Commentary: Cyberattacks may be wake-up call for industry | Microsoft reportedly to pay $100M for cybersecurity startup Hexadite | Why we should be prepared for quantum computers
May 25, 2017
Data Security & Privacy SmartBrief
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Commentary: Cyberattacks may be wake-up call for industry
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.
WealthManagement (5/24) 
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Data Security & Privacy
Microsoft reportedly to pay $100M for cybersecurity startup Hexadite
Microsoft reportedly to pay $100M for cybersecurity startup Hexadite
(Stephen Brashear/Getty Images)
Microsoft has reportedly signed a deal to purchase cybersecurity startup Hexadite for $100 million, an Israeli news source said. The company's investors include Hewlett Packard Ventures.
Reuters (5/24) 
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Cyber Risk
Why cybersecurity remains a challenge in the digital age
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.
Dark Reading (5/23) 
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Manufacturers are considered high-value hacking targets
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.
The Manufacturer (U.K.) (5/24) 
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By the Numbers
Report: 49% of health care groups experienced file-sharing data breach
EHRs
(Christopher Furlong/Getty Images)
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.
Health IT Security (5/22) 
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Practice & Policy
4 tips for guarding against ransomware
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.
TechRepublic (5/22) 
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Hayden: US needs private sector's cybersecurity expertise
Hayden: US needs private sector's cybersecurity expertise
Hayden (Noam Galai/Getty Images)
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.
Computerworld (5/23) 
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AllClear ID News
The most overlooked component of breach readiness
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.
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Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness, that most frightens us.
Marianne Williamson,
writer and activist
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