Archive: October 2018

1
Sony Smart TV’s ….clearly not smart enough, or secure!
2
Move over Mirai – Torii is tipped to be the new botnet boss
3
Tesco Bank fined £16.4 million for failing to protect account holders against an avoidable cyber-attack in 2016

Sony Smart TV’s ….clearly not smart enough, or secure!

By Cameron Abbott and Jessica McIntosh

Security researchers at Fortinet have found flaws in eight Sony Bravia Smart TV models and consequently have got us all thinking…… just how vulnerable does having a smart TV make us?

According to Fortinet the flaws found can facilitate complete ‘remote code execution with root privilege’, in other words – those with a Sony Smart TV are left totally exposed to an attack!

Read More

Move over Mirai – Torii is tipped to be the new botnet boss

By Cameron Abbott and Jessica McIntosh

It’s been hailed a true example of the evolution of IoT malware with researchers from security vendor Avast last week explaining in detail just how persistent and powerful this “new” strain of botnet can be. According to Avast, Torii is a “level of sophistication above anything they have seen before”.

For us, it’s newly found cutting-edge techniques and features mean it is a threat to EVERY type of computer and device…it’s a threat to all of us.

Read More

Tesco Bank fined £16.4 million for failing to protect account holders against an avoidable cyber-attack in 2016

By Cameron Abbott and Colette Légeret

The UK’s banking watchdog, the Financial Conduct Authority (FCA), has fined Tesco Bank, the banking arm of UK supermarket chain Tesco, £16.4 million (approximately AU$29.5 million) for failing to exercise due skill, care and diligence in protecting its personal current account holders against a cyber-attack that occurred in 2016.

This cyber-attack affected thousands of account holders and netted the cyber-criminals £2.26 million (approximately AU$4.07 million) in 48 hours. It was described, at the time, as an unprecedented assault against a UK regulated bank.

Read More

Copyright © 2018, K&L Gates LLP. All Rights Reserved.