The figure sounds alarming, 60 percent of small companies went belly up within six months of a breach. And that stat was repeated several times by lawmakers as a House panel debated - and approved - a bill aimed at helping small businesses battle hackers. But is that number true?
The influence of President Obama's cybersecurity legacy on the next administration is among the topics to be discussed at ISMG's Fraud and Data Breach Summit in Washington May 17-18. Featured speakers include NIST's Ron Ross, DHS's Phyllis Schneck and Virginia Technology Secretary Karen Jackson.
Revelation of 321 attempts to place ransomware on federal government computers in the second half of last year raises a number of questions about the effectiveness of the Einstein intrusion detection and prevention system as well as how the government responds to such attacks.