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Network attacks hit a third of executive mobile devices in second quarter of 2016: Skycure

September 27, 2016 by Canadian Underwriter

Just shy of a third of executive mobile devices were exposed to network attack during the second quarter of 2016 and almost as high a percentage were infected with malware, leaving valuable, sensitive data vulnerable to cyber criminals, notes a

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Fifth of surveyed U.S. businesses have not done any recent security testing for vulnerabilities

September 15, 2016 by Canadian Underwriter

About a fifth of surveyed businesses south of the border admit not having done any security testing for at least six months despite the lion’s share of respondents also reporting their organizations have encountered at least one security issue, notes

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Global banking, financial services and insurance security market to grow to US$48.95 billion by 2021: report

September 9, 2016 by Canadian Underwriter

The global banking, financial services and insurance (BFSI) security market is estimated to grow to nearly US$50 billion by 2021, driven by regulatory, security and cyber factors. Market research firm MarketsandMarkets said in a report released Thursday that the BFSI

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Drop in traditional malware and rise in mobile malware, but vigilance still key: U.S. research

August 19, 2016 by Canadian Underwriter

The number of active malware families attacking business networks fell by 5% in July – representing the first such decrease in four months – while mobile variants rose, notes new threat research from Check Point Software Technologies Ltd. Check Point

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Vulnerability allows printer watering hole attacks to spread malware: Vectra Networks

July 13, 2016 by Canadian Underwriter

Researchers at the Vectra Threat Labs have discovered a critical vulnerability in Microsoft Windows that enables attackers to gain system-level control over computers via infected or fake printer drivers to spread malware. “The vulnerability stems from a Windows process that

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Need for cultural shift to improve cyber security awareness: Wombat Security

July 7, 2016 by Canadian Underwriter

It is disheartening to see how the end-user is being managed when it comes to combating cyber security threats, suggests Amy Baker, vice president of marketing for Wombat Security Technologies, Inc. “Insider threats are widely discussed and well-recognized, so it

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VerticalScope, online forum operator, hacked; says it’s beefing up security

June 20, 2016 The Canadian Press

TORONTO – 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,

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Data breaches detection, escalation costs highest in Canada: global IBM/Ponemon report

June 16, 2016 by Canadian Underwriter

Detection 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

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Shift in terrorist tactics, targets in the West demands change in attitude

June 10, 2016 by Angela Stelmakowich

A shift in terrorist tactics and targets in Western countries may come down to efficiency – from the perspective of terrorists – but should encourage governments and businesses to enhance security in busy public places, suggests Andrew Majoran, lead terrorism

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Some challenges remain in accessing, using valuable business intelligence data: U.S. survey

May 24, 2016 by Canadian Underwriter

A new survey out of the United States shows wide agreement that business intelligence (BI) data can provide a company with a competitive edge, but ongoing challenges remain about how best to get and use that information. Washington, D.C.-based B2B

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Class action filed after privacy breach at one Ontario children’s aid office

April 26, 2016 Michelle McQuigge - THE CANADIAN PRESS

TORONTO – An eastern Ontario children’s aid society is facing a $75 million lawsuit after a cyber attack resulted in a list of client names being stolen and shared on local Facebook groups. At least three dozen people have expressed

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Worldwide IoT security spending to reach US$348 million in 2016, up 23.7% from 2015: Gartner

April 26, 2016 by Canadian Underwriter

Worldwide spending on security related to the Internet of Things (IoT) will reach US$348 million in 2016, a 23.7% increase from 2015 spending of US$281.5 million, according to Gartner, Inc. Gartner, an information technology research and advisory company based in