New research conducted this month reveals that the attacks on international businesses, including banks and retail giants such as Target, led to a significant 60% of US businesses surveyed increasing their cyber security budget.
GitHub is the latest service to announce that they have started a security bug bounty program.
Facebook has announced that it has awarded $33,500 - their biggest bug bounty payout to date - to a Brazilian security researcher that discovered a remote code execution flaw affecting Facebook's servers.
Security threats are imminent, but CEOs and other members of the management team are in the dark about potential cyber-attacks against their companies, say the results of a Ponemon Institute report entitled, "Cyber Security Incident Response: Are we as prepared as we think?" The research also shows that, as a result, Computer Security Incident Response Teams (CSIRTs) often lack the resources necessary to fend off the continuous onslaught of advanced threats facing today's organizations.
93% of companies globally are maintaining or increasing their investment in cyber-security to combat the ever increasing threat from cyber-attacks, according to a new survey released by EY (Ernst & Young).