TSFactory News

Determining the ROI for any cybersecurity investment, from staff training to AI-enabled authentication managers, can best be described as an enigma shrouded in mystery. The digital threat landscape changes constantly, and it’s very difficult to know the probability of any given attack succeeding — or how big the potential losses might be. Even the known costs, such as penalties for data breaches in highly regulated industries like health care, are a small piece of the ROI calculation. In the absence…

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The majority of machines hit by the WannaCry ransomware worm in the cyber-attack earlier this month were running Windows 7, security firms suggest. More than 97% of the infections seen by Kaspersky Lab and 66% of those seen by BitSight used the older software. Source: BBC News Read the full story >

IBM issued a support advisory last week warning users that some USB flash drives containing the company’s Storwize initialization tool include a file infected with malicious code. Source: SC Mag Read the full story >

An unsecured database left exposed on an Amazon server, possibly for two years, revealed names, addresses, credit scores and parts of Social Security numbers (SSNs) of up to one million applicants for car loans, according to a report on Threatpost. Source: SC Mag Read the full story >

In a constantly evolving digital threat landscape, where firewalls and antiviruses are considered tools of antiquity, companies are looking to more technologically advanced means of protecting crucial data. One such firm, U.K.-based Darktrace, uses machine learning capabilities — advanced algorithms that can adapt and learn — and probabilistic mathematics to learn the normal ‘pattern of life’ for every user and device in a network and detect anomalies. Their technology is modeled after how a human immune system identifies and responds…

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As governments create smarter cities, they need cybersecurity measures built from the ground up — or they risk costly data breaches which could compromise the privacy of their citizens. In 2016 alone, cyber-crime cost the global economy more than $450 billion and over two billion personal records were stolen, according to the chief executive of specialist insurer Hiscox. Cities around the world are using various technologies — smart devices, apps, sensors, big data analytics and Internet of Things applications —…

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Nato will announce plans to spend €3bn (£2.6bn) on upgrading its satellite and computer technology over the next three years, a senior official has said. As the alliance adapts to new types of warfare it hoped the technology will deter hackers, as the North Atlantic Treaty Organisation (Nato) acknowledges conflicts are increasingly fought out online rather than in the air, on land or at sea. Source: Independent Read the full story >