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.
With the growing visibility around cyber breaches, there is now a heightened sensitivity among corporate boards and executive teams as they become more engaged in the management of cyber risk, and its ability to impact their business and personal indemnity.
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.
A key factor in establishing trust is the presence of a Security Operations Center (SOC). The SOC is charged with monitoring and protecting many assets, such as intellectual property, personnel data, business systems and brand integrity.
The Security Industry Association (SIA) has opened registration for its annual public policy and government security technology conference, SIA GovSummit.
A study by Ponemon Institute and sponsored by IBM Resilient has found that 77 percent of respondents admit they do not have a formal cyber security incident response plan (CSIRP) applied consistently across their organization.
In August 2017, a petrochemical company with a plant in Saudi Arabia was hit with a cyberattack aiming not to simply destroy data but to sabotage the firm’s operations and trigger an explosion.
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