Cybersecurity News - Articles - Page 594

Businesses More Likely to Pay Ransomware than Consumers

November 30, 2016

IBM Security announced results from a study finding 70 percent of businesses infected with ransomware have paid ransom to regain access to business data and systems.

Banks Ramping Up Cyber Focus, Working to Coordiante Efforts

Security Vendors Under Pressure to Offer Cyber Guarantees

November 29, 2016

A majority (95 percent) of U.S. companies want to see their IT security vendors offer a guarantee on their products and services, and 88 percent claimed they would change providers if they could find an alternate IT security vendor that offers a guarantee.

14 Threat Trends to Watch in 2017

November 29, 2016

Intel® Security released its McAfee Labs 2017 Threats Predictions Report, which identifies 14 threat trends to watch in 2017.

U.S. is the Global Fraud Hotspot

November 25, 2016

Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.

Why 'Low Severity' Vulnerabilities Can Still Be 'High Risk'

The Hazards of Focusing Only on Fixing 'High' and 'Critical' Severity Vulnerabilities

Christopher Camejo

November 22, 2016

It’s not that fixing Critical and High-Severity vulnerabilities is the problem; it’s that the Medium and Low severity vulnerabilities can pose significant risks as well. For any given vulnerability, we need to distinguish between its severity and the risk that results from it being present on a particular system on our network.

Duplicate Alerts Draining Security Analysts' Time

New research shows that 30 percent of analysts' manpower is lost to duplicate alerts.

Garry Fatakhov Yair Stern

November 22, 2016

Essentially, one-third of analysts’ time is being spent on processing alerts that have unknowingly already been processed, and at present SOC teams are left with little ability to make this distinction resulting in massive manpower drain.

New EMV Chip Cards Will Lead to Significant Increase in Online Holiday Fraud

November 18, 2016

One cyber company is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past years.

Facebook is Most Popular Social Media Platform

November 18, 2016

A national survey of 1,520 adults conducted March 7-April 4, 2016, finds that Facebook continues to be America’s most popular social networking platform.