Vulnerable public, private sectors need heightened cyber information sharing

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“There are only two types of companies: Those that know they’ve been hacked and those that don’t.” That quote came from the same man who updated the President in daily terrorism briefings between 2011 and 2014. Addressing the 2015 Cyber Security Summit last fall, former National Counterterrorism Center Director Matthew Olsen reviewed a chilling litany of cyberterrorist […]

Continued global cyber security growth projected for remainder of decade

Cyber Lock

The global cyber security market is expected to grow more than 12 percent annually through 2020, according to a newly released report. While that number is slower than previously projected, vulnerable wireless networks and increased mobile Internet usage continues to create need for increased security measures that provide revenue to the industry. Additionally, the report […]

Specialist from NIST shares small business cyber security fundamentals

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A computer security specialist from the National Institute of Standards and Technology (NIST) recently addressed a gathering of small and mid-sized business people at the 2015 Cyber Security Summit in Minneapolis. The speaker, Patricia Toth, told her audience that small businesses are vulnerable and are increasingly the target of malicious attacks from cyber hackers. In 2013, 31 percent of cyberattacks targeted […]

Experts tout info-sharing as best cyber defense

InfraGard

Cyberattacks have rocked American industry, U.S. government agencies, academic institutions and others causing disruptions of service, sensitive information leaks and theft of trade secrets and military defense documents. News reports detail accounts of breaches at major companies and even the federal government, resulting in the loss of customers’ private information. Any industry engaged in digital communication […]

Survey: Organization’s size doesn’t indicate its “security maturity”

RSA Cybersecurity Poverty Index

Regardless of size, nearly three-quarters of companies lack the maturity to address cyber security risks, according to the inaugural “Cybersecurity Poverty Index” released by RSA, The Security Division of EMC. The index compiled survey results from more than 400 security professionals across 61 countries. Participants self-assessed the maturity of their cyber security programs against the […]

Cyber Security Summit Chair discusses securing your infrastructure

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Andrew Borene, chair of the 2015 Cyber Security Summit, spoke about securing your company’s infrastructure yesterday at an event hosted by The Center for National Policy and The Christian Science Monitor. You can view his full comments below. Borene is federal chief strategist at IBM for i2 Intelligence Analysis. You can read more on his presentation from the Christian Science Monitor: Transforming overwhelming […]

President Obama delivers cyber security remarks at Stanford

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Earlier today, President Obama delivered remarks at the Cybersecurity and Consumer Protection Summit at Stanford University. During his speech, he also signed an executive order promoting information sharing on cyber security threats between the private sector and government agencies. “This is not a Democratic issue, or a Republican issue,” he said during his speech. “This is not a […]

Report: More than 88 percent of cloud apps not enterprise ready

CLOUD Report

Compromised credentials are frequently being used in enterprise cloud apps, putting sensitive business information at risk, according to a report released today by cloud app analytics company Netskope. The report says as many as 15 percent of corporate users have had their account credentials stolen. Since many users reuse the same credentials across multiple accounts, […]

New report predicts rise in targeted attacks, online banking crime

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In a new cyber crime report released last week, IT security provider Trend Micro makes a number of predictions for 2015 and beyond, including a rise in targeted attacks and an increase in the severity of online banking and other financially motivated attacks. “The growing risks online banking threats pose should motivate individuals and organizations alike […]