A report indicates that Atlanta spent a little over $2.6 million to defend itself against the SamSam ransomware attack that crippled city services earlier this year.
SunTrust Banks investigate a possible data theft by an employee that could have exposed the personal information of 1.5 million customers. The incident shows insider threats remain a significant security issue.
At last week's RSA conference, the recent US and UK disclosure that Russia-backed actors have been targeting unpatched and older routers stirred conversations among security experts.
With more and more traffic being encrypted, IT departments are having difficulty identifying the source of traffic coming into their network and past the firewall.
Kirstjen Nielsen, the secretary of the US Department of Homeland Security, told this week's RSA Conference that cybercrime will reach $6 trillion annually within the next three years, and that the federal government and private business need to step up their game.
ARCHIVED | August 31, 2017, 3pm EDT
An interview with Steve Grobman, CTO of McAfee
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