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Organisations spend an average of 5.6 per cent of the overall IT budget on IT security and risk management, according to the most recent IT Key Metrics Data from Gartner, Inc. However, IT security spending ranges from approximately 1 per cent to 13 per cent of the IT budget and is potentially a misleading indicator of programme success. "Clients want to know if what they are spending on information security is equivalent to others in...

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New research from Loudhouse, commissioned by 4D, the cloud, connectivity and colocation provider, reveals that 87% of IT decision makers working in UK businesses have not considered data location and sovereignty in a post Brexit world. With no clear path to leave the EU or set timings of when Article 50 will be evoked, especially since the High Court ruling which may or may not be overturned, 50% of businesses are consciously delaying IT decisions...

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Members from Devon and Cornwall Police, Police and Crime Commissioner Alison Hernandez and the south west’s business community came together at an event at the Exeter Science Park on Tuesday 6th December, as the region takes a major step forward in the fight against cyber-crime. Organised by the South West Cyber Security Cluster (SWCSC) alongside Devon and Cornwall Police, the event saw a range of business people and representatives gather together to discuss prevention techniques...

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Large terabit-scale DDoS attacks will continue to wreak havoc and become a regular occurrence in 2017 unless Internet Service Providers harden their DDoS defenses, according to 2017 predictions from Corero Network Security (LSE: CNS), a leading provider of real-time security solutions against DDoS attacks. With 2016’s rear-view mirror showcasing significant new high-volume attacks, Corero’s threat predictions for 2017 include: Terabit-scale attacks to become the new norm, impacting ISPs and the Internet backbone itself Novel zero-day...

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A new online service, which alerts you if your sensitive personal information is leaked online, has launched today in the UK. OwlDetect gives you the power to scan the ‘Dark Web’ - the anonymous collection of encrypted websites most commonly used for illegal trading - for almost any piece of personal data that might have been leaked or stolen during a cyber-attack. This includes email addresses, debit or credit cards, bank details and even passport...

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Millions of accounts associated with video-sharing site Dailymotion, one of the biggest video platforms in the world, have been stolen. A hacker extracted 85.2 million unique email addresses and usernames from the company's systems, but about one-in-five accounts -- roughly 18.3 million-- had associated passwords, which were scrambled with the bcrypt hashing function, making the passwords difficult to crack. The hack is believed to have been carried out on Oct. 20 by a hacker, whose...

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data breach

Silicon Valley analytics firm FICO today announced impressive results for its FICO® Enterprise Security Score, which assesses the forward-looking cybersecurity risk of trusted third parties and business partners. The company’s research shows that its score is twice as accurate as competing scores in terms of forecasting the likelihood that a company will suffer material data loss from a breach. More information: http://www.fico.com/en/products/fico-enterprise-security-scoring “The goal of any predictive model in this category is to maximise the...

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A start-up business based in San Diego has generated significant interest lately due to its recent acquisition of $8.8 million in funding. Known as AttackIQ, the firm specializes in cybersecurity. The fundraising feat concludes the company’s Round A of funding, which stretched across the past few years. Meeting a Defined Need            Statistically, nine out of 10 startups fail. That fact alone is intimidating enough to make even the most determined entrepreneurs have second thoughts about...

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Tenable Network Security®, Inc., a global leader transforming security technology for the business needs of tomorrow, released findings today from the 2017 Global Cybersecurity Assurance Report Card, in which the world’s information security practitioners gave global cybersecurity readiness a “C-” average with an overall score of 70 percent. The 2017 Global Cybersecurity Assurance Report Card solicited insights from 700 security practitioners in nine countries and across seven industry verticals to calcww.tenable.com/2017-reporulate a global index score reflecting overall confidence...

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The prpl Foundation and the IoT Security Foundation (IoTSF), two influential not-for-profit organizations working to promote security and openness in the Internet of Things (IoT), today announced that they have entered into a formal agreement to cooperate on projects that put ‘security by design’ into the IoT.  One element of the collaboration, around the IoTSF Self Certification Working Group, will be discussed tomorrow in London at the IoTSF Conference 2016 entitled Building an Internet of Trust. ...

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