The financial-services industry is targeted more than any other by cyberattackers, and the recent wave of attacks may be the wake-up call the industry needs to upgrade its efforts against them, cybersecurity expert Stacey Robinson writes. Small- and medium-size firms are especially vulnerable, Robinson notes, but a recent survey found that a significant number of brokers fail to apply vital security patches to deter invasions.
Cyberattacks have continued to grow in recent years, despite increasing amounts spent on cybersecurity, because businesses are putting more data online, are not being creative with passwords and have a lack of regulations governing security, Grant Elliott writes. However, companies need to categorize data by sensitivity and know which employees have access to what information and what level of protection business data requires.
Manufacturers are vulnerable to cyberattacks because their equipment and software are so valuable and rely on rapid movement of data. This article describes how manufacturers can assess security flaws related to targeted and untargeted attacks.
A report from the Ponemon Institute and Metalogix found that in the past two years, 49% of about 1,400 health care organizations surveyed have experienced one or more confirmed file-sharing data breaches. Fifty-eight percent of respondents reported that their organization does not do enough to see that users of Microsoft SharePoint handle confidential or sensitive data appropriately, and 79% questioned existing tools' ability to safeguard sensitive data from a targeted breach or unintentional exposure, the report found.
Mobile ransomware attacks increased globally during the first quarter by 253%, with the US hit the hardest, according to a report from Kaspersky Lab. This article outlines four ways users can better protect themselves, including doing regular scans on devices to check for infection.
The private sector must help the federal government fight cyberattacks, said Gen. Michael Hayden, former director of the National Security Agency and the CIA. Companies such as Apple, Google and Facebook have the cybersecurity expertise and can move more quickly than the US government to deter threats, he said.
Today, most businesses have a breach response plan in place. What they don't realize, however, is that they have overlooked the most critical component of breach readiness: reserving the manpower required to execute their plan successfully. Learn how your business can become truly response ready.