Cyber risk: The next facet of business insurance
With cyber security threats on the rise worldwide, companies have begun utilising traditional risk transfer mechanisms, like insurance, to try and mitigate cost impacts if a data breach occurs.
With cyber security threats on the rise worldwide, companies have begun utilising traditional risk transfer mechanisms, like insurance, to try and mitigate cost impacts if a data breach occurs.
Businesses in Asia Pacific are still relying on perimeter protection such as firewalls, anti-virus and intrusion detection systems, but these tools are failing to prevent advanced cyber attacks according to RSA president Amit Yoran.
News that Russian hackers amassed log-in credentials belonging to more than 1.2 billion Internet users hammers home why companies that have not implemented strong authentication measures really need to get moving on it.
RSA executive chairman Arthur W.Coviello has called for an end to cyber warfare before an international incident happens.
EMC may be in the market for security and data analytics acquisitions as it builds out what it calls a federation of businesses among VMware, RSA Security, Pivotal and the company's traditional storage operations.
In the current economic downturn, many companies are cutting costs and security expenses are frequently part of the equation when considering where to save or spend money. New research released Monday by RSA, the security division of EMC, tapped the expertise of ten large companies with dedicated security executives and operations and asked: How can security be managed, and even drive innovation, in the current economic downturn?