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Top 4 cyber risks financial organisations must be ready for

Why the financial sector’s risk management approach has changed significantly in recent years. The financial sector’s risk management approach has changed significantly in recent years. While some of these changes were expected, such as continued constricted regulations, others were less expected, including an increasing realisation that cyber and financial crime are closely-linked, and need to …

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Shark Tank’s Robert Herjavec: On How To Tell If You Are Cyber Secure

Last Monday – the 15th – password storage maker LastPass was hacked, exposing the email addresses and encrypted master passwords of its users. Last Tuesday – the 16th – in Congressional testimony, House Oversight Chairman, Jason Chaffetz, said that federal cybersecurity “stinks” in response to the governmental breach that happened earlier this month, exposing the …

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Be paranoid: 10 terrifying extreme hacks

Any device with a computer chip can be hacked, but not all hacks are created equal. In fact, in a world where tens of millions of computers are compromised by malware every year and nearly every company’s network is owned, truly innovative or thought-provoking hacks are few and far between.

Survey Roundup: Execs Lack Visibility in IT Security

Oh, Say Can You See?: A survey of 350 C-suite executives by cybersecurity analytics company RedSeal found while 60% of respondents said they could “beyond a reasonable doubt” assure their boards the company was secure, 86% said there were gaps in their ability to see and understand all that was happening inside their networks.

Cyber-thieves cash in from malware

Cyber-thieves can reap returns of almost 1,500% when they invest in ransomware, a study suggests. Trustwave looked at how much cash typical cybercriminals spend and what their potential profits might be. It estimated it would cost $5,900 (£3,860) to buy a ransomware kit that could return up to $90,000 in one month of operation. Read …

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