{"id":11795,"date":"2024-07-17T11:50:42","date_gmt":"2024-07-17T09:50:42","guid":{"rendered":"https:\/\/cyberinsights.iainfraser.net\/?p=11795"},"modified":"2024-11-21T14:10:41","modified_gmt":"2024-11-21T13:10:41","slug":"attribution-mitigation-and-liability","status":"publish","type":"post","link":"https:\/\/smecyberinsights.co.uk\/index.php\/2024\/07\/17\/attribution-mitigation-and-liability\/","title":{"rendered":"THREAT INTEL: Oversight in Global Cybersecurity & Cybercrime: Attribution, Liability & Mitigation"},"content":{"rendered":"\t\t
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Gibraltar: Wednesday 17 July\u00a0 2024 at 11:00 CET
\nHelping keep European SMEs CYBERSafe!<\/strong><\/p>\n

THREAT INTEL: Oversight in Global Cybersecurity and Cybercrime: Attribution, Liability, and Mitigation (AML).<\/span><\/span>\u00a0<\/strong><\/p>\n

By Andy Jenkinson \u2013 Guest Contributor |\u00a0 Group CEO\u00a0Cybersec Innovation Partners<\/a>
\nvia CYBERInsights<\/a>
\nFirst for\u00a0SME Cybersecurity News<\/a>
\nGoogle Indexed on 170724 at 12:15 CET<\/a><\/p>\n

#CyberInsights #SMECybersecurityNews #Cybersecurity #WhitethornShield #InternetSecurity #DNS #PKI<\/em><\/p>\n

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From my presentation to the Financial Crime Forum, I discussed a critical issue and oversight in global Cybersecurity and Cybercrime: Attribution, Liability, and Mitigation (AML).<\/span><\/span><\/strong><\/p>\n

Unlike it’s more familiar namesake, Anti-Money Laundering, ALM<\/strong> in Cybersecurity<\/strong> looks at Attribution, Mitigation, and Liability<\/strong>. Money Laundering may also come into the mix.<\/p>\n

This situation is specifically illustrated through a recent harrowing case of a woman who lost her entire savings while purchasing a house and featured on Channel 5 TV. Cybercriminals<\/strong> intercepted email exchanges, altered bank details, and orchestrated a seamless scam, leading to a loss of \u00a3120,000.<\/p>\n

However, whilst the pain is being felt by all involved, none more so than the unfortunate victim, a chilling fact: the mail servers of the supplier, the victim, and even the bank are all compromised. The servers, maintained by a tech giant, harbour insecure and blacklisted IPv4 addresses. The Access and attack could have exploited any or all servers and parties.<\/p>\n

Consequently, the supplier lost a sale, the victim lost her life savings, and the bank now face legal challenges for merely executing a payment request.<\/p>\n

Surely, someone must be liable and someone is to blame? 3rd \ud83e\udd49 party cyber insurance Gerry Kennedy<\/a>.<\/p>\n

This scenario underscores a pervasive issue: the profound lack of competence and understanding in security in the first place closely followed by those investigating such Cybercrimes<\/strong>, namely Attribution, Mitigation, and Liabilit<\/strong>y which are all too often obscured, leaving the true culprits unscathed.<\/p>\n

Instead, symptoms are addressed in a futile game of Digital Whack-a-Mole, with false attributions abounding. Legal outcomes become a game of chance, devoid of real knowledge or facts.<\/p>\n

This recurring scam highlights a dire need for greater understanding, knowledge, and change.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The Cybersecurity<\/strong> industry and the legal sector must develop a deeper understanding of root causes rather than simply treating symptoms. Until we achieve this, costs and losses will continue to trickle down and through the economy with the real perpetrators of Cybercrime<\/strong> continuing to evade culpability and justice whilst leaving millions of victims in their wake.<\/p>\n

It\u2019s time for a paradigm shift. We must equip investigators with the knowledge and tools to trace Cybercrime<\/strong> back to their origin and attribute accordingly.<\/p>\n

Only then can we hold the true culprits accountable and protect future victims from similar fates. We must stop playing Digital Whack-a-Mole and start addressing the real issues at hand – INSECURE SERVERS.<\/p>\n

Cybersec Innovation Partners<\/a>
\nGCHQ<\/a>
\nNational Cyber Security Centre<\/a>
\nFBI Cyber Division<\/a>
\nFederal Bureau of Investigation (FBI)<\/a>
\nCentral Intelligence Agency<\/a>
\nU.S. Department of Homeland Security<\/a>
\nThe Washington Post<\/a>
\nThe New York Times<\/a>
\nBBC News<\/a>
\nITV News<\/a>
\nChannel 5<\/a>
\nCNN<\/a>
\nCNBC<\/a>
\nABC News<\/a>
\nFox News Media<\/a>
\nInternetSecurity<\/a>
\nDNS<\/a> PKI<\/a>,<\/p>\n

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About Andy Jenkinson<\/span><\/strong><\/p>\n

Group CEO CIP. Fellow Cyber Theory Institute. Director Fintech & Cyber Security Alliance (FITCA) working with Governments. Recognised Expert in Internet Asset & DNS Vulnerabilities.<\/span><\/strong><\/p>\n

Andy Jenkinson is a senior and seasoned innovative Executive with over 30 years\u2019 experience as a hands-on lateral thinking CEO, coach, and leader. A \u2018big deal\u2019 business accelerator, and inspirational, lateral thinker, Andy has crafted, created, and been responsible for delivering 100\u2019s \u00a3 millions of projects within the Cyber, Technical, Risk and Compliance markets for some of the world\u2019s largest, leading organisations. Andy has a demonstrable track record of largescale technical delivery and management within many sectors including the Professional, Managed, and Financial Services.<\/p>\n<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Image Credit: rawpixel.com\/Freepik Learn More \/… Learn More \/…<\/p>\n","protected":false},"author":1,"featured_media":11799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"yes","footnotes":""},"categories":[440],"tags":[439],"ppma_author":[415],"class_list":["post-11795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyberthreat-intel","tag-cyberthreat-intel"],"featured_image_urls":{"full":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683.jpg",1000,655,false],"thumbnail":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683-150x150.jpg",150,150,true],"medium":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683-300x197.jpg",300,197,true],"medium_large":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683-768x503.jpg",640,419,true],"large":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683.jpg",640,419,false],"1536x1536":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683.jpg",1000,655,false],"2048x2048":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683.jpg",1000,655,false],"covernews-featured":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683.jpg",1000,655,false],"covernews-medium":["https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/07\/147683-540x340.jpg",540,340,true]},"author_info":{"display_name":"Cybersecurity Journalist Iain Fraser","author_link":false},"category_info":"SME CYBER\/THREAT INTEL<\/a>","tag_info":"SME CYBER\/THREAT INTEL","comment_count":"0","authors":[{"term_id":415,"user_id":0,"is_guest":1,"slug":"cybersecurity-journalist-iain-fraser","display_name":"Cybersecurity Journalist - Iain Fraser","avatar_url":{"url":"https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/10\/index_image440-removebg-preview.png","url2x":"https:\/\/smecyberinsights.co.uk\/wp-content\/uploads\/2024\/10\/index_image440-removebg-preview.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/11795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=11795"}],"version-history":[{"count":14,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/11795\/revisions"}],"predecessor-version":[{"id":11884,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/11795\/revisions\/11884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/media\/11799"}],"wp:attachment":[{"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=11795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=11795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=11795"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/smecyberinsights.co.uk\/index.php\/wp-json\/wp\/v2\/ppma_author?post=11795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}