This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.
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 digital transformation. This article highlights the key findings of the report.
HIPAA ensures that businesses treat your personal health information with extra care, encrypting it, restricting who can access it, and ensuring systems that store it are secure and continuously tested. To compound issues, identity and encryption management complexity is a serious issue. What is HIPAA?
Data breaches are at an epidemic level with healthcare organizations experiencing the highest attack rate compared to any other industry studied according to the new Thales 2019 Data ThreatReport-Healthcare Edition. They’re counting on the fact that only 38% or less of healthcare organizations encrypt data.
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. Sage advice: encrypt everything.
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.
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.
Encryption, data sovereignty, multifactor authentication and website cookies are all vital ideas and technologies to keep consumers’ personal data safe – but research released this month reveals widespread confusion. Encryption What is encryption? Multifactor Authentication What is multifactor authentication?
The 2020 Thales Data ThreatReport Global Edition found that no organization is immune from data security threats, with 49% of global respondents experiencing a breach at some point and 26% having been breached in the past year. Secure encryption keys. Protecting sensitive data is the key. Pass on passwords.
Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Strong Customer Authentication (SCA). Table 1: Strong Customer Authentication Factors. These mechanisms should allow capturing of the following information: lists of compromised or stolen authentication elements.
At the same time, AI agents who handle tasks from data processing to decision-making also require identities that must be registered, authenticated, and authorized. Organizations are quickly embracing technologies like passwordless logins and biometric authentication, making it simpler than ever to access accounts. But at what cost?
The 2022 Thales Data ThreatReport, based on data from a survey of almost 2,800 respondents from 17 countries across the globe, illustrates these trends and changes. Malware and accidental human error are the biggest security threats. The quantum computing threat. 2021 Report. 2022 Report. 2021 Report.
If your business is taking an ‘encrypt everything’ approach, data discovery with risk analysis will help prioritize where to deploy data security solutions first. Encrypt all sensitive data. In addition, most data breach notification regulations don’t apply to compromised encrypted data. Understand the risks related to data.
The 2022 Thales Data ThreatReport: Retail Edition , finds that 45% of retail respondents reported that the volume, severity and/or scope of cyberattacks had increased in the previous 12 months. They should consider the following tips: 1. Data Security. Marcelo Delima | Senior Manager, Global Solutions Marketing.
Code Generation : AI can develop security patches or encryption protocols on demand. Dynamic Authentication : AI-powered systems adapt authentication measures based on user behavior, making unauthorized access more difficult. This adaptability ensures that security measures evolve alongside emerging threats.
Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. Disturbingly, 35% of survey respondents report experiencing ransomware attacks, underscoring the heightened risks faced by the financial sector.
These criminals are usually after insecure passwords; therefore, the use of modern passwordless authentication methods, like passkeys , is a great way to prevent these scams from happening. They can also automate sending these messages to reach a wider audience of targets and increase their payout. but ahead of the curve.
Below are six take-aways that encapsulate the essence of the discussion: Our 2019 Thales Data ThreatReport- Federal Edition illustrates that the federal government continues to be under attack! They typically do not provide encryption, seamless upgrades for flaws and updates, or optics.
“Although FBI and CISA do not currently have any specific threatreporting indicating a cyberattack will occur over the upcoming Labor Day holiday, malicious cyber actors have launched serious ransomware attacks during other holidays and weekends in 2021.” Using multi-factor authentication. Using strong passwords.
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data ThreatReport-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data ThreatReport-Financial Services Edition and tips for overcoming them.
A new Cloudflare phishing report notes that most of the 1 billion brand impersonation emails the company detected “passed” SPF, DKIM, and DMARC email authentication protocols. Implementing all three email authentication protocols takes time, but does not cost significant money.
This trend is demonstrated in the latest Thales Data ThreatReport 2021 ; 55% of the survey respondents reported that more than 40% of their data now resides in a cloud platform. However, with technology innovation comes new risks, security challenges and threats. Todd Moore | VP, Encryption Products.
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. Today, using Point-to-Point Encryption (P2PE) isn't just a luxury; it's a necessity.
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. Blockchain.
The 2018 Thales Data ThreatReport (DTR) has great information on Big Data use and security. We surveyed more than 1,200 senior security executives from around the world, and virtually all (99%) report they plan to use Big Data this year. Stronger authentication and access controls (38% global, 37% in the U.S.).
Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber ThreatReport found that all types of cyberattacks increased in 2021. Encryptedthreats spiked 167%, ransomware increased 105%, and 5.4 Backup and encryption. Ransomware.
Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.
WordPress sites using the Ultimate Member plugin are under attack LockBit gang demands a $70 million ransom to the semiconductor manufacturing giant TSMC Avast released a free decryptor for the Windows version of the Akira ransomware Iran-linked Charming Kitten APT enhanced its POWERSTAR Backdoor miniOrange’s WordPress Social Login and Register plugin (..)
The following statistics on data breaches and enterprise security provide important context to the importance of managing user access to corporate resources: The Verizon 2021 Data Breach Investigations Report found that in 61 percent of instances of data breaches, stolen credentials were involved. Benefits of IAM Solutions. Conclusion.
Are we protecting our data with end-to-end encryption and effective key management? According to the 2020 Thales Data ThreatReport-Global Edition , half of all corporate data is now stored in cloud environments, and 48% of that data is considered sensitive. Do we have control over who is accessing our data?
Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data ThreatReport (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities.
Today, at the dawn of the 4th industrial revolution, manufacturers of all kinds are a tempting and vulnerable high-value target for threat actors because of their high intrinsic worth and the dangers of economic harm from supply chain disruptions. Survey’s key findings. Cyberattacks increase. Conclusions. Data Security.
According to the S&P Global Market Intelligence 2023 Data ThreatReport custom survey commissioned by Thales, more than four-fifths (83%) of organizations are concerned about the effect of sovereignty and privacy legislation on cloud deployment plans. Data-at-rest encryption is the protection of stored data throughout its life cycle.
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.
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 digital transformation, 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.
Although there are many approaches to protecting data in transit and at rest, encryption is a foundational pillar in data security. Data encryption must be supplemented by robust cryptographic key management to ensure that corporate information is effectively protected.
According to the Thales eSecurity 2018 Global Data ThreatReport, Healthcare Edition , 95% of U.S. respondents reported using these technologies with sensitive data. Control of data user access and encryption key management to make sure only those authorized to do so can access encrypted data as clear text.
The Article 9 states explicitly that “financial entities shall implement policies and protocols for strong authentication mechanisms, based on relevant standards and dedicated control systems , and protection measures of cryptographic keys whereby data is encrypted based on results of approved data classification and ICT risk assessment processes”.
The FBI’s Cyber Division received as many as 4,000 complaints of digital attacks a day in H1 2020, reported by The Hill. To help them embrace a Zero Trust mindset, Verizon recommends that organizations take these steps: They hey must authenticate users with multi-factor authentication (MFA), biometrics and one-time passwords (OTPs).
In our recently launched 2019 Data ThreatReport-Global Edition , we found that 97% of enterprises are using sensitive data within digitally transformative technology but, only 30% are encrypting that data. Reducing Risk and Beating the Hackers.
HIPAA ensures that businesses treat your personal health information with extra care, encrypting it, restricting who can access it, and ensuring systems that store it are secure and continuously tested. To compound issues, identity and encryption management complexity is a serious issue. What is HIPAA?
In our recently launched 2019 Thales Data ThreatReport- Global Edition , 60% of organizations say they have been breached at some point in their history, with 30% experiencing a breach within the past year alone. If it’s encrypted, it should stay that way. If it’s not encrypted – maybe it should be.
According to the 2018 Thales Data ThreatReport , two in five global healthcare organisations (39%) experienced a data breach in the last year, and that’s using today’s relatively modest and well-understood web systems.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content