This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekdayRansomware attacks have now topped online espionage as a national security threat, according to the head of the UK’s National Cyber Security Centre.Lindy Cameron told London’s Royal United Services Institute today that while … [Read more...] about World leaders target cyber threats
CYBERSECURITY
Bank of America spends over $1 billion per year on cybersecurity
Bank of America CEO Brian Moynihan said Monday that the company has ramped its cybersecurity spending to over $1 billion a year."I became CEO 11 and a half years ago, and we probably spent three to $400 million [per year] and we're up over a billion now," Moynihan said on CNBC's "Squawk Box.""The institutions around us, other institutions and my peers, spend like amounts, and … [Read more...] about Bank of America spends over $1 billion per year on cybersecurity
MDR services coming to organizations across the UK government, defence, intelligence, and private sectors via Field Effect and Titan Labs partnership
OTTAWA, ON and READING, England, June 14, 2021 /CNW/ - Field Effect, a global cyber security company specializing in intelligence-grade protection for small and medium enterprises, and UK-based Titan Labs, an IT security consultancy specializing in advanced cyber security solutions for organizations in the public, private, defence, and intelligence sectors, today announced … [Read more...] about MDR services coming to organizations across the UK government, defence, intelligence, and private sectors via Field Effect and Titan Labs partnership
Texas lawmakers passed several bills aimed at boosting the state’s cybersecurity
KILLEEN, Texas (KWTX) - Texas lawmakers passed several bills this legislative session aimed at beefing up the state’s cybersecurity and warding off cyberattacks like the ones that recently rattled America’s oil and beef supply chains. One bill that Gov. Greg Abbott has already signed into law will require all employees and appointed officials in local governments who use a … [Read more...] about Texas lawmakers passed several bills aimed at boosting the state’s cybersecurity
Ransomware hackers now bigger cyber threat to UK than hostile states
Criminal hackers carrying out ransomware attacks now represent a bigger risk to UK national security than online espionage by hostile states, Britain’s cyber defence chief will warn on Monday.Lindy Cameron, chief executive of the National Cyber Security Centre — a branch of GCHQ — will accuse Britons of neglecting the threat from ransomware hackers, in a speech to London’s … [Read more...] about Ransomware hackers now bigger cyber threat to UK than hostile states