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The age of BigData is upon us. And, as more data is available for analytical purposes, more sensitive and private information is at risk. Protecting the confidentiality and integrity and of warehoused data and ensuring that access is controlled is vital to keeping that data secure. respondents.”.
This morning we announced, in tandem with our partner 451 Research, the Global Edition of the 2018 Thales DataThreatReport. 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. First – The breaches.
Around this time each year, Thales eSecurity releases our annual DataThreatReport (DTR). Now in its sixth year, the report is squarely focused on digital transformation and what that means for organizations and their data security. We are living in an era where databreaches are the new normal.
While retailers digitally transform their businesses to better serve the higher demands of their customers, they’re being challenged with safeguarding personal data to protect customers, partners and suppliers’ critical information. The report shows that 95 percent of U.S. retailers experiencing a breach in the last year.
Databreaches are the new normal. According to our 2018 Global DataThreatReport , 67% of enterprises have been breached, with that percentage rate growing every year. Today, the vast majority of enterprises (94%) are using sensitive data in cloud, bigdata, IoT or mobile environments.
2020 marks the launch of the Thales DataThreatReport-Global Edition for the seventh consecutive year. This year the report focuses on the post digital transformation era. The 2020 Thales DataThreatReport-Global Edition indicates that we have reached a tipping point.
These vulnerabilities can span from limited use of data encryption to the abuse of privileged user policies. However, modernization and transformative technologies are creating new vulnerabilities resulting in databreaches. DataBreaches aren’t Slowing Down. The problem? Regulations Stoke the Flames.
In this age of bigdata, the concept is fitting, because this kind of information is increasingly being used to identify individuals and even machines. In the following, I focus on the analytics component, how it is increasingly used across enterprises, and why it is important to protect bigdata. BigData Analytics.
Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. The stolen data is used both to commit fraud directly and indirectly. BigData and EMV 3DS.
As organizations move more of their sensitive data to cloud platforms for the efficiency, flexibility and scalability that it promises, security and control continue to be a significant obstacle to this adoption.
One of the top findings from the 2018 Thales DataThreatReport, Financial Services Edition was that databreaches in U.S. Not only are breaches at record highs – with 65% of U.S. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.
With more and more organizations embracing digital transformation and accelerating their pace to digitize every piece of information, they become increasingly vulnerable to sophisticated cyber-attacks and databreaches. To Sum It Up.
A few weeks ago, we issued the Global Edition of our 2019 Thales DataThreatReport, now in its seventh year. This year much of the emphasis within the results was on how digital transformation can put organizations’ sensitive data at risk. Let’s talk about breach rates first. The data bears this out.
In an effort to meet compliance requirements – and with an eye towards cutting costs – the healthcare industry has turned its attention towards embracing digitally transformative technologies, including cloud, bigdata, Internet of Things and containers. respondents reported using these technologies with sensitive data.
We’re now seeing bigdata play an increasing role in how retail sales and payments are being tailored to individual consumer’s preferences, and providers are adopting and integrating smarter, more efficient ways of completing the path-to-purchase. The post Securing the future of payments – what does 2018 have in store?
As I was starting to write this blog, yet another retail program databreach occurred, for Marriott’s Starwood loyalty program. What I’d originally planned to write about was a topic that directly applies – why retailers of all stripes are not investing in data security. This had me asking a simple question – Why?
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
According to the 2024 Thales DataThreatReport Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a databreach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. What is PCI? Thales Top PCI DSS 4.0
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
According to the 2024 Thales DataThreatReport Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a databreach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. What is PCI? Thales Top PCI DSS 4.0
The urgency around data security is increasing. Over the years, the federal government has developed a wide range of cyber policies, programs and technologies, yet databreaches are occurring with increasing frequency. And the data environment only continues to grow more complex.
to discuss the findings of the 2018 Thales DataThreatReport, Federal Edition. Question: Can you provide an overview of the 2018 Thales DataThreatReport, Federal Edition, and elaborate why it’s needed today more than ever? There also appears to be some confusion over how to best protect critical data.
For most enterprise IT security professionals, there are some common reasons that we need to protect a given data set. Minimizing the chance of a databreach of PII. Protecting sensitive financial data, intellectual property or secrets. Implementing best practices. Or complying with a customer or supplier requirement.
According to the 2020 Thales DataThreatReport-Global Edition , 30% of the respondents in the financial services sector are either aggressively disrupting their market or are embedding digital capabilities that enable greater enterprise agility. Weak security practices lead to databreaches. Data security.
Gartner defines digital risk management as “the integrated management of risks associated with digital business components, such as cloud, mobile, social, bigdata, third-party technology providers, OT and the IoT.” Some smaller companies have even gone out of business as the result of a databreach.
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. The rising reliance on cloud platforms creates an expanded attack surface for threat actors and adversarial nation-states to exploit.
From smart cities and digital IDs to open government and better governance, the Cloud, BigData, IoT and Artificial Intelligence have enabled a wide range of digital government initiatives. Big transformation of big government. Data Security. Government. Cloud Security. More About This Author >.
Findings from the 2018 Federal Edition of the DataThreatReport. Today, we released the results of the Federal Edition of our 2018 DataThreatReport, which reinforces the need for federal agencies to update IT legacy systems and increase security for storing sensitive data. The numbers don’t lie.
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