Pertinent Articles From Around The Web Pertaining To Cyber Security

The worlds largest global threat intelligence network consists of more than 8 million 'sensors' gathering attack telemetry data in near real time; the results are alarming ... see for yourself!

The Information Security Breaches Survey 2014, commissioned by the Department for Business, Innovation and Skills (BIS) and carried out by PwC, found that 81% of large organisations suffered a security breach, down from 86% a year ago. 60% of small businesses reported a breach, down from 64% in 2013.

Although organisations are experiencing fewer breaches overall, the severity and impact of attacks has increased, with the average cost of an organisations’ worst breach rising significantly for the third consecutive year. For small organisations the worst breaches cost between £65,000 and £115,000 on average and for large organisations between £600,000 and £1.15 million.

In a talk that might one day go down as the start of Microsoft's 'Trustworthy Computing 2.0' era, CEO Satya Nadella on Tuesday described his company's plans to elevate security beyond the code level.

Speaking at the Government Cloud Forum in Washington, D.C., Nadella reported on the progress Microsoft has made to address today's security threat landscape. He unveiled Microsoft's vision of creating an 'intelligent security graph' out of its new Cyber Defense Operations Center, based in Redmond, Wash., as well as Microsoft's plan to invest $1 billion in R&D to build security into Windows, Azure and Office 365.

Staying ahead of current and emerging threats requires an integrated, analytics-driven approach. By combining Microsoft global threat intelligence and expertise with insights into security-related events across your Azure deployments, Security Center helps you detect actual threats early, and it reduces false positives. Security alerts offer insights into the attack campaign, including related events and impacted resources, and suggest ways to remediate issues and recover quickly.

Heard about the multi-billion pound takeover that collapsed because cyber criminals stole confidential information on the deal? Or how about the millions of pounds stolen on a regular basis from British banks?

Every minute, of every hour, of ever day, a major financial institution is under attack.

The chances are you probably have not and that is because few of these stories ever make the news. Look at the latest warnings from the Bank of England and senior industry executives and there is no doubt that the “cyber threat” has become one of the biggest problems facing the financial system.