02-13-2015, 12:03 AM
According to a PwC report from September, cyber hacks are increasing at 66% year-over-year, and cybersecurity investments are responding in kind: IDC is expecting the cybersecurity sector to have a 7% compound annual growth rate through 2017.
Cybersecurity Investments Promise Returns for Investors Looking to Capitalize on Hacks - MainStreet
Many U.S. companies aren't doing enough to secure their sensitive data and could easily face the same kind of hacking problem now bedeviling Sony (SNE) , experts say.
Why Most Companies Could Be Hacked Just as Easily as Sony - TheStreet
A hacker has released a tool that he says can break into any iCloud account. The tool, iDict, uses an exploit in Apple's security to bypass restrictions that stop most hackers from gaining access to accounts. On iDict's GitHub page, user "Pr0x13" says the exploit used to create the hacking tool is "painfully obvious" and that it "was only a matter of time" before hackers used it to break into iCloud accounts.