cyber attacks.
Of course, lone wolf attackers and small hacking groups still exist in every corner of the internet, often launching ransomware and Wi-Fi attacks, or implanting malware on PCs.

Think perimeter security is enough? Think again…

Most of the data breaches you hear about these days are assessed from the server side. Take a recent incident in the financial services industry—a serious malware attack on the Polish banking sector that was tied to a campaign targeting organizations in more than 30 countries. In this case, a web application was infected with malicious code that spread from workstation to workstation. The malware was injected on the server side and then spread to clients using JavaScript embedded in the website. The truth is, this type of attack is the easiest to prevent.

The European Banking Authority warns against Man-in-the-Middle attacks

As discussed in a previous blog, the European Banking Authority (EBA) has released the final draft of its technical guidance for PSD2. Articles 4 and 25 of said guidance include mandates for the security of the customer authentication process.

One of the key elements of the authentication mandate is the requirement to use advanced security technology to safeguard all client-to-server communications against interception. In other words, to protect against MitM (Man-in-the-Middle) attacks.

2017 – A year of disruption in Payments & Banking

It’s 2017 and, ready or not, the payments & banking industry is facing disruption. But what does that mean for your company’s cyber security? We hope to unravel that for you in the Irdeto payments & banking security blog we’re launching today.

For years, Irdeto has helped companies in the media industry solve a lot of the same kinds of security problems you’ll be facing as you navigate a disrupted payments & banking landscape. This experience has provided us with a unique perspective