August 5, 2016

Herjavec Security News Watch: July 30 – August 5, 2016

Stay up to date on the latest cybersecurity news, activity, trends and breaches. Follow Herjavec Group’s Security News Watch each week and stay informed.

herjavec security news watch

How foreign governments spy using PowerPoint and Twitter: More instances have been reported of cyberespionage conducted by government officials using relatively simple applications. 

Kaspersky Lab Kicks Off Its First Bug Bounty Program: Kaspersky Lab joins the group of companies dedicated to using white hat techniques to fix potential security flaws. Partnering with HackerOne, Kaspersky plans to offer $50K in rewards to white-hat hackers.  

$77 million in Bitcoin stolen from Bitfinex exchange: About 120K BTC (Bitcoin currency) has been stolen from Hong-Kong based Bitfinex, resulting in a 20% drop in the price of Bitcoin.

Meet the ‘average paperclip threat’: Why Airbnb rentals are the next big attack surface: It can take a hacker 30 seconds to hack into your home’s Wi-Fi network so if you offer your homes for rental on websites like AirBnB, take the necessary steps to ensure network security. 

Impatient users saddled with malicious copycats of popular Prisma app: Popular photography/art fusion app, Prisma, has been targeted by hackers who offered a malicious version of the app on Google Play. Recent reports state that there have been 1.5 million downloads of the malicious app

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Why you need a strong authentication platform: According to Symantec, using strong authentication practices can eliminate up to 80% of security breaches. 

Go For Gold: 8 Ways to Secure Your Corporate Social Engagement for the Rio 2016 Olympics: With the Rio 2016 Olympics in full swing, many brands are using social media to increase engagement but the Olympics are also a hot spot for cyber crime. If you or your business are heading to Rio, please ensure that your corporate social engagement is secure. 

Lost your iPhone? Be on guard for a perfectly-timed Apple ID phishing attack: Hackers are now stealing your iPhones and exploiting the Find my iPhone app to scam individuals via a phishing attack. Read here how Joonas Kiminki figured out how to spot the difference. 

12 Security Tricks to Stay Safe Online: With the constant rise of online security threats, Gizmodo compiled a list of 12 tricks everyone can do to preserve their online security. 

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58% of orgs have no controls in place to prevent insider threats: Insider threats are a reality in today’s cybersecurity industry and yet, almost 60% of all organizations have no controls set to diffuse this threat. 

75% of the top 20 US banks are infected with malware: The findings were released as part of the 2016 Financial Cybersecurity Report, published by SecurityScorecard, that exposed vulnerabilities in over 7K financial institutions. 

About Herjavec Group

Dynamic IT entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity solutions and services to enterprise organizations. Herjavec Group delivers SOC 2 Type 2 certified managed security services globally supported by a state-of-the-art, PCI compliant, Security Operations Centre (SOC), operated 24/7/365 by certified security professionals. This expertise is coupled with leadership positions across a wide range of functions including consulting, professional services & incident response. Herjavec Group has offices globally including head offices in Toronto (Canada), New York City (USA), Reading (United Kingdom) and Sydney (Australia).  For more information, visit

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