Happy Monday! Just a reminder, our CEO, Richard Astle, is a finalist in the Cox Business News 2019 Get Started Rhode Island event on October 2nd, 2019. This event is a “shark tank” type of competition between startup business leaders to pitch their ideas in front of an audience and a panel of judges. NeQter Labs would love your support at the event, and it’s free to attend! If you want to support us, click the link here to register!
In today’s cyber news, a couple in California was just charged with stealing intellectual property from Nationwide Children’s Hospital, in order to open their own company in China. The couple, whose names are Yu Zhou and Li Chen, used Nationwide Children’s Hospital’s resources and equipment to do research for their own business and financial gain. The two worked for many years in research labs at the Nationwide Children’s Hospital’s Research Institute, where they posed an inside threat by stealing the institute’s intellectual property. This goes to show just how important monitoring employee activity is. It’s important that employees are not able to, for example, use their own USB drives to pull information from systems, and emails and workstations should constantly be monitored to keep an eye on where information is going and who it is going to.
In other news, an ex-hacker who was just released from jail, Kyle Milliken, stated some cyber tips for the public in a recent interview. He said, “the reuse of login credentials, in my opinion, is the greatest security flaw that we have today.” The tips he gave are simple, but so extremely important. He suggested using a password manager to generate & store strong passwords for all the accounts you own, as well as turning on multi-factor authentication when possible. Milliken discussed the method he used to hack, and said that he would hijack Yahoo session cookies to obtain user accounts. At the end of his hacking “career,” he had obtained 168 million login credentials. Milliken, after being released from jail, has stated that he wants to become a white-hat hacker, and “leave the dark days behind.”
That’s all for today! Thank you for tuning in to this week’s segment of “Mondays With Miranda!” Keep up to date with current news by following NeQter Labs on Twitter, Facebook, and LinkedIn. We love comments and questions, so drop me an email [email protected]. Enjoy your week!