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British businesses warned to stay vigilant in the face of Ransomware attacks

british businesses warned to stay vigilant in the face of ransomware attacksA new report from security watchdog SonicWall has confirmed that the threat of Ransomware is greater than ever in the UK and that British businesses in particular should sit up and take note, with over 38 attacks every day on UK based companies and organisations.

What is Ransomware?

Ransomware is a form of malware which locks away a victim’s files and then requests payment to have them returned. Ransoms are paid through a digital currency such as Bitcoin, which allows for highly encrypted and anonymous transactions. While a ransomware attack can be a nuisance for individual computer users, for businesses the repercussions can be far greater. A loss of sensitive data, particularly that of clients and customers can lead to serious damage to reputation and financial losses. In order to protect themselves from Ransomware, businesses should work closely with IT security specialists to ensure that systems are updated with the latest software, patches and firewalls and that they have access to offline backups of their data should the worst happen, and they fall victim to a ransomware attack.

Nearly half of all global login attempts are made by hackers

nearly half of all global login attempts are made by hackersThe content delivery network Akamai has claimed that 43% of all online login attempts are performed by cyber criminals attempting to compromise accounts of businesses and corporations.

A recent report from Akamai has revealed that almost half of all online log in attempts are “malicious”. In its report ‘Q4 2017 State of the Internet/Security report’ the company provided research that claims an overwhelming number of log in requests are “attempts to log in to an account using password guessing software or account details gathered from elsewhere on the internet. However, other sources such as The Register have suggested the real figure could be even higher.

Apple confirms security flaw in almost all its products

ecl blog 42Tech giant Apple has confirmed two major bugs found across almost all of it’s devices including iPhones, Macbook Pro’s, iMac Pro’s, Macbook’s, iMacs and iPad devices.

Apple has said the two issues known as “spectre” and “meltdown” are believed to affect “nearly all computing devices and operating systems” with only the Apple watches believed to be immune.

Meltdown is said to affect Intel processors, which are commonly found in Macs. It could in theory allow malicious software or hackers to overcome the system’s security protection to send or see specific application data. Spectre, on the other hand, is a bug that affects not only Intel but also ARM and AMD systems and processors found in iOS devices. This could make devices vulnerable by making it easier to access highly valuable information such as passwords, data and communications previously protected by encryption.