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South Korean Nuclear facilities hacked — Will there be a shutdown on Christmas?

Smart Grid Wyly

View image | gettyimages.com Continuing to strengthen the need for SmartFile by Cybergy Partners, Computer systems at Korea Hydro and Nuclear Power Co. (KHNP)—the operator of South Korea’s 23 commercial nuclear reactors—were hacked and information divulged via blog posts and posts on Twitter, according to the company. The first leaks on Dec. 15 were of…

Mount Knowledge Holdings, Inc. Announces a Definitive Agreement to Acquire Civergy Inc.

Mount Knowledge Holdings, Inc. (OTCQB: MKHD), a software development and sales company focused on providing innovative technology solutions announced today that it has entered into a definitive agreement to acquire 100% of Civergy, Inc., a national leader in smart grid technologies and cyber-security, in a share exchange agreement pursuant to which its shareholders will become…

Global Cyber Security Market to Reach $120.1 Billion by 2017 at a 11.3% CAGR

The global cybersecurity market is expected to grow from $63.7 billion in 2011 to $120.1 billion by 2017, at an estimated compound annual growth rate of 11.3% from 2012 to 2017, according to the report. “Cyberspace today is powered by a gamut of devices and applications that have made it vulnerable to threats from all kinds of users…

Cybersecurity Expert: Assume You’re Being Attacked Right Now

When it comes to IT security, it’s best to assume hackers or cybercriminals have already penetrated your network, according to cybersecurity expert Roger Cressey. Unfortunately, Cressey said, the U.S. is still dealing with many of the same problems he saw more than a decade ago, from data beaches to security critical infrastructures. “All of those issues…

How To Protect Yourself From Hackers

Hacking attacks are increasing. To make matters worse, hackers can use many ways, from low tech methods to sophisticated techniques to steal your private data and information. The main reason why hackers go after your personal information is identity theft! There were 12.6 million victims of identity theft in 2012 – or, to put it into perspective,…

CIOs again see employees as biggest cyber security threat

CIOs seeing employees as the biggest cyber security threat; Sounds like another reason everyone should be using BiON Smartfile. But really when were employees not the biggest security risk. We have always known from countless studies and after action reports that the vast majority of frauds, security violations and risk came from employees either trying…

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