Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Government, IT Security, Security, Technology

Growing cybersecurity concerns

Cyber attacks becoming more common in modern warfare

With technology advancing faster than ever before, cybersecurity has become a major concern. Hackers aren’t the only ones, though, who are wreaking havoc online. Governments have also used cyber attacks as weapons of war against each other.

Stuxnet was a ‘worm’ created in 2007, allegedly by the US and Israel, that attacked Iran’s nuclear facilities. Neither government has claimed responsibility, but Stuxnet is now widely accepted as the first known cyber-weapon to cause major physical damage to its intended target. The only problem was that the worm was leaked and also became public.

Read  More

Advertisements
Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Finance, Government, IT Security, Security, Technology

ARTS & ENTERTAINMENTENVELOPECOMPANY TOWN Sony hack ‘unprecedented, damaging and unique’ cyber security firm says

A cyber security firm investigating the hacking of Sony Pictures Entertainment has called the attack on the studio’s technology systems “unprecedented,” Michael Lynton, Sony chief executive, told employees Saturday in an email.

“The scope of this attack differs from any we have responded to in the past, as its purpose was to both destroy property and release confidential information to the public,” reads a statement which Lynton shared with employees from Kevin Mandia, founder of the cyber security firm Mandiant. “The bottom line is that this was an unparalleled and well planned crime, carried out by an organized group, for which neither SPE nor other companies could have been fully prepared.”

Read More

Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Education, Finance, Government, IT Security, Security, Technology

Cyber-security skills gap could take 20 years to bridge

The cyber-security industry could boost the UK economy – if there are enough people with the right skills to make it happen, says the Institution of Engineering and Technology (IET).

The demand for cyber-skills is forecast to grow 13 percent each year until 2017; and a study for the Department of Business, Innovation and Skills last year reported a shortage of those with the cyber-skills needed by the industry. However, the gap in the industry isn’t getting much smaller as the National Audit Office stated that the gap could take 20 years to fill.

Read More

Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Government, IT Security, Security, Technology

Cybersecurity Breaches Raise Questions

On Tuesday, Nicole Perlroth reported on two separate sets of cybersecurity breaches. At Sony Pictures Entertainment, hackers defaced websites, leaked films and disclosed the pre-bonus salaries of senior Sony executives. They sabotaged data as well. Separately, Ms. Perloth covered a report about a series of Iranian attacks on more than 50 companies around the world.

Read More

Standard
Business, Cloud Computing, Cyber Security, cyber security legislation, Cybersecurity, E commerce, Finance, Government, IT Security, Security, Technology

Banking Committee to examine financial cybersecurity

The Senate Banking Committee next Wednesday will hold a hearing on cybersecurity in the financial sector.

Lawmakers and regulators have been pressuring banks to boost their cyber defenses in the wake of a major breach at JPMorgan that exposed the names, addresses, phone numbers and emails of 76 million households.

Senators will hear from officials at the FBI, Homeland Security Department, Secret Service and Treasury Department, among others.

Read More

Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Government, IT Security, Security, Technology

As data breaches grow, so do dollars into cybersecurity startups

As data breaches continue to hit businesses large and small, venture capitalists have dumped more money into startups looking to fix the problem.

A New York Times article published Tuesday reported investment into security startups has soared in recent years, creating opportunity for entrepreneurs and risk for venture capitalists trying to avoid the kinds of bandwagon companies that fade away as a market starts to mature.

Read More

Standard
Uncategorized

Top cybersecurity predictions of 2015

Healthcare at risk?

As noted by Websense, healthcare data is valuable. Not only are companies such as Google, Samsung and Apple tapping into the industry, but the sector itself is becoming more reliant on electronic records and data analysis. As such, data stealing campaigns targeting hospitals and health institutions are likely to increase in the coming year.

Read More

Standard