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Articles by Jeremy Hendy
The evolving cyber threat landscape in 2022 and how fintechs can mitigate risk
At the end of 2021, it was estimated that cyberattacks cost the global economy a staggering $6 trillion. Cybersecurity Ventures estimate it could escalate to $10.5 trillion by 2025. How can financial firms mitigate the risk of cybercrime? Companies that operate in the financial services/fintech arena are, of course, top industry targets for cybercriminals. The industry has for many years been a lucrative target for hackers – both for money and access to mass customer data.
Guarding Against Digital Risks in a Post-COVID World
A year on from the lockdown, it is apparent many things will never be the same again. One report has estimated that within a few months, the crisis had accelerated the digitisation of customer, supply chain and internal operations by three to four years. Whilst temporary measures were brought in to meet these new demands, many changes will be long lasting.
Comment from Skurio on Air India Breach
Comment from Skurio on Air India Breach May 2021 by Jeremy Hendy, CEO at Skurio Following the news around the Air India data breach – Jeremy Hendy, CEO at Skurio offers the following comment: “Supply chain compromise and third-party breaches are difficult to deal with. Without monitoring customer data leaks outside their own network, businesses are reliant on partners to report breaches.
Why Cybersecurity Outsourcing Continues to Grow
After a bumper crop of cyber incidents last year, 2021 is seeing more small businesses turn to outsourced providers for security services than ever. 2020 saw a 20% growth in hacking attempts faced by U.K. businesses, made worse by an increase in attack complexity. Microsoft recently reported how multi-stage credential phishing and ransomware methods became the most popular attack technique in 2020. Businesses must take action, but a global shortage of cybersecurity resources means tough choices.
Skurio comment on Irish Healthcare ransom attack
Following the news of an Irish Healthcare ransom attack, Skurio CEO Jeremy Hendy comments the following: “The growth in ransomware is a definite concern and there is a growing trend for ransomware groups to go beyond the traditional model of encryption, to exfiltrate data and sell it regardless of whether a ransom has been paid or not. Healthcare organisations have complex digital ecosystems, with sensitive patient and staff data flowing through thousands of different technologies.
Defeating typosquatters: Staying ahead of phishing and digital fraud
It has become a mantra for businesses targeted by hackers to describe the incident as a “sophisticated cyber-attack”. Although true in some instances, the reality is that most cyber-attacks involve the use of easily preventable tactics including phishing, business email compromise, social engineering, and out-of-date software. Email phishing scams typically rely on diverting unsuspecting people to sites that look legitimate.
Strong Defences Are Not Enough – Why Lawyers Need a New Way to Think about Cybersecurity
How can law firms protect sensitive client information, now the changing nature of technology means data is no longer under their control? Jeremy Hendy, CEO of Skurio, explains why the profession needs a new, holistic approach to digital risk. If you’ve been following legal news lately, you’ll know that a growing number of law firms are falling victim to cybersecurity attacks.
Skurio comment on Clubhouse data leak/scraping
Following the news of Clubhouse data being leaked to an online hacking forum, Jeremy Hendy CEO of Skurio comments the following: “APIs (application programming interfaces) can be used to extract data en masse unless security controls are applied to prevent unauthorised access. These interfaces should always be created in line with the company’s data privacy policy and data protection regulations that apply to them. Users agree to an application’s privacy terms by signing up for the service.
CEO On Experian Investigating If Involved In Brazilian Data Leak
Following the news that Experian is investigating whether they were involved in the Brazil data breach, the CEO commented below. Experts Comments
Comment on fraudulent COVID domains
Following the recent news that fraudulent, fake domains have been created imposing pharmaceutical companies who are offering COVID-19 treatments, Skurio CEO Jeremy Hendy gives the following comment: Cybercriminals are opportunistic in nature and it is no surprise they are using the COVID-19 pandemic to their advantage. Any time there is a popular event it is inevitable that scammers will be circling looking to capitalise.
Skurio Comment: Hacker selling CEO emails on Dark Web
Following the news regarding a hacker selling C-Level executives’ emails and password combinations on the Dark Web, Jeremy Hendy CEO at Skurio, offers the comment: “Cybercriminals find high-value transactions almost irresistible, and CEO’s make an ideal target. Business email compromise (BEC) is a straightforward way to execute a payment diversion scam – businesses that do not monitor for leaks of compromised data outside their network would suspect nothing.
Comment from Skurio: Hackers trick GoDaddy employees into helping cyberattacks
Following the news that hackers tricked GoDaddy employees into handing ownership or control of multiple cryptocurrency services’ web domains, Jeremy Hendy, CEO at Skurio offers the following comment:. “Social engineering continues to be a significant risk – with GoDaddy staff apparently falling for similar tactics that were used to compromise many high-profile Twitter accounts in July.
Skurio comment on NCSC report on celebrity-backed investment scams
Following the NCSC announcement that in just four months, it has removed over 300,000 URLs linking to investment scams with fake celebrity endorsements – Jeremy Hendy, CEO at Skurio offers the following comment: “Consumer facing businesses have a duty to understand if their customers are being targeted by typo squatters by email or by fake posts. There are steps any company can take to understand if their brand is being impersonated.
Comment on University of York data breach
Following the news around the University of York disclosing a data breach caused by a third party supplier, American firm Blackbaud – Jeremy Hendy, CEO at Skurio comment: “Breaches often happen through a security failure at a supply chain partner, three or four levels removed from your own organisation. Universities have complex digital ecosystems, with student and staff data potentially flowing through thousands of different technologies – many of which may not be visible.
Comment from Skurio: Microsoft confirms takedown of phishing domains
Following the release of the Microsoft blog post announcing it had been approved to take control of malicious web domains which were used to send phishing messages regarding COVID-19, Jeremy Hendy, CEO at digital risk protection firm Skurio offers the following comment: “Software vendors have a responsibility for monitoring for typo squatting, attack planning and other scams that put their customers at risk.
3 ways coronavirus could increase your digital risk
Businesses the world over are considering the best steps to take in preparation for the widespread COVID-19 infection and many are feeling its impact already. Your response will very much depend on the type of organisation you work for. For businesses involved in manufacture and retail, thinking the unthinkable – a complete shutdown – is a real possibility. For the health and social care sector, where closing-up shop simply isn’t an option, prioritisation of resources and services is key.
5 cybersecurity predictions for 2020
Given what’s happened in 2019 – the What’sApp hack, the Fortnite breach, iPhone surveillance, Toyota’s data breach and more – you might not be looking forward to 2020. Breaches will be bigger, hackers will be smarter, and security teams and budgets will continue to struggle to keep pace. Despite the ever-increasing number of online threats and breaches, there are steps you can take to defend your data against attackers.
Plugging Third Party Data Leaks
Organizations are now connected to more third parties than ever before. Not only does the average organization have hundreds or even thousands of third-party connections, but each of these will have its own complex web of suppliers. This means that an organization can easily find itself exposed to a security threat due to a vulnerability in a company four or five layers removed along the supply chain. A recent example is the compromise suffered by Korean biometric specialist Suprema.
How to make your CEO listen: CISOs share strategies
President Truman had a sign on his Oval Office desk that read: "The buck stops here." The same is all too true for CEOs when it comes to digital risk fall out. Richard Smith, the former Equifax CEO who was forced to resign after a data breach affected 143 million customers, would no doubt agree. But, if the buck stops at the very highest level, what is the optimal chain of command? This was keenly debated at a recent CISO event, hosted by SC Media UK and Skurio.
Digital Risk in the third degree
There is a growing awareness of a new frontier in cyber-security. It’s no longer the corporate firewall – most people accept that the days of the ‘castle and moat’ defence are long gone - but the data itself. To succeed in this new battle, we must deploy new tactics and strategies.
Digital Risk - time to get serious
With nine-figure GDPR fines issued to BA and Marriott, taking cyber-security seriously is now a must for business and public sector organisations alike. Defending the organisation against hacks, leaks and the simple human errors at the heart of many breaches has never been more critical. Especially in an age where vulnerability publicity goes viral.
Why boardrooms need to worry about Digital Risk
As IT and security practitioners, we tend to work in logical, finite terms. We measure our corporate landscape in endpoints and applications, terabytes of data, number of employees and more. We adopt new technologies like artificial intelligence to try to bring order to unpredictability. Business risk is much more subjective, however. Where risk intersects our IT world, it creates a fuzzy, unsatisfactory landscape that is difficult to define and harder to manage. And this landscape is expanding.
There must be 50 ways to lose your data
Paul Simon sang, "there must be 50 ways to leave your lover," highlighting the number of ways the same result can come about. There are always more ways than you might think... and its now true for data leaks. by Jeremy Hendy To access this content please sign in or register below for free SIGN IN Email address Password Stay signed in for 30 days Forgotten password? Having trouble signing in?
Envelope tracking makes CMOS PAs possible in 4G smartphones
Figure 4 - CMOS PA (left) connected to Nujira Coolteq.L ET modulator (right) In recent years, CMOS power amplifiers (PAs) have made significant inroads into the cost-sensitive GSM GPRS and 3G markets. While this has taken some market share away from traditional GaAs PAs, the fact remains that when it comes to high-end 3G and LTE applications, CMOS PAs continue to be limited in their performance and GaAs continues to dominate in these applications.
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