Articles Tagged with ''cybercrime''

A British program invited amateur computer scientists to solve hacking problems, hoping to garner more attention to the cyber security industry.

A putative class action lawsuit has been filed in federal court in Louisville, Ky., in connection with a hacking incident over the weekend that led to the access of personal information on 24 million customers of Zappos.com, a unit of Amazon.com Inc.

A survey of healthcare organizations found the average cost of data breaches to these organizations rose from $183,526 in 2010 to $2,243,700 in 2011.

Security leadership and value is being tied directly to business unit and organizational goals as the best measure of its contribution. So directly tied, that business unit leaders are paying for risk management and security as a direct service versus an allocation. Further, these internal customers view security as a consultancy, and they are routinely seeking their advice to understand and manage risks enabling them to reach their objectives. The transparency of this relationship allows the business unit to identify security’s value to achieving their goals, resulting in increased reliance, use and spending with security.

According to a recent Norton Cybercrime Report, 431 million adults in 24 countries experienced some type of cybercrime over the past year.

Working more closely together, cybersecurity partners from law enforcement and the private sector are increasing their efforts to combat cyber crime, as part of National Cyber Security Awareness Month.

The attack effectively froze the operations for a number of days, leaving company employees unable to ship product, to cut checks, or even to communicate via email, the U.S. Department of Justice said in court filings. Total cost: $800,000.