Spending on IT security is forecast by Gartner to increase 8 percent year-over-year in 2014, reaching $71 billion, and another 8.2 percent year-over-year in 2015 to total $77 billion.
Certainly, the first line of defense is the company, its systems, and its employees. With every successful hack comes costly fixes--from diagnostics and business interruption losses to liability exposures to third parties. For those costs--now seemingly unavoidable--there are insurance policies of almost every sort, scope, and nature.
Read that headline again, because it's meant to be good news. Governance strategies advise businesses to focus on protecting information and helping people.
Target's new chief information security officer Brad Maiorino takes the reins of the retailer's IT security program at a time of growing consumer anger at retailers for data breaches.
Long wait times that may have resulted in patient deaths and poor management at the Department of Veterans Affairs led last week to the resignation of VA Secretary Eric Shinseki. And now, a new report by the VA's Office of the Inspector General says that IT security can be added to the list of the VA's problems.
Check out the hottest mobile IT news for May 2, including the federal antitrust lawsuit brought against Google, how the Internet of Things will change the face of IT security programs, why tablet sales have dropped off in the first quarter, the expected surge in location retail revenues and how carriers plan to increase Wi-Fi access point deployments.
BOSTON--When IT security pros brief the executive board, they should use language that senior executives can relate to, such as the impact of security on profits and losses, not language used by the IT security team, James Tarala, senior instructor at the SANS Institute, told an audience at the SANS Senior Security Leadership Summit being held here this week.
Network segregation is the best way to deal with the open environment of the higher education while maintaining IT security, according to a panel of IT security pros from a number of New England universities at the SANS Institute Security Leadership Summit being held here this week.
It seems that federal agencies can't get their acts together in protecting personally identifiable information, such as social security numbers and bank accounts. In fact, the number of information security incidents involving PII has more than doubled over the last four years, according to the latest stats from the Government Accountability Office.
High-profile data breaches at Target, Neiman Marcus, and most recently Experian, have received the attention of federal agencies, Congress and state legislatures and state attorneys general. Consumers are fed up with the lax information security approaches of major companies and that unhappiness is being felt in government at all levels.