Cloud-based security provider LogMeIn has announced the appointment of Michael Oberlaender at its new chief information security officer (CISO). Oberlaender has been given responsibility for managing and growing the firm’s security program, both for internal systems and its portfolio of software products. This covers areas such as infrastructure, applications and overall data security. In this role, he will lead a global security team encompassing IT security, security operations, assurance, engagement, governance, risk management, compliance and…

Over 20TB of sensitive customer data has been accidentally leaked online by a popular online trading broker, after it misconfigured a cloud database. Researchers at reviews site WizCase spotted the Elasticsearch server left wide open without any encryption or password protection. They quickly traced it back to FBS, one of the world’s busiest online brokers for foreign exchange (forex) trading, which boasts as many as 16 million global traders. According to the report, the database contained…

Cybersecurity researchers discovered a new malware making rounds online via fake software sites that targeted popular service providers like Facebook, Google, Instagram, Amazon, and Apple. The undocumented malware, dubbed CopperStealer, is a specially crafted credentials and cookies stealer with a downloader that installs additional malicious payloads on targeted browsers. Possible Links to Chinese Hackers According to an investigation from ProofPoint, CopperStealer operates similar to SilentFade malware, which is linked to Chinese hackers that targeted Facebook’s…

If you’re a small business owner, cyber security might seem impossibly complicated and filled with endless pitfalls. There’s indeed a lot at stake – with ineffective security measures potentially threatening your productivity, your bank accounts, and your employees’ and third parties’ personal data. But fortunately, the path to effective security needn’t be difficult. In this blog, we explain you need to know about cyber security for small businesses. Why cyber security presents unique risks for…