Keyword
data breach
90% of global consumer product companies have experienced data breach, almost half not complying with regulations: Capgemini report
July 14, 2016 by Canadian UnderwriterNine in ten global consumer product (CP) companies have faced a data breach and nearly one in two do not company with industry regulations, research from Gapgemini has found. The consulting, technology and outsourcing services firm conducted a global survey…
Malware an increasingly efficient, effective way to perpetrate data breaches
June 28, 2016 by Angela StelmakowichEverything is going automatic – and those looking to perpetrate data breaches with malware are no different – emphasizing the need for individuals and organizations to be better prepared to keep the cyber door closed to potential threats. With the…
VerticalScope, online forum operator, hacked; says it’s beefing up security
June 20, 2016 The Canadian PressTORONTO – VerticalScope, a Toronto-based company that operates hundreds of websites and online forums, was the victim of a hacker earlier this year who stole millions of user records. “We believe that any potential breach is limited to user names,…
Data breaches detection, escalation costs highest in Canada: global IBM/Ponemon report
June 16, 2016 by Canadian UnderwriterDetection and escalation costs related to data breaches were the highest in Canada and lowest in India, note findings of a new global survey released Wednesday. “The average detection and escalation costs for Canada was US$1.60. In contrast, the average…
Cyber security awareness training critical for businesses, data breaches changing online behaviours
May 27, 2016 by Canadian UnderwriterEmployees need to become advocates of cyber security to reduce associated risks and help better protect the businesses for which they work, suggests Joe Ferrara, president and CEO of Pittsburgh-based Wombat Security Technologies. “Security awareness training has become a business-critical…
Government’s response to 2015 OPM data breach hasn’t improved U.S. federal agencies’ security: study
May 19, 2016 by Canadian UnderwriterMore than half of polled federal cyber executives in the United States said they don’t agree that the government’s response to last summer’s massive Office of Personnel Management (OPM) data breach has improved their agency’s security. The State of Cybersecurity…
Vast majority of tested applications have at least one vulnerability: cyber security report
April 20, 2016 by Canadian UnderwriterCyber criminals are increasingly making use of malware-as-a-service, an issue of concern given that 97% of applications tested by Trustwave in 2015 had at least one vulnerability, note findings from the 2016 Trustwave Global Security Report. While the lion’s share…
No ‘plague’ of data breaches and solvency issues, fintech industry CEOs say
April 6, 2016 Alexandra Posadzki - THE CANADIAN PRESSTORONTO – There is no “plague” of data breaches and solvency issues affecting financial technology upstarts, contrary to what TD Bank’s CEO says, the heads of several companies in the so-called fintech sector said Monday. The industry insiders were responding…