Cyber Security News July 2014

New generation of IT network access protection launched

Arkoon and Netasq, subsidiaries of Airbus Defence and Space and key players in the cybersecurity market, have launched a new generation of network protection solutions. Called Stormshield Network Security, this new line of products complements the Stormshield Endpoint Security (workstation protection, even from unknown 0-day threats) and Stormshield Data Security (data protection) product ranges, thus providing end-to-end security to organizations targeted by cyber threats. According to the companies, engineers combined their efforts to develop a unique range of innovative solutions for organisations to optimize their level of protection by blocking cyber-attacks, regardless of their complexity. Stormshield Network Security comprises a range of nine appliances that cover the entire spectrum of organizational requirements: from the protection of information systems from internal and external threats to the control of access and use of workstations, while enabling real-time visibility over network activity. Stormshield Network Security also takes into account new cloud computing and mobility needs in its virtual version.

Study shows cyber security threats are rising in industrial systems

A study by Ponemon Institute and Unisys Corp. of 599 technology executives in 13 countries has found that even as threats are rising, organizations are not as prepared as they should be to deal with cyber attacks.The study said the risk to industrial control systems “is believed to have substantially increased,” with 57 percent of the respondents citing greater threats. Security compromises are occurring in most companies, the report said, finding that 67 percent of respondents say their companies have had at least one security compromise that led to the loss of confidential information or disruption to operations over the last 12 months. About one-fourth of these breaches were due to an insider attack or inadequate internal controls, the report added. One-third of those surveyed said their companies do not get real-time alerts, or intelligence that can be used to stop or minimize the impact of a cyber attack.And among those who they do receive such intelligence, 22 percent of respondents say this is ineffective. The report is the latest to suggest slow progress in improving cybersecurity for so-called critical infrastructure — which includes electric power grids, utilities, oil and gas production operations and some manufacturing.

Data breaches cost N.Y. companies $1.37 billion

Security breaches exposing consumers’ personal information are becoming larger and increasingly frequent in New York, costing businesses more than $1.37 billion last year, according to the state attorney general’s office. Data breaches in the state more than tripled from 2006 to 2013, resulting in the exposure of 22.8 million personal records, according to a report released today by New York Attorney General Eric Schneiderman. Almost 5,000 breaches were reported to the office by businesses, nonprofits and government entities during that time, with hacking attacks causing the worst damage.The expansive look at data breaches found that millions of New Yorkers have been exposed without their knowledge or consent.Target Corp., a Minneapolis-based retailer, was the victim of breach last year that allowed hackers to gain access to payment data for 40 million of its customers’ debit and credit cards. Meanwhile LivingSocial, a daily coupon website based in Washington, said last year that more than 50 million customers may have been affected by a cyber-attack.The cost to businesses in New York was based on research estimating the price of each personal record compromised at $188, according to the attorney general’s report.