It’s not a surprise that cyber crime is costly for organizations. The cost of any lost productivity, combined with the fallout of any compromised data, the impact to the organization's reputation, and the cost to clean up and recover from an attack all add up. Not to mention the cost of the time lost.
After the massive data breaches that have plagued retailers from Target to Home Depot in recent years, a new study shows that retail is the most compromised industry in terms of data security.
It's past time for all major companies – certainly in the Fortune 500, but the advice carries on down into even medium-sized organizations – to carve out a C-level role focusing solely on security.
As Home Depot scrambles to determine the scope and scale of a potentially massive breach of its customers' data, the retailer's troubles underscore the challenges facing retailers and card issuers attempting to gird themselves against cybercriminals.
Bring-your-own-device has caught on, and for many it's a positive development. Security is a big issue for companies that follow the trend, though, and one way to ensure it is by having remote-wiping capability to invoke under certain sets of circumstances. The trouble is, many of the gadgets in use don't segregate business and personal data. That means when a phone or tablet is wiped, everything goes.
Thirty-seven percent of more than 5,000 respondents reported economic crime in their organizations, with the categories of bribery and corruption and cybercrime experiencing notable growth, according to PwC in its latest Global Economic Crime Survey.
Across Asia and the Middle East, rising incomes and accelerating investment in infrastructure have attracted multinationals eager to expand their global presence. But success in these high-growth emerging markets (HGEMs) often proves elusive.
Nakivo Inc., a provider of data-protection software for VMware virtualized environments and cloud backup, has released version 4.1 of Nakivo Backup & Replication.