Data breaches and high-risk vulnerabilities continue to dominate

  • 12 August 2014
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By: HNS Staff/ Posted on 12 August 2014
 
Cyber threats, data breaches and high-risk vulnerabilities have continued to dominate the first half of 2014. The severity of these attacks intensified against financial and banking institutions as well as retail outlets, according to Trend Micro.


http://www.net-security.org/images/articles/trendmicro082014.jpg
Total attacks have exposed more than 10 million personal records as of July 2014 and strongly indicate the need for organizations to adopt a more strategic approach to safeguarding digital information.

 
Help Net Security/ Full Article Here/ http://www.net-security.org/secworld.php?id=17248

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The following article is a update on Data Breaches

(Data breaches rise as cyber criminals continue to outwit IT)

By George V. Hulme
CIO | Sep 29, 2014
 


 
 
 
Online criminals remain at least one step ahead of many IT groups, according to this year's "U.S. State of Cybercrime Survey," conducted annually by CSO magazine, the Secret Service, the Software Engineering Institute at Carnegie Mellon University, and PricewaterhouseCoopers. Deterrence and detection are both falling short of their goals: The 500 survey respondents faced an average of 135 security incidents last year, and 34 percent say that number was up compared to the previous year. Just one-third of respondents could estimate losses from their breaches; among those who could, the breaches cost $415,000, on average. Legal liabilities and lawsuits after breaches add to the costs.
 
Part of the problem is that only 38 percent of companies have established a way to prioritize their security investments to focus on actual risks and the repercussions they bring.
 
 
InfoWorld/ full article here/ http://www.infoworld.com/article/2687911/security/data-breaches-rise-as-cyber-criminals-continue-to-outwit-it.html

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