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Companies Could Face $22 Million Fine If They Fail to Protect Against Hackers

Companies Could Face $22 Million Fine If They Fail to Protect Against Hackers

Aug 09, 2017
Over the past few years, massive data breaches have become more frequent and so common that pretty much every week we heard about some organisation being hacked or hacker dumping tens of millions of users records. But even after this wide range of data breach incidents, many organisations fail to grasp the importance of data protection, leaving its users' sensitive data vulnerable to hackers and cyber criminals. Not now! At least for organisations in Britain, as the UK government has committed to updating and strengthening its data protection laws through a new Data Protection Bill. The British government has warned businesses that if they fail to take measures to protect themselves adequately from cyber attacks, they could face fines of up to £17 Million (more than $22 Million), or 4% of their global turnover—whichever amount is higher. However, the financial penalties would be a last resort, and will not be applied to those organisations taking proper security measures...
Microsoft Issues Security Patches for 25 Critical Vulnerabilities

Microsoft Issues Security Patches for 25 Critical Vulnerabilities

Aug 08, 2017
Here we go again… As part of its August Patch Tuesday, Microsoft has today released a large batch of 48 security updates for all supported versions Windows systems and other products. The latest security update addresses a range of vulnerabilities including 25 critical, 21 important and 2 moderate in severity. These vulnerabilities impact various versions of Microsoft's Windows operating systems, Internet Explorer, Microsoft Edge, Microsoft SharePoint, the Windows Subsystem for Linux, Adobe Flash Player, Windows Hyper-V and Microsoft SQL Server. CVE-2017-8620: Windows Search Remote Code Execution Vulnerability The most interesting and critical vulnerability of this month is Windows Search Remote Code Execution Vulnerability (CVE-2017-8620), affects all versions of Windows 7 and Windows 10, which could be used as a wormable attack like the one used in WannaCry ransomware , as it utilises the SMBv1 connection. An attacker could remotely exploit the vulnerability thro...
Game of Thrones (Season 7) Episode 5 Script Leaked — Hacker Demands Millions in Ransom

Game of Thrones (Season 7) Episode 5 Script Leaked — Hacker Demands Millions in Ransom

Aug 08, 2017
The hacking group that recently hacked HBO has just dropped its second trove of documents, including a month emails of one of the company's executives, and a detailed script of the upcoming fifth episode of "Game of Thrones" Season 7, set to be aired on August 13. The latest release is the second leak from the hackers who claimed to have obtained around 1.5 terabytes of information from HBO, following the release of upcoming episodes of "Ballers" and "Room 104," and a script of the fourth episode of "Game of Thrones." With the release of another half-gigabyte sample of its stolen HBO data, the hacking group has finally demanded a ransom worth millions of dollars from the entertainment giant in order to prevent further leaks. The latest HBO data dump includes company's several internal documents, including emails, employment agreements, financial balance sheets, and marketing-strategy PDFs, along with the script of the yet-to-ai...
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Master SaaS AI Risk: Your Complete Governance Playbook

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Malicious PyPI Packages Are Everywhere — A Practical Guide to Defending the Python Supply Chain

Jul 24, 2025
Python supply chain attacks are surging in 2025. Join our webinar to learn how to secure your code, dependencies, and runtime with modern tools and strategies.
Hotspot Shield VPN Accused of Spying On Its Users' Web Traffic

Hotspot Shield VPN Accused of Spying On Its Users' Web Traffic

Aug 08, 2017
" Privacy " is a bit of an Internet buzzword nowadays as the business model of the Internet has now shifted towards data collection. Although Virtual Private Network (VPN) is one of the best solutions to protect your privacy and data on the Internet, you should be more vigilant while choosing a VPN service which actually respects your privacy. If you are using popular free virtual private networking service Hotspot Shield , your data could be at a significant risk. A privacy advocacy group has filed a complaint with the Federal Trade Commission (FTC) against virtual private networking provider Hotspot Shield for reportedly violating its own privacy policy of "complete anonymity" promised to its users. The 14-page-long complaint filed Monday morning by the Centre for Democracy and Technology (CDT), a US non-profit advocacy group for digital rights, accused Hotspot Shield of allegedly tracking, intercepting and collecting its customers' data. Develo...
Critical Flaws Found in Solar Panels Could Shut Down Power Grids

Critical Flaws Found in Solar Panels Could Shut Down Power Grids

Aug 08, 2017
A Dutch security researcher has uncovered a slew of security vulnerabilities in an essential component of solar panels which could be exploited to cause widespread outages in European power grids. Willem Westerhof, a cybersecurity researcher at Dutch security firm ITsec, discovered 21 security vulnerabilities in the Internet-connected inverters – an essential component of solar panel that turns direct current (DC) into alternating current (AC). According to Westerhof, the vulnerabilities leave thousands of Internet-connected power inverters installed across Europe vulnerable. Westerhof demonstrates that it is possible for hackers to gain control of a large number of inverters and switch them OFF simultaneously, causing an imbalance in the power grid that could result in power outages in different parts of Europe. The vulnerabilities affect solar panel electricity systems, also known as photovoltaics (PV), made by German solar equipment company SMA, which if exploited in mass...
Marcus Hutchins (MalwareTech) Gets $30,000 Bail, But Can't Leave United States

Marcus Hutchins (MalwareTech) Gets $30,000 Bail, But Can't Leave United States

Aug 05, 2017
Marcus Hutchins, the malware analyst who helped stop global Wannacry menace , has reportedly pleaded not guilty to charges of creating and distributing the infamous Kronos banking malware and is set to release on $30,000 bail on Monday. Hutchins, the 23-year-old who operates under the alias MalwareTech on Twitter, stormed to fame and hailed as a hero over two months ago when he stopped a global epidemic of the WannaCry ransomware attack by finding a kill switch in the malware code. MalwareTech Arrested After Attending Def Con Event Hutchins was recently arrested at the McCarran International Airport before he could board his flight back to the U.K. after attending Def Con event for his alleged role in creating and distributing the Kronos Banking Trojan between 2014-2015. Kronos is a Banking Trojan designed to steal banking credentials and personal information from victims' computers, which was sold for $7,000 on Russian online forums. MalwareTech to Pay $30,000 for ...
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