Archive for: April 2015

The Leading Causes of Data Losses? You’ll Be Shocked To Know!

Business today heavily relies on communications technology aka the Internet. But despite our fast connection speeds and one-second communication features, data losses are still probable. According to the technology industry, web application attacks, point-of-sale intrusions, cyber-espionage and “crimeware” have become the leading causes of data breaches everywhere.

Verizon Enterprise Solutions and 70 other organisations had investigated 80,000 security incidents in their own backdoors and confirmed 2,000 to have occurred in 61 countries.

The report, called the 2015 Data Breach Investigations analyses security incidents. Named in the report were five industries frequently encountering breaches including public administration, financial services, manufacturing, accommodations and retail.

Plenty of compromises, similar to the Sony Pictures incidents, were caused by human error and recklessness. Employees would sometimes open infected email attachments, click malicious links or input credentials on rogue websites. While antivirus and cybersecurity experts have warned personnel repeatedly about opening links and programs from emails and unknown sources, the number of antivirus incidents from the year 2000 continued to repeat.

Verizon’s study indicates that hackers use web application attacks and denial of service attacks. Criminals on the other hand use crimeware and web application attacks.

Iran Nuclear Talks Close to Closing

As Foreign Ministers gather in Lausanne finally about to close in on a joint statement on a partial agreement on Iran’s nuclear programme restrictions, Saudi Arabia fears the presence of Iran and continues to condemn Western efforts to lift the country’s sanctions.

A primary declaration will have texts that outline what has been agreed and what has not been. Meanwhile, it is unclear whether the documents follow a political framework, which was the goal of the seven foreign ministers.

The West will limit Iran’s nuclear programme permanently in exchange for lifting several of Iran’s blockades from international trade. The blockades had significantly altered Iran’s economy for the longest time.

Journalists and observers speculate that Iran’s future capacity to enrich uranium would be affected by the agreement.

Negotiators would have until the end of June once all parties approve teh political framework. A detailed agreement with technical annexes would be published shortly.

Sergey Lavrov, the Russian Foreign Minister, said it was greatly possible for Iran’s blockades to be lifted, however, only if no one ascertained balance and pushed a few extras.

“As long as none of the participants in the negotiations tries to raise the stakes to get something extra instead of maintaining a balance of interests”.