Amazon and Apple have made headlines in recent weeks as both companies have attempted to alleviate concerns regarding their mobile cyber security practices. While the technology titans have been the biggest brands to publicly undergo such analysis, it appears many other companies are following suit, according to multiple recently released reports. The global anti-malware industry is projected to reach 5.7 billion by 2020, with smartphone attacks being the leading cause for increased market share, according to Research and Markets. Mobile malware is increasingly becoming a problem as more and more users become increasingly comfortable with downloading mobile apps and doing ...

Seventy-five percent of cyber security professionals expect to be victims of a cyber attack in 2016, according to a recent study released by ISACA and the RSA Conference that highlighted a startling level of concern regarding organizational cyber security, given that respondents were the very people entrusted to protect and enforce their systems. There were many worrisome figures to come out of the report. Of the 461 respondents, 30 percent said they experience daily phishing attacks, while only 40 percent believe their organizations can handle anything beyond a basic incident. Additionally, only 14 percent of information security chiefs report directly ...

As automobiles become increasingly “smart,” connected to the Internet, and synced with Bluetooth, GPS and automated locking, the need to protect drivers from cyber attacks to their vehicles is expected to increase as well, according to a recent report published by Research and Markets. The connected car market is expected to hit $42 billion by 2018 with revenues expected to increase 400 percent between 2015-2020, according to GSMA, which represents the interests of mobile operators worldwide. With the larger market size will come added demand for protection, as the global market from automobile cyber security is also expected to rise at an annual rate ...

“There are only two types of companies: Those that know they’ve been hacked and those that don’t.” That quote came from the same man who updated the President in daily terrorism briefings between 2011 and 2014. Addressing the 2015 Cyber Security Summit last fall, former National Counterterrorism Center Director Matthew Olsen reviewed a chilling litany of cyberterrorist attacks on America’s largest corporations and the federal government. Risks on the cyber landscape are burgeoning, he said, confronting American entities with ever-changing waves of digital assaults on key data assets and critical infrastructure. Many stealthy invasions are especially damaging because they operate unrecognized. “From ...

The global cyber security market is expected to grow more than 12 percent annually through 2020, according to a newly released report. While that number is slower than previously projected, vulnerable wireless networks and increased mobile Internet usage continues to create need for increased security measures that provide revenue to the industry. Additionally, the report noted that some cyber security segments are expected to grow faster than the industry as a whole. Of note, the global managed security services market has a projected annual growth rate of 15.8 percent by the end of the decade. Such a growth rate would ...

The National Cyber Security Alliance (NCSA) says it plans to expand educational programming conveying the importance of multi-tiered verification in cyber security, including expansion of the STOP. THINK. CONNECT. campaign. The announcement comes following a comprehensive plan announced by the White House aimed at enhancing cyber security. Dubbed the Cyberscurity National Action Plan (CNAP), President Obama’s proposed budget invests more than $19 billion for cyber security in 2017, including a $3.1 billion Information Technology Modernization Fund, and $62 million in cyber security personnel. "The National Cyber Security Alliance applauds President Obama's dedication to the importance of cyber security awareness and education ...

The Minnesota National Guard has been selected to receive a new cyber protection unit by the end of 2019, according to a recent announcement by the United States National Guard. The selection comes on the heels of a National Guard Cyber Defense Plan aimed at increasing the number of cyber security units nationwide by the end of the decade. The Minnesota National Guard was one of 13 statewide units chosen to receive the additional support, joining Alabama, Arkansas, Colorado, Illinois, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, New Jersey, New York, North Dakota, South Dakota, Tennessee, Texas, Utah, and Wisconsin. The new ...

A computer security specialist from the National Institute of Standards and Technology (NIST) recently addressed a gathering of small and mid-sized business people at the 2015 Cyber Security Summit in Minneapolis. The speaker, Patricia Toth, told her audience that small businesses are vulnerable and are increasingly the target of malicious attacks from cyber hackers. In 2013, 31 percent of cyberattacks targeted businesses with fewer than 250 employees, Toth reported. Businesses with few security resources and limited access to knowledgeable personnel are especially at risk. A serious episode launched by a cyber adversary can set a company at odds with customers, sometimes forcing the business to close. Toth listed ...

Cyberattacks have rocked American industry, U.S. government agencies, academic institutions and others causing disruptions of service, sensitive information leaks and theft of trade secrets and military defense documents. News reports detail accounts of breaches at major companies and even the federal government, resulting in the loss of customers’ private information. Any industry engaged in digital communication and services is potentially vulnerable, and that list includes Wall Street firms, U.S. banks, health care and insurance organizations, and major retailers, among others. On the macro level, the entire U. S. economy potentially could be involved. At last fall's Cyber Security Summit in Minneapolis, an ...