Study finds cyber crime as costly as ever

Study finds cyber crime as costly as ever

Hacking continues to be a costly problem for US businesses, according to a Ponemon Institute report released in October 2012.  For each the businesses and organizations studied, the average cost of cyber crime is $8.9 million annually, an increase of 6% from last...

White House targeted in “spear phishing” cyber attack

The White House was the victim of a cyber attack last month, but the perpetrators apparently failed to extract any information.  A conservative news web site, the Washington Free Beacon, broke the story, reporting that hackers linked to the Chinese government...

Nation’s big banks cyber attacked

September was a bad month for some of the nation’s biggest banks, as their web servers were hit with a large-scale assault by well-armed cyber attackers.  Bank of America, Citigroup, JPMorgan, PNC Financial Services Group, US Bancorp, and Wells Fargo – financial...
Lessons learned from LinkedIn breach

Lessons learned from LinkedIn breach

As you may have heard by now, LinkedIn notified its users last week that it had been hacked.  Out of about 150 million users, approximate 6 million had their passwords stolen and posted on a hacker web site.  The breach of the social networking giant should come as no...

FEMA: Government, businesses vulnerable to cyber attacks

The nation is woefully unprepared for a major cyber attack, according to a new report released by the Federal Emergency Management Agency (FEMA).  Among 31 core capabilities identified as key for disaster responsiveness, cyber security came in dead last, with a...