Businesses spend just 5% of budgets on IT security

Source: National Cyber Security – Produced By Gregory Evans Businesses are spending on average just over 5% of their overall IT budgets on trying to prevent the latest hacks and security breaches, according to analyst house Gartner. Despite the growing risk of threats facing organisations, surprisingly, Gartner said that The…

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Bulgarian hacker on the run for 10 years will spend next 30 months in prison in N.J. cybercrime case

After a decade on the run, a Bulgarian national tied to a worldwide cybercrime ring responsible for racking up millions in unauthorized bank charges was sentenced today to 30 months in prison. Aleksi Kolarov, 32, who pleaded guilty to identify […] For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net…

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Coast Guard will spend millions for Sandy-related emergency supplies without ‘full and open competition’

Jacob Goodwin Top Priority Sector:  disaster_preparedness_emergency_response Due to the urgent need for food, shelter and other services in the Northeast in the wake of Hurricane Sandy, the U.S. Coast Guard has authorized the procurement of as much as $30 million worth of mortuary services, construction, bottled water, trailers, food services…

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