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Too Many Companies Failing on Cybersecurity Basics, Warns Expert

NEW YORK (TheStreet) -- While companies across the United States are spending a lot of money to thwart cyberattacks, they're not paying enough attention to the fundamentals of "cyberhygiene," according to Jane Holl Lute, CEO of the nonprofit Council on CyberSecurity.

Holl Lute said that even the biggest companies aren't 100% sure who is on their networks, what those individuals are trying to run on the company's systems, or who has administrative permissions. She said too many companies also lack automated systems to detect and prevent security breaches, or to cue people in the company's technology department when there is one.

The obvious...