McAfee Exposes Massive Cyber Espionage Operation

Researchers from McAfee say they have uncovered one of the largest series of cyber espionage activities to date. 

According to a report released today called “Operation Shady RAT,” some 72 organizations and governments around the world fell victim to a massive,  five-year long cyber attack carried out by…

HP Study: Cyber Criminals are Reaching into Your Company’s Pocket

 HP released today a report that reveals the significant financial impacts of cyber attacks on businesses and government organizations.

The Second Annual Cost of Cyber Crime Study revealed that the median annualized cost of cyber crime incurred by a benchmark sample of organizations was $5.9 million per year, with a range…

Twitter Pushes Congress toward Debt Ceiling Deal

In his second televised appeal of the week, President Barack Obama on Friday urged Americans to take to the Internet to push their lawmakers toward a debt ceiling compromise. 

“So please, to all the American people, keep it up,” the president said. “If you want to see a bipartisan compromise — a bill that can pass both houses of…

HP Enterprise Services’ Robert Haas Discusses Importance of Transformation

In the constantly evolving industry, IT experts are on the lookout for any innovations, trends or challenges that could potentially impact the future of their products. The growing number of cybersecurity threats targeting the private sector and federal government is resulting in the rapid emergence of new applications and…

Q&A with IBM’s Chuck Prow: ‘Focus on Performance Improvement Activities to Improve Outcomes’

With 30 years of experience in the professional services business, Chuck Prow knows what it takes to stay on top of a constantly changing market. As the general manager of IBM’s Global Business Services for the Public Sector, Prow is constantly realigning his team’s goals and missions to stay one step ahead of…

Experts: IT Outsourcing Hurts Innovation

Although the cost benefits of outsourcing work in the information technology industry are obvious, experts are now warning too much offshoring may hinder IT companies’ abilities to innovate.

According to a recent CIO.com interview with Harvard Business School professors Gary Pisano and Willy Shih, offshoring can irreversibly damage a company’s industrial ecosystem and…

Committee Approves Cybersecurity Bill

The Committee on Science, Space, and Technology unanimously approved a bill yesterday that enhances cybersecurity efforts across federal agencies.

The Cybersecurity Enhancement Act of 2011, introduced by Congressmen Michael McCaul and Dan Lipinski, primarily addresses efforts at the National Science Foundation and the National Institute…

10 Cybersecurity Stocks to Look to in the Future

With a growing rate of publicized hacking incidents, the demand for information security has companies, governments and investors looking toward IT security providers for protection from network intruders. The industry has experienced a rapid growth within the market, and many companies are acquiring IT solutions to join in on the growing demand.

Although the market…

US, India Sign Cybersecurity MOU

The United States and India signed a Memorandum of Understanding today to strengthen ties and promote information sharing between the nations’ organizations tasked with cybersecurity, the Department of Homeland Security announced.

Signed in New Delhi by Jane Holl Lute, DHS deputy secretary, and R. Chandrashekhar, secretary of the India Department of Information Technology, the MOU helps…

Senator Urges Creation of Cybersecurity Panel

A Republican senator is calling for the creation of a panel to draft legislation on cybersecurity and electronic intelligence leaks without having to work through numerous — and sometimes competing — committees of jurisdiction, AFP reports.

In a letter to Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell,…