10Fold- Security Never Sleeps- 177

More than half of major malware attack’s victims are industrial targets

“Petya intended effects examined”

Kaspersky Labs has released a new report with some grand insights in the Petya malware attack. First appearing as a widespread ransomware attack, it became clear later into the ordeal that the spread was more intended for destruction rather than financial gain. Kaspersky reported specifically that financial sectors were the most affected, as well as manufacturing or oil mechanisms.

Hacking Factory Robot Arms for Sabotage, Fun & Profit

“Could open a new world of ‘Subtle Blackmail'”

Black Hat talk will discuss how cybercriminals could manipulate robotic arms and create defects in vital products. Security researchers have been accumulating cache’s of big discoveries about IIoT vulnerabilities, and Black Hat is planning on continuing their release to raise awareness of critical flaws in infrastructure, power grids, and gas pipeline controls.

General Data Protection Regulation (GDPR) requirements, deadlines and facts

“EU legislation lowdown” 

GDPR is a regulation that requires businesses to protect the personal data and privacy of EU citizens for transactions that occur within EU member states, and non-compliance could cost companies dearly. This article details what every company that does business in Europe needs to know about GDPR.

Online fraud costs public billions but is still not a police priority, says watchdog

“Policing institutions not enforcing rules effectively”

The National Audit Office has claimed that various policing and regulatory agencies were insufficiently addressing the issue of online fraud. The NAO says that for most police forces the incidents are: “not yet a priority” and the problem had been overlooked by government, law enforcement and industry.