Tag Archives: governments

cyber crime: Cyber threats outpacing abilities of governments …

NEW DELHI: As cases of data breach and online frauds fox the authorities in India and abroad, the World Economic Forum (WEF) has warned that cybersecurity threats are outpacing the abilities of the governments and companies to overpower them unless all stakeholders cooperate.

In a new report to be discussed in detail at its annual meeting in Swiss ski resort town of Davos by over 3,000 world leaders including from India, the Geneva-based WEF said working collaboratively in the cybersecurity space is difficult and there is no “simple policy solution or silver bullet here”.

The increasingly networked, digitised and connected world is vulnerable to cyber threats that can only be addressed by the combined capabilities of the public and private sector, said the new report prepared by the WEF in collaboration with the Boston Consulting Group (BCG).

The report, Cyber Resilience:

Read more at: https://economictimes.indiatimes.com/tech/internet/cyber-threats-outpacing-abilities-of-governments-companies-world-economic-forum/articleshow/62494975.cms

Cyber threats outpacing abilities of governments, companies: World Economic Forum

NEW DELHI: As cases of data breach and online frauds fox the authorities in India and abroad, the World Economic Forum (WEF) has warned that cybersecurity threats are outpacing the abilities of the governments and companies to overpower them unless all stakeholders cooperate.

In a new report to be discussed in detail at its annual meeting in Swiss ski resort town of Davos by over 3,000 world leaders including from India, the Geneva-based WEF said working collaboratively in the cybersecurity space is difficult and there is no “simple policy solution or silver bullet here”.

The increasingly networked, digitised and connected world is vulnerable to cyber threats that can only be addressed by the combined capabilities of the public and private sector, said the new report prepared by the WEF in collaboration with the Boston Consulting Group (BCG).

The report, Cyber Resilience:

Read more at: https://economictimes.indiatimes.com/tech/internet/cyber-threats-outpacing-abilities-of-governments-companies-world-economic-forum/articleshow/62494975.cms

Computer hackers targeting local firms, governments – even grandparents

The City of Lockport two years ago paid a ransom to a computer hacker who had gained access to the city’s police records and locked them down.

The Niagara County Health Department computer was hacked earlier this year, and the hacker demanded a ransom to unlock the computer.

Computer hacking is not just the work of foreign governments getting into government or political parties computers. Computers are hacked every day in Erie and Niagara counties, computer experts say.

Hackers have targeted hundreds of local businesses, hospitals, schools and other institutions, according to Jason Fickett, special agent in charge of the Buffalo FBI’s Cyber Squad.

Some local companies have paid thousands of dollars in ransom to hackers who blocked access to computerized information – like Social Security numbers and credit card data to private details about individuals’ health care. Nationally, ransomware is believed to be a billion dollar a year industry.

“The criminals will lock down

Read more at: http://buffalonews.com/2016/12/31/local-victims-targeted-computer-hacking-crimes-rise-alarming-rate/