But
for cybersecurity firms and companies offering cyber-insurance, the year has been great.
A Columbia office building that currently serves as the headquarters
for the cybersecurity firm Tenable Inc. has been sold for $ 16.2 million.
That researcher was Chris Vickery, who worked
for the cybersecurity firm UpGuard.
Not exact matches
Recorded Future, a
cybersecurity firm, published an analysis Tuesday laying out evidence that North Korean hackers — the same group, known as Lazarus, blamed
for the infamous hack of Sony Pictures Entertainment in 2014 — were systematically targeting and plundering South Korean cryptocurrency exchanges.
Daniel Miessler, advisory services director at the
cybersecurity firm IOActive, has a recommendation that «would cost infinitely less than the dumpster fire of products we constantly purchase and deploy
for millions of dollars a year,» as he writes on his personal blog: simply hire a couple of people to maintain a catalog.
«
For example, if I hack into a major law
firm and then realize that this law
firm has direct communication channels with the Fortune 50, then I can leapfrog from this law
firm into all of those entities,» said Tom Kellermann, chief security officer at
cybersecurity vendor Trend Micro.
The fevered anticipation of «Pokemon Go» and limited release globally has created opportunities
for attackers, a
cybersecurity software
firm said.
Kaspersky Lab, the Russia - based
cybersecurity company known
for its Internet security software, was dealt a heavy blow today when the Department of Homeland Security issued a directive banning the
firm's products from use in the federal government.
Take,
for example,
cybersecurity firms Rapid7, LogRhythm, and Mimecast — all of which plan to go public later this year with valuations exceeding $ 1 billion.
A
cybersecurity firm found software appearing to install code
for mining cryptocurrency and sending coins to a North Korean university.
In a recent survey, KnowBe4, a
firm that provides
cybersecurity awareness training
for employees, compiled data on the phishing attempts it found most successfully duped people.
«When I heard the team [at Tanium] was looking to expand the board, I really went
for it in terms of pursuing it as an opportunity,» said Chadwick, who five years ago joined the board of F5 Networks (ffiv), a public
cybersecurity firm that provides software to data centers.
Ahern earned an electrical engineering degree from University of Vermont and with help from an unnamed angel investor who «bet on people heading in the right direction» started a company in 2002 — Industrial Defender, a
cybersecurity firm that protects industrial control systems
for the electrical grid, oil and gas, and chemical companies — which Lockheed Martin acquired in 2014.
The details released Friday confirms only some of the information published weeks ago by Gemini Advisory LLC, a
cybersecurity firm that detected the breach after it noticed an influx of stolen credit and debit card information
for sale.
These breach disclosures affirm the wisdom of New York state implementing its trailblazing
cybersecurity rules
for financial services
firms that took effect last March, and which were amended with the SHIELD act in November.
For the past few weeks, people have been tricked into visiting a phony website embedded with malware that can freeze Apple computers, according to a report this week by the
cybersecurity firm Malwarebytes.
For the past year, researchers at iSight Partners, a
cybersecurity firm in Dallas, have been tracking a new form of malware, dubbed ModPOS, that attacks point of sale, or POS, machines at the kernel.
With OTA, global automaker cost savings
for mitigating software recalls and
cybersecurity threats alone are forcasted to increase from $ 2.7 billion in 2015, to $ 35 billion by 2022, according to research
firm IHS.
Earlier that year, in July 2015, Splunk completed a $ 190 million acquisition of Caspida, a
cybersecurity firm that sold user behavior analytics tools, which parse large data sets
for patterns and anomalies.
But the exposed database combined people's personal information and political inclinations — including proprietary information gathered via predictive modeling tools — to create a detailed profile of nearly 200 million Americans that would be a «gold mine»
for anyone looking to target and manipulate voters, said Archie Agarwal, the founder of the
cybersecurity firm ThreatModeler.
Before becoming head of the
cybersecurity and data privacy division at law
firm Mayer Brown, he served as general counsel
for the National Security Agency during the most notorious data breach in history: Edward Snowden's exposing of the agency's surveillance programs.
Cybersecurity provider Forescout Technologies (FSCT), a leading IoT security company, went public at the top end of its range and is currently valued over $ 1 billion; a rarity
for a young
firm like Aspect Ventures.
Specific to AI and automation, the
firm recently plowed $ 165 million into automated software testing company Tricentis, and it also participated in the $ 75 million funding round
for AI
cybersecurity startup Darktrace.
It is essentially a promotional film, financed mainly by the
cybersecurity firm NetScout, but
for all its insistence on the glory of interconnectedness and the transformations it has inspired, Herzog pays nearly equal attention to the downsides, particularly government and corporate surveillance and faceless cruelty.
He wields his skills as a weapon to protect the people that he cares about and finds himself in the intersection between a
cybersecurity firm he works
for and the underworld organizations that are recruiting him to bring down corporate America.
IIROC issues
cybersecurity report cards
for dealer
firms [Press release].
Cybersecurity firm Flashpoint says that rewards points make an all - too tempting target
for criminals looking to turn...
Further, he says, what is reasonable
cybersecurity for a large, multistate
firm may not be reasonable
for a small or solo operation.
While
cybersecurity issues may now be a much greater priority
for businesses and governments in this country, it has not always been the case, suggests Imran Ahmad, a partner at Miller Thomson LLP in Toronto who also heads the
firm's
cybersecurity and data breach practice.
For instance, research
firm MarketsandMarkets projects that the worldwide
cybersecurity sector will be worth over $ 230 billion by 2022.
Alphaserve Technologies, a global provider of managed IT, cloud and
cybersecurity services, has launched its newest offering
for law
firm clients: CISO as a service.
Two major reasons
for an increase in investment is the high level of
cybersecurity incidents against law
firms and the need to adhere with strict compliance regulations.
Our team members regularly write about
cybersecurity matters
for the
firm's blog, Data Privacy + Security Insider.
Linn Freedman, chair of the
firm's Data Privacy +
Cybersecurity Team, has been nationally ranked in CHAMBERS USA: America's Leading Lawyers
for Business in the area of Privacy Law since 2012.
Also, we've got a special offer from Westlaw: a free webinar on
cybersecurity for small law
firms.
Polley was on a panel at the ABA annual meeting Friday afternoon discussing
cybersecurity for lawyers and law
firms.
Already, 63 per cent of
firms surveyed said they run much of their IT in the cloud, and 62 per cent use managed services
for cybersecurity.
«With over 10,000 law
firms operating in the UK, handling sensitive and hugely confidential commercial and private data, there is a real opportunity
for scammers to target the legal sector,» said Dr. Rois Ni Thuama, head of
cybersecurity governance partnerships and legal, OnDMARC.
Law
firms «may not be the primary target» of
cybersecurity attacks, according to a compelling presentation published online by Accellis Technology, a certified LexisNexis consultant, titled: Law Firm Cybersecurity: Practical Tips for Protecti
cybersecurity attacks, according to a compelling presentation published online by Accellis Technology, a certified LexisNexis consultant, titled: Law
Firm Cybersecurity: Practical Tips for Protecti
Cybersecurity: Practical Tips
for Protecting Your Data.
In the lead up to Target's 2014 annual meeting of shareholders, Institutional Shareholder Services Inc., a powerful proxy advisory
firm, recommended Target's shareholders vote against the election of seven of its 10 director nominees
for «failing to provide sufficient risk oversight» in connection with the company's
cybersecurity breach.
Cybersecurity is not an issue solely
for big
firms with big clients who do big deals, says Frazer.
As a result, the legal industry will be forced to take stock of its security, insurance and communications preparedness — clients across the board will demand
firms demonstrate they're prepared
for all shapes and sizes of
cybersecurity breaches.»
Plaintiff LabMD Inc., a cancer - screening
firm, says it went out of business after falling victim to a «shakedown scheme» by a
cybersecurity firm that hacked the lab's files — and then reported it to the FTC when it refused to pay
for «remediation» services.
At the same time, concerns about privacy and
cybersecurity raise tough questions
for firms about how to keep mobile data safe and ensure no breaches in confidential client communications or data.
This group of attorneys has recently been named the Top
Firm for Cybersecurity in the country by Juristat and significantly expands an already deep patent prosecution bench at FisherBroyles.
For further reading on the threat of cyber risks, and why law firms are considered to be lucrative targets, see Locked Down: Practical Information Security for Lawyers and the ABA Cybersecurity Handbook, both available in the practicePRO lending library (practicePRO.ca / library) as well as December 2013 Cybersecurity issue of LawPRO Magaz
For further reading on the threat of cyber risks, and why law
firms are considered to be lucrative targets, see Locked Down: Practical Information Security
for Lawyers and the ABA Cybersecurity Handbook, both available in the practicePRO lending library (practicePRO.ca / library) as well as December 2013 Cybersecurity issue of LawPRO Magaz
for Lawyers and the ABA
Cybersecurity Handbook, both available in the practicePRO lending library (practicePRO.ca / library) as well as December 2013
Cybersecurity issue of LawPRO Magazine
While LawPRO is not in a position to make recommendations as to any one company and the services they offer, it may be worthwhile
for firms to consider this option if they are struggling with how to offer the best
cybersecurity to their clients within their own particular staffing and budget constraints.
It can be challenging
for medium and small
firms to develop and implement their own
cybersecurity policies and infrastructure.
We discussed our assigned topic of
cybersecurity at length, with Matt and Sam providing a variety of tips
for our group members about how to instantaneously maximize their
firms» security (and, consequently, that of their clients» information).
Aside from the tools Blueprint can offer, Klein also encouraged the solo and small
firm lawyers to take advantage of other ABA offerings, such as the association's
cybersecurity handbook that provides guidance
for avoiding and responding to data breaches and similar cyberattacks.