Category Archive

“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

“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

“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

The Verizon RISK Team performs cyber investigations for hundreds of commercial enterprises and government agencies annually across the globe. In 2015, they investigated more than 500 Cybersecurity incidents. They shared some of the details in a recent report of how they solved the cyber crimes. View the PDF report here: http://www.verizonenterprise.com/resources/reports/rp_data-breach-digest_xg_en.pdf

According to the report, “An astounding 76 percent of responding organizations were affected by a successful cyberattack in 2015 – up from 70 percent in 2014 and 62 percent in 2013. When asked about the likelihood of a network breach occurring in the coming year, 62 percent felt it was more likely than not – up from 52 percent a … Read More

J.P. Morgan lays out its Forward-Looking Statements which are, by their nature, subject to risks and uncertainties, many of which are beyond the Firm’s control. These two statements speak directly to cyber risks: Ability of the Firm to maintain the security of its financial, accounting, technology, data processing and other operating systems and facilities. Ability of the Firm to effectively … Read More

Cyberattacks are growing, but the talent pool of defenders is not keeping pace. Check out this infographic from ISACA. Source: http://cybersecurity.isaca.org The solution is better automation and forensics capability with your hardware. Packet Continuum is your answer.

The cyber realm has never been more dangerous, and no one is completely immune to the dangers stemming from Russian for-profit hackers, the Chinese government, the Iranian Revolutionary Guards Corps, and transnational organized-crime groups. Safety, and anxieties about safety, is turning into a trillion-dollar industry, with cyber as a major looming threat for government, business, and ordinary consumers. Read the … Read More

Headless worms, machine-to-machine attacks, jailbreaking, ghostware and two-faced malware: The language of cybersecurity incites a level of fear that seems appropriate, given all that’s at stake. “Because attackers may circumvent preventative controls, detection and response capabilities are becoming increasingly critical,” advises [research company] Gartner in its report. Read the full article at CNBC: http://www.cnbc.com/2015/12/28/biggest-cybersecurity-threats-in-2016.html Original Author: Harriet Taylor Do you … Read More

Research and surveys are showing that breaches always impact the bottom line, but if they are managed and responded to adequately, then cost and brand damage can be significantly reduced. Does your business have a incident response plan in place? Read the full article at Network World: http://www.networkworld.com/article/3019930/security/does-a-data-breach-really-affect-your-firm-s-reputation.html Original Author: Doug Drinkwater