Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Database Security
Authentication
Mobile
Privacy
Compliance
Identity & Access Management
Security Monitoring
Advanced Threats
Insider Threats
Vulnerability Management
Comments
Global Cost of Cybercrime Predicted to Hit $6 Trillion Annually By 2021, Study Says
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:42:40 AM
disruption
"... disruption to the normal course of business, ..."

I think this and the prestige are the biggest hits when it comes to downtime. If your cistimers need your support to provide service to their customers, no customer would be on your site if not up 100% of the time any more.
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:39:21 AM
9%?
"... and in the 2016 Dark Reading Security Salary Survey, 9% of IT and infosec pros don't even know if they've been breached. ..."

I day this 9% number is bigger. However it would be hard to get an accurate number since they actually do not know.

 
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:35:56 AM
Re: unless something changes, it likely will
"... simply not want to spend money due to inaccurate threat modeling ..."

I agree with this one too. Unit it hits nobody thinks it is real. There are lots of other places to invest for a quick ROI for companies' point of view, not the security.
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:33:14 AM
Re: unless something changes, it likely will
"... how much the $6 Trillion estimate would drop ..."

I say not much. Cybercrime is like another industry, people are running business on it.
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:31:01 AM
Re: unless something changes, it likely will
"... commercial interests laugh and claim nobody wants to be bothered ..." Agree. These are golden years for insurance companies
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:28:58 AM
Re: unless something changes, it likely will
"... product liability law; ..."

I agree with this one. We do not hold people responsible on the attacks and people were attacked accountable.
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:27:00 AM
Re: unless something changes, it likely will
"... rests put ease of use and convenience as top priority...":

I hear you. If no ease of use, no use, and no need to hack either. That makes but not realistic.
Dr.T
50%
50%
Dr.T,
 User Rank: Ninja
8/31/2016 | 11:22:45 AM
Cybercrime
 

Cybercrime is an industry anymore. It employs tons of people.  Also other sectors benefit from it, such as insurance companies.
ankasarentcar
100%
0%
ankasarentcar,
 User Rank: Apprentice
8/29/2016 | 5:47:41 AM
Re: unless something changes, it likely will
Excellent information on your Article "Global Cost of Cybercrime Predicted to Hit $6 Trillion Annually By 2021" thank you for taking the time to share with us. Amazing insight you have on this, it's nice to find a website that details so much information about different artists.

By Sewa Mobil Surabaya
jcavery
100%
0%
jcavery,
 User Rank: Moderator
8/28/2016 | 9:10:11 PM
Re: unless something changes, it likely will
True, and I'd be curious to see how much the $6 Trillion estimate would drop if security spending increased. For instance, if spending on defensive measures increased 10%, what percentage would the projected cost of breaches drop? I have heard lots of companies simply not want to spend money due to inaccurate threat modeling or weak risk assessments, but if we get smarter about spending on defense, we might be able to control that number a little more.
Page 1 / 2   >   >>


COVID-19: Latest Security News & Commentary
Dark Reading Staff 7/2/2020
Ripple20 Threatens Increasingly Connected Medical Devices
Kelly Sheridan, Staff Editor, Dark Reading,  6/30/2020
DDoS Attacks Jump 542% from Q4 2019 to Q1 2020
Dark Reading Staff 6/30/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
How Cybersecurity Incident Response Programs Work (and Why Some Don't)
This Tech Digest takes a look at the vital role cybersecurity incident response (IR) plays in managing cyber-risk within organizations. Download the Tech Digest today to find out how well-planned IR programs can detect intrusions, contain breaches, and help an organization restore normal operations.
Flash Poll
The Threat from the Internet—and What Your Organization Can Do About It
The Threat from the Internet—and What Your Organization Can Do About It
This report describes some of the latest attacks and threats emanating from the Internet, as well as advice and tips on how your organization can mitigate those threats before they affect your business. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-9498
PUBLISHED: 2020-07-02
Apache Guacamole 1.1.0 and older may mishandle pointers involved inprocessing data received via RDP static virtual channels. If a userconnects to a malicious or compromised RDP server, a series ofspecially-crafted PDUs could result in memory corruption, possiblyallowing arbitrary code to be executed...
CVE-2020-3282
PUBLISHED: 2020-07-02
A vulnerability in the web-based management interface of Cisco Unified Communications Manager, Cisco Unified Communications Manager Session Management Edition, Cisco Unified Communications Manager IM & Presence Service, and Cisco Unity Connection could allow an unauthenticated, remote attack...
CVE-2020-5909
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, when users run the command displayed in NGINX Controller user interface (UI) to fetch the agent installer, the server TLS certificate is not verified.
CVE-2020-5910
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, the Neural Autonomic Transport System (NATS) messaging services in use by the NGINX Controller do not require any form of authentication, so any successful connection would be authorized.
CVE-2020-5911
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, the NGINX Controller installer starts the download of Kubernetes packages from an HTTP URL On Debian/Ubuntu system.