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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.  

UPS Stores, a subsidiary of UPS, said o that a security breach may have led to the theft of customer credit and debit data at 51 UPS franchises in the US.

Community Health Systems, which operates 206 hospitals around the U.S., announced today that in a recent data breach hackers stole data on 4.5 million patients, including names, Social Security numbers, addresses, birthdays and telephone numbers. The hackers did not steal information about patients’ medical histories, clinical operations or credit cards.