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Cyber #hacks driving ‘bug bounty’ #jobs and #programs in #corporate #America

Source: National Cyber Security News

If you have the skills to stop a cyber hacker in their tracks, you may soon be getting calls from recruiters trying to fill a new crop of jobs throughout corporate America.

Criminal data breaches are predicted to cost businesses a total of $8 trillion over the next four years, outstripping worldwide IT security spending, which is expected to be upwards of $120 billion by 2021, according to Gartner. Meanwhile, there is a shortage of talent, and an anticipated 1.8 million cybersecurity jobs will be unfilled by 2022, with millennials likely playing a big role as cited in a report from the Center for Cyber Education and Safety. These jobs will be in demand as the the number of reported cybersecurity incidents (which doubled between 2016 and 2017) continues to rise. Even with expert cybersecurity firms on retainer to improve overall cyber resilience, companies are struggling to stay ahead in the battle against malicious hackers.

To help close the gap, more businesses are turning to another kind of hacker: the ‘white hats’. Through carefully implemented bug bounty programs, organizations can crowdsource the expertise of security researchers to help identify vulnerabilities in exchange for money and recognition, and fix vulnerabilities before they can be exploited.

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North America CACS

Source: National Cyber Security News

General Cybersecurity Conference

 April 30 – May 2, 2018 | Chicago, Illinois, United States

Cybersecurity Conference Description

North America CACS attracts the best and brightest with its content-rich and thought-provoking sessions that delve into some of the biggest challenges facing IT audit and security professionals.

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State of Small Business Cybersecurity in North America

Source: National Cyber Security – Produced By Gregory Evans

State of Small Business Cybersecurity in North America

Small business owners know they are at risk for cyberattacks, but they are somewhat at a loss as to what to do. That’s one of the findings of a new report from the Better Business Bureau, The State of Small Business Cybersecurity in North America, released today as part of National Cybersecurity Awareness Month. One of the more troubling findings is that half of small businesses reported they could remain profitable for only one month if they lost essential data.

“Profitability is the ultimate test of risk,” said Bill Fanelli, CISSP, chief security officer for the Council of Better Business Bureaus and one of the authors of the report. “It’s alarming to think that half of small businesses could be at that much risk just a short time after a cybersecurity incident.”

“Small business owners get it,” Fanelli continued. “When we asked them about the most common cybersecurity threats – ransomware, phishing, malware – they know what’s out there, and most of them have basic protections in place. For instance, 81% use antivirus software and 76% have firewalls. But one of the most cost-effective prevention tools, employee education, is used by fewer than half of the companies we surveyed. Other prevention measures scored even lower.”

BBB surveyed approximately 1,100 businesses in North America (71.4% of the sample came from the United States, 28.5% from Canada and 0.1% from Mexico). Two-thirds of the participants were BBB Accredited Businesses, and they apparently fared marginally better in most measures, such as awareness of specific threats and adoption of cybersecurity measures. The data was collected in an online survey with a margin of error of approximately +/- 3% for a 95% confidence interval.

The report focuses on cybersecurity effectiveness from three perspectives: a) cybersecurity standards/frameworks; b) best practices; and c) cost-benefit analysis. One of the key findings is that the NIST Cybersecurity Framework, technically a voluntary standard from the National Institute for Standards and Technology, is becoming mandatory in some markets. Not only are many companies requiring it of their vendors for procurement, but many businesses are adopting it because it helps them run a better business. The NIST framework is the basis for BBB’s training program, “5 Steps to Better Business Cybersecurity”

The State of Small Business Cybersecurity emphasizes the need not only for education and training, but for cost-benefit analysis of cybersecurity measures. The report suggests a formula created by two professors at the University of Maryland, Martin P. Loeb, PhD and Lawrence A. Gordon, PhD, to help small business owners estimate their risk from cybersecurity attacks and calculate an appropriate investment in prevention.

“It doesn’t do any good for a small business to adopt a $10,000 solution if the potential risk reduction is only worth $5,000,” said Fanelli. “We hope this report will give small business owners greater awareness of the real and the perceived risks of cyberattacks, as well as best practices for protecting against these types of security threats. We hope it serves as a step forward in advancing cybersecurity in the marketplace.”

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Corporate America still using Equifax-like software even after hack

Source: National Cyber Security – Produced By Gregory Evans

There are 50,000 potential Equifaxes looming on the horizon. Corporate America has been slow to update its open-source software, even in the wake of the Equifax hack that exposed 143 million people’s sensitive data, according to one of the central hubs for the free programs. More than 50,000 organizations are…

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Cybersecurity firm Symantec says hackers infiltrated power grid controls in America and abroad

Source: National Cyber Security – Produced By Gregory Evans

Attempts by hackers to break into the energy sector in the US and abroad have made headlines in recent months. According to a report by the cybersecurity firm Symantec, hackers have now successfully infiltrated power grid controls in the US and Turkey, and gained access to systems “that could provide…

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Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Source: National Cyber Security – Produced By Gregory Evans

Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Button up your overcoat; it’s about to rain cyberthreats   Few businesspeople have as much on the line every moment of every day as grocers. When disquieting events happen at a grocery store, customers can be more than just inconvenienced. In extreme circumstances, grocery products can be the cause of…

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William H. Macy And Stephen Colbert Call A Family Meeting For America

Actor William H. Macy had a heart-to-heart with the nation on Friday.

The “Shameless” star joined “Late Show” host Stephen Colbert for a “family meeting” with America, in which the two dads talked about pretty much everything from porn, puberty, taking drugs, Thanksgiving fireworks, where babies come from and drinking alcohol.

Their most crucial piece of advice came toward the end of the skit, however, alongside a thinly veiled dig at President-elect Read More

The post William H. Macy And Stephen Colbert Call A Family Meeting For America appeared first on Parent Security Online.

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ISC2 Security Congress LATIN AMERICA

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Source: National Cyber Security – Produced By Gregory Evans

ISC2 Security Congress LATIN AMERICA

November 29 – 30, 2016 | San Paulo, Brazil
As cyber threats and attacks continue to rise, the goal of (ISC)² Security Congress Latin America 2016 is to strengthen cybersecurity leaders by arming them with the knowledge, tools, and expertise

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How Corporate America keeps huge hacks secret

Source: National Cyber Security – Produced By Gregory Evans

How Corporate America keeps huge hacks secret

But the biggest cyberattacks, the ones that can blow up chemical tanks and burst dams, are kept secret by a law that shields U.S. corporations. They’re kept in the dark forever. You could live near — or work at — a major facility that has been hacked repeatedly andINVESTIGATED by the federal government. But you’d never know. What’s more, that secrecy could hurt efforts to defend against future attacks. The murky information that is publicly available confirms that there is plenty to worry about. Unnamed energy utilities and suppliers often make simple mistakes — easily exposing the power grid to terrorist hackers and foreign spies. A CNNMoneyINVESTIGATIONhas reviewed public documents issued by regulators that reveal widespread flaws. There was thePOWER COMPANY that didn’t bother to turn off communication channels on its gear at mini-stations along the electrical grid, leaving access points completely open to hackers. It was fined $425,000 by its regulator in August. Another power company forgot to patch software on 66% of its devices, thus exposing them to known flaws exploited by hackers. It got a $70,000 fine in February. There are plenty of other examples, and all “posed a serious or substantial risk” to portions of the […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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Cyber leads risks for insurers in North America, Bermuda

Source: National Cyber Security – Produced By Gregory Evans

Cyber risk is the top risk faced by insurers in North America and Bermuda, according to a survey released Wednesday by London-based think tank Centre for the Study of Financial Innovation. The survey, “Insurance Banana Skins: The CSFI Survey of Risks Facing Insurers,” found that among all global insurers surveyed, regulation ranked first among risks, followed by the macroeconomy and interest rates, with cyber ranking fourth. But for North America and Bermuda insurers, cyber risks, regulation and interest rates topped the list. Cyber is a new risk, having not appeared on the center’s previous “Insurance Banana Skins” survey published in 2013. “The most striking new theme to emerge from this survey is the high level of anxiety about cyber risk, specifically software failure and data security breaches,” said the report. “The chief concern is the security of the ever-growing volumes of data that insurers hold in cloud-based storage systems,” said the report. “For many, major breaches are inevitable; the question is how much damage they will cause.” “Cyber risk is the No. 1 banana skin for participants from nonlife businesses, as well as being high up the list for reinsurers and life insurers,” PricewaterhouseCoopers L.L.P., which sponsored the report, wrote […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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