Among the riskier activities enterprises can undertake are merging with or acquiring other businesses—and not just for the financial considerations involved. Mergers and acquisitions (M&A) present a number of cyber security risks that might not even be on the radar screen when merger discussions first begin.
Anyone who works in the cyber security field probably knows how difficult it is for companies to fill security-related job openings. But the shortage has been made all the more worrisome, given the growing severity and frequency of attacks. And according to recent research, the shortage is getting worse.
The findings of a new ISACA research report on the state of cyber security are quite sobering: a huge majority of the organizations the group surveyed for its study expect to be hit with a cyber attack this year, but many of them remain unprepared to defend against such attacks.
The latest data breach report from Verizon is out, and if you’re looking for good news about the cyber security landscape you might be disappointed.
Update 5/13/3017: Yesterday evening the WannaCryptor (WannaCry) ransomware family infected thousands of computers across the world. In just 24 hours, the number of infections has spiked to 185,000 machines in more than 100 countries. Analysis of the Bitcoin wallets hardcoded into the samples show that the group behind WannaCryptor managed to extort roughly $US 25,000 worth of Bitcoin.
A new family of ransomware called WannaCryptor has started targeting businesses in more than 70 countries around the world. Hospitals, telelcom companies or gas and utilities plants are just some of the verticals that suffered massive disruptions caused by data being held at ransom.
Few industries impact as many people and businesses around the world as the power and utilities sector. Virtually everyone relies on electricity on a daily basis, and to go without power can be a major hardship. Just ask anyone who has experienced an outage. From a business standpoint, a loss of power even for a few hours can deal a significant blow to operations.
For many enterprises, the software-defined data canter (SDDC) is the IT infrastructure of the future. And for innovative organizations it’s the data center of the present. Either way, SDDC offers a number of compelling potential benefits compared with traditional data center environments, such as reduced costs and greater agility.
Among the hottest trends in data center technology today is the growth of hyperconvergence, an IT infrastructure framework in which virtualized computing, networking and storage components are tightly integrated within a data center.
Fake news has been in the headlines a lot lately, after becoming a major topic of discussion during the recent U.S. presidential election. What many people might not realize—and what IT and security executives need to think about—is the security implications of fake news sites.
A recent report by the Institute for Critical Infrastructure Technology (ICIT), a cyber security think tank that acts as a conduit between the private sector, U.S. federal agencies and the legislative community, paints a frightening picture of the information security landscape.
Cybercrime is estimated to cost $6 trillion by 2021, while spending on cybersecurity solutions to safeguard infrastructure is forecast to surpass $1 trillion. Growing security challenges due to system vulnerabilities and misconfigurations turn over 1 million people into cybercrime victims every day.
People often complain about how the government spends money inefficiently—and in many cases these criticisms are justified. And when it comes to spending on cyber security solutions, there’s plenty of room for improvement, according to a recent study.
