The cost of a ransomware attack can be pretty substantial. Businesses that are not well prepared are looking at lost revenue from downtime and massive damage to their reputation, not to mention a pretty hefty ransom bill as well.

For web hosting company Nayana, that was $1 million. Nayana, which is based in South Korea, had 153 of its Linux-based servers infected by the Erebus ransomware on June 10. The attack affected roughly 3,400 customers that relied on its services for hosting websites, databases and multimedia content.

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Digital solutions are becoming an increasingly profitable operation for many businesses, generating almost half of revenue (47 percent) for most major organizations, according to a new report.

That's according to Pure Storage which surveyed 9,000 businesses in 24 countries and in three regions (US, EMEA, Asia Pacific), and found that digital transformation is "no longer a buzzword" but is, in fact, actually happening right now.

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When the WannaCry attack hit last month, a patch was already available to prevent it. Its victims were those who had failed to deploy it.

Software management company Flexera is aiming to help companies close the risk window between patches and attacks with the launch of its new Software Vulnerability Manager.

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Cyber security is a top concern in the boardroom, to the point where it’s a more important issue than Brexit. That's according to a new report from Radware examining the state of cyber security across the US and Europe.

The study shows that in 85 percent of cases security threats are now being discussed on a board level. Almost all of them (94 percent) see cyber security as a top priority, and two thirds (62 percent) see it as "extremely important." This figure is up nine percent, compared to last year.

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UK businesses are putting almost no effort into securing the data they keep on USB drives, which is not in line with what GDPR demands, potentially putting them at risk of being hit with huge fines.

That's according to data storage firm Kingston, which concluded after polling 480 employees from companies in various industries.

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British businesses are being hit by more malware than ever, new research reveals.

In the wake of the huge WannaCry attack last month, an investigation by cybersecurity experts Malwarebytes found that malware incidents faced by UK businesses increased 500 percent year over year.

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Freelancers are, quite literally, taking over the world. A 2016 study titled "Freelancing in America: 2016" from the Freelancers Union found that the freelance workforce grew from 53 million workers in 2014 to 55 million in 2016, currently representing 35 percent of the U.S. workforce and $1 trillion of the U.S. economy.

Working with freelancers can yield incredible benefits to technology companies that know how to use them. Freelancers are cost-effective and flexible, enabling companies the ability to stay lean and scale up and down as needed. Freelancers also mitigate the risks of growing too fast, fill talent gaps -- which are a particularly pronounced problem in the tech industry -- and give employers access to a boundary-free, limitless talent pool.

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People are increasingly looking to separate marketing messages from their other emails by having them sent to a separate account.

According to a new survey of consumer email habits from Yes Lifecycle Marketing, 36 percent have opened separate email accounts solely for brand communication. For millennials that number jumps to more than half (58 percent).

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More than a third (34 percent) of business managers and HR professionals in the UK are not satisfied with the technology they work with every day.

This is according to a new report by IDC and Cornerstone OnDemand, which analyzed if UK workplaces are supplying the latest tech to their employees to help them work better.

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Office 365 is the world's most popular cloud service, but widespread use of the platform also makes it a primary target for cyber attacks. Breaches tied to phishing email scams and lack of strong identity security are accelerating.

Adaptive access control specialist SecureAuth is launching a new enhanced security solution aimed at protecting Office 365 from attack by improving authentication.

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A new study by the Information Security Forum (ISF), an independent authority on cyber security and information risk management, reveals that threat intelligence isn't delivering the expected business objectives.

While 82 percent of ISF Members surveyed have a threat intelligence capability, with the remaining 18 percent planning to implement one in the next twelve months, only 25 percent of those surveyed believe their capability is fully delivering.

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Software bugs have been a problem since the very earliest days of computing, and as we move towards more data-intensive applications and a more sophisticated and flexible user experience, QA and testing remains as vital as ever.

Development platform company Sencha has released the results of a new survey carried out by Dimensional Research, looking at current attitudes and common experiences surrounding the testing of web applications.

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Moving your company’s files to the cloud could be about to get easier than ever, thanks to a new release from Box.

The online storage giant has revealed the launch of Box Drive, a new platform targeting enterprises that are looking for an easy way to embrace cloud computing for all employees.

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Time is running out to ensure that your organization is prepared for the upcoming General Data Protection Regulation (GDPR) and with less than a year to go now is the time to take action.

In order to help organizations prepare for GDPR, the data governance firm DQM GRC has released a free online GDPR Self-Assessment Tool that provides insight into a company's compliance levels compared to the new regulation and offers practical advice on how they can overcome their biggest challenges.

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Despite moves towards other methods of verification, most enterprises are still using passwords to secure their systems.

But based on results from its password assessment tool Preempt Inspector, behavioral firewall company Preempt shows that many enterprise users are still relying on compromised or poor quality passwords.

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