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Hacked companies still prioritize innovation over cybersecurity
Eight out of 10 executives surveyed acknowledge that their companies had been compromised by cyber attacks in the past two years, according to a new study by KPMG. Yet less than half of the 403 CIOs, CISOs and CTOs the firm surveyed said that they had invested in information security in the past year.“We’re still seeing companies taking a passive or reactive approach toward cybersecurity, when in fact cyber should be a top-line business issue thought about and practiced company-wide," says Greg Bell, leader of KPMG's U.S. cyber practice. Bell spoke to CIO.com after publishing his “Consumer Loss Barometer" report in July.To read this article in full or to leave a comment, please click here
When Seungwon Shin was a grad student, few people wanted to talk about software-defined networking (SDN) security. So say two of his grad students, Seungsoo Lee and Changhoon Yoon (left and right, respectively, in the photo above). But along with Shin, who’s now an assistant professor at the Korea Advanced Institute of Science and Technology...
Privacy catastrophe, financial catastrophe, and performance catastrophe are three vulnerabilities hackers might take advantage of.