Data Breach

My perspective on the outlook for cyber initiatives is quite different heading into the New Year than in past years.

While there are always budgetary uncertainties and looming cuts in government IT spending, this year, we face an unprecedented financial uncertainty as our nation stands on the edge of a fiscal cliff. That will impact not only the resources we have to invest in technology, but how people work and live. Keep reading →

A new report on data breaches and cyber crimes highlights a disturbing rate of intellectual property theft, much of which happens from within organizations, making it increasingly difficult to protect against across a range of industries.

The “Verizon 2012 Data Breach Investigations Report,” due to be released by Verizon on Wednesday, pulls together analysis from the U.S. Secret Service, the Dutch National High Tech Crime Unit, the Australian Federal Police, the Irish Reporting & Information Security Service and the Police Central e-Crime Unit of the London Metropolitan Police. Keep reading →

The Ministry of Defence Main Building in London.

Information became public last week about another successful cyber attack. While that has become the norm, what makes this different is that this successful attack hit the UK Ministry of Defence’s Top Secret System. Keep reading →

NEW YORK (CNNMoney) — Anonymous and other “hacktivist” groups rose to new prominence in the cybercrime universe last year, and a new report shows that they made some serious mischief.

Verizon’s (VZ, Fortune 500) annual Data Breach Investigations Report, released Thursday, found that hacktivist groups were responsible for 58% of all data stolen last year. The telecom giant compiled data breach information from its customers and from law enforcement agencies in five countries. Keep reading →

Negligent insiders are the leading cause of data breaches at U.S. companies and public sector agencies, according to a new study by the Ponemon Institute. At the same time, malicious or criminal attacks are on the rise and are more costly to organizations than data breaches triggered by employees or system glitches, according to the study.

In its report, the 2011 Cost of Data Breach Study, the Michigan-based research organization found that 39% of data breaches in the U.S. involved employee negligence. Keep reading →