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Security News Bytes for the Week Ending June 7, 2019

More Information on the Baltimore Cyberattack Baltimore estimates that it will wind up spending $18 million to recover from the cyberattack – which is why many organization just pay the ransom.  The attackers only wanted $103,000 or less than 1 percent of what they are going to spend.  Of course, if an organization does that, […]

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Self Inflicted Cyber Breaches Still Huge Problem Along with Third Party Risk

And it continues to be a major issue for some reason. This week researchers found 85 gigabytes of security log data (talk about a nightmare for a business to expose that) in an elastic search database. The server was discovered on May 27th and the data goes back to April 19th, so that might be […]

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Security News for the Week Ending May 17, 2019

Be Thankful That You Are Not Equifax – Costs Reach $1.4 Billion So Far Two years after the big breach, Equifax reported financials for the first quarter.   They reported a loss of $555.9 million compared to a net income of $90 million for the same period in 2018 on basically flat revenue. Equifax had $125 […]

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77% of Orgs Lack a Cybersecurity Incident Response Plan

The fourth annual benchmark on cyber resilience authored by  Larry Ponemon and paid for by IBM shows that 77% of the organizations surveyed do not have a cybersecurity incident response program applied consistently across the organization. Does your organization have an effective, trained and tested cybersecurity incident response program (CSISP) that works across all parts […]

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More Info on the Wipro Hack

Last week, I wrote about the Wipro hack (if you didn’t see that post, click on the search box and enter Wipro).  While Wipro is being pretty close-mouthed about what happened due to the inevitable lawsuits, SLA complaints and even claims of breached contracts, it isn’t stopping the media from reporting on it. In fact, […]

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