September 8, 2011 5:13 PM | Posted by Roy Hadley |
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As companies become more and more dependent on new technologies such as cloud computing and tablets to run their businesses, cyber espionage is increasingly becoming an issue, albeit an oftentimes overlooked issue. A very nice article in the most recent issue of Foreign Policy online illustrates the growing threats faced by companies that connect their systems and operations via the internet. Essentially, the article underscores the thought that foreign companies and governments are increasingly using espionage as a way to compete and as a way to conduct “research and development." The article states that for corporate America, the cyber war is already here. What are your defenses? You can read the article here: http://www.foreignpolicy.com/articles/2011/09/06/the_calm_before_the_storm?page=0,0 read more
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September 1, 2011 11:09 AM | Posted by Roy Hadley |
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 According to a recent article that appeared on the “Krebs on Security” bog, a Florida-based financial institution recently fell victim to a $13 million heist, perpetrated by an international cybercrime gang. The cybercriminals in question used ATMs located around the world to cash out stolen pre-paid debit cards.
This crime is proof that cyber security and cyber crime are becoming increasingly sophisticated endeavors. As cyber criminals get smarter, cyber security professionals must work diligently to stay one step ahead of the game.
The entire “Krebs on Security” article can be accessed at the following location: http://krebsonsecurity.com/2011/08/coordinated-atm-heist-nets-thieves-13m/ read more
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