Tag Archives: cybersecurity Nashville

Preparation for data breach can save $1.2 million, study says

July 25, 2019 A new study by IBM and the Ponemon Institute shows the costs of data breaches continue to rise, in part because of increased regulation and “the complex process of resolving criminal attacks.” The study found breaches hit small and midsize businesses rather hard, with the average loss due to a breach costing more than $2.5 … Continue reading "Preparation for data breach can save $1.2 million, study says" Read More

Mayors Conference resolves to stop paying ransoms to hackers

July 18, 2019 In an effort to “de-incentivize” hackers attacking municipalities with an increasing amount of ransomware the U.S. Conference Mayors issued a resolution to stop paying ransoms. At least 170 county, city, or state government systems have experienced a ransomware attack since 2013, and that 22 of them had occurred so far this year, the mayors’ organization … Continue reading "Mayors Conference resolves to stop paying ransoms to hackers" Read More

Using data to understand customers comes with responsibilities

July 17, 2019 Using data to gather insights about your customers is the hot new thing. Everyone wants to understand their clients’ behavior to boost purchasing. But collecting data comes with responsibilities. There are regulations that will take a bite out of your business if you ignore them. And in our experience, regulators are cracking down on third-party … Continue reading "Using data to understand customers comes with responsibilities" Read More

Meet Fujie Wang – indicted for “extremely sophisticated” Anthem breach

July 9, 2019 Fujie Wang, a 32-year-old from Shenzhen, China, faces a U.S. government indictment for the giant 2015 Anthem breach.He and a co-defendant who uses aliases are accused of hacking into Anthem plus three other large but unnamed businesses in basic materials, technology, and communications.The indictment says he and colleagues used spearphishing emails sent to an Anthem … Continue reading "Meet Fujie Wang – indicted for “extremely sophisticated” Anthem breach" Read More

Florida cities have different experiences with ransomware

June 23, 2019 Two cities in Palm Beach County, Florida, now have experienced ransomware.More than a year separates the attacks, and the costs escalated considerably. The Village of Palm Springs, which is not getting much media attention for the ransomware attack it says it experienced in 2018, paid $1,200 in ransom. Its costs for recovery, according to the … Continue reading "Florida cities have different experiences with ransomware" Read More