Latest news for Tier-3

Behavioural analysis security technology helps protect systems against e-banking cybercrime

(29/07/2008)

Research by the University of Michigan - which discovered that 75 per cent of e-banking sites have at least one design flaw that leaves customers exposed to cybercrime - confirms the case for behavioural analysis as a part of business IT security software, says Geoff Sweeney, chief technology officer with Tier-3. "The research, which surveyed some 214 US e-banking sites, is notable as many of the site flaws cannot be fixed by a software patch,... [more]

Cybercrime syndicate used spyware infection-driven frauds to defraud millions from South African government

(16/06/2008)

According to reports from South Africa suggest that a cybercrime syndicate there has defrauded the government of more than 199 million Rand (UKP £12.8 million) in a series of spyware infection-driven frauds. The frauds, which were revealed by the South African Minister for Finance and Economic Development, has resulted in 32 arrests in connection with more than 80 fraud counts. Commenting on the case - thought to be South Africa's largest repo... [more]

PC infections are a lot more prevalent than many corporates realise

(03/06/2008)

A report from the OECD entitled 'Malicious software (malware): a security threat to the Internet economy', reveals a 25 per cent PC infection rate in the US. This confirms the behavioural analysis IT security specialist's own findings as far as infections go. The report goes on to say that although its economic and social impacts may be hard to quantify, malware used directly or indirectly can harm critical information infrastructures, resul... [more]

Hackers disrupt electrical grids and blackmail power outage

(24/01/2008)

A senior CIA analyst has revealed that "cyberattacks have been used to disrupt power equipment in several regions outside the U.S. In at least one case, the disruption caused a power outage affecting multiple cities." He added that the CIA does not know who executed the attacks or why but that all of the attacks involved "intrusions through the Internet." This confirms that hackers are breaking into electrical grids in various cities around th... [more]

Behavioural analysis security software could have prevented IKEA spam incident

(23/01/2008)

Companies need to review their IT security arrangements, if they are to avoid a potentially serious spam incident that affected the email servers of Scandinavian furniture giant IKEA. A security hole gave hackers and phishers a free rein to exploit the company's mail server and made it possible for anyone to create a potent spam service, using the company's international mail server in Sweden as the sender. "Newswire reports suggest that IKEA ... [more]

Toshiba factory chooses Tier-3 Threat Management technology

(26/09/2007)

Tier-3 has announced that a major Toshiba factory has chosen Tier-3’s Threat Management technology, Huntsman, which is capable of managing both known and unknown threats to strengthen its log collection and security management capability. Following its successful expansion into the United Kingdom and Europe, Tier-3, with its Japanese business partner Monet, launched its software known as Huntsman in the Japanese market late in 2006. The Huntsm... [more]

Hacking kits openly for sale on eBay

(24/09/2007)

Hacker toolkits - which were previously confined to specialist hidden forums on the Internet - are now being sold openly on auction sites such as eBay, for as little as $20. Where previously would-be hackers had limited access to the hacker forums and source the kits, the fact that they are now on open sale on eBay is very worrying. The hacker kits are usually sold on eBay as ethical hacker training courses, but the courses also include a weal... [more]

 

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