Top 5 Cybersecurity Facts, Figures, and Statistics for 2017

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Cybercrime damage costs to hit $6 trillion annually by 2021 Cybersecurity spending to exceed $1 trillion from 2017 to 2021. Unfilled cybersecurity jobs will reach 1.5 million by 2019 Human attack surface to reach 4 billion people by 2020. Up to 200 billion IoT devices will need securing by 2020. What does it all mean? Last year, Ginni Rometty, IBM’s … Read More

As Cybercrime Rises, So Does Spending On Cyber Security

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“Cisco points out that, ‘Cybercriminals have refined their back-end infrastructures to carry out attacks in ways that increase efficiency and profits’ and thus every industry, from financial services to entertainment, is vulnerable to such risks. In 2015, cybercrime ranked as the second most reported economic crime. Increasingly frequent and precision-based cyber-attacks call for a stronger fortification against them. “The global … Read More

Data Breach Scenarios from the Field

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The Verizon RISK Team performs cyber investigations for hundreds of commercial enterprises and government agencies annually across the globe. In 2015, they investigated more than 500 Cybersecurity incidents. They shared some of the details in a recent report of how they solved the cyber crimes. View the PDF report here: http://www.verizonenterprise.com/resources/reports/rp_data-breach-digest_xg_en.pdf

Why J.P. Morgan Chase & Co. Is Spending A Half Billion Dollars On Cybersecurity

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J.P. Morgan lays out its Forward-Looking Statements which are, by their nature, subject to risks and uncertainties, many of which are beyond the Firm’s control. These two statements speak directly to cyber risks: Ability of the Firm to maintain the security of its financial, accounting, technology, data processing and other operating systems and facilities. Ability of the Firm to effectively … Read More

2016 Cybersecurity Skills Gap

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Cyberattacks are growing, but the talent pool of defenders is not keeping pace. Check out this infographic from ISACA. Source: http://cybersecurity.isaca.org The solution is better automation and forensics capability with your hardware. CyberPro has what you need.

Bank of America: ‘Safety and security’ will be a $1.5 trillion industry by 2020

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The cyber realm has never been more dangerous, and no one is completely immune to the dangers stemming from Russian for-profit hackers, the Chinese government, the Iranian Revolutionary Guards Corps, and transnational organized-crime groups. Safety, and anxieties about safety, is turning into a trillion-dollar industry, with cyber as a major looming threat for government, business, and ordinary consumers. Read the … Read More

Biggest cybersecurity threats in 2016

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Headless worms, machine-to-machine attacks, jailbreaking, ghostware and two-faced malware: The language of cybersecurity incites a level of fear that seems appropriate, given all that’s at stake. “Because attackers may circumvent preventative controls, detection and response capabilities are becoming increasingly critical,” advises [research company] Gartner in its report. Read the full article at CNBC: http://www.cnbc.com/2015/12/28/biggest-cybersecurity-threats-in-2016.html Original Author: Harriet Taylor Do you … Read More

Does a data breach really affect your firm’s reputation?

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Research and surveys are showing that breaches always impact the bottom line, but if they are managed and responded to adequately, then cost and brand damage can be significantly reduced. Does your business have a incident response plan in place? Read the full article at Network World: http://www.networkworld.com/article/3019930/security/does-a-data-breach-really-affect-your-firm-s-reputation.html Original Author: Doug Drinkwater