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Larger Companies Most At Risk From Cyberattacks


New research from IT penetration test specialist Coalfire has revealed that midsized businesses are outperforming their larger competitors as a result of a security 'sweet spot'. Its first annual Coalfire Penetration Risk Report reveals that although larger enterprises have bigger budgets and resources, they are not the best prepared to protect against cybercrime.

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Cyberattacks Increase as IT Security Budgeting Remains Static


More than 90 percent of healthcare organisations have experienced a data breach since the third quarter of 2016, and nearly 50 percent have had more than five data breaches during the same timeframe, according to a recent report from Black Book Research.

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US imposes new Russia sanctions over cyber-attacks


The American government has imposed sanctions on five Russian companies and three Russian individuals for allegedly aiding Russia's main intelligence agency. A spokesman for the US Treasury said the measures were to counter "malicious actors" working to "increase Russia's offensive cyber-capabilities".

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Wannacry Just A Warning Says Cybersecurity Expert


The Wannacry ransomware attacks in 2017 was not a proper attack but someone sending a warning to the world about what they could do. This is the view of Misha Glenny, journalist, author and international expert on cyber and information security issues talking at a conference in Leinster. Glenny also warned of the effect of Brexit and cybersecurity in the western world.

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Large Global Companies Boosting Cybersecurity Spend - Kaspersky


International organisations will spend up to 26 percent more for cybersecurity in 2018, as the average cost of a data breach is now estimated to be $1.23 million for large companies (up 24 percent from 2017) and $20,000 for small and medium businesses (up 36 percent from 2017), according to Kaspersky Lab’s annual corporate technology risks survey.

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Last year saw 200 million cyber attacks hit Taiwan's military networks


If anyone has any doubts over the scale of cyberattacks, you only have to look to the Far East. Taiwan's military and military-associated networks combined were attacked by Chinese hackers more than 200 million times in 2017 alone, according to a report in Liberty Times. The number of attempted attacks against these networks amounted to hundreds of millions each year between 2014 and 2017.

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New Wave Of Iranian Cyberattacks Could Follow Nuclear Rejection


President Trump’s decision to withdraw from the nuclear deal with Iran may escalate the risk of confrontation of another kind: in cyberspace. Former government officials and security experts say reinstating sanctions on the country could lead Tehran-backed hackers to retaliate against the West after several years of relative quiet

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Financial Services Companies Ramp Up Cybersecurity


Growing fears of cybercrime are prompting financial services firms to ramp up their spending on security, according to research from Lloyds Bank Commercial Banking. Of more than 100 senior execs quizzed, 87% have become more concerned about cyber-risks over the last year, with nearly a quarter becoming significantly more worried.

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US Unprepared For Cyber Threats


The United States is badly unprepared for cyber threats. This is the stark message from Senator Mark Warner talking at SXSW festival where he stated it’s time to consider the liability of tech platforms and software makers.

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Digital Transformation Puts Data Privacy At Risk


Changes to working practices using new technologies may be causing issues with data privacy and new regulations, a new report from Ernst and Young has warned. The company says that open and connected business models are likely to result in increased exposure to cyber threats and ransomware.

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NHS Could Have Prevented Wannacry Ransom Attack


Last May's Wannacry attack which crippled the UK's National Health Service was a relatively simple attack and could have been prevented by the service following basic IT security best practice. Figures released by the National Audit Office reveal that the ransomware attack affected 45 NHS organisations including 37 trusts on the first day and at least 81 out of 236 trusts across England, 595 GP practices, and 603 primary care and other NHS organisations were impacted during the course of the campaign.

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Mobile Users' Blind Trust In Apps A Cause For Concern


Most mobile app users blindly trust that the apps they download from app stores are safe and secure. But that isn’t the case. Douglas Maughan, who heads up the Department of Homeland Security’s Science and Technology division, tells FOX Business that most mobile apps aren’t vetted.

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