Cyber Due Diligence Should be a Key Component of a Corporate Acquisition

Passwords

In July, Verizon announced that it would acquire Yahoo’s Internet business for $4.8 billion. In September, Yahoo disclosed that a massive data breach had compromised 500 million user accounts.  The breach happened nearly two years ago, in late 2014.  Now, Verizon has stated publicly that it believes the breach has had a material impact on Yahoo.  […]

Realities of today’s digital economy

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Amid mushrooming IoT device sales and attendant channel transaction growth, findings from a recent study raise serious concerns about just how effectively online businesses are able to safeguard their stakeholders’ digital identities. A White Paper titled “The Economics of Digital Identity” was published by The Economist and authored by a team of experts at the Economist Intelligence […]

RSA: Most companies still exposed to significant cyber risk

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Is your company exposed to significant cyber risk? If not, you’re in the minority, according to a new report from RSA. For the second year in a row, RSA, The Security Division of EMC, found that 75 percent of 878 survey respondents across 81 countries have significant cybersecurity risk exposure. There was, however, at least […]

Another study suggests ransomware growing in popularity

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Based on news reports, ransomware attacks appear to be growing in popularity, and a new study seems to confirm that they have become the scam of choice among hackers. In the first quarter of 2016, 93 percent of phishing emails contained ransomware, according to a recent report from PhishMe, a phishing-defense solutions provider. The company […]

Study: U.S. companies lack coverage against cyber attacks

Insurance

Almost half of all American companies find themselves without cyber security insurance, according to a recently released study measuring the cyber preparedness of global companies. The study was done by security consultant NTT Com Security. Forty-nine percent of U.S. based companies admit to being without specific insurance dedicated to protecting their information against a cyber-attack. Despite […]

Corporate executives among most vulnerable for cyber security attacks

Accountability Gap

A cyber security “accountability gap” is appearing in corporations around the world as executives are becoming more vulnerable to cyber security attacks than other company employees, according to a recently released report titled Accountability Gap: Cybersecurity and Building a Culture of Responsibility. The report was produced by the Institute of Management Studies, Goldsmiths, University of London; […]

Mobile point of sale growth necessitates enhanced cyber tools

1stPayPOS_App

The mobile point of sale (POS) market is expected to grow by 49 percent each year until 2020, according to a new report released by Technavio that analyzed mobile POS shipments worldwide, as well as sales of smartphones, tablets and mobile POS terminals. The POS terminals, which are attached to mobile devices and used to […]

Apple, Amazon news highlights growing mobile cyber security market

Locked Phone

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 […]

Cyber security professionals express concern about preparedness

ISACA-RSA Survey

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 […]

Cyber security market to benefit from increased connected car usage

Connected Car

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 […]