Patch Tuesday arrived with a whirlwind of CVE’s, public disclosures and Zero Day exploits. Microsoft alone has resolved 76 unique vulnerabilities across 14 total updates. As many as 11 of the 14 updates are rated as Critical and 3 are rated as Important. There is one Zero Day this month and three Public Disclosures.
Read on for CVE's of particular interest to us this month.
I started out my professional career on a manufacturing scholarship in a FTSE 100 tobacco firm in the early 1990s. Gallaher was a leader in a wave of innovation which ultimately saw the automation of cigarette production. The process replaced floors where thousands (or tens of thousands) of workers manually rolled cigarettes, with a mechanised world where machines humming in the background spat out a thousand cigarettes a minute.
While some sit back and enjoy the last weeks of summer vacation, the team here at Options is actively on top of Desktop & Server security. Yesterday’s Patch Tuesday release by Microsoft brought us 48 fresh security risks and updates to peruse, notably for Windows and Internet Explorer.
As WannaCry and Petya ransomware attacks made headlines, May and June saw Microsoft and other vendors release a flurry of critical security patches. July may have cooled off a little in terms of active attacks but, as any cybersecurity team will know, someone somewhere is poking around those vendor bug lists in search of the next vulnerability to exploit.
This is no time for complacency.
Last week the Options team took to Las Vegas for the annual SALT conference to sponsor and provide onsite IT support at the hedge fund industry’s largest get together.
From enhanced cybersecurity measures to operational growth, 2016 proved to be another year of phenomenal success for Options. We have released our 2016 ‘year in numbers’ infographic to highlight a year that saw more high profile client acquisitions, new partnerships and a host of advanced security technologies deployed to safeguard our platform against cyber threats.
We spent last week at FIA Chicago meeting with customers to talk about the latest enhancements across our solutions portfolio. As always, it's an opportunity to catch up with old friends in the industry but also, from a personal perspective, a great reminder of what sets Options apart in our clients' minds.
Back in the early 80s, the BBC Micro had only just emerged on the market and computer games were in their infancy. They were a novelty in which I had a passing interest, but it wasn't until my late teens with the advent of the PlayStation and games like WipeOut that my interest was piqued.
As cyber-attacks continue to challenge the financial industry, security remains the top priority for financial services in an ever-evolving landscape of threats. Last month, Options - a leading provider of financial technology managed services, IT infrastructure, and cybersecurity - sponsored the SALT Conference, which featured cybersecurity and regulation high on the agenda throughout the week.
The financial services sector has trended steadily towards outsourced IT and managed services in the almost eight years since the financial crisis. Aggressive cost cutting and restructuring is now seen as crucial means by which to drive profits, and managed IT providers are playing a critical role.
Increasingly, firms that traditionally managed their infrastructure internally have looked to migrate to outsourced platforms.