July 29, 2016

Herjavec Security News Watch: July 23 – 29, 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

Twitter Pays Researcher $10,000 for Hacking Vine: A researcher submitted a vulnerability in the Vine for Android App to Twitter’s bug bounty program and was rewarded $10K for finding the bug. 

All Signs Point to Russia Being Behind the DNC Hack: Following the infamous breach of the DNC’s emails and files, many are speculating that Russia may have been orchestrating the hack after all to influence the 2016 US Elections. 

Decrypter for Locky-Mimicking PowerWare Ransomware Released: This ransomware adds a “.locky” filename extension to a wide variety of files but researchers at Palo Alto Networks have found a way to decrypt the files. 

Law Enforcement and IT security Companies Join Forces to Fight Ransomware: Various law enforcement teams and security companies such as Europol, Intel Security, and Kaspersky Lab have joined forces to launch a No More Ransom initiative to fight against ransomware. 

How Canadian Banks are Turning to Biometrics to Use Your Body to Fight Fraud: Royal Bank of Canada will be rolling out the new biometric features such as fingerprint scans in 2017 in their fight against hackers stealing customers’ passwords to steal money. 

state of the industry edit

Cybersecurity Talent Crisis Continues, Technical Skills in High Demand: With cybersecurity costs rising up to the billions for businesses globally in the next few years, many industry leaders still say that there is a talent shortage facing the industry.  

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 www.herjavecgroup.com.

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