Distributed denial-of-service (DDoS) attacks have been going on for years. But in recent months they seem to have gained much more attention, in part because of high-profile incidents that affected millions of users.
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Some 57% of CIO/CISOs surveyed by the consultancy firm EY have experienced a recent significant cybersecurity incident, proving that more work is needed to strengthen the corporate shield.
IT security spending ranges from about 1 percent to 13 percent of the IT budget, according to the most recent IT Key Metrics Data from Gartner. But spending can be a misleading indicator of program effectiveness, analysts say.
“Nowadays, if you stand still you won’t be able to keep your edge in the market or wherever you currently are,” says Florin Talpes, Bitdefender’s CEO and founder. “You have to be restless, in a good way. The moment you start looking for solutions and start to deepen and brush up these solutions, that’s where innovation is born.”
A recent news story has brought to mind a threat which probably sends a shiver down the spine of many system administrators.
The numbers are in, and they don’t look too good.
A new report from the respected independent testing agency AV-Test.org reveals some scary-sounding facts about the state of malware today.
How do you think your customers would feel if they visited your business’s website one day and were greeted with an offensive image, malicious code, religious propaganda or a form designed to steal their passwords?
It’s just over two years since a critical Shellshock vulnerability was uncovered.
Passwords are a perennial problem.
We rely so much on them to secure our company systems, our secrets, our customers’ private information… and yet we typically leave it in the hands of our users to choose their passwords safely.
If it can happen to a website as popular as TechCrunch, it might happen to you too.
The most serious financial consequence to companies that suffer a data breach is lost business: both direct costs – i.e. engaging forensic experts, hiring a law firm, offering victims’ identity protection services -, and indirect costs – such as the time, effort and organizational resources spent during the data breach resolution, loss of goodwill and customer churn. The total cost of a data breach has risen by almost a third since 2013, meaning that a serious breach may eventually ruin a business.
Total losses caused by Business Email Compromise (BEC), a sophisticated scam targeting businesses working with foreign suppliers and businesses that regularly pay by wire transfer, have grown 13-fold since January in identified exposed losses, reaching over $3 billion, FBI says.