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Verizon: 2011 The Year of Hacktivism

The year of 2011 led to the rise of hacktivism as one of the leading causes of data breaches, according to a telecommunications and government contracting firm. Verizon issued a report Thursday that found 58 percent of cases where data stolen to be a result of hacktivists. This is a dramatic shift from previous years [...]

Just the other day, Symantec filled us in on who was most attacked and the most frequent form of cyber attacks. Now they are profiling who some of those attacks are coming from: insiders. In “Behavioral Risk Indicators of Malicious Insider Theft of Intellectual Property: Misreading the Writing on the Wall” authors Dr. Eric Shaw [...]

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A research project led by SAIC Inc. is working on a program for the Defense Advanced Research Projects Agency that can detect suspicious online behavior before an insider creates chaos, according to a report from Defense Systems. The Anomaly Detection at Multiple Scales program seeks to create, adapt and apply software that can track a [...]

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A data breach of medical records and documents at North Carolina-based Wake Forest Baptist Medical Center have affected 357 individuals, according to Winston-Salem Journal. Linda Bowden Turner, an employee fired June 1, took home pages from 136 patient medical records and 221 employee documents, which included Social Security numbers of past and current employees and [...]

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A Goffstown, N.H., man has pleaded guilty to repeatedly hacking into his former employer’s computer systems and using that information to solicit new business for a competing company, the Justice Department announced. Lawrence R. Marino, 41, pleaded guilty to a one-count criminal information charging him with computer intrusion. In the plea hearing, he admitted to [...]

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A senior software engineer who worked at the Chicago-based CME Group was arrested last week after being charged with stealing company secrets, according to FBI’s Chicago division. Chunlai Yang, who has been employed at the CME since 2000, was taken into custody last Friday and charged with one count of Theft of Trade Secrets. According [...]

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Ninety percent of businesses have fallen victim to at least one cybersecurity breach in the last 12 months, according to a survey sponsored by Juniper Networks. A cyber attack on businesses is becoming “a near certainty for most businesses,” the survey noted, and companies say the typical breach has cost them a least half a [...]

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The average cost of a data breach has reached $2.4 million, and hackers and insiders are the most common cause for compromises, according to a recent survey of approximately 80 data breach claims. Conducted by NetDiligence, the survey of 80 data breach claims revealed that personally identifiable information is most frequently at risk in data [...]

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A new report examining current key cyber threats facing the United States has highlighted the deep interrelatedness of the challenges and how they require a more multifaceted solution. The “Understanding Today’s Cyber Challenges” report by TASC divides 21 key cyber threats into three categories: psychologically driven cyber challenges, process-driven challenges and technologically driven cyber challenges. [...]

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With a booming market for developing capabilities that protect the U.S. networks and systems, government contractors are ramping up their efforts to get in on the action and make some cool cash from the emerging cyber threats. Guest blogging on CNBC.com, EarlyBird Capital analyst Alex Hamilton identified 17 companies that stand to gain the most [...]

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