Frankly, it’s costing U.S. businesses more than other nations’ enterprises worldwide, according to data collected in the 2014 Cost of Cyber Crime Study: United Statesfrom the Ponemon Institute and HP Enterprise Security. The mean cost of cyber crime for a company in the U.S. last year was $12.7 million per year; other countries’ enterprises mean costs ranged from Germany’s $8.13 million to Russia’s mere $3.33 million. The study observes a $1.1 million (or 9.3 percent) increase in cyber crime costs for the U.S. from last year’s report.
Rapid growth in the volume of sensitive information combined with new technologies has chipped away at the effectiveness of traditional endpoint protections and network perimeter security.
New York Attorney General Eric Schneiderman proposed what he called “the strongest” data security law in the nation to combat an increase in the theft of personal information online.
A new report reveals many businesses still struggle with information security deficiencies and common security weaknesses that can elevate their risk of data breaches.
The Department of Homeland Security announced the launch of the 2015 Secretary's Honors Program Cyber Student Volunteer Initiative for current two- and four-year college students.