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Q&A: Why the HBO hack is destined to accelerate the fledgling cyber insurance market

By Byron V. Acohido Following on the heels of the two globe-spanning ransomware worms, the HBO hack—with its distinctive blackmail component—rounds out a summer of extortion-fueled hacks and destruction and theft of valuable data at an unprecedented scale. WannaCry and Petya raced around the planet demanding ransoms after locking up servers at hundreds of organizations. The HBO […]

PODCAST: Want to know what the No. 1 cybersecurity VC firm is betting $300 million on? Give a listen

By Byron V. Acohido In 2016, venture capital firms invested in more startups than ever before. The year saw venture VC firms invest a total of $3.1 billion in 279 cybersecurity startups. This compares to $3.7 billion of investment in 272 startups in 2015 and $833 million in 117 startups in 2010. Levels of investment […]

NEWS THIS WEEK: Walmart tracks customers’ facial expressions; teachers hacked; Asians seek cyber insurance

By Byron V. Acohido In news this week, Walmart has filed a patent for video technology to track customers’ facial expressions as they shop, potentially allowing employees to address customer needs before they have to ask. The system would use video to scan for customers who are frustrated or unhappy if they can’t find a product […]

PODCAST: Why securing networks requires a mind shift in the C-suite and board rooms

By Byron V. Acohido As technology has evolved, it’s gotten bigger and more complex, making the job of information technology departments more difficult. Dealing with Windows, Macs, the cloud and the Internet of Things (IOT) means they have to manage more things in more places. I had the chance to discuss this with Phil Lieberman, […]

PODCAST: Why securing ‘third-party’ risks has become so crucial

By Byron V. Acohido In the past couple of years, third-party risk has grown from a topic only discussed by cybersecurity circles to a companywide concern. The tipping point may have been in 2014 when Target’s point-of-sale (POS) system was compromised, and the details of 110 million in-store customers were stolen. How did the hackers […]

NEWS THIS WEEK: Anthem exposes medicare patients’ records; hackers easily break into voting machines; white supremisist hacks billboards

By Byron V. Acohido In news this week, it turns out the HBO hack may have been far worse than the initial leaks of a few unaired TV show episodes suggested. A security company hired by HBO to scrub search results for the hacked files from search engines says hackers stole “thousands of Home Box […]

PODCAST: Dell SecureWorks discloses how faked personas fuel targeted attacks

By Byron V. Acohido In the wake of phishing attacks involving Google Docs and DocuSign, corporate awareness of socially engineered cybersecurity threats is at an all-time high. Naturally, this has led to an increase in employee training and awareness. This kind of action couldn’t be more necessary. According to Software Advice, 39 percent of employees […]