Cybersecurity for Family Offices: Q&A with the director of the Global Family Office Group at Citi Private Bank

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Edward Marshall, director, Global Family Office Group at Citi Private Bank, said, “As seen in recent news, the number of cyberattacks perpetrated against nations, corporations and individuals are increasing at a rapid pace. One of the most pressing issues our clients face now is cybersecurity as Family Offices have more and more become targets of cyberattacks. We hope this white … Read More

Top 5 cybersecurity facts, figures and statistics for 2017

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These top level observations and predictions summarize the cybersecurity industry over the past year and indicate what’s in store for the next five years. Read the full article at CSO Online http://www.csoonline.com/article/3153707/security/top-5-cybersecurity-facts-figures-and-statistics-for-2017.html?ref=yfp What is the cybersecurity plan for your business? Packet Continuum is the foundation for a strong cybersecurity system.

New Reports of Sophisticated and Widespread Cyberattacks

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Recently the Department of Homeland Security’s National Cybersecurity and Communications Integration Center issued a disturbing report disclosing a sophisticated and widespread series of cyberattacks. https://www.us-cert.gov/ncas/alerts/TA17-117A Numerous sectors have been hit, the report says, including “Information Technology, Energy, Healthcare and Public Health, Communications and Critical Manufacturing” since May of 2016 and perhaps even earlier. Our Packet Continuum is a high performance … Read More

Deeper Dive: Be Prepared for Regulatory Investigations in the Wake of a Security Incident

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“Your company had a data security event. After an investigation, it was determined that notifications were required, and the incident was made public as a result. Notification letters were mailed and regulators were notified, all in accordance with the law. Your company also enhanced security measures and took other remedial action, so there is nothing more to do – it’s … Read More

Top 5 Cybersecurity Facts, Figures, and Statistics for 2017

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Cybercrime damage costs to hit $6 trillion annually by 2021 Cybersecurity spending to exceed $1 trillion from 2017 to 2021. Unfilled cybersecurity jobs will reach 1.5 million by 2019 Human attack surface to reach 4 billion people by 2020. Up to 200 billion IoT devices will need securing by 2020. What does it all mean? Last year, Ginni Rometty, IBM’s … Read More

Cybercrime Cost $126 Billion, Affected 689 Million People In 2015

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“The cost of cybercrime reached a whopping $126 billion during 2015 and affected 689 million people in 21 countries, an annual study found. The Norton Cyber Security Insights Report 2016 also found a 10 percent increase in online fraud compared to the year before, based on data from 17 countries where it conducted the survey in both years.” Read the … Read More

4 Cybersecurity Stats That Will Blow You Away

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“The global cybersecurity market could grow from $122.45 billion today to $202.36 billion by 2021, according to a new report from Research and Markets. The firm believes that growth will be driven by an increase of connected objects across the Internet of Things, relaxed BYOD (bring your own device) policies at work, and the need for tighter application security. It … Read More

As Cybercrime Rises, So Does Spending On Cyber Security

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“Cisco points out that, ‘Cybercriminals have refined their back-end infrastructures to carry out attacks in ways that increase efficiency and profits’ and thus every industry, from financial services to entertainment, is vulnerable to such risks. In 2015, cybercrime ranked as the second most reported economic crime. Increasingly frequent and precision-based cyber-attacks call for a stronger fortification against them. “The global … Read More