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Critical Start today released its biannual Cyber Intelligence Report, featuring the top threats observed in the first half of 2023 and emerging cybersecurity trends impacting the healthcare, financial services, and state and local government industries. It's estimated LockBit had nearly 1,100 victims in 2022 alone.
2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Organizations are being confronted on all sides by cyber-danger.
Allegedly orchestrated by the same group known as Scattered Spider, these attacks highlight the significant challenges even the most respected and established brands face in defending against modern cyberthreats. Then, the focus of cyber attacks on retailers, and what lessons must be learned by business leaders and customers.
But 2023 might be the year it all comes to fruition. In 2023, experts predict we will see even more widespread adoption of AI in cybersecurity. These algorithms will be able to learn and adapt to changing patterns in cyberthreats, allowing them to detect and respond to attacks in real time.
Apple recently issued an emergency security update in response to actively exploited iOS Zero-Day vulnerabilities (CVE-2023-42824 and CVE-2023-5217). So, what is really driving this rapid increase in 2023? Among all the mobile platforms, Apple's iOS stands out as a significant focus for these hackers. and iPadOS 17.0.3,
Phishing remains one of the top cyberthreats faced by organizations, and as phishing scams become more sophisticated, security leaders need clearer insights into phishing risks across their industry and geography to prioritize defenses. million users across more than 35,000 global organizations that use KnowBe4's platform.
They’ve broken it down simply and curated a selection of free learning resources – training videos, email templates, virtual backgrounds, and sharable images – all from their securityawareness content library. So, let’s begin by examining what secure web browsing is and why it matters.
Meanwhile, the global rise in sophisticated ransomware threats and geo-political tensions are escalating cyberthreats. Insight from OpenText Security Solutions’ 2022 Global Ransomware SMB Survey sheds light on security priorities, concerns and posture.
Human error remains one of the leading causes of security breaches. A study by Verizon in their 2023 Data Breach Investigations Report found that 68% of breaches involved a human element, such as social engineering, misuse of privileges, or simple mistakes. CISOs are key players in protecting their organizations from cyberthreats.
Microsoft's Threat Intelligence team said: "In July 2023, Storm-0324 began using phishing lures sent over Teams with malicious links leading to a malicious SharePoint-hosted file. And reward the savvy threat detectives for keeping everyone else safe. However, Microsoft detected a shift in Storm-0324's tactics earlier this year.
This knowledge could also help security professionals with developing or updating securityawareness programmes. MORE Threat Prompt newsletter covers the intersection between AI and infosec. MORE The National CyberSecurity Index ranks countries’ cyberthreat readiness.
These require softer skills, such as policy development, securityawareness, and training, governance, security communications, privacy or cyber law, and ethics. Sign up here The post Security Roundup July 2023 appeared first on BH Consulting. MORE Have you signed up to our monthly newsletter?
Many companies have noted that, as they have increased their cybersecurity budgets, the number of cyberthreats has also increased. Today, let's tackle this myth and explore why spending smarter—not necessarily more—could be the ideal way to protect your organization against cyberthreats in the future.
Cyberthreats in business email systems have become extremely common in this digital world. Recently, a critical zero-day vulnerability in the widely used Zimbra Collaboration email software has been exploited by multiple threat actors, posing significant risks to email data, user credentials, and authentication tokens.
In 2023, the cost of cybercrime globally was projected to reach $8 trillion , with expectations to rise to $10.5 This staggering figure underscores the growing threat and the extensive damage cyberattacks can cause, including data breaches, downtime, and compromised sensitive information. trillion by 2025.
In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Ransomware and its impact on businesses Industry-specific data from 2023 illustrates the widespread reach of ransomware and its resulting impact today. Let's find out.
The manufacturing sector faces an increasingly daunting cyberthreat landscape that puts production operations, intellectual property, and entire supply chains at risk. Engage and manage the ecosystem: Build trusted partnerships, manage third-party risks, and raise securityawareness by identifying the key stakeholders."
All of this makes it more difficult for organizations to protect themselves from new and emerging cyberthreats. Investing in securityawareness training has a bottom line impact. Arndt continued: " Organizations need to rekindle more significant resource allocations toward securityawareness and training efforts.
Radicati Group reports that the total number of emails that businesses and consumers send and receive every day is expected to grow to a whopping 347 billion by 2023. It is, in fact, one of the dozens of cyberthreats that exist in the digital sphere. Without good cybersecurity, the future may not be as bright as it is today.
Shockingly, almost a third of law firms still haven’t adopted cloud storage, and a full 25% lack any form of cybersecurity awareness training. As cyberthreats escalate, the legal sector finds itself behind the curve compared to other industries, risking both its reputation and the trust of its clients.
Source: IBM Security: Cost of a Data Breach Report 2023) According to recent research, the number of phishing attacks vastly outpaces all other cyberthreats. Stolen or compromised credentials was the leading attack vector in the prior year’s report. In 2021 alone, estimated adjusted losses from BEC totaled $2.4
Introduction The cybersecurity skills gap is a pressing issue affecting 68% of organizations in 2023. This shortage not only increases the risk of cyberthreats but also strains existing security teams, leading to potential burnout and operational inefficiencies. New Threat Vectors : Cyberthreats are constantly evolving.
In only a few months, ChatGPT became the fastest-growing consumer app in internet history, reaching 100 million users as 2023 began. Promote a culture of securityawareness : Learn about the latest threats and techniques used by hackers.
Understanding these incidents provides crucial insights for organizations aiming to strengthen their security posture and protect sensitive data from increasingly sophisticated cyberthreats. million per incident in 2023. The industry faces unprecedented challenges, recording the highest average breach cost at £4.64
These protocols encompass: The framework requires continuous monitoring of security effectiveness through regular testing and validation. Financial entities must maintain detailed documentation of their security measures and demonstrate their ability to protect against unauthorized access, cyberthreats, and operational disruptions.
Cloud security issues refer to the threats, risks, and challenges in the cloud environment. Threats are active attacks that target system weaknesses. Risks include potential damage from cyberthreats and vulnerabilities. Challenges are gaps and barriers to attaining good security.
As a key platform for trading leaked credentials, this change could shake up the entire cyberthreat landscape. To help harden your defenses against these threats, we’ll also explore how ReliaQuest combats credential abuse through continuous monitoring, advanced detection capabilities, and proactive incident response measures.
As a key platform for trading leaked credentials, this change could shake up the entire cyberthreat landscape. To help harden your defenses against these threats, we’ll also explore how ReliaQuest combats credential abuse through continuous monitoring, advanced detection capabilities, and proactive incident response measures.
Spooky fact : According to research from Proofpoint , in 2023, 71% of organizations experienced at least one successful phishing attack, and they remain one of the most prevalent forms of cyberthreats. million, almost an increase of $1 million from 2023 , proving that these "vampires" are more active—and greedier—than ever.
According to Microsoft, since November 2023, a skilled subgroup within Mint Sandstorm has been carrying out spear-phishing attempts against individuals at universities and think tanks in several Western countries, Israel, and Gaza. Robust securityawareness and architecture will be the lights to counter looming threats before damage is done.
Nonetheless, I brushed up on my securityawareness training afterwards! Malware is the second big threat facing businesses. It encompasses a variety of cyberthreats, such as trojans and viruses. How have malicious threats evolved since the early days of the internet to now? Lesson learned from me.
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