In August, Community Health Systems announced that an external group of hackers attacked its computer network that an external group of hackers attacked its computer network and stole non-medical data of 4.5 million patients – the second-largest HIPAA breach ever reported.
Attackers used authorized credentials in more than 76 percent of network intrusions in 2013, allowing them to impersonate legitimate network traffic while conducting suspicious activities.
Building off of technology from Intel Corporation, this system lets organizations proactively control where virtual workloads can run, further mitigating the risks of data mobility that virtualization and cloud computing create.
Eight months: That’s the average amount of time most IT security breaches go unnoticed. Security enterprises need to establish not only ways to protect themselves from these breaches but ways to uncover them in real-time, before they become major business disruptions. And as Bring Your Own Device (BYOD) and mobility continue to transform the way we do business, many security managers and IT executives are finding that if they don’t initiate a robust security policy, employees are likely to use personal laptops and mobile devices to conduct business anyway.
If you’re not convinced of the impact data breaches have on business success yet, be aware that 51 percent of consumers will take their business elsewhere after their retailer, bank or service provider suffers a breach that compromises personal information, including addresses, Social Security numbers and credit card details, according to a HyTrust Inc. poll. For retailers focusing on the powerful 35-44 age range demographic, that number jumps to 60.2 percent.
One could argue that cybersecurity is the most intellectually demanding profession on the planet. The rate of change is so great that no challenge is ever solved and no problem ever resolved completely.
With the nature of security quickly evolving to encompass both physical and cybersecurity at its very core, software manufacturers and security experts are finding themselves in a precarious situation – balancing between what is required and what is needed.
BYOD is either a ticking time bomb or IT’s greatest opportunity. Whether you belong to the 40 percent of organizations that have policies or not, I guarantee people are using their own mobile devices at your office.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank will probably double its $250 million annual computer-security budget within the next five years.