ENTERPRISES URGED TO ENFORCE PASSWORD POLICIES

photo1

In the wake of World Password Day, professionals are being advised to enforce password policies across all workspaces. Lax attitudes towards password security are making things easier for hackers, who are using more sophisticated technology than ever to guess users’ personal details. Stephen Bowers, Global Practice Director at BSI, suggests using a password manager rather than changing every 30 days.

‘ONE ATTACK EVERY MINUTE’ FOR UK BUSINESSES IN Q1

photo2

Cybersecurity attacks were up by 30 per cent in Q1 of 2020, says a new report. There were 157,000 cyber-attacks says internet service provider Beaming – up from 120,000 in 2019. Experts think there could be a link between the coronavirus crisis and the increase in attacks. Businesses most likely to suffer from attacks included those that relied on IoT applications, as well as company databases and file-sharing systems.   

COVID-19 ACCELERATES NEED FOR SECURITY

photo3

Experts at GlobalData say the need for investment in cybersecurity is stronger than ever, in light of the coronavirus crisis. In particular, data is a key issue. Jonathan Cordwell, Principal Health and Social Care Analyst at GlobalData, says: “ Health Secretary Matt Hancock has been directly involved in relaxing these policies, such as granting Government Communications Headquarters (GCHQ) powers to obtain information from NHS IT systems and issuing orders to healthcare providers to process confidential patient information relating to the coronavirus.”

ONE FIFTH OF US ADMIT TO SHARING PASSWORDS WITH CHILDREN

photo4

Remote working continues to pose a threat as employees across Europe admit to their own bad cybersecurity practices. A survey carried out by OneLogin revealed that 17 per cent of workers share their work device password with their children, while 36 per cent had not changed their WiFi password in over a year. The figures were even worse in the UK, where 50 per cent admitted to this flaw. On the plus side, 70 per cent of UK businesses are using VPNs.   

UK TRANSPORT SECTOR URGENTLY NEEDS A SECURITY CENTRE

photo5

Academics have come together to posit a new ‘Centre of Excellence’ to promote good security practices within the UK transport sector. A study into autonomous vehicles, led by ResiCAV, highlighted key flaws in national road transport. With input from universities, local councils and the National Digital Exploitation Centre, the proposed three-month programme has been supported by government funding including Innovate UK.  

MYCENA ANNOUNCES THE NEW RELEASE OF CREDENTIALS SECURITY AND MANAGEMENT SOLUTION FOR CONTAINERIZED WORKPLACES

mycena_workplaces

MyCena, a credentials management security company, has announced the release of MyCena Desk Center, a solution for containerized environments such as call centers, contact centers and critical departments, which handle a high volume of critical, private and confidential information.

Until now, contained workplaces were facing enormous challenges with credentials theft and fraud. Most workers have to log in to multiple systems for multiple clients. Since no one can remember dozens of strong and unique passwords, everyone was using weak and reused passwords. Passwords were often written down on post-its and easy to steal. For safety reasons, workers typically cannot bring their mobile devices to their desk, so they could not use MyCena Business Fortress, MyCena’s flagship solution that turns mobile devices into credentials fortress.

With the rising costs of fraud, an incident-based remediation and recovery approach was not sufficient anymore. With no other solution in sight, MyCena has been tasked to come up with the equivalent of MyCena Business Fortress for containerized workplaces.

Applying MyCena’s MASS (Method of Access for Structured Stored Data) technology and its three-level security architecture, MyCena Desk Center allows each desk-bound worker to create a digital fortress of credentials inside their contained environment. In line with MyCena’s concept, each person can only access their own credentials fortress, using a combination of PIN, lock pattern, and passphrase. There is no master password to memorize, so no single point of failure.

Some of the key security issues like passwords policies, password sharing, and privileges are controlled and distributed from an easy-to-use manager console. Users no longer need to create, type, see, or remember any password, eliminating the risk of weak and reused passwords. Users can only access their own passwords, reducing the risk of password theft. All passwords are AES-SHA 256 encrypted locally.

Like the other solutions in MyCena’s portfolio, MyCena Desk Center is system-agnostic. It can protect any type of credentials, from systems, websites, applications, devices, networks, with strong independent passwords, reducing IT helpdesk service time related to password resets from an average 50% down to nil.

Using MyCena also reduces a wide array of costs related to deployment, remediation, recovery, litigation. Employees follow an automated process to create their credentials fortress without any new hardware or integration cost.

“MyCena Desk Center comes to fill a huge gap in the credentials management space, providing military-grade security for what has been an enduring problem with exponential and catastrophic consequences if not mitigated”, said Julia O’Toole, Chief Executive Officer of MyCena.

“Our portfolio gains depth and provides a solution for a long-standing issue, helping our global partner ecosystem serve our clients even better, covering areas that could not be secured with our Mobile Fortress solution. If you have mobile workers, we cover you. Now, if you have container environments or desktop-only workers, we cover you too”, said Rodrigo S. Martineli, Chief Revenue Officer of MyCena.

MyCena’s concept was created after a breakthrough trip to the ancient city of Mycenae. After spending decades looking for a solution to her passwords problem in the fields of neuroscience, mathematics, and technology, Julia discovered in the ruins of the city how the Mycenaeans had built three levels of security to protect it. A first gate led inside the city. Once inside, a second gate led to the garrison. Once inside, a third gate led to the king’s palace. She realized the problem with passwords has never been bad memory or forgetfulness. Rather, it has always been a problem of safe storage and speed of access. By creating a digital credentials fortress, MyCena allows everyone to keep their credentials safe, decentralized, and easy to access at the same time.

International House
24 Holborn Viaduct
London EC1A 2BN

Contact: info@mycena.co

About MyCena

MyCena is a credentials management security company. A pioneer in risk decentralization through layered access security, MyCena’s mission is to make our cyberspace safer. MyCena is currently selling in North America, Latin America, and Europe. The company is headquartered in London (UK) with offices in Dallas (USA), Tunis (Tunisia) and Sao Paulo (Brazil). For more information, visit www.mycena.co

Half a million Zoom account holders’ details exposed

photo1

Video conferencing software Zoom has become the latest victim of coronavirus-themed cyber-attacks. The platform, which is used by thousands of businesses and families worldwide, had 530,000 passwords stolen and sold on the Dark Web, as well as meeting URLs and Zoom keys. In an attempt to slow further cyber-attacks, the company has now made passwords for all meetings compulsory.

Facebook quizzes spark social engineering fears

photo2

As the world continues to adjust self-isolation, Facebook users are being warned of falling victim to social engineering techniques. Seemingly innocent quizzes designed to alleviate boredom are asking users questions such as their favourite place and pet names. Cybersecurity experts are warning that users answering these questions could be unwittingly giving away clues to their passwords.  

Firms offered 24-hour cybersecurity hotline

photo3

Security Metrics has opened a free 24-hour hotline for those with cybersecurity concerns. A spokesperson for the firm said: “The COVID-19 pandemic is having an unprecedented impact on businesses around the world. Whether a business has shut down operations for the time being or is attempting to continue work remotely, suffering a cyber-attack right now will only kick business owners while they’re down.” The hotline is reachable to UK residents on +44 20 3014 7831.  

Give us financial relief for cybersecurity, say Democrats

photo4

The House Homeland Security Committee has penned a letter to US Congress asking for emergency relief to deal with cybersecurity concerns. The letter says that “state and local government employees are working hard to continue operations”, but also claims that those working from home are more susceptible to phishing, malware and ransomware attacks. It comes off the back of a report highlighting the security dangers of home devices.