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Cybersecurity Investment + Board Involvement = Better Shareholder Returns

What if you could better your competitor’s returns by 372%? Would that make the pain of improving your cybersecurity practices worthwhile? A study by Bitsight and Diligent says that is possible. The study analyzed data from 4,000 companies worldwide and found two interesting statistics. Insurance companies are looking to find actuarial data that helps them […]

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Cyberattacks Causing Physical Disruption on the Rise

At least 68 cyberattacks last year caused physical consequences to operational technology (OT) networks at more than 500 locations worldwide. Damage from these attacks ranged up to $100 millon. OT attacks are attacks on the systems that run businesses like manufacturing, transportation and the cities themselves. If you think about all of the computers that […]

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DoD Just “Upped” The Cybersecurity Game for Defense Contractors

If you are a defense contractor – prime, sub or vendor to one of these and you were hoping that CMMC was going to go away, I don’t think that is going to happen – at least not on this president’s watch. Even if the party in power changes in January, I don’t much will […]

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Security News for the Week Ending March 29, 2024

Mozilla Drops Onerep After CEO Admits to Running People-Search Networks Either Mozilla didn’t run much of a background check or Onerep’s CEO is great at hiding his other businesses. Mozilla hired him to provide identity protection services, but it turns out that he runs dozens of sites that provide dirt on people. Not exactly compatible […]

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2024 May be Worse for Attacks Than 2023

According to Flashpoint, a threat intelligence service, 2023 recorded 6,077 breaches compromising more than 17 billion records. That is a 35 percent increase over 2022. Again, according to Flashpoint, for the first two months of 2024, that number is up 429 percent over the first two months of 2023. The U.S. represented 60 percent of […]

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14 Year Long Chinese Hacking Ring Identified

Up until now, the longest undetected hacking operation that I was aware of was at Nortel Networks. It lasted 12 years and resulted in the company shutting down in bankruptcy and sold for scrap. This one beats that one. The DoJ unsealed indictments today for 7 Chinese nationals (note to these folks: do not travel […]

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