Let’s start with the good news. Malicious insider activity is relatively rare. Unfortunately, even though outsiders account for 85 percent of cybersecurity incidents, the damage often is substantially greater when an insider strikes.
In 2014, McAfee Labs expects that Ransomware will proliferate on mobile devices, attacks using advanced evasion techniques will come of age, and social platforms will be used more aggressively to target the finances and personal information of consumers, and the intellectual property and trade secrets of business leaders.
Security experts at Unisys Corporation predict that the coming year will usher in broad-based adoption of encryption as enterprises respond to recent disclosures that unencrypted data traffic inside enterprises is vulnerable to detection from outsiders.
The World Federation of Exchanges launched a cyber security committee to collaborate on finding the most effective ways to protect the global capital markets from cyber crime, Reuters reports. The Cyber Security Working Group will be chaired by Mark Graff, chief information security officer at Nasdaq OMX Group, and vice-chaired by Jerry Perullo, who heads information security at Intercontinental Exchange Group, and the committee is made up of members from dozens of exchanges and clearing houses, the article says.
Kroll's annual Cyber Security Forecast highlights seven trends identified by Kroll and suggests that a changing tide in cyber standards, both social and legal, will require organizations to take stronger actions and safeguards to protect against reputational, financial and legal risks in 2014.
Mobile shopping is expected to increase dramatically this holiday season – mobile commerce spending on smartphones and tablets in the U.S. increased $5.8 billion in Q3, however, during the same period, mobile malware threats increased 26 percent, making consumers more than more vulnerable to mobile cyber attacks.
Our special feature this month highlights the Department of Homeland Security's newest agency: the Cybersecurity and Infrastructure Security Agency. Also, this month we highlight the Leander Independent School District's data practices that protect student privacy. Security experts discuss video monitoring, cybersecurity for public-private partnerships, privacy and more.