Today’s ‘mega’ data breaches now cost companies $392 million to recover from
The average cost of a “mega” data breach has risen astronomically over the past year and enterprise players impacted by such a security incident can expect to pay up to $392 million. Data breaches are a commonplace occurrence now and cyberattacks launched against companies have …
New cybersecurity technologies needed, says experts
With the acceleration in digitisation spurred by the Covid-19 pandemic, cybersecurity experts from CyberSecurity Malaysia and the Malaysian Digital Economy Corp (MDEC) believe traditional cybersecurity solutions are no longer sufficient, and that investments in new technology must be made. CyberSecurity Malaysia chief executive officer Datuk …
Pandemic Forcing Pentagon to Learn Tough Cybersecurity Lessons
The Navy took some risk in permitting hundreds of thousands of service members and civilian employees to use personal laptops and cell phones at home during the COVID-19 pandemic to transact normal business, the service’s top cybersecurity official said. But allowing the use of personal …
The Cyberattack on Garmin Poses a Complicated Question for the U.S. Government
People first started noticing something was wrong with Garmin midway through last week when they weren’t able to use the company’s GPS-enabled devices to upload workout data. Then reports started rolling in that several of Garmin’s other GPS devices and services, including its flight planning …
Army takes new steps to stop hackers
The U.S. Army is working to both leverage the advantages of cloud migration and simultaneously ensure data security, taking on what could be characterized as a paradox. Cloud migration, which is expanding throughout the service at lightning speed, naturally brings a host of previously unprecedented advantages such …
Cybersecurity As We Know It Is About To Change
Pundits across the world have set their sights on a post-pandemic future, arguing that a new normal is about to descend upon us. While I recognize much of what the future holds is ambiguous, I believe there is an area that will become our inevitable …
Why outages are as serious as cyber threats
Modern business ceases to function without IT. More precisely, it’s data that keeps the wheels turning, across all kinds of industries. Whether being able to co-ordinate resources, respond to customer demands, or gather market-leading intelligence, none can happen without being able to keep the lights …
Data Security: What is it?
A data security framework is essential for all businesses. Today, we do a lot online, and the rise in digitization and networked business activities has created unprecedented amounts of data. Unfortunately, more data means more opportunities for it to be lost, corrupted, sabotaged, or stolen, …
Current cyber-environment calls for proactive approach
The conventional wisdom on cyber-security is to play defense and respond quickly to breaches. But can your organization be proactive? Perhaps it is extreme to pay “white hat” hackers to probe vulnerabilities in your organization’s computer network. Or to pay for a monthly report that …
Governments See Cybersecurity as an Opportunity to Develop Hi-tech Ecosystems
Israel’s startup era was a result of a geographically small country that had limited trade with its neighbors. From the early days of what we now call cybersecurity, Israel’s government has invested in its people to develop leading technologies that focus on keeping its citizens safe. Israeli …