Healthcare underspends on cybersecurity as attacks accelerate

Healthcare providers are far behind other industries when it comes to protecting their data and the number of attacks is only expected to accelerate.

At an annual confab designed to celebrate the latest in technological innovation, a newly released survey offered a sobering take on healthcare’s flimsy defenses.

Healthcare providers are averaging less than 6% of their information technology budget expenditures on security, according to the survey from HIMSS Analytics, the research arm of the Healthcare Information and Management Systems Society, and security firm Symantec.

Read more…

Advertisements

Who really hacked Sony?

Who really hacked Sony? Cybersecurity researchers say they finally know

A group they’ve dubbed “Lazarus Group” is well organized and tied to numerous other attacks on governments, banks, and military institutions in the US and South Korea since 2009.

More than a year after the devastating Sony Pictures hack, a trio of cybersecurity firms claim to have pinpointed the culprits behind the breach that rattled Hollywood and invigorated President Obama’s cybersecurity agenda.

The companies said in a report released Wednesday that an outfit it dubs “Lazarus Group,” which has carried out high-profile attacks on government agencies, militaries, and banks in the US and South Korea since 2009, is responsible for the Sony Pictures incursion in November 2014.

read the original article.

Is The Cybersecurity Bubble About To Burst?

The stock markets in general have been delivering a lot of bloody noses in the year to date, but one of the particularly big surprises in this downward slide has been the absolute beating cybersecurity companies are taking. In this age of data breach fears and increasing security spend, these firms have long been vaunted as recession-proof. But the industry’s notable public firms are looking worse for the wear in 2016.

So, the question is, have we reached peak cyber?

Read an interesting darkreading.com article on the topic.