Obama to discuss cyber plans

  In our increasingly connected world, the reality of dangerous cyber threats is intensifying, and the U.S. government plans to take action. According to a release from The White House’s Office of the Press Secretary, President Obama wants to build upon steps he has already taken — including his BuySecure initiative, launched last year — […]

Read more

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

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, […]

Read more

IBM study shows fewer, but more efficient, cyber attacks in 2014

The number of cyber attacks against U.S. retailers dropped 50 percent in 2014, but the increasing sophistication and efficiency of the attacks kept the number of records stolen near record levels, according to findings released yesterday by IBM. IBM’s research shows attackers obtained more than 61 million records in 2014. That represents a decrease from […]

Read more

FBI seeks special agents with cyber skills to combat online crime

After a slew of cyber attacks in 2014, the FBI has taken notice and is seeking out experienced cyber professionals to join their team, according to a report in the Chicago Tribune last week. The job post lists a variety of potential assignments, including investigations of cyber-based terrorism, computer intrusions, online exploitation and major cyber […]

Read more

New report predicts rise in targeted attacks, online banking crime

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 […]

Read more

Home Depot provides update on data breach investigation

Home improvement retailer The Home Depot, which revealed in September that its payment data systems had been breached, has disclosed additional information related to the company’s recent hacking incident. The findings are the result of investigations in cooperation with law enforcement and third-party IT security experts. The big revelation in the latest update is that, in addition to credit card data, […]

Read more

IBM releases product suite that aims to secure the cloud

IBM is putting added emphasis on its cyber security business, and yesterday the company announced a new suite of products and services designed to help secure cloud environments. The company said its new Dynamic Cloud Security portfolio addresses security gaps that can exist between on-premise, cloud, software-as-a-service and mobile applications. “Customers are now moving critical workloads to the […]

Read more

Raytheon buys cyber security provider Blackbird Technologies for $420 million

American defense contractor Raytheon reported today that it is beefing up its cyber capabilities with the acquisition of Blackbird Technologies, a Virginia-based provider of persistent surveillance, secure tactical communications, and cyber security solutions to the Intelligence Community and special operations market. The total cost will be approximately $420 million, Raytheon says. Blackbird currently supports customers in the […]

Read more

The digital economy is getting hammered

The digital economy is getting hammered with advanced cyber attacks. As a business executive your awareness of this issue grows daily and cyber security is now weighing on your mind. You are not alone. After interviewing 588 C-suite and Board-level executives, the Lloyds’ 2013 Risk Index reported that Cyber Risk is considered the 3rd highest business […]

Read more

Andrew Borene Appointed to Chair 2015 Cyber Security Summit

The 2014 Cyber Security Summit is less than two months away and will contain more actionable takeaways for attendees than ever before. (View this year’s agenda here.) However, with cyber threats showing no signs of slowing down, plans are already well underway for the 2015 Summit, beginning with today’s announcement of the 2015 Summit Chair: […]

Read more

Russian cyber theft results in more than 1 billion stolen credentials

This week marks yet another historic moment in cyber breaches: Security researchers say Russian hackers have stolen 4.5 billion records, gathered from more 400,000 websites, with 1.2 billion of these credentials appearing to be unique and belonging to over half a billion email addresses. This dwarfs the number of individuals affected by the Target data […]

Read more