Who’s responsible for data compliance? 25% of executives don’t know

According to the 2016 State of Compliance survey conducted by data management and integration provider Liaison Technologies, one-quarter of top executives are unclear who in their organization is responsible for compliance. And nearly half (47 percent) of respondents to the survey of 479 senior and C-level executives said they don’t know which compliance standards apply…

Ransomware success creates apathy towards traditional antivirus software

In the last 12 months, 48 percent of organizations across the globe have fallen victim to a ransomware campaign, with 80 percent indicating that they’ve suffered from three or more attacks, according to a global survey conducted by Vanson Bourne. In response to ransomware attacks, 67 percent of businesses globally have increased IT security spending,…

As Deadline Looms, 35 Percent Of Web Sites Still Rely On SHA-1

Over 60 million web sites are relying on a hashing algorithm that will be blocked by major browsers starting Jan 1. A surprising 35 percent of websites around the world are still using SHA-1 though barely 45 days remain before some of the major browsers stop trusting certificates signed with the hash algorithm altogether.

Encryption ransomware hits record levels

The amount of phishing emails containing a form of ransomware grew to 97.25 percent during the third quarter of 2016 up from 92 percent in Q1. PhishMe’s Q3 2016 Malware Review identified three major trends previously recorded throughout 2016, but have come to full fruition in the last few months:

Cyber risk in advanced manufacturing: How to be secure and resilient

Nearly half of surveyed manufacturing executives lack confidence their assets are protected from external threats, according to a new study from Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI). Study results indicate nearly 40 percent of surveyed manufacturing companies were affected by cyber incidents in the past 12 months, and 38 percent of…

Fake executive social media accounts threaten enterprises

New research has uncovered numerous duplicative Twitter and LinkedIn accounts among Fortune 500 leaders, raising concerns about potential security vulnerabilities. Analysts at BrandProtect reviewed profiles for the 54 CEOs at Fortune 500 companies using Twitter and the 187 CEOs using LinkedIn. Of these CEOs, 19 percent were represented online by multiple Twitter accounts, while 9…

Trapped in social networks

A recent survey of 4,831 active social network users, conducted by Kaspersky Lab in 12 countries, reveals that an overwhelming majority (78%) of respondents considered quitting their social networks — but chose to stay. They wanted to leave for a variety of reasons: 39% of users complained they were wasting too much time, the top…

Key causes of network outages and vulnerabilities

A new global study, conducted by Dimensional Research, surveyed 315 network professionals about their experiences with network outages, vulnerabilities and compliance. Among the report’s findings, there is almost universal agreement that human factors lead to network outages, and in many cases these outages are quite frequent.

The cybersecurity gap between IT capabilities and business expectations

Deloitte has uncovered a shift in business priorities from “business performance” to “customers,” with 57 percent of chief information officers choosing “customers” as their top priority, compared to only 45 percent last year. “Customer” remained the top priority for eight of the 10 industries represented in the survey. Only 45 percent of CIOs stated their…

Increasing number of financial institutions falling prey to cyber attacks

66.2 percent of financial organizations faced at least one cyber-security attack in the last year, according to MetricStream Research. The report, based on a survey conducted in July 2016, features the perspectives of C-level information security professionals in over 60 banking and financial services firms across the globe. The respondents represented financial enterprises of multiple…