Organizations taking proper preventative measures realize a cost savings of nearly 25 percent over those that don't, an analysis of a survey sponsored by Hewlett-Packard reveals. Still, the study shows, it takes longer to resolve cyberattacks than it did a year ago.
"The lack of individual accountability over user accounts provides ample opportunities to conceal malicious activity such as theft or misuse of veteran data," VA Assistant Inspector General Belinda Finn says.
A California judge handed down a 12-year prison sentence to a phisher who stole financial details from more than 38,000 online accountholders. Observers say the sentence signals a changing attitude about the severity of cybercrimes.
DOD's ability to develop an overarching budget estimate for full-spectrum, cyberspace operations has been challenged by the absence of clear, agreed-upon departmentwide budget definitions, GAO auditors tell the House Armed Services Committee.
The fight against cyberattacks is a top priority for financial institutions, and industry insiders are optimistic about President Obama's plan to thwart cyberattacks that lead to corporate account takeover and other forms of fraud.
Some 200 people have reported fraudulent debit and credit transactions hitting their accounts after dining at Margarita's Mexican Restaurant in Texas. Investigators believe a third-party vendor may have been hacked.
The arrest is part of a continuing investigation into network intrusions and distributed denial of service attacks against a number of international business and intelligence agencies by what is believed to be the same hacking group.
Though America remains dominant on land, sea and air, technical and economic barriers to gain entry in cyberspace are much lower for adversaries, and as a result, place the United States' networks at great risk, GAO says.
Dickie George of the National Security Agency has one word to describe the state of information security education today: "Spotty." And this state must improve if we hope to fill all the growing demand for security pros.