September 21, 2011 at 9:34 am · Filed under Secure Information Exchange
By Evy Schwartz
Remember back when the Internet really started to take off? Online stores began to pop-up and we were presented with an interesting dilemma. On one hand, we wanted to take advantage of the new and convenient way to shop and do business. But it was so new, we weren’t sure we could trust our credit card information would be safe online. But we eventually came around and online business has been booming.
However, the tide is starting to turn. Trust is an issue again.
All of the recent data breaches we’ve been hearing about have a great deal to do with Read the rest of this entry »
September 19, 2011 at 9:44 am · Filed under Uncategorized
By Evy Schwartz
Financial services companies beware: You are the main target for today’s hackers! Companies in the financial services industry move the world’s money from place to place. Business has gone global and money is moved digitally. Enter hackers…the modern versions of the masked train robbers of the old West. They’re after the money, plain and simple.
Of course it’s not just the financial services companies hackers target. Every company is at risk, no matter the industry or size. Just look at the staggering cost of cyber-crime. According to Brian Tillet, the chief security strategist at Symantec, the annual cost of cyber-crime is around $388 billion. This number includes money and time lost and surges past the cost of the global black market trade in heroin, cocaine and marijuana…by $100 billion.
Compounding the problem is another interesting fact brought to light by the FBI’s assistant director Read the rest of this entry »
