Cybersecurity Matters

George Hulme lends his expert insight into the latest developments in cybersecurity

FBI: Internet-fueled theft, fraud, and exploitation reaches cost of $2.7 billion

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The FBI’s Internet Crime Complaint Center (IC3) published its fifth annual Internet Crime Report last month. The report, based on information gleaned from 351,936 complaints of suspected Internet crime, found more than $2.7 billion in Internet-fueled theft, fraud and exploitation for 2018. According to the report, email scams wrought the highest level of financial losses […]

Global enterprise security spending to hit $103 billion this year

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The pace of enterprise information security spending on hardware, software, and services is expected to grow 9.4 percent this year over 2017, according to a recently released forecast from the market research firm IDC. According to IDC, that pace of growth, which is considerably higher than the pace of technology growth overall, is expected to […]

Majority of organizations still report a lack of cyber security budget

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Despite years of widespread data breaches and increased regulatory demands, 75 percent of respondents to a recent survey do not believe that they have an adequate information security budget. Additionally, attackers continue to successfully use compromised credentials in attacks, and while 93 percent of organizations surveyed are aware of the vulnerability and attack technique — […]

Gartner: Future of identity management is mobile, SaaS

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By 2022, the research firm Gartner predicts 70 percent of enterprises that use biometrics for authentication will do so with smartphone apps. Last year, less than 5 percent of enterprises did so. According to Gartner, it is the lower cost and improved user experience that will drive this adoption of smartphone biometric authentication. Speaking of […]

Enterprise security and risk management efforts continue to lag

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Increasingly, enterprises realize that they not only need to secure their digital assets, but that they need to do it economically. Most organizations know that they need to be compliant to any number of government or industry regulations that affect them — from HIPAA to GDPR — but simply achieving compliance doesn’t mean an organization […]

Study: Hospitals dramatically increase ad spend following data breaches

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Determining the actual cost of a data breach is difficult and often leads to heated discussions in security circles. How do you determine how many customers who left (following a breach) wouldn’t have left anyway? Perhaps they already were upset with the organization for some other reason. How do you know if a sales decline […]

Old password habits die hard … if they ever die at all

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If there’s anything that security and IT teams hate more than managing credentials, I certainly can’t think of it. Users hate having to manage their passwords and they tend to do so poorly. And that, in turn, leads to password reset request calls — among the most costly of helpdesk service call types. (By the […]

What are the priorities for CISOs in 2019?

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Well, 2018 is a wrap and another year is behind us — and what a big year it was for cybersecurity. There have been numerous high-profile breaches, regulatory fines, and fascinating developments in how enterprises build and deploy their applications. And, more broadly, business transformation efforts have accelerated the speed of business change. It’ll be […]

NIST releases guidance for risk assessment automation

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Security professionals are stretched as thin as you can imagine. Their environments are fragmenting from just their data centers to a multitude of cloud services. Meanwhile, they’re having difficulty finding skilled staff, and their development teams have been busily dismantling traditional waterfall development lifecycles for continuously delivered pipelines. While cloud, mobile, containers, microservices, and serverless […]

Lights out: Can the U.S. survive a ‘catastrophic’ power outage?

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Recently, the President’s National Infrastructure Advisory Council (NIAC) examined the ability of the U.S. federal government to respond to and recover from a catastrophic power outage striking a large swath of the nation. What is a catastrophic power outage? It’s a power outage longer than a few days or even weeks and that is, according […]