What happens to funds once they have been stolen in a cyberattack?

SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber attack. The report highlights the ingenuity of money… Continue reading What happens to funds once they have been stolen in a cyberattack?

How COVID-19 affected remote work, customer engagements, and return to the office plans

Top-tier enterprises were 2.6 times as likely to have grown revenue, 2.5 times as likely to have reached profit goals and 2.1 times as likely to have high employee satisfaction numbers during the COVID-19 pandemic, according to a Catchpoint survey of 2… Continue reading How COVID-19 affected remote work, customer engagements, and return to the office plans

Global WAN optimization market to reach $4.88 billion by 2027

The global wide area network optimization market size is estimated to reach $4.88 billion by 2027, registering a CAGR of 9.5% from 2020 to 2027, according to Grand View Research. The growing need for efficient network optimization across business organ… Continue reading Global WAN optimization market to reach $4.88 billion by 2027

Financial impact of cyber-physical system attacks expected to grow

Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024, according to Gartner. Due to the nature of cyber-physical systems (CPSs), incidents can quickly lead to physical harm to peopl… Continue reading Financial impact of cyber-physical system attacks expected to grow

Financial impact of cyber-physical system attacks expected to grow

Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024, according to Gartner. Due to the nature of cyber-physical systems (CPSs), incidents can quickly lead to physical harm to peopl… Continue reading Financial impact of cyber-physical system attacks expected to grow

Steno raises $3.5 million led by First Round to become an extension of law offices

The global legal services industry was worth $849 billion dollars in 2017 and is expected to become a trillion dollar industry by the end of next year. Little wonder that Steno, an L.A.-based startup, wants a piece. Like most legal services outfits, what it offers are ways for law practices to run more smoothly, including […] Continue reading Steno raises $3.5 million led by First Round to become an extension of law offices

The global cost of cybercrime per minute to reach $11.4 million by 2021

Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals. It will also have a per-minute global cost of $11.4 million by 2021, a 100% increase over 2015. The report covers the top threats facing today&#82… Continue reading The global cost of cybercrime per minute to reach $11.4 million by 2021