Last year, private sector companies globally spent more than $75 billion on security software to safeguard their systems and data. That number is expected to grow about 7% annually, according to Gartner and other analyst firms. It doesn’t include all the massive amounts spent on fraud prevention by banks, a number that is widely underreported…

Due to a lack of adequate resources, many health care providers are falling far behind in their cybersecurity practices, according to data in the 2016 HIMSS Cybersecurity Survey. “It looks like something I might’ve read about 10 years ago,” said John Worrall, CMO at CyberArk. In particular, he found the percentages of providers that use…

Last year nearly half of businesses were attacked with ransomware, which caused 34% of enterprises to lose revenue and 20% to cease operations immediately.  This discovery comes from a new report called “State of Ransomware” (registration required) published by Malwarebytes. The anti-malware software vendor partnered with Osterman Research to learn more about the severity of…

Cybersecurity or as we know it is actually an integral part of your business strategy. While it mainly caters to every business module, smaller firms are usually affected the most in both ways. These organizations are prone to cyber attacks as an occasional breach isn’t that uncommon. Then again, it is imperative to look into…

New draft guidance addresses postmarket management of cybersecurity vulnerabilities The U.S. Food and Drug Administration today issued a draft guidance outlining important steps medical device manufacturers should take to continually address cybersecurity risks to keep patients safe and better protect the public health. The draft guidance details the agency’s recommendations for monitoring, identifying and addressing…

A robust security strategy requires a skilled workforce. Today’s IT managers are challenged to defend their networks as a lack of cyber-security talent is leaving them vulnerable to attack. Intel Security, in partnership with the Center for Strategic and International Studies (CSIS), recently released a report called “Hacking the Skills Shortage.” The report is based on…

Trust is an essential underpinning of life in the digital age. We trust our friends on Facebook not to share our private family photos. We trust our email clients and antivirus software to keep viruses and spam at bay. But for many people, the risks of using the internet are scary enough to curb their…

You only have to look at recent headlines to confirm that cybersecurity is a critical concern that touches every industry and every individual, and threats are only continuing to increase. Yet in a recent study conducted by ISACA and RSA, 52 percent of global cybersecurity and IT managers and practitioners said “that less than a quarter of applicants…

Only 22 percent of companies have a comprehensive plan in place to deal with major cybersecurity incidents, according to a new survey from KPMG and British Telecom. Meanwhile, 97 percent said they have been the victims of a digital attack, and 55 percent said that they have seen an increase in cyberattacks. In particular, a…

On one level, the motivation for organizations to invest in cybersecurity tools, staff, and processes couldn’t be more obvious: the organizations want to prevent cyberattacks from succeeding. It turns out, however, that security measures may be able to drive additional business benefits beyond simply countering hackers, online criminals, and other bad actors. The 2016 AT&T/IDC…