Cyber attacks

Carriers are wise to shore up security governance, data protection and incident response strategies, says Novarica's Tom Benton.

Many organizations struggle with an overwhelming amount of threat information, coupled with a lack of staff expertise to analyze it.

This information is exactly what is relied on to verify someone’s identity. It is simply a gold mine for potential identity thieves.

A recent survey on how well prepared organizations are to protect their systems from a breach was 'eye-opening and disturbing,' says Martin Veitch.

The number of incidents has risen rapidly in recent years, but organizations are learning from their mistakes and making improvements.

Leading organizations embrace information security from the top down, and employees are given the right resources to defend against a breach.

The latest mandate encourages greater sharing of data between public and private organizations, and establishes protections of privacy and liability for those sharing the information.

Carrier is required to pay $5.5 million, employ two breach specialists in its IT department and conduct audits of its systems yearly.

SOCs devote 50 percent more time than their counterparts on actual threat hunting, according to a new study from McAfee.

Firms should be looking at whether they have the right culture and people in place to understand data and how to best keep it safe.