Hacking is a Lucrative Endeavor on Both Sides of the Law

Hacking is a Lucrative Endeavor on Both Sides of the Law | #TpromoCom #cybercrime #hacker #hackers #cybersecurity |  While black-hat hacking is leading to some of the most costly ransomware attacks in history, companies are shelling out money for white-hat hacking to improve cybersecurity.

Cybercrime is big business for hackers and cybersecurity professionals alike. Black-hat hackers, a computer hacker who carries out illegal malicious hacking work, cashes in by way of gleaning company and individual bank account information, or by preventing someone from accessing his computer data and then charging a fee (ransom) to unlock it. On the other hand, white hat hackers, a computer hacker intending to improve security, will often receive lucrative positions with large corporations with a mandate to fight and protect company data. To read the remainder of this informative article, click here.

Cyber Security

PyeongChang 2018 Winter Olympics Opening Ceremony Disrupted by Malware Attack

PyeongChang 2018 Winter Olympics Opening Ceremony Disrupted by Malware Attack | #TpromoCom #PyeongChang #malware #hacker #hackers | The cyber attack coincided with 12 hours of downtime on the official website for the Winter Games, the collapse of Wi-Fi in the Pyeongchang Olympic stadium and the failure of televisions and internet at the main press center, leaving attendees unable to print their tickets for events or get venue information.

The Pyeongchang Winter Olympics organizing committee confirmed Sunday that a cyber attack hit its network helping run the event during the opening ceremony, which was fully restored on 8 am local time on Saturday—that’s full 12 hours after the attack began.

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Cybercrime Costs for Financial Sector up 40% Since 2014

Cybercrime Costs for Financial Sector up 40% Since 2014 | #TpromoCom #cybercrime #hackers #hacker #cybersecurity |  The Cost of Cybercrime Study, released Tuesday by Accenture and the Ponemon Institute, focuses on direct costs of incident response, not long-term remediation. According to the report, the finance sector’s average per incident cost increased from $12.97 million in 2014 to $18.28 million in 2017; well above the 2017 average of all other industries at $11.7 million. To read the remainder of this news story, click here.

Best Practices for Cybersecurity: Stay Cyber SMART

Best Practices for Cybersecurity: Stay Cyber SMART | #TpromoCom #cybercrime #hackers #hacker #cybersecurity | When it comes to best practices for cybersecurity, you want to be SMART. The CTO of Abacode explains exactly what that means. The usual advice we provide to companies on best practices for cybersecurity boils down to a 5-pronged approach we call Cyber SMART. To read the remainder of this informative article, click here.

Cyber Security