As a Board member you need to understand enough about cyber security so you can have a fluent conversation with your experts.
Good cyber security is all about managing risks. The process for improving and governing cyber security will be similar to the process you use for other organisational risks. It is a continuous, iterative process.
Over the past decade the costs and consequences of cyberbreaches have grown alarmingly. The total financial and economic losses from the 2017 WannaCry attack, for instance, were estimated to reach $8 billion. In 2018 Marriott discovered that a breach of its Starwood subsidiary’s reservation system had potentially exposed the personal and credit-card information of 500 million guests.
Botnets are groups of malware-infected, Internet-connected devices that perform mundane tasks with precision and speed. They are led by bot masters, aka bot herders, who communicate with a C&C server (a computer that instructs infected devices to carry out attacks and perform other functions) via covert channels, such as Internet Relay Chats (IRCs) and websites.
Each individual connected computer in a botnet is called a zombie because the computer or device owner is generally unaware that their machine is mindlessly performing malicious actions. Botnets can wreak all kinds of havoc—from DDoS attacks to cryptocoin mining, from sending spam to spreading fake news.
As a security consultant for blockchain projects at Orbs, one of the recurring concerns I hear from customers is how to protect the private keys of their hot and cold wallets.
A hardware security module (HSM) is a tradition security solution which manages digital keys and is been used widely in PKI environments and in the financial sector.
At first glance, using of a HSM might be the perfect solution for blockchain-based solutions. The HSM generates key pairs, has secure storage, and can off-load cryptographic operations from the entire system.
Blockchain is a technology that promises to change how data is stored and businesses operate.
It is important to ensure that the blockchain, and the data that it stores, is properly protected.
Store your cryptographic material for blockchain in a Hardware Security Module (HSM).
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Utimaco and CREAPLUS have outlined their cooperation in 2025, which will be marked by new solutions that make it easier for companies to comply with legal requirements in managing cybersecurity and resilience and protecting data.
In Budva, the Association of Security Managers of Montenegro organized the conference "Security without compromise", which addressed the current challenges of regional companies in the field of corporate security.
The Artificial Intelligence for Slovenia AI4SI initiative, which operates within the Association for Informatics and Telecommunications of the Slovenian Chamber of Commerce and Industry, has published an updated "Guide to Deploying Artificial Intelligence in Enterprises".
In an article by journalist Daret Hribersek on the portal of the magazine Finance: ICT informant, Mitja Trampuž, CEO of CREAPLUS, sheds light on the problems with RSA cryptographic key cracking and provides best practices for reducing risks and vulnerabilities in this type of data encryption.
CREAPLUS has strengthened its partnership with Ascertia, a global leader in high trust public key infrastructure and remote qualified digital signature solutions.
