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Hackers managed to steal more than 61 million records from retailers in 2014, even though the overall number of cyber attacks dropped by 50 percent.
Increasing security breaches indicate that any data, once online, will never be completely safe from theft and malicious attacks, so enterprises and users may be better off focusing on risk mitigation.
Windows 10 will build in standards-based two-factor authentication to every device, effectively neutering most phishing attacks and password database breaches. The company also announced new features aimed at securing corporate machines from malware attacks and data leaks.
Hotels, retailers, and restaurants really need to lock down their point-of-sale systems, but don't have to sweat Web app attacks as much as financial services companies do.
A confidential U.S. government report indicates that the Target data breaches were tied to a broader effort against retailers. New malicious software called KAPTOXA led the attacks.
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Cisco says credit card data is more susceptible to interception while stored at the point-of-sale terminal, thus leaving the door open for attacks like the one on Target.
Their average financial loss through security breaches in 2013 was US$1.8 million, above the Asia-Pacific average of US$1.6 million, according to PricewaterhouseCoopers.
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In spite of high-profile data breaches and the potential business impact of cyber attacks and data loss, small and midsize organizations are still not making cyber security a priority. Sophos and the Ponemon Institute recently released a report, Risk of an Uncertain Security Strategy, that highlights the need to make security a key priority.
Hortonworks' VP of Corporate Strategy attacks CIOs' Big 4 questions on Big Data.
Espionage campaigns seek data that furthers national interests, such as military or classified information, economy-boosting plans, insider information or trade secrets, and technical resources such as source code.
Chinese IP addresses account for 30 percent of data breaches worldwide last year and 96 percent of these attacks were made for online espionage purposes, according to a Verizon study.
Following several other high-profile attacks this week, Twitter confirms that hackers had access to personal data for more than 250,000 of its users.
Networks that use big data to automatically adapt and reconfigure themselves in response to attacks could be just around the corner.
Major U.S. banks continue to be hit by online attacks. Capital One is the latest to be hit by a denial of service attack, though the bank said customer data is thought to be safe.
Cybercriminals are distracting banks and other businesses with a DDoS attack while they quietly lay siege to sensitive data on the network, which they can use for credit card cloning and other fraud.
Hackers can leverage high speed and data capacity of LTE networks to perpetrate distributed denial-of-service attacks on networks, and also target data on mobile devices.
Corporate data, supply chains remain vulnerable to cyber crime attacks, says Open Group conference speaker
The countries that are adept at cyber, but whose economies are relatively undeveloped compared to ours, are at a big advantage, because they're not very lucrative targets for this kind of thing, and we are.
Microsoft has patched a number of software flaws that could have led to information-stealing attacks by Duqu malware, according to security company Qualys.One of the critical 'Patch Tuesday' bulletins, MS12-034, addressed multiple Microsoft products that were vulnerable to the Duqu data-stealing malware, Qualys chief technology officer Wolfgang Kandek said in a statement on Tuesday.
UK information security incidents are at an all-time high, and are costing UK businesses billions per year, according to auditing house PricewaterhouseCoopers.Hacks, attacks, and insider data mistakes cost the UK between £5bn and £10bn last year, according to PwC One Security partner Chris Potter — who added the proviso that the figure needed to be taken with a pinch of salt due to difficulties in quantifying that kind of loss.
Companies need to change mindset of protecting physical endpoints, to access to corporate information as data is today's "cyber currency" and subject to increased attacks, Trend Micro CEO states.
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