Cybersecurity is key in any business because cyber attacks are a daily occurrence and when an organization is breached, millions to even billions of dollars is lost due to lawsuits, fines and loss of revenues and regaining customer trust? Well, that could take years to build back…if ever. Because of this, I believe that one of the biggest trends to impact cybersecurity in the coming year is the growing importance for organizations to view cyber risk as a measure of business risk because cybersecurity is no longer just the responsibility…
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Dropbox hack leaks 68m user passwords on the internet
Online cloud storage firm Dropbox has been hacked, with over 68m users’ email addresses and passwords leaked on to the internet. The attack occured in 2012. At the time Dropbox reported a collection of user’s email addresses had been stolen. It did not report that passwords had been stolen as well. The dump of passwords came to light when the database was picked up by security notification service Leakbase, which sent it to Motherboard. The independent security researcher and operator of the Have I been pwned? data leak database, Troy…
Read MoreIncreased Potential For Cyber-Crime Attacks In Africa
There is potential for increased cyber-crime attacks in Africa as cyber-criminals target mobile devices, Techmoran reports. This deduction comes from the quarterly analysis of the global Threat Index by Check Point® Software Technologies Ltd which also revealed deep disparities in the threat environments in Africa. African countries that were highly ranked in the index include Namibia and Malawi which were second and fourth positions respectively and Nigeria which had moved up two positions from the 18th to the 16th. Kenya, on the other hand had dropped from the 45th position to the 69th…
Read More25% internet users’ account hacked in 2015 says Kaspersky Lab Report
MUMBAI: If you are on the internet, chances are that your Gmail, Facebook or Twitter account was hacked in last few months. According to a latest research by Kaspersky Lab study one in four internet users had at least one of their online accounts hacked. In most cases unauthorised messages were sent out in the users’ name with a malicious link included and the loss or theft of personal data, the study said. According to another study by the lab just about 38% of the users create strong passwords and…
Read MoreThe Price Of Ignoring Your Privacy & Internet Security
Social Media, cloud based networking, streaming video services, all modern applications of all forms of Technology, even down to basic consumer level implementations such as your operating system and instant messenger, are dual edged swords. On the one hand, high tech engineering in combination with communications technology such as the internet, are an asset to the world, simplifying our lives and greatly improving productivity on all levels. On the other, these modern necessities place our personal lives at risk in ways that most would not think to consider. Awareness of…
Read MoreCyber Crime a big cost for small businesses
NEW YORK (AP) — It’s not just big businesses like JPMorgan Chase, Target and Home Depot that get hacked. Small companies suffer from intrusions into their computer systems, too. The costs associated with computer and website attacks can run well into the thousands and even millions of dollars for a small company. Many small businesses have been attacked — 44%, according to a 2013 survey by the National Small Business Association, an advocacy group. Those companies had costs averaging $8,700. JPMorgan Chase (JPM) said the attack on its computer servers…
Read MoreConfronting a new Cold War – on the Internet
Former Secretary of State Hillary Clinton posed the problem precisely: “How do you get tough with your banker?” The exchange was with another diplomat, but the topic was well known: How does the United States stop China from cyberattacks on American businesses, universities and all levels of governments? How do you stop a country intent on disrupting your commerce and your communications when it is a major trading partner, an ally of countless corporations and the nation’s major lender? source
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