Then, also, either the subject matter experts internally or their outside counsel can help assist them if they are unfortunately a victim
of a cybersecurity attack,» says Marisa Ellis, a regional vice president with Robert Half Legal, based in Chicago.
Most people frown upon the practice of blaming the victims
of cybersecurity attack.
Cybersecurity Given the evolving nature
of cybersecurity attacks, cybersecurity practices are a key focus for FINRA.
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 Protecting Your Data.
And with the spate
of cybersecurity attacks and threats that exist, using blockchain in law firms helps avoid a single point of failure and can greatly reduce the risk of security breaches with sensitive data.
Not exact matches
According to The Ponemon Institute's 2017 State
of Cybersecurity in Small & Medium - Sized Businesses report, 61 percent
of businesses experienced a cyber
attack in 2017, signifying a 6 percent increase from the previous year's 55 percent.
• Darktrace, a U.K. - based
cybersecurity startup that uses artificial intelligence to identify and block digital
attacks, raised $ 75 million in Series D funding at a post-money valuation
of $ 825 million.
Cybersecurity experts say Lazarus was also behind the WannaCry ransomware
attack in May that infected hundreds
of thousands
of computers around the world.
The law exists because far too many organizations that report to the department
of financial services don't address
cybersecurity with their employees in a way that helps ward off the danger
of a successful
attack.
While the FBI report did not name the victim
of the destructive
attack in its bulletin, two
cybersecurity experts who reviewed the document said it was clearly referring to the breach at the California - based unit
of Sony Corp..
«With the myriad
of sophisticated
attacks and the ad infinitum game
of «cat and mouse» between hackers and security software vendors, we believe a big ramp in
cybersecurity spending will continue in the coming years as «cyber warfare» heats up, adding to growth prospects at next - generation security software companies,» said Daniel Ives, an analyst at FBR Capital Markets, in a recent note.
Chris Bronk, a
cybersecurity expert at the University
of Houston, said such
attacks on the gas marketing communications hub is a way to gather intelligence on the entire gas industry.
«SMBs are incredibly vulnerable to these types
of attacks,» warned Ed Cabrera, vice president
of cybersecurity strategy at Trend Micro, an IT security company in Irving, Texas, adding that large companies» IT departments usually invest in robust
cybersecurity programs.
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.
The
attacks in Paris put the discussion
of cybersecurity front and center.
Cybersecurity is a booming business with dozens
of giant companies selling «solutions» that promise to shield organizations — like so many
of the victims
of the current ransomware epidemic — stay safe from
attacks.
SAN MATEO, Calif. — Jan. 10, 2017 — Agari, a leading
cybersecurity company, today announced a year
of tremendous growth, achieving 95 percent revenue growth for the second half
of 2016, led by the rapid adoption
of Agari Enterprise Protect, the industry's first solution that stops sophisticated social engineering - based email
attacks including spear phishing and Business Email Compromise (BEC).
NEW YORK / BOSTON (Reuters)- Rapid7, LogRhythm and Mimecast are joining a growing list
of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate
of hacker
attacks, according to people familiar with the matter.
Cyber
Attacks Cost Companies Billions
Cybersecurity threats can cost companies millions
of dollars.
According to Joe Nocera, PwC US»
cybersecurity & privacy financial services industry leader, as companies continue to move towards greater digitisation and innovation (especially when it comes to cloud and data analytics capabilities), they also increase the
attack footprint and points
of potential vulnerability.
George Kurtz, CEO
of the
cybersecurity firm CrowdStrike, has speculated that the politically isolated nation, which was subjected to sanctions following a 2014 hack
of Sony Pictures, may be stockpiling bitcoin to finance future
attacks.
Ransomware wasn't the only type
of cybersecurity threat to wreak havoc in 2017, however — there were also network
attacks, insider threats and malware, to name a few.
New York State Assemblyman Clyde Vanel told Observer earlier this week that
cybersecurity would be a major area
of discussion, given recent incidences
of cyber
attacks on government databases.
«As Amazon does its due diligence in their search for a second American headquarters, they are going to look for a place with a highly educated workforce, infrastructure that supports their logistics and, with all
of the online
attacks and breaches regularly being reported in the news, access to highly trained
Cybersecurity professionals,» said Jonathan Hill, Dean
of Pace University's Seidenberg School
of Computer Science and Information Systems.
As
cybersecurity experts scramble to stop another wave
of ransomware and malware scams that have infected computers around the world, computer science experts at the University
of Houston are «phishing» for reasons why these types
of attacks are so successful.
«Exploring the mind
of a cyberterrorist:
Cybersecurity specialist's top - tier research explores the unknowns
of digital
attacks.»
Libicki said the demand for
cybersecurity professionals began to overtake supply in 2007, largely due to increased reports
of large - scale hacking, including the leakage
of credit card data,
attacks on Internet connectivity, and the discovery
of «advanced persistence threats» — teams
of hackers who go after intellectual property by establishing a persistent presence in the networks
of U.S. and other technology targets.
The coordinated cyber
attack that crippled parts
of the internet on Friday highlighted key policy problems, a Stanford
cybersecurity scholar said.
Some
of the more straightforward tactical recommendations include workforce training, retaining
cybersecurity expertise, patching operating systems and reporting
attacks promptly to authorities.
``... pretending to be a ransomware while being in fact a nation state
attack... is in our opinion a very subtle way from the attacker to control the narrative
of the
attack,» wrote Matt Suiche at
cybersecurity firm Comae in a blog post last week.
News
of the suspected
attacks came as a study revealed that poor
cybersecurity measures in the Netherlands water industry could let attackers contaminate water supplies or cut them off entirely, holding whole nations to ransom.
In an age where
cybersecurity is
of foremost interest for governments and businesses, public and private organizations must deploy risk - intelligence governance to secure their digital communications and resources from eavesdropping, theft or
attack, according to a new paper from Rice University's Baker Institute for Public Policy.
Many vital public institutions such as hospitals, police stations and fire stations typically do not have the most sophisticated
cybersecurity, and they are perhaps the most vulnerable
of all in ransomware
attacks.
As the threat
of cyber
attacks on our nation's infrastructure continues to grow, Argonne has made it a priority to promote student interest in, and knowledge about, the field
of cybersecurity.
San Jose, CA About Blog Vectra Networks blogs cover a wide range
of cybersecurity topics, including exploits, vulnerabilities, malware, insider
attacks, threat actors, advanced cyber
attacks, and industry security trends.
San Jose, CA About Blog Vectra Networks blogs cover a wide range
of cybersecurity topics, including exploits, vulnerabilities, malware, insider
attacks, threat actors, advanced cyber
attacks, and industry security trends.
In a bid to help protect Britain from online
attacks, thousands
of teenagers are expected to be trained in
cybersecurity in extracurricular clubs.
Citadel Information's blog keeps its readers abreast
of the latest
cybersecurity news affecting consumers, businesses and our nation's cyber-defense capabilities, including
attacks, scams, breaches, defense tactics, software patches and more with their frequent news roundups.
San Jose, CA About Blog Vectra Networks blogs cover a wide range
of cybersecurity topics, including exploits, vulnerabilities, malware, insider
attacks, threat actors, advanced cyber
attacks, and industry security trends.
How a dorm room Minecraft scam brought down the Internet (Garrett M. Graff / Wired - ARTICLE) «The most dramatic
cybersecurity story
of 2016 came to a quiet conclusion Friday in an Anchorage courtroom, as three young American computer savants pleaded guilty to masterminding an unprecedented botnet — powered by unsecured internet -
of - things devices like security cameras and wireless routers — that unleashed sweeping
attacks on key internet services around the globe last fall.»
Its
cybersecurity solutions help more than 90 %
of the world's Fortune 500 companies detect and respond to advanced
attacks; manage user identities and access; and reduce risk, fraud and cybercrime.
Just two days after Christmas this past December, an American company called E-Sports Entertainment Association went through most
of the stages that are now common episodes following a
cybersecurity attack — with one notable exception.
Nearly 50 %
of general counsel say their role has expanded to incorporate planning for
cybersecurity incidents and responding to such
attacks, according to a new Legal Week Intelligence report.
One
of the most common mistakes made by law firms is to assume that the only way to minimize the damage from
cybersecurity attacks is to put in place perimeter security technologies — firewalls, antivirus software, etc. — that «wall - off» the firm from outside
attacks.
«There are two types
of firms: those that know they've been (cyber)
attacked and those that don't,» says Jill Rhodes, co-author along with Vincent Polley
of the The ABA
Cybersecurity Handbook.
In a report last month,
cybersecurity firm CrowdStrike highlighted the rise
of cryptocurrency mining, a relatively new flavor
of attack.
In the latest episode
of how badly some branches
of government are at
cybersecurity, a new study by the
cybersecurity outfit Global Cyber Alliance indicates that 95 percent
of the email domains managed by the Executive Office
of the President could be spoofed and potentially used in phishing
attacks.
Phishing — commonly executed by sending fraudulent links and attachments via email in an attempt to get the reader's personal information — is one
of the most prevalent
cybersecurity issues, and you and your team need to know how to avoid these types
of attacks.
A new report from
cybersecurity firm Kaspersky Labs examining the targets — and intended effects —
of this week's massive malware
attack comes up with some significant insights.
As the number
of companies breached by
cybersecurity attacks continues to escalate each year, the smart IT departments are figuring out how to prioritize the right stuff.