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.
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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.
Bitdefender experts predict a marked rise in IoT attacks against individuals and companies alike, continuing trouble with encrypting ransomware, IoT botnets, adware and the revival of darknet markets for illegal goods and services.
Few industries have as broad an impact on other sectors and on society in general as telecommunications. Imagine trying to communicate with people without wired or wireless services.
Recent industry research studies provide a clear sense of what’s happening in terms of cyber security spending—and it’s probably good news for many security executives. Investments in technologies to protect data resources are going up, likely a reflection of the greater emphasis on security at the highest levels of organizations.
Manufacturers have an especially intriguing challenge when it comes to cyber security. Not only do they face the security threats many other types of businesses are confronting, but they also have to deal with the growing presence of the Internet of Things (IoT).
Some reports called it quite possibly the largest data breach of all time. Internet entertainment, news and search site Yahoo announced on Sept. 22, 2016 that a recent investigation by the company confirmed that a copy of certain user account information was stolen from the company’s network in late 2014 by what it thinks is a state-sponsored actor.
Government agencies are no strangers to hacker attacks. Some of the biggest and most well-publicized breaches in recent years have come against public sector organizations—despite ongoing efforts to bolster the cyber security of agencies that have a huge impact on the lives of many citizens worldwide.
Information technology companies are especially aware of the need for strong cyber security, given that their products and services are an integral part of why security measures are needed in the first place.
Two recent hacker attacks show that the cyber assault against organizations in the healthcare sector continues.