What has IT security become when the most highly regulated and security conscious industry can't stop hackers from plundering its data resources? It's certainly been a difficult year for the IT security industry, and there are still almost three more months to go.
Mandatory reporting of cybersecurity incidents is needed for the health of the Internet, Dan Geer, chief information security officer at CIA-based investment firm In-Q-Tel, told a keynote audience at the Black Hat conference being held this week in Las Vegas.
With major data breaches much on the mind of the C-suite, corporate boards are getting more involved in cybersecurity.
Read the latest Mobile IT news for May 23, including Google's predictions for ads of the future, how much the retail industry plans to spend on mobile ads this year, the salary fixing scandal that is costing Silicon Valley, the explosion in the semiconductor market due to vehicle connectivity and Apple tops another industry list again.
The Securities and Exchange Commission has released an investor alert to educate Bitcoin users about the potential schemes con artists have pulled off using the cryptocurrency.
BOSTON--Spurred on by the Target breach and other high profile breaches, the Securities and Exchange Commission is likely to issue mandatory rules on cybersecurity disclosures for public companies in their SEC filings--rules based on the voluntary staff guidance the regulator issued in 2011, explained Jason Weinstein, a partner at the law firm of Steptoe & Johnson specializing in cybersecurity, at the SANS Security Leadership Summit being held here this week.
What would you do with your next $1B?
Crest Financial, the largest minority shareholder in wireless service provider Clearwire, has filed a proxy statement urging shareholders to reject the bid by majority shareholder Sprint to acquire the remaining shares of Clearwire.
Nuix, a provider of investigative and information management technologies, was tapped this week by the U.S. Transportation Security Administration to supply server-based and mobile investigations software.
Even if your company doesn't deal in risky mortgages or other tricky financial products, it almost certainly faces regulatory requirements or industry-established standards on data handling and record-keeping.