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This morning we announced, in tandem with our partner 451 Research, the Global Edition of the 2018 Thales Data ThreatReport. It’s abundantly clear that medium to larger enterprises (the focus of the report and underlying survey) are finding it harder than ever to protect their sensitive data. Encrypt the data.
2024 Thales Global Data ThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average.
And so, as the nature of business changed and boards were forced to become increasingly accountable, the idea that issues like encryption are “too technical” for the boardroom transitioned from being an acceptable excuse to a legitimate liability. The digitaltransformation conundrum. If not, what’s holding us back?
The Thales 2024 Data ThreatReport indicates that almost half of all businesses have been breached at some point in their history, making the need to strengthen retail data security more crucial than ever. Account Takeovers Imagine a burglar not just breaking into your home but changing the locks and assuming your identity.
The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. The modern internet's interconnected nature also threatens data security. The result?
At the start of the year, Thales released the findings of its latest annual global Data ThreatReport which found that, as businesses everywhere undergo a form of digitaltransformation, the risk of data breaches has reached an all-time high. Trust is needed to allay this concern, and this trust should start at birth.
The problem of the increasing threat landscape is equally reflected in the 2022 Thales Data ThreatReport. As more companies move along the path toward digitaltransformation, the need for better security has never been more evident. A zero-trust framework is vital to any cloud migration path.
Organizations moved from using accounting ledgers, address books and filing cabinets to store their data, to embracing digital systems to capture and analyze every bit of data they could collect. 2021 Thales Data ThreatReport. Over time that all changed. Data security. Brian Grant | CPL ANZ's Regional Director.
Thanks to heightened consumer confidence, a rise in proximity payments adoption and ongoing developments in biometrics, the payments industry continued to undergo digitaltransformation throughout 2017. The post Securing the future of payments – what does 2018 have in store? appeared first on Data Security Blog | Thales e-Security.
Cybersecurity vendor McAfee, in its first-quarter threatreport this month, noted that bad actors are increasingly turning to ransomware-as-a-service (RaaS) campaigns. ” DigitalTransformation Increases Attack Surface.
The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. However, the security of data in the cloud is a growing challenge.
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. Digital leaders need to solve this issue fast and technology has a valuable part to play in this. 14 G20 countries could miss out on $11.5
The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. The modern internet's interconnected nature also threatens data security. The result?
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.
They are working to help customers transform their businesses to drive digitaltransformation for people, organizations, and industries worldwide. CCKM helps manage native Azure keys, Standard/Premium Key Vaults as well as Managed HSM pools, in addition to BYOK.
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.
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformative technologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT). Understanding the threats.
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformative technologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT). Understanding the threats.
Identity theft will evolve: Stolen identities will fuel new fraud schemes, like creating crypto accounts in victims names. Critical infrastructure in the crosshairs: Rising geopolitical tensions could lead to threat actors demonstrating their capabilities in response to economic or political pressures.
By leveraging cryptographic techniques and biometric authentication, passkeys offer a more robust and user-friendly alternative to traditional passwords, addressing many vulnerabilities that have long plagued our online accounts. They are convenient for personal use, enabling users to access accounts from different devices without friction.
Secure the digitaltransformation of the payments industry across various applications and environments. These popular programs, such as airline miles and retail points, have essentially transformed companies into “ accidental banks ” by storing customer data that holds real monetary value.
And, as we’ve all seen, the failure to manage digital risks can have a negative impact on the reputation, operations and market value of affected enterprises. The Threat Level Is Rising. Thales eSecurity has products and services that can help you with all of these tasks critical to reducing your digital risk.
By leveraging cryptographic techniques and biometric authentication, passkeys offer a more robust and user-friendly alternative to traditional passwords, addressing many vulnerabilities that have long plagued our online accounts. They are convenient for personal use, enabling users to access accounts from different devices without friction.
Increasingly, though, criminals are also moving their tactics to target our digital identities. Poor cyber hygiene on a professional or personal account or device can leave your entire digital identity vulnerable,” says Lisa Plaggemier, Interim Executive Director of the National Cybersecurity Alliance.
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.
Secure the digitaltransformation of the payments industry across various applications and environments. These popular programs, such as airline miles and retail points, have essentially transformed companies into “ accidental banks ” by storing customer data that holds real monetary value.
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