Study: Once inside, hackers don’t need malware

Once they have breached a system, most hackers no longer need malware, according to a new study by LightCyber, a provider of Behavioral Attack Detection solutions. According to the company’s Cyber Weapons Report 2016, 99 percent of post-intrusion cyberattack activities used standard networking, IT administration and other tools. “While malware was commonly used to initially […]

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Cleveland cyber firm predicts GOP Convention will draw cyber attacks

According to the CEO of Stealthcare, a Cleveland-based cyber security firm, the next major cyber security attack will likely be tied to the GOP Convention, although he believes it won’t come from hacktivitsts upset with Donald Trump but rather from a state-sponsored group. Jeremy Samide, CEO of Stealthcare, points to the recent attack on the […]

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Cyber Insurance Coverage Disputes: Not What Your Company Expected

While cyber insurance policies are popular, and can be an effective risk-mitigation tool, we have advised clients to be cautious, to evaluate policy language carefully, and to anticipate coverage disputes. Recent cases bear this out: it is critically important that the language in the policy cover, without exclusion, the key losses anticipated by the insured. […]

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Survey: Most companies don’t budget for ransomware attacks

Based on the prevalence of the scam, some security experts have called 2016 “the year of ransomware,” yet a new survey shows most businesses don’t budget extra funds to regain access after a ransomeware attack. The survey, conducted by data security firm IDT911, found that 65 percent of respondents currently do not, nor plan to, […]

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RSA: Most companies still exposed to significant cyber risk

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 […]

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Another study suggests ransomware growing in popularity

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 […]

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Ransomware the biggest immediate cyber threat, Kaspersky warns

Ransomware has overtaken advanced persistent threat network attacks as the most frequent cyber threat, according to security firm Kaspersky Lab, and it doesn’t appear to be slowing down as authorities have had a hard time combating the viruses. A recent Kaspersky report revealed that there were 2,900 new ransomware modifications detected between January and March of 2016, […]

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

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 […]

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University of Central Florida wins third straight collegiate cyber competition

It was a three-peat for the University of Central Florida, as the school was once again crowned champion of the National Collegiate Cyber Defense Competition. More than 180 institutions from across the U.S. participated in the competition, with the top 10 battling again in the finals, held April 22-24 in San Antonio. There, each school was responsible […]

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Study finds many computer science students lacking cyber security education

Almost all the top American computer science programs fail to prepare their students for a cyber security attack, according to a recent study released by Cloud Passage. The study measured the computer science and engineering programs at 121 American institutions, including all 50 of the top ranked computer science schools in the 2015 edition of […]

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Corporate executives among most vulnerable for cyber security attacks

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; […]

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