February 2018

Last Friday, the Department of Justice indicted 13 Russians and three Russian companies for interfering with the 2016 elections. Also last week, several countries including the U.S., the U.K., Canada, Australia, and Denmark accused Russia of being behind last summer’s NotPetya attack. [ How much does a cyber attack really cost? Take a look at […]

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Cisco’s 11th Annual Cybersecurity Report suggests cyber threats are reaching unprecedented levels of sophistication – and the prize isn’t always ransom, but the obliteration of systems. It has led to over £358,550 worth of financial damages, with 17 per cent of UK companies having received between 250,000 and 500,000 security alerts a day in 2017 alone. […]

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The U.S. Securities and Exchange Commission issued new guidance calling on public companies to be more forthcoming when disclosing cybersecurity risks, even before a breach or attack happens. The statement, which expands on previous guidance issued in 2011, also warns that corporate insiders must not trade shares when they have information about cybersecurity issues that […]

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Shop Direct has decided to outsource its cyber threat detection to protect its eCommerce operations and streamline security operations. The online e-tailer, with over £1.9 billion in annual revenues, has partnered with Vectra to deploy its Cognito threat detection and response platform. “Every organisation at some point is subject to a breach, incident or cyber […]

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Almost all the speakers who attended the 2018 CyberTech conference in Tel Aviv, Israel, last month hammered home the message that, as more and more devices are being connected to the internet, and with the greater use of cloud computing, the cyberattack surface is getting wider. “Winter is coming,” Yigal Unna, newly-appointed director general at […]

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Cisco released its 2018 Annual Cybersecurity Report (ACR) on Feb. 21, revealing insights from its own efforts, as well as a survey of 3,600 Chief Information Security Officers (CISOs). Among the high-level findings in the 68-page report is that 39 percent of organizations stated they rely on automation for their cyber-security efforts. Additionally, according to Cisco’s […]

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The US Securities and Exchange Commission on Wednesday issued new guidance on how and when public companies should disclose cybersecurity risks and breaches. The “interpretive guidance” document (PDF) urges informing investors of risks in a timely fashion, including vulnerabilities that have not yet been targeted by hackers. The guidance also says executives should refrain from […]

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Editor’s Note: This report was produced and originally published by Threat Lens, Stratfor’s unique protective intelligence product. Designed with corporate security leaders in mind, Threat Lens enables industry professionals to anticipate, identify, measure and mitigate emerging threats to people and assets around the world. The rise of the internet has greatly increased the risk of cyberthreats […]

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