United States Senator Maria Cantwell (D-WA), a ranking member of the Senate Energy and Natural Resources Committee, has appealed to President Donald Trump to reverse the 32 percent cut to the Department of Energy's cybersecurity budget.
The remark came in...
The Communications Ministry of Ghana has appointed Albert Antwi Boasiako as the Cyber Security Advisor. He will be responsible in implementing the National Cyber Security Policy and Strategy (NCSPS). For this role, he will build a secure information security...
A recent Kaspersky Lab and B2B International survey points that cybersecurity incidents in the financial and online banking services cost banks an average of $1.75 million, which is twice the cost of convalescing from a malware incident that stands...
Following the draft of the new bill by the United States Senate that seeks ban on all Kaspersky Labs products from Department of Defense budget, Kaspersky Chief Executive Officer Eugene Kaspersky has appealed to the U.S. government for reconsideration.
Eugene...
In a bid to expand its cybersecurity reach, state-owned Israel Aerospace Industries Inc. (IAI) is investing in two cybersecurity companies – Inpedio BV in Netherlands and Cytrox in Hungary. The financial details of the investments have not been revealed.
The...
A spate of rising global cyberattacks have triggered a new trend among investors and the venture capital (VC) industry who are now investing in companies providing cybersecurity solutions. In fact, January itself the market saw $279 million in financing...
Microsoft has signed a definitive agreement to acquire Israel-based Cloudyn, a company that helps enterprises and managed service providers optimize their investments in cloud services. According to The Algemeiner, the deal took place for an estimated $50-$70 million.
"As customers...
For decades, the cybersecurity industry has been suffering from perpetual skill shortage. In fact, a study by Cybersecurity Ventures reveals that the cybersecurity job openings will hit 3.5 million by 2021, with a median salary for information security professionals...
The 2014 Yahoo! Inc cyberattack that affected more than 500 million user accounts not only tarnished the reputation of the company but also impacted it financially. Verizon Communications Inc. which was on the process of acquiring Yahoo! cut the...
Several United States government websites were hacked by hacker group Team System DZ which allegedly has ties to the terrorist organization, Islamic State. The page displayed anti-Trump slogans and threats. The hacked websites included Ohio Department of Rehabilitation and...
