We are coming closer to the point where a cyber-attack will cost every large business more than $1 million. According to a new Kaspersky Lab report, a single cyber-security incident now costs a large business, on average, $861,000.
That’s the average amount of money a large business can end up spending for a single cybersecurity incident. For SMBs, the cost of a cyberattack comes in at around $86,500, on average.
The “Measuring the Financial Impact of IT
U.S. is guilty of its own cyberspying
Writer Eli Lake’s Opinion piece on the hacking of computers at the Democratic National Committee lists reasons to explain why the United States is treating this incident less sternly than cyberattacks by China,
Queen’s University Belfast’s Centre for Secure Information Technologies (CSIT) collaborates with digital financial solutions firm Intelligent Environments through a Knowledge Transfer Partnership
The partnership is recruiting a graduate whose role will focus on developing the world’s first attack-aware software, Interact
If President Barack Obama was correct when he blamed the 2014 Sony Pictures cyber attack on the North Korean government, then Pyongyang was also likely responsible for the recent digital assaults on banks using the Swift network.
But the president
A network of cybersecurity experts working from their homes in South Mississippi are on the hunt for cyber threats IN a multitude of industry environments.
Rebekah Wilke, who works from her Bay St. Louis home, heads a virtual security operations
Hackers have doubled the number of cyber attacks against South Africans as the expansion of internet access brings more people online.
This is according to cyber security firm Kaspersky Lab which has been tracking the number of attacks through its
The notorious FinFisher spyware is rising in popularity with government agencies across the world and 32 countries have been identified as users.
FinFisher is a sophisticated spyware suite sold exclusively to government agencies and police forces. The user-friendly software is
The five online news sites of Embarcadero Media, including PaloAltoOnline.com, were hacked Thursday night at about 10:30 p.m. but are now back online.
The sites, which provide online content for the Palo Alto Weekly, The Almanac and Mountain View Voice
Money laundering… mortgage fraud… now conveyancer hacking. Walker Morris’ Banking Litigation specialist, Alasdair Urwin, explains the latest fraud risk of which lenders, borrowers, conveyancers and the general public should be aware.
Conveyancing solicitors: safe as houses?
Many of us are familiar with
Republican Senator Rand Paul has been one of the few vocal critics of the U.S. government’s spying programs. He’s the only presidential candidate that has made NSA spying a central topic of their campaign.
NSA spying is so important to
One of the most prominent members of the Islamic State, British-born Junaid Hussain, believed to have been killed in a US air strike, had been encouraging and directing a series of plots against western targets, security sources have told the
Rutgers University in New Brunswick is to spend up to $3 million (£1.9 million) on cyber security to prevent hackers crippling the university’s computer networks.
This expensive action is in response to at least four cyber attacks during the 2014-2015
“President Obama said he was very sorry… as the case caused a big debate in Japan,” Japanese Chief Cabinet Secretary Yoshihide Suga said without confirming the spying claims.
Suga added that Abe told Obama that if the allegations were true,
NEW YORK (MainStreet) — Protecting consumers against identity theft and hacking by cybercriminals into their financial and medical records should be a higher priority by the government, said Frank Abagnale, the infamous con artist who has been an FBI consultant for
Emails sent by the founder of infidelity website AshleyMadison.com appear to have been exposed in a second, larger release of data stolen from its parent company, cyber security experts confirmed on Thursday.
The data dump by hackers who have attacked
On Friday morning, those who tried logging into Karnataka State Higher Education Council (KSHEC) website were greeted by an unusual message. A caricature holding a glass with red liquid — as if offering a toast — was mocking at the
PHILADELPHIA (CBS) — As college students begin to head back to school, they’ll get lots of reminders on how to keep their personal belongings safe. But a different kind of theft could be far more costly. 3 On Your Side
SAN BRUNO (CBS SF) — Police on Monday arrested one of two suspects allegedly involved in a
A NEW generation of Automatic Number Plate Recognition (ANPR) cameras are being rolled out across North Yorkshire as part of a £1m investment to catch travelling criminals.
The first phase of new, moveable cameras, known as re-deployable cameras, has been