Most Clicked SmartBrief on Cybersecurity Stories

1. FBI: Terrorist groups discussing cyberattacks on U.S.

SmartBrief on Cybersecurity | Jul 23, 2015

Federal Bureau of Investigation Director James Comey told the Aspen Security Forum that terrorist organizations have started talking about how to hit the U.S. with cyberattacks. "We are picking up signs of increasing interest," he said. The Wall Street Journal (tiered subscription model) (07/22)

2. Technologists pause to ponder implications of Internet of Things

SmartBrief on Cybersecurity | Jul 27, 2015

Alarming instances of remote hacking of vital digital devices -- including baby monitors, public utilities and even a car on the highway -- are raising ethical questions about the much-touted Internet of Things. Technologists in the Denver area are pondering the consequences in a new community they call Tech rIoT. The Denver Post (07/24)

3. Identity-theft services offer limited value, critics say

SmartBrief on Cybersecurity | Jul 27, 2015

Free credit monitoring and identity theft protection for customers are typical responses to a breach, but some say these services offer little value and can confuse the threats consumers actually face. "Frankly, this is a good thing because these services have lots of issues that needed to come to light," said Avivah Litan of Gartner. "Consumer data has been heavily compromised at many firms for a long time and cannot be relied upon for identity proofing anymore. Banks and others must use alternative and complementary solutions." (free content) (07/24)

4. Commentary: All businesses face 4 major types of cyber-risk

SmartBrief on Cybersecurity | Jul 22, 2015

Cybercrime has evolved to focus on the theft of sensitive data and the disruption of critical business processes, and four types of cyberthreats are a danger for all types of businesses, including insurance agents and brokers, writes Paul King of USI. Corporate-network breaches, hacking, social-engineering techniques and extortion are among the most common threats, he writes. PropertyCasualty360 (07/20)

5. Feds struggle on solution for millions of hacker victims

SmartBrief on Cybersecurity | Jul 21, 2015

Feds are still discussing how millions of federal employees will receive aid after hackers stole their private information in two consecutive cyberattacks announced in June. Questions including how those affected could be compensated and how the government can protect against future attacks remain largely unanswered, Joe Davidson writes. The Washington Post (tiered subscription model) (07/16)

6. Google study reveals disconnect on security best practices

SmartBrief on Cybersecurity | Jul 24, 2015

The need to apply software updates to keep computer networks safe is lost on most end users, a Google study has found, adding that only 2% of non-professionals keep up on patches. The survey notes that many laypeople are convinced that software updates themselves could put their computers at risk and that they instead rely overly on third-party anti-virus software, which is less effective. Both groups said password management is important for online safety. Network World (07/23)

7. Congress faces pressure to consider cybersecurity bill

SmartBrief on Cybersecurity | Jul 22, 2015

Lawmakers are under increasing pressure to consider the Cybersecurity Information Sharing Act, which is aimed at improving the sharing of cyberthreat information. Senate Republican leaders say they will get the bill on the floor before lawmakers leave for the August recess. The Hill (07/21)

8. Think like a hacker to protect your business

SmartBrief on Cybersecurity | Jul 21, 2015

About seven in 10 cyberattacks are directed at companies with fewer than 100 employees, and data breaches can cost these businesses tens of thousands of dollars. Entrepreneurs can defend themselves by thinking about what types of information hackers would want and taking steps to address vulnerabilities in their software, writes Lou Shipley, CEO of Black Duck Software. The Wall Street Journal (tiered subscription model) (07/16)

9. Financial firms missing the mark on cyber-risk management, expert says

SmartBrief on Cybersecurity | Jul 22, 2015

The financial sector is doing a better job of protecting itself against cyberthreats, but few banks have turned their new cybersecurity strategies into company-wide risk-management frameworks, writes James Henry, a consulting practice manager at Auriga. Henry writes that the lack of an effective risk management strategy that ties cybersecurity into larger business goals threatens to complicate the recovery process after a breach. Banking Technology (07/21)

10. Insurers look to protect infrastructure from cyberattacks

SmartBrief on Cybersecurity | Jul 23, 2015

American International Group is offering cyberinsurance coverage limits as high as $100 million for property damage and bodily injury. Premiums in the market appear on track to reach $10 billion a year by 2020. Zurich Insurance Group and Munich Re are exploring introducing similar infrastructure-focused products. "We are listening to our customers, who tell us they are looking for larger limits -- some as high as $1 billion in coverage for cyberproperty damage and business interruption for larger corporate properties and facilities," said Dan Riordan, CEO of Zurich Global Corporate in North America. Bloomberg (07/22)

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