Increasing risk of data breaches affecting growth small businesses

Security today announced the results of its annual study examining the financial impact of data breaches on organizations. According to the report, the cost of a data breach has risen 12% over the past 5 years1 and now costs $3.92 million on average. These rising expenses are representative of the multiyear financial impact of breaches, increased regulation and … Continue reading Increasing risk of data breaches affecting growth small businesses

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Tips on preparing for and managing Ransomware Attacks

IBM X-Force Incident Response and Intelligence Services (IRIS) offers the following recommendations for organizations, cities, government entities, and beyond on how they can prepare for ransomware attacks: Rehearse and Test Your Incident Response: It's not a matter of if an incident response plan will be tested anymore, but a matter of when. Create a detailed incident response plan and … Continue reading Tips on preparing for and managing Ransomware Attacks

Man started his company in a closet, sold it to IBM at $34 billion

  In 1993, Bob Young was unemployed and working out of his wife's sewing closet on a new company he co-founded. Late in October, that company sold to IBM for $34 billion in the tech giant's largest acquisition ever. "It's, no question, an out of body experience," Young said. Image: Bob Young Young, the co-founder and former … Continue reading Man started his company in a closet, sold it to IBM at $34 billion

Vision 2020: IBM to hire 25,000 Americans in 4 years

The International Business Machines Corporation (IBM) has revealed its 2020 goals, one of which is to employ 25,000 persons in the United States of America. This information was released ahead of a meeting scheduled earlier today between Donald Trump and CEOs of other tech giants. Nearly 6,000 appointments will be made in 2017, the tech … Continue reading Vision 2020: IBM to hire 25,000 Americans in 4 years