Editor's News

With cybercriminals costing the global economy £345 billion last year alone, Digital threat management leader RiskIQ has examined the growing volume of malicious activity on the Internet to reveal the inaugural ‘Evil Internet Minute’. In a single evil internet minute, close to £656,393 is lost to cybercrime and 1,080 people fall victim. Despite businesses’ best efforts to guard against external cyber threats, spending up to £109,942 in 60 seconds, bad actors continue to proliferate online....

IT professionals believe that compliance and regulation and the unpredictable behaviour of employees will have the biggest impact on data security according to a new Concensus survey* commissioned by independent global data security specialist, HANDD Business Solutions (HANDD).   The findings are launched alongside HANDD’s new Advisory Paper – ‘Securing the Journey of Your Data’ – which tackles the issue of data protection and provides organisations with an insight into the challenges and solutions associated...

The Cisco® 2017 Midyear Cybersecurity Report (MCR) uncovers the rapid evolution of threats and the increasing magnitude of attacks, and forecasts potential “destruction of service” (DeOS) attacks. These could eliminate organizations’ backups and safety nets, required to restore systems and data after an attack. Also, with the advent of the Internet of Things (IoT), key industries are bringing more operations online, increasing attack surfaces and the potential scale and impact of these threats.   Recent...

Two in five retailers across the globe have experienced a data breach in the past year, according to the 2017 Thales Data Threat Report, Retail Edition, released today.   The report, issued by Thales, a leader in critical information systems, cybersecurity and data security, in conjunction with analyst firm 451 Research, reveals that a staggering 43 percent of retailers had experienced a data breach in the last year, with a third (32%) claiming more than...

The role of the Chief Information Security Officer (CISO) is a comparatively new one in both the IT industry and enterprise. Yet, CISOs are arguably the most important technology stakeholder working in businesses today — dealing with a myriad of risks, threats, breaches, policies, regulations and user behaviour. These responsibilities are as complicated as they are important, and CISOs can often find themselves isolated and operating outside of the usual and well-understood aspects of corporate...

One in three (32%) security professionals lack effective intelligence to detect and action cyber threats, according to a new survey* from Anomali, the provider of market-leading threat intelligence platforms. The results also revealed that almost a quarter (24%) believe they are at least one year behind the average threat actor, with half of this sample admitting they are trailing by two to five years. This confirms that many organisations are not adequately mitigating cyber risks,...

New research by leading information security company Clearswift shows how attitudes to cyber security have changed in the boardroom and among staff in the wake of the recent WannaCry attack, surveying 600 business decision makers and 1,200 employees across the UK, US, Germany and Australia.   Within a day the WannaCry attack, which affected major organisations including the National Health Service (NHS), was reported to have infected more than 230,000 computers in over 150 countries,...

As the global managed services market is expected to reach £187 billion by the end of 2022, cybersecurity is no longer seen as a separate or optional function among MSPs. Instead, it has become an integral part of the IT services they deliver — with customer satisfaction, and the ability to keep security incidents to a minimum, among key performance indicators. But the challenges of these services – high costs, lack of qualified cybersecurity staff...

The cost of recovering from of a security breach for UK organisations has been estimated in a new report launched today by NTT Security, the specialised security company of NTT Group. The 2017 Risk:Value report, the company’s third annual study of business decision makers’ attitudes to risk and the value of information security to global organisations, reveals that a UK business would have to spend £1.1m ($1.4m) on average to recover from a breach –...

Sonatype, the leader in software supply chain automation, today announced the release of its third annual State of the Software Supply Chain Report. This year’s report highlights risks lurking within open source software components and quantifies the empirical benefits of actively managing software supply chain hygiene.   Organizations that are actively managing the quality of open source components flowing into production applications are realizing a 28 percent improvement in developer productivity, a 30 percent reduction...