Category Archive

Industrial cyber security is a highly growing and dynamic area of concern that includes industrial control systems, network security, hardware and  network solutions which are designed for the secured operation of machines and plants. Industries such as transportation, power grid, oil & gas and manufacturing are turning to whole connected systems rather than stand alone, making them more vulnerable to cyber-attacks.  Major … Read More

There were 918 data breaches which compromised 1.9 billion data records in the first six months of 2017, according to Gemalto. That’s an increase of 164 percent compared to 2016. Governments around the world are introducing legislation which will force more companies to disclose data breaches. “Two-thirds of firms breached had their share price negatively impacted. Out of the 65 … Read More

The cost of a data breach for enterprises in North America increased this year, according to a new report from Kaspersky Lab and B2B International, released Tuesday. The total impact of a data breach now amounts to $1.3 million for large companies—up from $1.2 million in 2016, the report found. Breaches cost an average of $117,000 per incident for small- … Read More

Many business leaders learned that their software patch management was behind. Additionally, many were surprised their backups didn’t work as planned, and their incident response planners didn’t have a playbook. There were also constraints that further contributed to the damage: lack of investment, lack of controls, or plain old apathy. The insatiable appetite for better, faster, cheaper, and connectivity is … Read More

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

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.

More than a quarter of data breach incidents in 2016 took at least one month for companies to discover, and one in 10 had gone unnoticed for at least a year. That’s according to the latest report on data breaches from Verizon’s security research division, which analyzed 1,935 breach incidents reported by 65 organizations. The share of breaches that took … Read More

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

“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

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