Gabriela García and David Meléndez presented a compelling talk on technical flaws in railroad networks to a crowd of 1,500 at RootedCON, the largest cybersecurity conference in the Spanish-speaking world, on March 7. The talk shed light on a specific vulnerability in railroad signaling safety. García, a software developer, hacker, and educator, collaborated with Meléndez, an experienced R&D engineer on the Innotec Security hacking team, to deliver the presentation. Following the presentation, which garnered attention…
Open share links Cybersecurity threats remain prevalent, with data breaches increasing by 20% from 2022 to 2023, and a cyberattack in March 2024 on a major U.S. health care billing company causing widespread repercussions. Moreover, artificial intelligence has introduced new potential threats, many of which are still unforeseen. Despite the magnitude of these threats, many companies have grown accustomed to the dangers, while others struggle to determine where to focus their cybersecurity efforts. No company…
Only two percent of organisations possess a “mature” level of cybersecurity readiness, as revealed by Cisco's 2024 Cybersecurity Readiness Index.Presented at this week's Enterprise Connect, this concerning statistic indicates a decline from last year, where 17 percent of organisations were considered mature in cybersecurity readiness. Equally troubling is the fact that the majority of organisations, a staggering 72 percent, fall under Cisco's Beginner or Formative stages of cybersecurity readiness.The Readiness Index captures a period marked…
According to Cisco's 2024 Cybersecurity Readiness Index, only 3% of organizations worldwide have reached the 'Mature' level of readiness for modern cybersecurity risks. The majority of organizations, two-thirds in fact, are still in the 'Beginner' or 'Formative' stages of readiness. The index highlights a significant decrease in readiness compared to the previous year when 15% of companies were classified as 'Mature'. Despite facing various cyber threats such as phishing, ransomware, supply chain attacks, and more,…
Whittier Trust Co. reduced its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR – Free Report) by 36.8% during the fourth quarter, according to a report from HoldingsChannel. The institutional investor owned 600 shares of the company's stock after selling 350 shares during the quarter. Whittier Trust Co.'s holdings in First Trust Nasdaq Cybersecurity ETF were valued at $32,000 at the end of the quarter. Other institutional investors and hedge funds have also…
Airbus Defence and Space is making a strategic move to boost its cybersecurity measures by acquiring INFODAS, a prominent cybersecurity and IT solutions provider in Germany. This acquisition underscores Airbus's commitment to fortifying its digital infrastructure security in the face of increasing global cyber threats. A Strategic Acquisition for Enhanced Cybersecurity As a division of the global aerospace giant Airbus, Airbus Defence and Space has announced its intent to acquire INFODAS, a Cologne-based company in…
News Summary: Only three percent of organizations globally have the ‘Mature’ level of readiness needed to be resilient against today’s cybersecurity risks. Readiness is critical as 73% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months. Companies are taking action to address this as 97% of companies plan to increase their cybersecurity budgets in the next 12 to 24 months. SAN JOSE, Calif., March…
Cyber Product Owner UBS | Israel | On-site – View job details Your primary responsibilities will include owning and managing application security testing products, collaborating with the cyber hygiene operational team, and understanding their needs. You will also engage with the application development community to comprehend their requirements for application security testing. Cybersecurity Engineer AKUR8 | France | Hybrid – View job details AKUR8 seeks a cybersecurity engineer to help improve security posture and manage…
The Slippery Rock Area School District’s board made a decision on Monday evening, March 25, to participate in a no-cost grant opportunity aimed at enhancing the district’s cybersecurity. Assistant Superintendent Susan Miller stated on Tuesday that the State and Local Cybersecurity Grant Program comes at no expense to the district. “This is a complimentary opportunity provided by the Pennsylvania Department of Education to help school districts address cybersecurity risks and threats,” Miller explained. “In particular,…
Summary: A groundbreaking cyber detection method has been introduced through a collab the between Multiverse Computing and CounterCraft. Using quantum-inspired algorithms, this novel approach surpasses traditional security systems, ushering in a new standard of cybersecurity alertness. In the realm of cyber defense, a new dawn emerges with a quantum-inspired method for identifying online malicious activities. Through the combined efforts of Multiverse Computing and CounterCraft, the innovative Matrix Product State (MPS) model offers a paradigm shift…