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2024 Thales Global DataThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Among these businesses, human error was cited as the leading cause of cloud-based databreaches at 41% (10 points higher than the global number).
Thales 2023 DataThreatReport: 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 digital transformation. This article highlights the key findings of the report.
NIST’s identity-centric architecture. In August, the National Institute of Standards and Technology (NIST) released its blueprint for establishing a Zero Trust security architecture, NIST SP 800-207. A Zero Trust security architecture is based on three foundational principles: Ensure that data, equipment, systems, etc.
Most organizations express confidence in their current status and budgets, but also expect to experience at least one databreach in 2024. Compromised Credentials Compromised identities from phishing, info stealers, keyloggers, and bad password habits provide the entry point for most ransomware attacks and databreaches.
Technology: Technology is the foundation for an IAM program delivery within a layered security architecture. RELATED: Death of the VPN: A Security Eulogy ] VPNs have notably higher operating costs and lower scalability when using device-based architecture. Processes enable Identity to power people-centric security.
In the 2020 DataThreatReport – Global Edition , more than a quarter (26%) of senior security executives from around the world with responsibility for their organizations’ IT and data security told Thales that their employers had experienced a databreach in the past year. According to the U.S.
Any operational downtime or even worse data loss due to a databreach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail databreach in 2024 is reported to be $3.48
The problem of the increasing threat landscape is equally reflected in the 2022 Thales DataThreatReport. Through three technology integrations, businesses will gain access to their internal resources, protected by a robust, highly resilient security architecture. Deploying the Zero Trust model.
While many cloud architectures host their own identity and access management solutions, they are not built for protection in multiple environments. A cloud-agnostic solution reduces vendor lock-in and makes it easier to scale when other public cloud architectures are added to the mix. IAM tools control access, not activity. Visibility.
Any operational downtime or even worse data loss due to a databreach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail databreach in 2024 is reported to be $3.48
Data Defense: Leveraging SaaS Security Tools madhav Tue, 06/04/2024 - 05:15 The Software-as-a-Service (SaaS) market has burgeoned in recent years, driven by its convenience, scalability, and cost-effectiveness. As per the Thales 2024 DataThreatReport , enterprises reported they were using, on average, 84 SaaS apps in their operations.
Data Defense: Leveraging SaaS Security Tools madhav Tue, 06/04/2024 - 05:15 The Software-as-a-Service (SaaS) market has burgeoned in recent years, driven by its convenience, scalability, and cost-effectiveness. As per the Thales 2024 DataThreatReport , enterprises reported they were using, on average, 84 SaaS apps in their operations.
Mo Wehbi, VP, Information Security & PMO, Penske Automotive Group: The Good and the Bad "The Good: Widespread Adoption of AI and Machine Learning for Threat Detection: AI will become more sophisticated and integral in identifying threats in real-time, reducing response times and mitigating risks faster than ever before.
The event brings together security leaders, vendors and advocates to empower organizations and consumers to reduce the risk of experiencing a databreach and potentially damaging data loss. The IBM 2021 Cost of DataBreachreport also indicates that 61% of all breaches were a result of stolen credentials.
However, simple actions like adopting multi-factor authentication (MFA) or encrypting sensitive data everywhere should be exercised throughout the year and not just during that month. Download the full Thales 2023 DataThreatReport for the Critical Infrastructure for more information.
Spending in Big Data for example, which could lead to better governance and better decisions, is increasing around the world, in 2020 alone Big Data spending grew by 40% across federal agencies in the United States. Cloud adoption, essential for convenient services and efficient collaboration, is widespread and growing fast.
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