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With more and more organizations embracing digitaltransformation and accelerating their pace to digitize every piece of information, they become increasingly vulnerable to sophisticated cyber-attacks and data breaches. With the global spend on digitaltransformation slated to reach a whopping $2.3 To Sum It Up.
Thales 2023 Data ThreatReport: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digitaltransformation.
The regulations were most recently updated on November 1, 2023, with phased effective dates starting on December 1, 2023. Some of the key findings from the report include: The percentage of financial services organizations reporting a breach in the last 12 months decreased from 29% in 2021 to 14% in 2024.
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
DDoS and Web Application Attacks Retailers also face threats to their infrastructure - websites and apps - that could disrupt their business operations, leading to loss of sales and customer trust. The 2024 Imperva DDoS Threat Landscape Report shows that the first half of this year saw 111% more DDoS attacks than the same period in 2023.
The regulations were most recently updated on November 1, 2023, with phased effective dates starting on December 1, 2023. Some of the key findings from the report include: The percentage of financial services organizations reporting a breach in the last 12 months decreased from 29% in 2021 to 14% in 2024.
According to the 2024 AFP Payments Fraud and Control Survey Report , 80% of organizations were victims of payment fraud attacks or attempts, a 15-percentage point increase from the previous year. As stated in the Nasdaq 2024 financial crime report, projected losses from fraud schemes reached $485.6 billion globally in 2023.
Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.
Nearly half (47%) of the respondents of the 2023 Thales Data ThreatReportreported that cyberattacks are increasing in volume and severity. Nearly half (47%) of the respondents of the 2023 Thales Data ThreatReportreported that cyberattacks are increasing in volume and severity.
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
from 2023 to between $5.23 According to a recent study, the average cost of a retail data breach in 2024 is reported to be $3.48 million, representing an 18% increase compared to the previous year in 2023. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
Cloud Key Management Solution for Azure, Azure Stack and M365 madhav Thu, 08/03/2023 - 05:59 Uncover Your Cybersecurity Blind Spots Cybersecurity is a strategic risk that should be managed at the highest levels of an organization. CipherTrust Manager as well as Luna Network HSM can be used as a key source.
from 2023 to between $5.23 According to a recent study, the average cost of a retail data breach in 2024 is reported to be $3.48 million, representing an 18% increase compared to the previous year in 2023. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
Cisco’s report which predicts 30 billion devices by 2023 of which 45% will be mobile won’t shock them. The digital skills gap comes at a cost. trillion cumulative GDP growth.The skills gap is slowing digitaltransformation and in cybersecurity it’s increasing risks. billion) is expected online.
To highlight the discrepancy between perspectives, Forbes has reported that 87% of business leaders believed that people highly trusted their company – but when asked, only 30% of people trusted these same companies.
Use Strong Passwords and a Password Manager Sadly, less than 40% of all online users use a distinct password for each account, according to the National Cybersecurity Alliance 2023 Oh Behave! Recognize and Report Phishing According to the Thales 2024 Data ThreatReport , phishing is the second fastest-growing attack.
This year, MarCom recognized the success of our Data ThreatReport (DTR), which achieved nearly 800 media mentions, 295 million impressions, and more than 5 million in the sales pipeline. MarCom Awards Its not only our technical solutions that win awardsour communications efforts do, too.
Use Strong Passwords and a Password Manager Sadly, less than 40% of all online users use a distinct password for each account, according to the National Cybersecurity Alliance 2023 Oh Behave! Recognize and Report Phishing According to the Thales 2024 Data ThreatReport , phishing is the second fastest-growing attack.
This year, MarCom recognized the success of our Data ThreatReport (DTR), which achieved nearly 800 media mentions, 295 million impressions, and more than 5 million in the sales pipeline. MarCom Awards Its not only our technical solutions that win awardsour communications efforts do, too.
Krishna Vishnubhotla, Vice President, Threat Intelligence at Zimperium: Surge in Mobile-Specific Ransomware "Mobile-specific ransomware is a rapidly evolving threat that should be top of mind for every CISO. This trend is part of a larger increase in ransomware and extortion attacks across digital channels.
RSA Conference 2023: Meet Thales Where the World Talks Security! madhav Tue, 04/18/2023 - 07:06 "Alone we can do so little; together we can do so much." - Helen Keller At Thales, we couldn’t be more excited about RSA Conference 2023. This year’s theme “ Stronger Together ” echoes our company culture.
In 2023, the IC3 received a record number of complaints from people in the US, numbering 880,418 complaints with potential losses higher than $12.5 Thales’ Global Data ThreatReport 2024 revealed that human error remains the leading cause of data breaches, with 31% of enterprises identifying this as the root cause.
Thales surveyed 367 CI businesses from 18 countries around the world to understand the trends, threats and the progress made in the cybersecurity domain. What Are the Key Report Findings? 15% of the CI organizations have experienced a breach in the last 12 months, with ransomware being the biggest threat.
In 2023, the IC3 received a record number of complaints from people in the US, numbering 880,418 complaints with potential losses higher than $12.5 Thales’ Global Data ThreatReport 2024 revealed that human error remains the leading cause of data breaches, with 31% of enterprises identifying this as the root cause.
According to the 2024 AFP Payments Fraud and Control Survey Report , 80% of organizations were victims of payment fraud attacks or attempts, a 15-percentage point increase from the previous year. As stated in the Nasdaq 2024 financial crime report, projected losses from fraud schemes reached $485.6 billion globally in 2023.
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