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The island-state’s four universities namely, National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU) and Singapore University of Technology and Design (SUTD), had reportedly came under attacked from an alleged Iranian hacking syndicate.

Not just Singapore, the whole world is targeted

Apparently, Singapore’s universities formed just one small part of the global ambitions of the alleged Iranian hackers, which were believed to build a hit list of at least 21 countries’ academics institutions.

This infamous global campaign was first uncovered by US Department of Justice which charged nine Iranians reputedly for attempting to hack 144 US and 176 foreign universities back in 23 March 2018.

The statement released by the US Department of Justice did suggest that this group of Iranian hackers had the backing of the state and linked to Iran-based firm named Mabna Institute. The hack in US drawn some similarities with the latest data breach in Singapore as the hackers targeted research papers and data across all disciplines of science and technology, medical, engineering and so on.

According to US Department of Justice, a total of 8,000 professor accounts worldwide were breached by the Iranian hackers, with nearly half or 3,768 accounts belonged to academics from US-based universities. The stolen data were believed to use to benefit the agendas of the Iran’s Revolutionary Guards.

Counter-measures taken by Singapore

In response, Cyber Security Agency (CSA) of Singapore urged the universities’ personnel to change their passwords immediately and run checks on their networks. Upon further investigation, the CSA explained that hack came as a form of phishing attack in asking users to enter in their account credentials.

These personal information were later used to gain unauthorized access in the universities’ library website to download research papers and publications. CSA stated that it will conduct further investigation and claimed that no sensitive information was being extracted through the incident.

Verdict

The HackwareNews team understands that the phishing attack is hard to prevent and often it will take collective efforts for all stakeholders of organization to act together.

On the personnel level, the user can practice vigilance on emails and not opening unfamiliar links and attachments. Moreover, the user is also advised not to post any personal data like address, phone number, birthday and holiday plans via social media which can be used against them to the hackers’ advantages. Individual user can also check the spellings of URL and adopting best practices in identifying the phishing attacks.

On the organization front, the company or institution can engage the services of pen-testing firms to identify vulnerability in information system and use the findings to create awareness and rectify them.

The post University: The Next Battleground for hackers? appeared first on Hack Ware News.

The pioneer programme will commence with the support from Singapore’s very own Info-communications Media Development Authority (IMDA) and the Cyber Security Agency (CSA) with aims to accelerate start-ups in cybersecurity sectors.

Under the programme, the cybersecurity entrepreneurs have access to a three month stint at a start-up hub, named Innovation Cybersecurity Ecosystem at Block 71 (ICE71). In that hub, the hopefuls will learn pre-accelerator boot camp, accelerator training programme and landing pad for start-ups with Europe-based cybersecurity accelerator Cylon.

“Government support for cyber security is critical to grow Singapore’s regional expertise and cyber security startups like Horangi will benefit from these programs,” said Paul Hadjy, CEO at Horangi Cyber Security (Horangi).

Hadjy told Hackwarenews team that the state top-down approach is essential in supporting the embryonic state of cybersecurity development in Singapore.

In his opinion, the barrier for growth in the cybersecurity security often pointed down to the shortage of talents in the field. Thus, the accelerator programme will allow the startups to gain access to funding as well as the right mentorship to groom talents and expertise.

Besides the lack of talents, Hadjy highlighted that many Southeast-Asia based firms have downplayed the values of cyber security in their overall corporate strategy.

“Many ASEAN companies view cyber security as an IT task and not an overarching business risk,” opined Hadjy.

This oversight causes many decision-makers to set ineffective budget targets for cyber security spending, which in turn leads to myopic, ineffective spending. However, he noted that corporate companies are gradually changing their mindset on the importance of cyber-security.

“Today, organizations in Singapore and other regions are shifting towards a more holistic view of cyber security; where it has become a pressing concern that affects business processes across all enterprises.” concluded Hadjy.

Going forward, he believed that enterprises should engage a third party cyber security company in helping them to analyse their profile and identify system vulnerabilities. Then, the outcome of the analysis can be used to formulate plan to protect key data and assets from breaches.

The post Horangi praises Singapore’s initiative on new cybersecurity accelerator programme appeared first on Hack Ware News.