Though the exact rate is unclear, studies are showing that global IT security spending market is in a long period of growth. Recent data from research firm Canalys shows that spending on IT security is growing at a compound rate of 7% per year, expected to reach $30.1 billion by 2017. But Gartner estimates that [...]
A new survey completed by Experian and Ponemon reveals that 76% of the companies surveyed put cyber security as their biggest concern. As a result, more and more companies are turning to cyber insurance to protect against expensive data breaches.According to Christopher Matthews at The Wall Street Journal, the study found that “31% of companies [...]
It’s back-to-school time – the time of year that most people associate with buying pencils, books and laptops. But it may be time to start considering another topic when heading back to school: helping students check and manage their online presence.Why? First of all – their futures could be at stake. Inappropriate online content about [...]
In international news, a report from the Commons Home Affairs Select Committee has caused UK lawmakers to call cyber crime a “bigger threat than nuclear war,” reported ZDNet. The report found that there’s a lack of police enforcement in preventing cyber criminals from conducing low-level fraudulent attacks.The Independent found in the report that “criminals defrauding [...]
The Center for Strategic and International Studies released a study estimating that cyber crime creates a $100 billion loss to the U.S. economy. Additionally, CSIS reports that as many as 508,000 jobs are lost as a result of this economic loss.Earlier reports, according to The Wall Street Journal, have estimated much higher economic loss, “as [...]
Summer is a prime time for traveling, and travelers are prime targets for identity thieves. Why? Because they typically carry more personal identifiable information with them than usual, including passports, airline tickets and extra credit cards. Additionally, people on vacation typically travel with more money in their bank accounts, making identity theft a high priority [...]
According to the PCI Compliance Guide, PCI applies to ALL organizations or merchants, regardless of size or number of transactions, that accepts, transmits, or stores any cardholder data. Said another way, if any customer of that organization ever pays the merchant directly using a credit card or debit card, then the PCI DSS requirements apply. [...]
Recent surveys from Europe and the United States show that employees spend up to 30% of their working hours on personal matters. According to Infosecurity Magazine, “all of those non-productive hours could translate to not just lost output, but actual negative equity in the form of malware attacks and hacking incidents.”Kaspersky Lab Expert Kirill Kruglov [...]
The digital world is the real world. Our lives are so connected with the Internet that our online personas tell the world who we are as people, as professionals and as companies. This can be great – the Internet provides an outlet for us to share who we are, connect and grow relationships – but [...]
The need for trained cyber security personnel has risen in the last five years, according to labor market analytics firm Burning Glass. Listings for cyber security positions rose 73 percent in the last five years, which is 3.5 times faster than postings for computer jobs overall. “Yet, despite the need and the job opportunities (more [...]
