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World Cup a haven for cyber criminals, Israeli cyber security firm warns

July 13, 2018

The 2018 FIFA World Cup isn’t just a haven for soccer fans – according to Israeli cyber security firm CyberInt, it’s a haven for cyber criminals too. According to CyberInt, what the company calls the World Cup’s “cyber environment” – which includes nearly 800 domains using FIFA-related terms – includes 76 unofficial streaming video sites, 32 unofficial merchandise sites, 12 suspended hosting accounts, 11 gambling sites, and nine “suspicious”…

BMO, CIBC victims of cyber breach, attackers demand $1 million from each in cryptocurrency

June 27, 2018

Canadian banks rarely acknowledge they’ve been involved in a cyber security incident. On Monday two of the country’s biggest retail banks reportedly suffered a data breach and are notifying customers. The Bank of Montreal and CIBC’s Simplii Financial online bank said they are investigating apparent breaches of customer information, each apparently involving tens of thousands of customers. Late Monday the CBC said several news services had received an…

How enterprise IT investment is being driven by C-level strategy

April 11, 2018

In the evolving global networked economy, every type of company essentially becomes a technology-oriented firm – in one form or another. That’s fueling the strategic investment in IT infrastructure and services. Currency market changes are another key factor. As a result, worldwide IT spending is projected to total $3.7 trillion in 2018 — that’s an increase of 6.2 percent from 2017, according to the latest market study by…