Why Are Cities So Vulnerable to Cyber Attack?
CityLab – Cybersecurity expert Cesar Cerrudo predicted ransomware attacks like the one that paralyzed Atlanta’s city government. City leaders everywhere should understand this threat, he says—and how it could have been a lot worse. For more than a week, one of America’s largest cities has been caught in a “hostage situation.”
Gartner Expects 2018 IoT Security Spending to Reach $1.5 Billion
Dark Reading – Regulations, breach concerns will push spending to over $3 billion by 2021, analyst firm says. Enterprises worldwide will spend $1.5 billion this year protecting their IoT networks and connected devices against a range of security threats, according to new estimates from Gartner.
Security Specialists Displayed Ransomware Attacks On Robots
IHLS (Israel’s Homeland Security) – Security services firm IOActive has warned that tens of thousands of robots are a threat to human safety after its researchers were able to carry out a ransomware attack against two top brands. The alert comes six months after the company warned that the most popular industrial and domestic robot brands have vulnerabilities that could be exploited by cyber attackers.
U.S. Government Accuses Russia of Hacking the Power Grid
eWEEK – A joint Department of Homeland Security and Federal Bureau of Investigation analysis finds evidence that Russia has been actively targeting critical infrastructure in the U.S with cyber-attacks. What should grid operators do in the U.S. to limit risks?
How Long Does It Take Hackers To Pull Off a Massive Job Like Equifax?
Popular Mechanics – How to steal 143 million customer records without anybody noticing. The time it takes hackers to download records depends on how large the files are. A photo contains a heck of a lot of data; a text file listing your name, address, social security number, etc., would be far smaller—especially given that the data could be compressed.