Articles Tagged with ''information security''

BigID, data-centric personal data privacy and protection company, announced the appointment of Roger Hale to Chief Security Officer. As CSO, Roger brings more than 35 years of information security experience spanning venture capital, cloud, data management and more.

As a vast majority of companies make the rapid shift to work-from-home to stem the spread of COVID-19, a significant percentage of IT and cloud professionals are concerned about maintaining the security of their cloud environments during the transition. The findings are a part of the State of Cloud Security survey conducted by Fugue. 

Edward Aractingi has been named Chief Information Officer at the College of William & Mary, where he will lead Information Technology, a critical partner in every aspect of learning and work at the university.

As the healthcare sector ramps up operations to manage the influx of COVID-19 cases, major organizational and networked system changes may leave them vulnerable to cyberattacks, says the New Jersey Cybersecurity & Communications Integration Cell (NJCCIC). 

General Electric (GE), a global Fortune 500 company, has acknowledged a data breach affecting present and former employees and their beneficiaries. Between February 3-14, 2020, an unauthorized user gained access to the email account of Canon Business Process Services, which GE contracts with to process employee documents. 

Sounil Yu, former Chief Security Scientist at Bank of America, will join the YL Ventures team as its full-time CISO (Chief Information Security Officer)-in-Residence.

Led by Noam Rotem and Ran Locar, vpnMentor’s research team of ethical hackers, recently discovered a data leak by the popular app Key Ring, that compromised the privacy and security of their 14 million users.

In spite of this cyber war and in an effort to be first to market, many companies still rush their products out while ignoring proper security integration during development which can lead to disastrous side effects for businesses. Costing them valuable data, reputation, money and time to amend their product weaknesses. Companies can spend a great deal of time and money developing security patches, repeatedly rolling back and implementing updates, and buying other technologies to secure their own offering. This cycle can potentially continue for years releasing cures to the latest aliments while fearing the next hit. 

Looking back at cybercrime incidents of the past 10 years, only the questions of "if" and "when" remain. "If" a business has no active cybersecurity policy and processes even just hundreds of rich customer records, "when" becomes soon enough. For the past 10 years, at least eight large-scale data breaches per year have trembled economies. You’d imagine that as business owners, we would have learned the immense value of the digital data we hold. The Ponemon Institute says that just in the US, the average size of a data breach is 25,575 records with a cost of $150 per record on average. That could be the money you would have paid in damages, as a government fine, and potentially in customer lawsuits.