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Information Security

The number of US data breaches tracked in 2016 hit an all-time record high of 1093, up 40% on the previous year, according to a new report from the Identity Theft Resource Center (ITRC) and CyberScout.

Software AG (Frankfurt TecDAX: SOW) today shared its predictions for the Internet of Things (IoT) in 2017, derived from our expertise, customer insights, and market observations.

A cloud-computing network used by cyber fraudsters to target one million users every week with malware-infected emails has been taken down by law enforcement agencies from more than 30 countries.

At the FCA’s Fighting Financial Crime conference in London on 10th November, Chief Executive Andrew Bailey highlighted the role of regulation in the battle against financial crime. Ray Pompon, Head of Information Security, North America and Asia, at Linedata, offers his thoughts:

Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services, today announced the publication of “DDoS & Cyber Security Insights,” an in-depth research report that provides statistical analysis of the distributed denial of services (DDoS) attack and mitigation data collected through Neustar SiteProtect. The report examines the growth of DDoS attacks during 2016, providing specific insight into multiple attack vectors, such as DNSSEC amplification and Internet-of-things (IoT) botnets.

Russia's central bank says that hackers stole more than two billion rubles (around $31 million) from correspondent accounts this year.

Kaspersky Lab today released a report, Business Perception of IT Security: In the Face of an Inevitable Compromise, revealing the current state of security threats among businesses and how their perception of threats compares to the reality of cybersecurity incidents experienced over the past year, both in North America and worldwide. A top concern of North American businesses and a leading cause of successful cyberattacks in these organizations are also the most important asset: their employees.

Joshua Aaron, the US fugitive suspected of carrying out the largest ever cyber attack on Wall Street, has returned to the US to face trial after hiding out in Russia for more than 18 months.

Swift's European operations forum in Berlin ended where it began, with a high-powered debate on the ability of the world's banks to combat an escalating cyber threat.

Online shoppers want retailers to be transparent and honest if they have suffered a security breach, according to a new UK consumer survey commissioned by NTT Security, the global information security and risk management company. The research, ahead of one of the busiest online shopping periods in the lead up to Black Friday and Cyber Monday and Christmas, also reveals that customers want to know if a site has been hacked or personal data compromised.

CSC (NYSE: CSC) today released its top enterprise IT trends that will shape business in 2017. Dan Hushon, CSC’s chief technology officer, has identified six trends around the philosophy of “DevSecOps” that company leaders need to be thinking about to drive digital transformation.

The Internet Society has released the findings of its 2016 Global Internet Report in which 40% of users admit they would not do business with a company which had suffered a data breach.

Sberbank and Alfabank are among several Russian financial services firms to have been bombarded with DDoS attacks this week, according to internet security firm Kaspersky.

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