Nearly every single organization in a study that looked at U.S. and European companies across several industries experienced at least one security breach, with many reporting more than one, according to IT security firm ForeScout’s State of IT Cyberdefense Maturity Report. More than 96% of respondents experienced a security incident while 39% experienced between two and five, and about 16% experienced more... Read More
There is a great deal of false information out there about data breaches, and yet it is imperative that a company knows as much as possible about this important liability. Here are five common myths about data breaches that could put a business, and its customers’ data, at risk: 1. Small Businesses Aren’t in Danger... Read More
Hackers are planning to attack the FIFA World Cup, according to a report by Infosecurity Magazine. The article cited two hackers. One called Che Commodore spoke with Reuters and explained that the infamous hacker group Anonymous has already begun to look for weaknesses in World Cup-related websites it can exploit. Commodore said the group plans to execute Denial of Service attacks on high-profile sponsors... Read More
Verizon’s 2014 Data Breach Investigations Report reveals that nine types of attacks are responsible for 92% of 100,000 incidents during the past 10 years.. The nine attacks are Web app attacks, cyber-espionage, point of sale intrusions, physical theft, crimeware, miscellaneous errors, and “everything else.” In 2013, the most common technique was the Web app attack, which accounted for... Read More
Cyber criminals are expected to have a banner year in 2014 by continuing to exploit vulnerabilities in computer devices—and the people who use them. Securing these devices will continue to be a challenge for industry as well as consumers. Business leaders must focus on assessments to evaluate and identify possible exposures from weak processes or... Read More
Users of Apple computers and iPhones may be shaken to the core at news of a major security flaw that could allow cyber spies and hackers to grab emails, financial information and other data from their devices. Here’s what you need to know. 1. It’s Time for Some Updates — Right Now. On Friday, Apple... Read More
Son of a breach, two more security incidents are making headlines: Coca-Cola and Michaels Stores. That means we’re looking at four major data loss events in the past few weeks alone—three at national retailers, including Target and Neiman Marcus. Companies can learn from how other organizations respond to a data breach, for better or worse.... Read More
The healthcare industry is gearing up for a cyberattack campaign that promises to test companies’ ability to guard against data breach threats. The campaign will be launched by an unlikely source: the U.S. Department of Health and Human Services (HHS). The healthcare industry is one of the most highly-targeted sectors, and the HHS is partnering with healthcare companies... Read More
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The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).
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