Not a day seems to go by without news of another data breach or cyber security threat hitting the headlines. From Talk Talk and Tesco to Adidas and even Fortnum and Mason, no organisation is safe. That’s without mentioning wider issues around how organisations are using people’s data. Facebook and Cambridge Analytica have been under the spotlight, and Google also recently confirmed that private emails sent and received by Gmail users can sometimes be read by third-party app developers, not just machines.When it comes to cyber security and data privacy, there are almost endless scenarios to consider. While cyber attacks and breaches are often referred to in the same way, there are actually many different types of threat, that all access and attack systems in various ways. Added to this, they are all constantly evolving to stay one step ahead of attempts to thwart them.As such, the term ‘know your enemy is key’. From phishing, spear-phishing and whaling, … [Read more...] about Cyber security and data privacy: what are you over-looking?
Gartner cyber security
According to Gartner, global spending on enterprise security will top $96 billion this year, representing an 8% rise from 2017. A primary driver behind the burgeoning investment in security services – and the trend towards outsourcing to specialists – is undoubtedly the rising fear of data breaches and cyber attacks. Cyber crime is reaching new levels of sophistication at the very time when consumers are becoming more aware of the value and security of their data. Combined with the new EU General Data Protection Regulation (GDPR) and its threat of financial penalties, it’s clear that the security stakes are high for today’s digitally-driven enterprise. It’s no surprise, then, that companies are keen to explore the latest tools and techniques to test their security posture and help them avoid a data security lapse that could prove costly from a financial, reputational and commercial point of view. In my experience, security testing is rising swiftly up … [Read more...] about Cyber security and the growing role of red teaming
Along with the expansion of the digital universe, cyber-security investments have been climbing, reaching $86.4 billion in 2017, according to market research from Gartner. Although expenditures have constantly risen in the past decade and are poised to surpass $100 billion by 2020, the overwhelming majority of Chief Information Security Officers (CISOs) are concerned about keeping up with the rising threats as their organizations roll out digital strategies.According to ServiceNow’s Global CISO Study, a mere 19 percent of some 300 CISOs across a variety of industries felt their organizations were highly effective at preventing a security incident. Eight out of ten CISOs are highly concerned that breaches are going unaddressed. Even worse, another 78 percent are worried about their ability to detect a breach in the first place. Here are six reasons why.1. Lax risk managementDigitally astute organizations are building immense data silos and a third platform in an effort to reinvent … [Read more...] about 6 reasons why organizations need to boost their cyber-resilience
Siemens has formed a consortium of giant companies to form a community of trust to build greater cyber security. The major industrial and tech allies in the consortium include Airbus, Allianz, Daimler Group, IBM, MSC, NXP, SGS, and Deutsche Telekom. Those companies believe that cybercrime is getting out of hand and they need to band together to protect both digital assets and physical assets — from data centers to power plants. The companies will sign the Charter of Trust at the Munich Security Conference today in Germany. Siemens CEO Joe Kaeser said in an interview with VentureBeat that his company has 460 factories around the world, with many of them in China. His company needs to keep the data safe, and it has to comply with data laws in various countries. He can’t bring some of that data out of China. “I need to know how these factories are doing no matter where I am,” he said. “I have to access my data wherever I am. But we also have to keep this data … [Read more...] about Siemens builds consortium of powerhouses for a community of cyber trust
(Reuters) — Alphabet Inc launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing. The new unit, dubbed Chronicle, is betting on the premise that machine learning software, a type of artificial intelligence, can sift and analyze massive stores of data to detect cyber threats more quickly and precisely than is possible with traditional methods. Stephen Gillett, chief executive of Chronicle and a former top official at the cyber firm Symantec Corp, said access to Google’s expertise in automated data analysis would give the company an edge. Alphabet’s big cash pile and existing customer relationships also make Chronicle a threat to security tools vendors such as Symantec, Palo Alto Networks Inc and Cylance Inc. The global cyber security market is worth nearly $100 billion, according to market researcher Gartner. But analysts note that … [Read more...] about Alphabet unveils Chronicle, a security company that uses big data to detect vulnerabilities