A new report says that cybercrime costs businesses close to $600 billion, or 0.8 percent of global GDP, which is up from a 2014 study that put global losses at about $445 billion.
According to new research by Venafi, even though SSH keys provide the highest levels of administrative access, they are routinely untracked, unmanaged and poorly secured.
New data from Jumio revealed that online fraud, which had been steadily increasing globally between 2014 and 2016, dropped 17 percent in 2017. During the holiday shopping period of Black Friday through Cyber Monday, fraud dropped 33 percent.
For the first time in recent years, credit card fraud -- which remains the highest fraud type for online retailers -- has dropped from 59 percent of total fraud found in the 2016 holiday week to 42 percent of total fraud found in 2017 the holiday week.
Dave Aflalo has protected Presidents of the United States, nuclear power plants and CEOs. Over a 35-year career, his work has spanned the industry spectrum and has included senior leadership roles ensuring security and safety in both the public and private sectors.
U.S. credit reporting agency Equifax has confirmed that an Apache Struts vulnerability exploited in the wild since March was used to breach its systems and cause possibly one of the worst leaks of highly sensitive personal and financial information.
Since the late ‘90s in Canada, bank robberies have been on a decline; between 1998 and 2008, such incidents decreased by 38 percent, according to a report by Statistics Canada.
Something potentially groundbreaking is happening in New York, and its impact is being felt globally. Still, if you’re not in the financial services industry, and specifically regulated by the New York State Department of Financial Services (NYDFS), you may have missed it. What is this change? In short, it’s the first of what may become a wave of stringent state cybersecurity regulations that impose “minimum standards” on industry.
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