Most Retailers Haven’t Fully Tested Their Breach Response Plans

Nearly 75% of IT security professionals from the retail industry say their companies do not have a fully tested plan to address a security breach, according to a Tripwire report today. Some 28% of survey respondents do have a fully tested breach plan, while 21% lack a plan altogether, the report notes. Read more about […]

Global security spending to reach $96 billion in 2018

Gartner forecasts worldwide enterprise security spending to total $96.3 billion in 2018, an increase of 8 percent from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy. “Overall, a large portion of security spending is driven by an […]

Industrial firms fail to adopt basic security measures against hackers

Despite constant data breaches, compromises, and the expensive damage control which follows, the majority of industrial enterprises are failing to protect their businesses according to a new survey by US conglomerate Honeywell. Titled, “Putting Industrial Cyber Security at the Top of the CEO Agenda,” an in-depth poll of 130 industrial companies revealed that almost two-thirds […]

What’s on the horizon for security and risk management leaders?

By 2022, cybersecurity ratings will become as important as credit ratings when assessing the risk of business relationships, Gartner analysts believe. They also predict that, by 2020, 60% of organizations engaging in M&A (mergers and acquisitions) activity will consider cybersecurity posture as a critical factor in their due diligence process. Read more about the Gartner predictions for […]

The best kept secret in cybersecurity is protecting U.S. banks against catastrophic attacks

More than 100 industry experts from the U.S. banking and financial services industry quietly collaborated on a groundbreaking cyber resilience initiative dubbed Sheltered Harbor earlier this year. The initiative provides its members with an extra layer of security. If a catastrophic cyber attack brings down a member bank, then another bank takes over. Read more about this […]

Security: Making yourself a hard target for hackers is easier than you think

We seem to be in the grip of a data breach epidemic. Whether it’s big businesses falling victim to cyber espionage campaigns, workers foolishly handing over their credentials in reply to phishing emails from fraudsters or just consumers getting their PCs infected with malware there are security threats everywhere. But the reality is that it […]

What can financial firms do to prevent and recover from a data breach?

The most recent hacking incident at the Securities and Exchange Commission underscores what many in the investment community have known for years – that cyber thieves around the globe see great value in stealing market-sensitive information that can be traded for big profits. Read what financial firms can do to prevent and recover from a […]

New Report Reveals How Accidental Insider Threats Put Organizations at Real Risk

A new report from NTT Security reveals that approximately 25% of insider threats are hostile with the remaining 75% due to accidental or negligent activity. The 2017 Global Threat Intelligence Center (GTIC) Quarterly Threat Intelligence Report also details how insider threats can put an organization at risk without even knowing it. In fact, the GTIC indicates that […]

To protect your network, you must first know your network

A sobering statistic regarding commonly used security controls was highlighted in a recent report. “Software and hardware inventory and valuation” was the least cited control, with only 16% of CISOs leveraging it. Some may consider inventory an IT responsibility, not a security responsibility, but this is a serious oversight according to Ray Pompon, Principal Threat Researcher […]

The Avoidable Mistakes Executives Continue to Make After a Data Breach

Read Bill Bourdon point out the avoidable mistakes executives continue to make after a data breach on Harward Business Review : The past few years have taught us that companies will be breached and consumer data will be stolen. Last year was a record year for data breaches, and 2017, so far, has seen its […]