The digital economy is getting hammered

The digital economy is getting hammered with advanced cyber attacks. As a business executive your awareness of this issue grows daily and cyber security is now weighing on your mind. You are not alone. After interviewing 588 C-suite and Board-level executives, the Lloyds’ 2013 Risk Index reported that Cyber Risk is considered the 3rd highest business […]

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Andrew Borene Appointed to Chair 2015 Cyber Security Summit

The 2014 Cyber Security Summit is less than two months away and will contain more actionable takeaways for attendees than ever before. (View this year’s agenda here.) However, with cyber threats showing no signs of slowing down, plans are already well underway for the 2015 Summit, beginning with today’s announcement of the 2015 Summit Chair: […]

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Russian cyber theft results in more than 1 billion stolen credentials

This week marks yet another historic moment in cyber breaches: Security researchers say Russian hackers have stolen 4.5 billion records, gathered from more 400,000 websites, with 1.2 billion of these credentials appearing to be unique and belonging to over half a billion email addresses. This dwarfs the number of individuals affected by the Target data […]

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Goodwill working with secret service to investigate data breach

Following reports of the well-documented Target data breach in 2013, the need to improve the existing security framework to ensure that customer credit card numbers and other personal data are no longer at risk has been brought up by corporations and media alike. Target Corp. responded to their data breach with a change in CIO and […]

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Survey: Most critical infrastructure businesses had a major security breach in the last year

Unisys Corporation recently sponsored a survey by the Ponemon Institute of 599 security executives of critical infrastructure providers. The top three functions of the respondents were chief information officer, business operations leader and IT security leader. According to the report, the research was conducted “to learn how utility, oil and gas, alternate energy and manufacturing […]

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McAfee Labs threat report dives into key topics of the quarter

McAfee Labs recently released its June 2014 Threats Report. The report outlines key topics and threat statistics and is published every quarter. The report dives into four key cyber security topics of the quarter, which include: Almost 80 percent of the 300 Flappy Bird mobile game clones contained malware. Malware botnets that have virtual currency-mining capabilities. Despite previous […]

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Symantec launches cyber security program to bridge workforce gap

At the 2014 Clinton Global Initiative America meeting yesterday, Symantec announced the launch of Symantec Cyber Career Connection, a program focused on closing the cyber security workforce gap by providing students with virtual mentorships, training, and cyber security internships. Symantec says it will assist program graduates in obtaining jobs through the use of its networks. According […]

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Survey shows organizations confident in their security despite recent breaches

A recent survey shows that many businesses are confident in their ability to detect a data breach, though some experts question whether that confidence is justified. Successful attacks on organizations including Target, eBay and Evernote have demonstrated that even large businesses are not immune to cyber threats. However, the survey, conducted by Atomic Research and […]

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FCC chairman outlines cyber security vision

In remarks delivered earlier today at the American Enterprise Institute in Washington, D.C., FCC Chairman Tom Wheeler outlined his organization’s philosophy on cyber security. Stressing the importance of network security, Wheeler noted that today information networks don’t just support the economy, they essentially are the economy. “As such, information networks aren’t ancillary; they are integral,” he said. […]

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EBay becomes latest site to have user passwords hacked

Earlier today, we learned details of the latest cyber attack to affect a major online retailer when eBay reported that a database containing encrypted passwords and other non-financial data had been compromised. The company is asking its users — all 128 million of them — to change their passwords as a precautionary measure, joining others who […]

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Survey: Companies not prepared for cyber security risks of outsourcing

Post-resession, partnering with third-party vendors and outsourcing tasks that were once handled in-house has become a common cost-saving strategy. Unfortunately, many organizations aren’t prepared to address the information technology and security risks that can emerge from outsourcing, according to a new survey by the Shared Assessments Program and consulting firm Protiviti. The survey, which asked companies […]

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