Could cyber crime be even more damaging than floods to the country’s key industries? A Government summit suggests they might. Inside the Enterprise: As waves and wind lashed the south west of England, the Government convened its COBRA emergency committee to organise a response this week. But elsewhere in Whitehall, another group of senior officials met to discuss another, potential, disaster: a cyber attack on the UK’s national infrastructure. The summit, hosted by Business Secretary Vince Cable, and the director general of GCHQ, Sir Ian Lobban, brought together the industry regulators…

The experts at Kaspersky Lab have summarized spammer activity for 2013: The proportion of spam in email flows was 69.6% in 2013, which is 2.5 percentage points lower than the previous year The percentage of emails with malicious attachments was 3.2% – 0.2 percentage points lower than in 2012 32.1% of phishing attacks targeted social networks The biggest sources of spam were China (23%) and the USA (18%) The proportion of spam in email traffic continues to fall – in the last three years the share of unsolicited messages has…

More than 60% of IT decision makers feel that not enough time or money is available to develop IT security policies. As a result, barely half of the companies feel that they have highly-organized, systematic processes to deal with threats. These findings emerged from the recent Global Corporate IT Security Risks 2013 survey conducted by B2B International for Kaspersky Lab in 2013 among business representatives around the world. The situation is especially poor in the educational industry, where only 28% of organizations are confident that they have sufficient investment in IT security policies.…