90% of cyberattack costs tend to be "hidden," report says

Cybersecurity becoming a top concern in the C-suite | Mobile malware a rising threat for banking apps | KPMG: 55% of US retailers aren't investing in new cybersecurity measures Created for {EMAIL} | [Web Version] August 25, 2016 [Data Security & Privacy SmartBrief] [Data Security & Privacy SmartBrief] [SIGN UP] ⋅ [FORWARD] ⋅ [ARCHIVE] Top Story [Cybersecurity becoming a top concern in the C-suite] Directors of public companies are considering cybersecurity more often as part of their job functions. Growing cybersecurity budgets and the rise of massive data breaches, such as the one experienced by Target, are causing data protection to be prioritized. [The San Diego Union-Tribune (tiered subscription model)] (8/19) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Cyber Risk [Mobile malware a rising threat for banking apps] Malware that enables hackers to steal banking credentials through mobile phones is a rising threat and is difficult to detect, experts say. A program called Acecard, for example, is able to mimic an estimated 50 financial-services apps. [The Wall Street Journal (tiered subscription model)] (8/25) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] By the Numbers [KPMG: 55% of US retailers aren't investing in new cybersecurity measures] More than half -- 55% -- of senior cybersecurity executives in the retail sector haven't invested in cybersecurity measures in the past 12 months, a KPMG survey found. Among consumers, 33% said they would not do business for at least three months with a retailer that had suffered a substantial data breach. [FedScoop] (8/23) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [90% of cyberattack costs tend to be "hidden," report says] The "hidden" or less visible costs of a cyberattack include higher insurance premiums and operational disruption, Deloitte Advisory says. Organizations can guard against such losses by having strong governance, security controls, systems monitoring and incident-response plans, says Emily Mossburg of Deloitte. [CSO] (8/24) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Practice & Policy [Auto industry gets closer to potential cybersecurity rules] Public comments are due this week on a petition before the Federal Communications Commission calling on regulators to create a framework for ensuring the cybersecurity of connected automobiles. The FCC began taking comments in June at the behest of lawmakers and advocacy groups that say the auto sector needs cybersecurity and privacy standards. [Morning Consult] (8/24) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] - [Top business schools implement cybersecurity programs] BusinessBecause (8/21) AllClear ID News 6 reasons to step up your security game this year Protecting both customer data and intellectual property is central to brand resilience, growth and profitability. [Download The C-Suite and Cybersecurity Landscape] -- a new report from Forrester Research -- and find out: - The six most significant changes in security economics and government policy - How they'll impact your business in 2016 - Steps your business should take to successfully address these changes in 2016 and beyond [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Think your business is prepared for a breach? Think again [Download this infographic] and find out what your business is doing right, what you're doing wrong and common roadblocks to becoming truly breach ready. [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Learn more about AllClear ID: [About AllClear ID] | [AllClear ID Breach Response] [AllClear ID Resources] That is the true perfection of man, to find out his imperfections. St. Augustine, philosopher and theologian [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [Sign Up] [SmartBrief offers 200+ newsletters] Subscriber Tools: [Manage Subscriptions] [Update Your Profile] [Unsubscribe] [Send Feedback] [Archive] [Search] Contact Us: Editor - [Amanda Gutshall] Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 © 1999-2016 SmartBrief, Inc.® [Privacy policy] | [Legal Information] Â