Hackers are outpacing and adapting their techniques at a faster pace than defenders, and nearly half of all cyberattacks are resulting in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs.
Forty-one percent of investors and analysts are now extremely concerned about cyber threats, ranking it as the largest threat to business, according to the PwC Global Investor Survey 2018.
As part of the Consolidated Appropriations Act of 2018, Congress is reauthorizing and restoring funding for school safety grants administered by the U.S. Department of Justice. The new law provides $25 million immediately for school security technology equipment, in addition to emergency communications systems and other coordination with law enforcement to enhance response capabilities.
McAfee unveiled two new state-of-the-art cyber and physical security operations centers (SOC), named the McAfee Security Fusion Centers, located in Plano, Texas and Cork, Ireland.
In February, Chicago Mayor Rahm Emanuel announced a plan to upgrade security cameras and add new ones at Chicago Transit Authority (CTA) stations and bus turnarounds, which would be funded by a fee hike for Uber and Lyft ride-sharing services.
Atlanta city employees coming to work this morning were handed an unusual notice: don’t turn on your computers. The municipal systems had been hit with a ransomware attack on Thursday, and employees were not to use their computer until they were cleared by the municipal IT group.
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