The silver lining to the breaches, according to the ACI report, is that although data breach-related fraud has had a negative impact on banks’ and financial institutions’ bottom lines, more than 40 percent of respondents indicated that their customers have appreciated the proactive outreach and response to market events, which helps to keep financial institutions on the right side of customer satisfaction, rebuilding brand trust.

Banning specific cloud applications is bound to fail. Maintaining a blacklist of cloud applications is ineffective, at best.

Virtually all of the new video solutions we have deployed over the past few years have been IP-based. However, we still have many customers with existing large analog systems, and they need to operate, expand and optimize those systems today.

Regardless of how vigorously the industry applies risk management principles and how diligently the government shares information, there is no chance the private sector can consistently withstand intrusion attempts from foreign military units and intelligence services or even, for that matter, from transnational organized crime.

The survey of nearly 5,000 global IT security professionals reveals a deficit in enterprise security systems, a disconnect in how confidential data is valued and limited visibility into cybercriminal activity. The report gives new insight into why cybercriminals have a foothold in the broader enterprise.

Verizon’s 2014 Data Breach Investigations Report, obtained early by FedScoop, identified nine overall threat patterns by collating 10 years of data, and Verizon researchers have now mapped those specific threat patterns to specific industries.

U.S. securities regulators unveiled a road map for ensuring that Wall Street firms are prepared to detect and prevent cyber security attacks.