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According to the IC3 Annual Report released in April 2019 financial losses reached $2.7 Most financially devastating threats involved investment scams, business email compromises (BEC) , and romance fraud. The total cost of cybercrime for each company in 2019 reached US$13M. Financial losses reached $2.7 billion in 2018.
As most of us know, IoT devices are on the rise in enterprise networks. According to McKinsey & Company , the proportion of organizations that use IoT products has grown from 13 percent in 2014 to 25 percent today. The issue is that these tens of billions of new devices will likely amplify the inherent security risks of IoT.
Digital transformation is driving IT modernization, IoT, and cloud migrations at a record pace in the federal government. The ability to narrow the gap between taking advantage of digital transformation without compromising security was a reoccurring theme at our 2019 annual Data Security Summit on May 1. Federal Agencies.”
Around this time each year, Thales eSecurity releases our annual Data ThreatReport (DTR). Now in its sixth year, the report is squarely focused on digital transformation and what that means for organizations and their data security. Please visit our website to learn more about our 2019 Data ThreatReport.
I recently had the pleasure of sharing some industry insights from our 2019 Data ThreatReport-Federal Edition on Cyberwire’s Daily Podcast –specifically addressing the gap in security responsibility many federal agencies face today as they move tremendous amounts of sensitive data into multicloud environments.
2020 marks the launch of the Thales Data ThreatReport-Global Edition for the seventh consecutive year. This year the report focuses on the post digital transformation era. The 2020 Thales Data ThreatReport-Global Edition indicates that we have reached a tipping point.
A few weeks ago, we issued the Global Edition of our 2019 Thales Data ThreatReport, now in its seventh year. And as the report points out – these budgets now have to be stretched across many more environments than in the past. Please visit our website to learn more about our 2019 Data ThreatReport-Global Edition.
However, in an attempt to be “better” many organizations have leaned heavily on emerging technologies such as cloud, blockchain and IoT – aka digital transformation. However, as digital transformation proves “better” for many aspects, it isn’t proving to be better for security.
This dual premise and promise is reflected in our Data ThreatReport-Europe Edition – with over a third (36%) of enterprises stating they are now aggressively disrupting the markets they participate in through a digital transformation project or embedding digital capabilities that enable greater organisational agility.
Our annual Thales Data ThreatReport-Federal Edition , released today, found that 98% of federal agencies are storing sensitive data within a digitally transformative environment. Our 2019 federal report found that 78% of respondents were using sensitive data in a cloud environment. Regulations Stoke the Flames.
Bitdefender saw a 338% increase in Smart TV vulnerabilities compared to 2019. These new changes and trends in the threat landscape will likely spill over into 2021. Cybercriminals will likely reuse everything that proved successful during 2020 and users will also have to adapt to better identify and mitigate threats.
The 2019 Thales Data ThreatReport-Global Edition found that 97% of organizations surveyed are implementing digital transformation with 37% reporting aggressive transformation. For more information on the 2019 Global Data ThreatReport-Global Edition, please visit our website.
In fact, in the 2019 Thales Data ThreatReport – Europe Edition launched yesterday, we see that over a third (36%) of enterprises in the region are either aggressively disrupting the markets they participate in – or embedding digital capabilities that enable greater organisational agility. For Europe, the story is no different.
No organization is immune to data security threats. According to our 2019 Thales Data ThreatReport-Global Edition , Globally, 60% of organizations say they’ve been breached at some point in their history, with 30% experiencing a breach within the past year alone.
As highlighted in the 2019 Thales Data ThreatReport , an increasing number of organizations across the globe are now using sensitive data on digitally transformative technologies like cloud, virtualization, big data, IoT, blockchain, etc. To Sum It Up.
healthcare organizations are nearly universal in the adoption of digital transformation technologies (cloud, SaaS applications, big data, IoT, digital payments, containers, and blockchain). This year’s Thales Data ThreatReport-Healthcare Edition shows that cloud usage in the U.S. 12 at 2:00 p.m.
businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. According to the RSA Quarterly Fraud Report Q4 2019, 72% of fraud transactions originated in the mobile channel, and specifically, 59% of fraud transactions were attributed to mobile browsers. Encryption.
Our 2019 Data ThreatReport-Global Edition , revealed that 97% of survey respondents reported their organization was already underway with some level of digital transformation. It’s the top tool for protecting data through digital transformation, it’s the top tool for regulatory compliance and it’s a top tool for IoT.
According to the 2019 Thales Data ThreatReport-India Edition , digital transformation is well underway in India, with 41% of Indian respondents saying they are either aggressively disrupting the markets they participate in or embedding digital capabilities that enable greater organizational agility.
In fact, in the 2019 Thales Data ThreatReport – Europe Edition launched yesterday, we see that over a third (36%) of enterprises in the region are either aggressively disrupting the markets they participate in – or embedding digital capabilities that enable greater organisational agility. For Europe, the story is no different.
DX technologies such as cloud, mobile payments, IoT, Big Data and others have fundamentally changed retailers’ business models, not only by opening new channels to reach customers, but also in how they communicate with, serve, and support them. For more key findings, download the 2019 Thales Data ThreatReport- Retail Edition.
From smart cities and digital IDs to open government and better governance, the Cloud, Big Data, IoT and Artificial Intelligence have enabled a wide range of digital government initiatives. The European Union's Cybersecurity Act passed in 2019 gives ENISA, the EU Agency for Network and Information Security, a permanent mandate.
McAfee researchers addressed the shift in ransomware strategy this week in their McAfee ThreatsReport: June 2021. But as it is with much in the cybersecurity world, there was a focus on ransomware in the report. Likewise, circa 2019/2020, we saw the introduction of leak sites. Ransomware is the Focus. Leak Sites.
Leveraging cloud services and IoT systems to streamline workloads makes a ton of sense. Migration to cloud services and deeper reliance on IoT systems are accelerating. In such a complex and dynamic business environment, threat actors never stop probing and are finding endless ripe attack vectors.
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