Cyber criminals were threatening the national and financial security, according to a top IT expert who has warned that companies and government departments risk losing billions of rand to hackers.
ISBuzz Team
Concerns about security in the cloud are flaring anew after recent revelations about government data-mining, likely spurring new technology to protect corporate and consumer information, according to a panel of cloud experts.
Cyber attacks have risen to the top of the list of threats for UK banks according to Bank of England’s director of financial stability, Andrew Haldane, but understanding and management of the risk is still at an “early stage”.
Data security offers a myriad of opportunities. A company does not need to be a giant to be an industry leader. Good technology and solid experts in the field are always in demand. The Finnish companies Codenomicon and Silverskin are leading the way.
The US and Russia have set up a cyber-war hotline which mimics the “red phone” of the cold war.
Thursday afternoon, a bombshell dropped: Two leading reports claimed that the U.S. government has been spying on emails, searches, Skype calls, and other electronic communications used by Americans for the last several years, via a program known as Prism.
File synchronisation services like Dropbox, Skydrive, iCloud and Ubuntu One are being increasingly used in organisations. The services themselves provide convenience and are often more secure than alternatives like email and FTP.
The United States and Russia have signed a cyberspace communication pact to reduce the risk of conflict on issues including counterterrorism and weapons of mass destruction, APA reports quoting Press TV.
The world may acknowledge India as an information technology superpower, but its very own official cyber security workforce comprises a mere 556 experts deployed in various government agencies.
The word “HACK” is painted across the main square of Facebook’s campus in letters so large that they can be seen from space. The term has lost its negative connotation in Silicon Valley; freewheeling coding sessions and virtual breaking and entering have become the same thing.