News Column

Banking on tablets safer than PC

June 11, 2014

Online banking transactions through an Android-operated tablet is safer than a PC or laptop, advised F-Secure chief research officer Mikko Hypponen on the last day of the Gulf Information Security Expo & Conference, or Gisec, at the Dubai World Trade Centre on Wednesday.

Hypponen, who is best known in the industry as the man who led a team that tracked down the authors of the first PC virus, was the keynote speaker on the third day and spoke on the topic "The real world isn't like the online world".

He explained that the probability of infection of a PC or laptop is higher through the simple browsing of the Web. "On the other hand, smartphones and tablets only get infected by downloading 'trojanised' apps," he added.

In identifying some of the well-known malwares and viruses used by criminals such as Gameover Zeus a banking trojan cryptolocker Ransom Trojan and credit card key loggers, he suggested some steps that home and business users can do to counter online criminality.

He stressed that backups are the most important thing. "You also have to make sure that your systems are always up-to-date, and that you have a dependable security software and firewall."

As far as corporates and businesses are concerned, Hypponen explained that theft from corporate accounts cannot be detected immediately. Thus, he strongly recommended that "computers used to move money around must not be the same in doing something else." Hypponen was referring to browsing the web or conducting social media activities.

Another important topic "How much security is enough to identify system weaknesses?" addressed by Wim Remes, chairman of the board of directors of ISC. Remes explained how to measure potential impact and apply strategic approaches to integrate security measures in an ever-evolving infrastructure.

The second edition of the Gisec focused on tackling the most sophisticated cyber threats in 2014, including threat intelligence and analytics, malicious insider attacks, cloud security, and mobile security among others.

Among the key sponsors of the exhibition are BT as strategic sponsor; GBM as diamond sponsor; Spire Solutions and Protection Group International as platinum sponsors; Access Data, Websense International, Fire Eye and F5 Networks as gold sponsors; Research in Motion (Blackberry), CSC Computer Sciences, Guidance Software and Palo Alto Networks as silver sponsors. Meanwhile, Paladion is the sponsor for the IT Security Awards.

For more stories covering the world of technology, please see HispanicBusiness' Tech Channel

Source: Khaleej Times (United Arab Emirates)

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