German companies are not well prepared for espionage, sabotage or data theft, according to a new poll. The country’s high-tech association interviewed 1,069 executives in charge of corporate security and found that only four out of 10 companies had a disaster-recovery plan in place. InÂ critical infrastructure areas such as energy or financial services, 53 percent Read More..
Cyber security costs money but it’s worth it. That’s the lesson learned from last week’s massive ransomware attack, which caused major problems for authorities, hospitals. companies and private citizens across the globe. It’s also a lesson the auto industry should take to heart. CIOs of automotive companies are committed to keeping offices, factories and cars Read More..
Companies are badly prepared for future strains of ransomware, according to the latest Cisco Cybersecurity Report. The study, which the US-based technology group conducts twiceÂ a year, found that companies are too often operating with a fragile IT infrastructure, donâ€™t stick to internal rules, and are slow to detect cyber-threats. That opens the door to Read More..
Intel is talking to banking advisers about possibly selling its antivirus software division, according to a report in Britain’s Financial Times newspaper. According to the FT, no decision has been made. The California-based technology group declined to comment. Intel, which for decades depended on growing sales of personal computers, has suffered from the continuing decline Read More..
MUNICH — Reply SpA has signed an agreement with The Data Incubator to bring more data-analysis expertise to European companies. Reply, which operates a network of companies focused on developing new, connected technologies and business models, said it will bring The Data Incubator’s data scientist training programs exclusively to Italy, Germany, Switzerland and Austria. Industrial Read More..
IT security teams are having trouble managing digital risk and, as a result, 60 percent of digital businesses will suffer major service failures by 2020, according to a new report. Market researchers Gartners say infrastructure and services outsourcing puts a key part of a digital companyâ€™s operations outside of the control of corporate IT departments. Read More..
Industry 4.0 holds out the promise of smarter manufacturing, but with increased connectivity between plants and machinery, the risk of cyber attacks rises. Thatâ€™s a major problem for companies trying to transform their manufacturing operations to take advantage of the new technologies. Germanyâ€™s Deutsche Telekom polled IT and business decision makers about Industry 4.0 and Read More..
IT attacks on companies are piling up and experts say the automotive industry, a prime target for hackers, isnâ€˜t properly prepared. The damage cyber attacks can do is often substantial and the methods of the attackers are becoming more and more perfidious. Stuxnet was just the beginning. A steel plant in Germany suffered the fate Read More..
The China Automotive Cyber Security Summit 2016 will take place January 21 – 22 in Shanghai amid growing concerns that connected cars and connected car plants will increasingly be the objects of digital attacks. The conference, which brings together automakers, suppliers, various connected-services providers and security specialists, will focus on Â government regulations, emerging automotive cyber Read More..
Security software maker Symantec last month issued a report on the vulnerability of connected cars. The conclusion: There are ways to protect cars from hacking and other cyber attacks. But today’s generation of vehicles, which doesn’t yet have robust connectivity on board, is a clear target for cyber attacks. Cyber security has been in the Read More..