The UK government said it wants to hand out life sentences to anyone found guilty of a cyberattack that has a catastrophic effect.

Acccording to the 2014 U.S. State of Cybercrime Survey, most U.S. organizations' cybersecurity capabilities do not rival the persistence and technological skills of their cyber adversaries.

California's Attorney General says cycber criminals are increasingly focusing on California because of its wealth and innovation.

Findings from a survey show that IT security professionals consider external threats from cybercriminals to be the more concerning issue facing the security of organizations’ sensitive information today.

In 2014, McAfee Labs expects that Ransomware will proliferate on mobile devices, attacks using advanced evasion techniques will come of age, and social platforms will be used more aggressively to target the finances and personal information of consumers, and the intellectual property and trade secrets of business leaders.

The information security function fully meets needs in only 17 percent of organizations, according to EY’s 16^th annual Global Information Security Survey 2013, which tracks the level of awareness and action in response to cyber threats, canvassing the opinion of more than 1,900 senior executives globally.

The cost, frequency and time to resolve cyberattacks continue to rise for the fourth consecutive year, says a report by the Ponemon Institute.

As many as 508,000 U.S. jobs may have been lost as a result of cybercrime, as well as $100 billion in losses, a new report says.