Italian SMEs invest only €240 million in cybersecurity

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They’re well-aware, but they still lack the desire and ability to invest structurally. The global computer attack that was recently launched through the ‘Wannacry’ ransomware has exposed many Italian businesses’ limitations and cultural unpreparedness when it comes to cybersecurity. These shortcomings must be dealt with soon; small- and medium-sized businesses…


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Cornell University to get $2.5M for cybersecurity work

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Cornell University will receive $2.5 million in federal funds to support the development of new cybersecurity software. U.S. Sens. Charles Schumer and Kirsten Gillibrand announced the funding decision Friday. The two New York Democrats hailed the grant as an example of a smart investment in cutting-edge technology. The money will…


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Blockchain Adoption and the Cybersecurity Practitioners Dilemma

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“We drive into the future looking into our rear view mirrors” Marshall McLuhan (The views expressed in this article are entirely my own do not reflect the position of my employer the Federal Reserve Bank of Richmond, the Federal Reserve Board of Governors, or the Federal Reserve System as a…


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Cyber security agencies kept in the dark by lack of threat intelligence sharing

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All Australian organisations should be compelled to come forward and share more cyber security threat intelligence, argues the former manager of the Australian Crime Commission’s cyber team, and that goes for government agencies, too. Building relationships with industry has been a key challenge for the joint-agency Australian Cyber Security Centre…


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China’s Cyber Security Law: The Impossibility Of Compliance?

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China’s much-anticipated Cyber Security Law (CSL) will come into effect on 1 June 2017. The new law is the first comprehensive law to address cyber security concerns at the national level and to some extent consolidates cyber activities captured in other laws and regulations. The move by China to beef…


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Be ready for new ransomware attacks

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The WannaCry attack has been identified as the biggest ransomware outbreak in history. This is a cyber pandemic caused by a ransomware weapon of mass destruction. In January, CyberheistNews predicted that 2017 would be the year where we would see a “ransomworm,” and, unfortunately, it is here. The WannaCry ransomware…


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StarHub to strengthen cyber security portfolio with new acquisition

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StarHub has agreed to acquire a 51% stake in Accel Systems & Technologies, a cyber security systems integrator, for SG$19,380,000. According to a statement, Accel will operate as an independent StarHub subsidiary and continue to operate under its current management team. The acquisition is subject to the fulfilment of mutually-agreed…


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Malwarebytes offers tips on keeping cyber threats at bay

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Cybersecurity company Malwarebytes has advised local businesses and consumers to make sure their computers are using updated software to protect them against cyber threats. “Most of the people in Asia Pacific think that with having antivirus (software), they are already protected. The style of (cyber) attack has changed dramatically, and…


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Billings cyber security businesses getting busier in the wake of global WannaCry virus

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A cyber attack that spread ransomware across the globe managed to disable computer networks and strike panic in private businesses and government agencies. But by one measure, the WannaCry attack was a dud. The perpetrators of the virus — some are pointing fingers at hackers in North Korea — demanded…


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China to implement cyber security law from Thursday

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China, battling increased threats from cyber-terrorism and hacking, will adopt from Thursday a controversial law that mandates strict data surveillance and storage for firms working in the country, the official Xinhua news agency said. The law, passed in November by the country’s largely rubber-stamp parliament, bans online service providers from…


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Sophisticated cyber attacks set to increase

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It has been a turbulent month on the cyber security front, and let’s be clear – we can expect to see many more incidents of this scale or larger in the future. Anyone who assumed the recent NHS cyber attack was an isolated incident, restricted to the public sector, would…


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Cyber-security experts warn of another WannaCry like attack

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A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by the recent WannaCry malware, cyber-security researchers warned on Thursday. Rebekah Brown of Rapid7, a cyber-security firm, told Reuters that there were no signs yet of…


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Don’t bury head in sand on cybersecurity

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Cybersecurity is not always top of mind for companies. Sometimes it takes a heavy-hitting news story with details about a massive breach for leaders to stop and assess their internal controls. Sometimes it takes an employee opening a hacker’s phishing expedition and a system getting corrupted to move the cybersecurity…


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Consuming Cyber-security: The Beginning of a New Area

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Can you imagine anyone buying a car without airbags and without seat belts? I bet you can’t! So why is it that we buy computers without Antivirus software already installed, home routers without a firewall already installed or connected devices (IoT) that are lacking proper security controls? I believe there…


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Is your small business prepared for a cyber security attack or data breach?

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When data breaches make headlines, the victims are usually large companies. But there is increasing evidence that small businesses are at even greater risk for cyberattacks that put the business and its customer and employees at risk: 62% of data breaches occur in small to mid-sized businesses Over the last…


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Cyber security check leads to health system hacking

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Queensland’s Health Department has inadvertently hacked ­itself after trying to beef up cyber security in hospitals. Thousands of doctors and nurses in five of the state’s busy hospitals — including the Princess Alexandra and Lady Cilento Children’s Hospital in Brisbane and the Cairns, Townsville and Mackay hospitals — have been…


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4 Cybersecurity Best Practices to Bolster Small Business Defenses

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As cybervillains intensify efforts to crack into your networks and devices, here’s how to keep your data safe. Through its exercise videos and nutritional shakes and supplements, Beachbody helps people get buff, lose weight and live healthier lives. In fact, the fitness company’s IT team knows all about working up…


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5 Ways to Strengthen Your Organization’s Cybersecurity Risk Posture

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A company’s risk posture refers to its overarching cybersecurity plan – that is, its approach to keeping sensitive data safe from internal and external threats. This includes everything from proactive planning and prevention to implementation, management and remediation strategy. No company – large or small – is immune to a…


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Chester County First Responders and Citizens Are Vulnerable to Hackers Due to Cyber Security Gaps

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If you’ve ever been pulled over by police or had an ambulance rush to your home, laptop computers offer a way for first responders to check some of your most personal information. Former Chester County Technical Communications Specialist David Cucchi insists however that the laptops in his county also offered…


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SC Lawmaker: State Needs To Step Up Cybersecurity

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South Carolina lawmaker Katie Arrington says she is pleased the administration of governor Henry McMaster is taking steps to address the Palmetto State’s cybersecurity vulnerabilities. Having said that, she wants McMaster (and other state leaders) to take even bigger, bolder steps … and to make sure those steps are moving…


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