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The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. As more and more people and businesses rely on mobile banking applications, they become vulnerable to fraud. Data security.
Data breaches are the new normal. According to our 2018 Global DataThreatReport , 67% of enterprises have been breached, with that percentage rate growing every year. Also with the increase in cloud, mobile, and IoT devices, a whole new generation of attack surfaces are vulnerable to hackers.
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 data breaches in U.S. IT security pros in financial services organizations reporting that their organization already had a data breach – but breaches are increasing at alarming rates.
Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. Weak security practices lead to data breaches.
Digital transformation is changing the face of the modern data-driven enterprise. The 2019 Thales DataThreatReport-Global Edition found that 97% of organizations surveyed are implementing digital transformation with 37% reporting aggressive transformation.
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. The post Are Data Breaches the New Reality for Retail?
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.
According to DataThreatReport for 2018 , the majority of businesses don’t just operate in one cloud environment in a single location, but multiple. 94 percent of respondents are using sensitive data in cloud, bigdata, IoT or mobile environments. The numbers are truly revolutionary.
DX technologies such as cloud, mobile payments, IoT, BigData and others have fundamentally changed retailers’ business models, not only by opening new channels to reach customers, but also in how they communicate with, serve, and support them. For more key findings, download the 2019 Thales DataThreatReport- Retail Edition.
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 data breach.
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. BigData – 99%.
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. And mobile is at the centre of the improved consumer experience.
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. Those IT security dollars are going to have to go a long way.
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? Security spending decisions are also playing a sizable factor.
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.
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