A new report from the Ponemon Institute, an organization that publishes the annual “Global Report on the Cost of Cyber Crime,” recently announced that the cost of a data breach has jumped 23% from last year. Here’s what your small to medium sized business needs to know about being prepared in case of a data breach.
According to CompTIA’s IT Industry Outlook 2014, cloud computing is even more on the rise since last year. As Generation Y (20-34 years old) infiltrates the work force and members of the Baby Boomer generation reach retirement age, there have been noticeable changes to how technology is used in the workplace.
Businesses are under constant attack from a variety of network security threats. Cybercriminals hack databases for passwords for unauthorized access to your network. Undetected Malicious software (malware) can trap and forward passwords. Viruses can infect your hard drive and destroy application data and files without your knowledge. Businesses large and small face these network security threats on a daily basis; larger organizations, however, may have more resources to fight attacks.
The name Heartbleed OpenSSL Vulnerability (aka Heartbleed bug) is as scary as it sounds. Some reports say up to two thirds of all secure websites (e.g. those with a web address starting with a green https://) are using OpenSSL. It has been reported that Google was first to discover the Heartbleed bug that compromised sites including Yahoo, Tumblr, Flickr, Amazon, and other websites relying on OpenSSL for security. This security breach may provide hackers access to accounts, passwords, and credit card information.
Many Smartphones and Tablet computers have access to corporate applications and their data through Bring Your Own Device (BYOD) policies and corporate-sponsored mobility strategies. Mobile Security has become a popular topic for good reason. According to CIO Insights, mobile data traffic is expected to increase eleven-fold by 2018. Because of increasing data traffic on mobile devices, some government agencies are looking at legislation to require manufacturers to add a smartphone kill switch to remotely wipe a mobile device if it is lost or stolen.