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Intrusion (INTZ) is a little known security company with several interesting products. TraceCop is a stable cash flow generating product that has a unique database which makes the product difficult to dislodge from the market. Growth opportunities lie in its new product Savant, the sale of which goes largely through a big channel partner selling it under their own name and ramping up efforts. Not widely known is that Savant beat a much bigger competitor to a substantial order, sign of market acceptance.
Intrusion Rally Still Has Legs - Intrusion, Inc. (OTCMKTS:INTZ) | Seeking Alpha
The cyber security market represents a big growth opportunity for a small player like Intrusion, especially for its new Savant product dealing with advanced persistent threats. In the previous quarter, Savant beat a big competitor for an order, and the customer enthusiasm has led their big reseller to greatly expand sales efforts. While this has not yet led to a dramatic increase in sales, the opportunity is certainly there. The risk are rather manageable, with the company being in good financial health.
Intrusion Has A Very Favorable Risk/Reward Ratio - Intrusion, Inc. (OTCMKTS:INTZ) | Seeking Alpha
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Sony Pictures' decision to shelve the film "The Interview" in the face of cyber attacks has set a worrying precedent and is sending companies scrambling to guard sensitive data, security experts said on Thursday.
The Sony Hack Has US Companies Scrambling To Guard Their Data - Business Insider
I had an interesting conversation with a person in the computer security industry a few weeks ago. This person is absolutely convinced that 2015 will be the year that some company goes out of business because it didn't plan adequately for an attack.
Hack Attack Will Drive Some Big Company Out Of Business - Business Insider
The recent attack on Anthem is the latest in a long series of data breaches at corporations in the U.S. by hackers seeking customer credit card numbers, user passwords, internal documents and emails. Here’s a tally of what hackers have made off with, and how the stock market reacted—or didn't—in the immediate aftermath.
A Quick Guide to the Worst Corporate Hack Attacks - Business, Financial & Economic News, Stock Quotes
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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.
Hacker Tool For iCloud Account - Business Insider
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A new wave of U.S. National Security Agency (NSA) document leaks show the agency wasn’t able to spy on everyone thanks to some encryption tools several programs use that successfully thwart digital espionage.
New Snowden Documents Reveal That The NSA Can’t Hack Everyone | ThinkProgress
Keeping cyber thieves at bay is hard. They are busy, well-motivated and well-financed. Just one example serves to show just how prolific they are. Every day, come rain or shine, they crank out about 250,000 novel variants of viruses.
BBC News - Why small firms struggle with cyber security
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Thousands of people will have their personal files held hostage this year, by software that uses virtually unbreakable encryption.
How Ransomware Works, and Why You Should Be Afraid | MIT Technology Review
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Over a billion personal data records were compromised by cyberattacks in 2014, a new report has revealed, driven by high-profile breaches on Home Depot, JPMorgan and eBay. The 1,023,108,267 records breached in 2014 came from just 1,541 incidents, according to the Breach Level Index report by digital security company Gemalto. It marked a 78 percent surge in the number of personal data records compromised compared to 2013.
Year of the hack? A billion records compromised in 2014
The president's counterterrorism chief will announce the Cyber Threat Intelligence Integration Center -- a new department designed to protect America from digital aggressors. With the Sony Pictures and JPMorgan hacks in mind, President Obama pledged to beef up America's digital security in his most recent state of the union address, and the CTIIC is part of that.
US launching a new cyberwarfare agency in wake of Sony attacks
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Intrusion has a stable, revenue generating internet security product and a new innovative one, Savant, which could set the company on a new growth path. There are signs of this catching on, mostly due to a big client win over significant competition a few quarters ago. But progress is disappointing as the company and its big reseller are still figuring out the best way to market Savant.
Intrusion Requires Patience - Intrusion, Inc. (OTCMKTS:INTZ) | Seeking Alpha
A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday.
Cybercrime ring steals up to $1 billion from banks - Business Insider
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Cyber attacks are one of the most pressing concerns for banking chief executives, according to a new poll. One day after a cyber theft was revealed to have taken an estimated £650m from financial firms around the world, a global survey of banking and capital markets bosses found that online threats came second only to over-regulation as the biggest perceived danger to the industry.
Banking bosses say a cyber attack is among their biggest fears - Telegraph
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The revelation showed that spending on defenses against the increasing threat of criminal hacking can prove futile: J.P. Morgan enlisted about 1,000 employees to secure its data, with a $250 million budget, and was still cracked. The bank’s CEO, Jamie Dimon, wrote in an annual letter to shareholders that “cyberattacks are growing every day in strength.”
The banking industry’s biggest cyber fears - MarketWatch
Here are four of the financial industry’s biggest cyber fears.
The banking industry’s biggest cyber fears - MarketWatch
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US intelligence agencies have placed cyber attacks from foreign governments and criminals at the top of their list of threats to the country. Online assaults would increasingly undermine US economic competitiveness and national security, said Director of National Intelligence James Clapper.
BBC News - US spy chief James Clapper highlights cyber threats
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