While organizations wrestle with the issue of whether to pay or not to pay if they are impacted by ransomware, Logicalis US suggests CIOs focus on how to protect, thwart and recover from a potential attack.
The US FBI is asking businesses that are impacted by ransomware to report the attacks to federal law enforcement so that the agency can gain a more comprehensive view of the current threat.
Akamai Technologies has published its Second Quarter, 2016 State of the Internet / Security Report. The report, using data gathered from the Akamai Intelligent Platform, highlights the cloud security landscape, specifically trends with DDoS and web application attacks, as well as malicious traffic from bots.
The US National Institute of Standards and Technology (NIST) is requesting comments about the draft Baldrige Cybersecurity Excellence Builder, a self-assessment tool to help organizations better understand the effectiveness of their cybersecurity risk management efforts.
Despite increasing levels of boardroom ownership, many UK firms are still failing to estimate the financial impact of a cyber attack or assess their suppliers and customers for cyber risk, according to research by Marsh.
The Central Bank of Ireland (Bhainc Ceannais na hÉireann) has published guidance on IT risk management and cyber security for financial services firms and warned that cyber risks are now a key concern.
The Corporate IT Security Risks 2016 study, conducted by Kaspersky Lab and B2B International, shows that for the majority of victims, DDoS attacks are not a one-off occurrence, with many companies subjected to multiple attacks in the last year.
US airline Delta has revealed that the total cost of its recent five-hour IT outage, which saw over 2,000 flights either cancelled or severely delayed over a three-day period in August, was approximately $150 million USD. This figure shows how much of an impact even a small amount of IT downtime can have on an organization
Juniper Research has released a report into the business attitudes towards and experiences of cyber security and cyber attacks in SMEs and enterprises. The research revealed that three quarters of companies feel they are currently secure, even though half of those businesses also reported having previously experienced a cyber attack.
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
