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The infosec skill gap might become way worse than anticipated. A report by Cybersecurity Ventures suggests that by 2021, cybercrime will cost organizations more than $6 trillion annually while there will be 3.5 million unfilled security jobs. But the...
With an attempt to avoid cybersecurity adversities, Balbix has raised $20 million towards its business expansion. Balbix is a breach controlling platform that aids companies avoid security threats. The funding allows the company in further developing an advance preventive...
Ticketing website, Ticketmaster, became the most recent victim of a cyber attack and data breach, after hackers stole data from the website including payment information of several customers. The website issued an alert after noticing a malicious software on a customer...
More than half the Irish companies do not think that the introduction of Global Data Protection and Regulation (GDPR) has influenced their day-to-day operations, suggests a study by MicroWarehouse. The report states that 57% of Irish companies for one...
With an aim to strengthen the artificial intelligence and machine learning practices, The Royal Bank of Canada (RBC) is investing $2 million in Cybersecurity Research Center at Ben-Gurion University. The funding supports the development of existing artificial intelligence, creation...
Identity Defined Security company Ping Identity publicized the acquisition of API cybersecurity provider Elastic Beam and the launch of PingIntelligence for APIs on June 26, 2018, in Boston. A Denver-based software developer founded in 2002, Ping Identity claims to be...
The world’s first cyber innovation center, located in the Queen Elizabeth Olympic Park in London, opens today. The £13.5 million London Office for Rapid Cybersecurity Advancement (LORCA) is funded by the government and will help in the development of...
“More than three-quarters of the operational technology (OT) and Industrial control systems (ICS) companies feel that they are likely to become a target of a cybersecurity attack,” said the Kaspersky Labs’ recent report on “The State of Industrial Cybersecurity...
The U.S. House of Representatives passed legislation aimed at protection of industrial control systems from cyber attacks. The bill presented by Don Bacon (U.S. Representative for Nebraska) was passed in a voice vote Monday, June 25, 2018.  The bill,...
In a move to further strengthen the public sector’s cybersecurity, the Government of Western Australia recently announced that it will be establishing a new Office of Digital Government. The Government will also invest more than $500,000 to form a...