A new report has found that mid-market companies — those with 500 to 999 employees — suffer greater losses when hit with a cyberattack than smaller or larger firms. “White Hat, Black Hat and the Emergence of the Gray Hat: The True Costs of Cybercrime,”...
Automakers trying to keep their trade secrets from unwanted eyes saw those efforts hurt after a security researcher found tens of thousands of corporate documents sitting on the internet for anyone to access. According to a report in The New York Times, the information included...
New rules may loom for technology providers pertaining to privacy — on a national level. As reported last week by the Information Technology Industry Council (ITI), the trade group — which counts Google and Microsoft among its members — wants to see a quickening in the pace of privacy rules...
One bank says it warned Ticketmaster about a malicious software breach that leaked the personal information of tens of thousands of customers months before the company alerted the public. Last month, Ticketmaster U.K. revealed that it had identified malicious software on a customer support product, hosted...
Liberty Holdings’ CEO said its customers have not suffered any financial losses so far after the company was hit with a cyberattack over the weekend. “To be clear, at this stage there is no evidence that any of our customers have suffered any financial loss....
Goldman Sachs is using cyber security war games so that its technology staff will better learn how to fight and prevent threats that could harm the bank and its clients. According to the Financial Times, Goldman is the first financial institution to sign up with U.K.-based Immersive...
U.S. software company Verint Systems, Inc. is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. The Wall Street Journal reported that Verint has offered to pay NSO’s controlling shareholder, San Francisco-based private-equity firm Francisco Partners, with its...
The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a “massive cyberattack,” according to a report in The Wall Street Journal. The FBI move came after Cisco Systems Inc. and authorities from the United...
International expansion is on tap for CUJO, a U.S.-based company whose artificial intelligence-powered software platform enables in-home network security for network operators, after a Series B funding round. “This investment round will help CUJO AI meet growing international demand, particularly in North America, Europe, and...
