Establishing command and control gives the power to professionals so they can properly assess the risks and determine which threats pose the greatest danger and must be considered a high security priority. Authority also requires that they identify potential threats that may be considered “acceptable risks” to the organization – meaning they are worth keeping an eye on, but don’t warrant a significant security investment.

Nearly three in 10 global consumers do not trust retailers to protect stored personal or financial data against cyber risks, and 58 percent think financial institutions do a better job of protecting data than retailers, government agencies or law enforcement.

The report commends partnerships between countries for combating cybercrime, praising public-private partnerships in particular for beginning to show tangible results in terms of fighting cybercrime, such as the partnership of 11 nations to take down a crime ring associated with the GameOver Zeus botnet in June.

The rate of CFOs citing cyber attacks as a key concern has risen sharply over the survey’s four-year history, directly correlating to both the frequency and cost of cyber attacks.

According to Security Implications of the Smart Grid, a report from Marie Wright, PhD, of Western Connecticut State University, and Robert Billings, Jr., B.A., of Billings Electric, the shift to a smart grid infrastructure means that power companies will be using more IP-based communications and commercial, off-the-shelf technologies.

Twenty-eight percent of respondents say their CISO has made cybersecurity decisions that have led to negative effects on the enterprise’s financial health, including lost business, decreased productivity or impaired service levels.

When the Department of Homeland Security purposefully dropped data disks and USB flash drives in the parking lots of federal agencies and government contractors, 60 percent of the found objects were inserted into an agency or contractor network.

A Twitter user both claimed responsibility for the denial-of-service attack against Sony's PlayStation Network and also suggested there was a bomb on-board Sony executive John Smedley's American Airlines flight.

In coming months, Tesla will hire up to 30 full-time hackers whose job will be to find and close vulnerabilities in the sophisticated firmware that controls its cars.

 A new report reveals that as a sector, the nation's top schools are at even greater risk for security breaches than retail and healthcare.