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The shift to digital experiences and customer service in industries that were historically only brick-and-mortar underscores how rapid digitaltransformation expands the attack surface for cybercriminals. It's a stark reminder that digitaltransformation needs to work alongside equally robust cybersecurity measures.
Digital Resilience is the New DigitalTransformation KPI. Innovation and digitaltransformation rely on digital resilience to turn business disruption into revenue opportunities. What is Digital Resilience? Digital resilience was a major theme at IDC Directions 2021 in March. Sharon Bell.
With more and more organizations embracing digitaltransformation and accelerating their pace to digitize every piece of information, they become increasingly vulnerable to sophisticated cyber-attacks and data breaches. With the global spend on digitaltransformation slated to reach a whopping $2.3
based life sciences and high-tech manufacturing companies sheds light on how digitaltransformation – and the rising role of third-party partners – have combined to create unprecedented operational challenges in the brave new world of digital commerce. A recent poll of some 300 senior executives from U.S.-based
CyberAttackers Tap Cloud Native Technologies in Russia-Ukraine War. Aqua said it gathered data from public repositories that contain code and tools for targeting cyber-aggression on both sides of the conflict. Tale of 3 Clouds eBook: How Venafi Creates DigitalTransformation. ". brooke.crothers. UTM Medium.
Estonia has made it official that it has faced the biggest cyberattack in the country’s history for removing Soviet World War 3 monuments that were dedicated to war veterans. Lukas Ilves, the Chief of DigitalTransformation, confirmed the news and added that the digital assault was minor and did not result in serious disruption.
The inconvenient truth is that, while most businesses have been distracted by digitaltransformation (DX), sensitive data has been left on a metaphorical windowsill, like a freshly baked apple pie. The post Does That Data Make Your Company a CyberAttack Target? Security is For Us, Not Against Us.
Cyberattackers have used misleading information on social media for procuring campaign finances as well as personal and financial information of people and corporations. My research attempts to bridge the divide between academic research and real-world practice of cyber risk management.
Resolution #1: Adopt a Proactive Approach to Cybersecurity to Combat AI-Driven Attacks Adopt a proactive approach to cybersecurity that integrates advanced defence mechanisms with fundamental best practices to mitigate and combat AI-driven attacks.
"Cybercriminals, on the other hand, are constantly profiling critical infrastructure services, as the attack surface of these services continue to expand with various digitaltransformation initiatives." Halliburton's response to the incident is being closely watched by both the cybersecurity community and the energy sector.
The government of Ukraine on Sunday formally accused Russia of masterminding the attacks that targeted websites of public institutions and government agencies this past week. All the evidence points to the fact that Russia is behind the cyberattack," the Ministry of DigitalTransformation said in a statement.
Related: A primer on advanced digital signatures. PKI and digital certificates were pivotal in the formation of the commercial Internet, maturing in parallel with ecommerce. Clearly, many companies need to get a better grip on PKI management simply to keep from derailing digitaltransformation.
ExtraHop’s finding vividly shows how, as digitaltransformation ramps up, companies really have no clue what moves back and forth, nor in and out, of their networks on a daily basis. It’s tempting to chalk this up to competitive frenzy – a simple case of third-party suppliers seeking whatever edge they can get away with.
Social engineering forms the basis of a plethora of cyber threats and common attack methods, including (but not limited to): Phishing – emails, messages, or websites impersonating trusted sources to steal login credentials or financial information Baiting – leaving infected physical media like USB drives to be found and inserted by victims Pretexting (..)
Estonia announced to have blocked a wave of cyberattacks conducted by Russian hackers against local institutions. Undersecretary for DigitalTransformation Luukas Ilves announced that Estonia was hit by the most extensive wave of DDoS attacks it has faced since 2007.
Attacks are becoming more bespoke, government-sponsored threat actors and ransomware as a service, continue to unravel challenging businesses to minimize the time from initial breach to complete compromise, in the event of a compromise. . Digitaltransformation and Zero Trust . Everyone is an insider .
US-CERT warns of cyberattacks on ERP applications, including Oracle and SAP, and refers an interesting report published by Digital Shadows and Onapsis. Attacks vectors are evolving, still mainly leveraging known ERP vulnerabilities vs. zero-days. ” states the report. . Pierluigi Paganini.
ai DigitalTransformation Institute ( C3.ai ai DTI awards, focused on using artificial intelligence (AI) techniques and digitaltransformation to advance energy efficiency and lead the way to a lower-carbon, higher-efficiency economy that will ensure energy and climate security. ai DigitalTransformation Institute.
Due to our dependence on the internet for digitaltransformation, most people suffer from the risks of cyberattacks. According to IBM , the cost of cyber hacks in 2020 is about $3.86 But, what is the relationship of languages in data privacy, and how can a reliable translation help prevent cyber-attacks?
Over the past year, I’ve had several deep conversations parsing how APIs have emerged as a two-edged sword: APIs accelerate digitaltransformation, but they also vastly expand the attack surface of modern business networks. It seems to me that attackers have come to utilize APIs as, in essence, a built-in tool on steroids.
In one sense, digitaltransformation is all about machines. What’s more, large enterprises, i.e. those with $2 billion or more in annual revenue, are getting hit twice as hard as smaller organizations, when it comes to cyberattacks that exploit anemic protections for machine identities. Everything.
Energy management and industrial automation firm Schneider Electric suffered a data breach after a Cactus ransomware attack. Schneider Electric is a multinational company that specializes in energy management, industrial automation, and digitaltransformation.
Schneider Electric is a multinational company that specializes in energy management, industrial automation, and digitaltransformation. In January, BleepingComputer first reported the attack that hit the Sustainability Business division of the company on January 17th.
A 2018 Cisco Cybersecurity Special Report found that 54 % of all cyberattacks cost the target company more than $0.5 However, smaller companies rarely have the IT talent, tools, or budget to prevent such attacks. However, smaller companies rarely have the IT talent, tools, or budget to prevent such attacks.
Cyberattacks are increasing at an alarming rate, and cybercriminals are devising new tactics to achieve their unscrupulous goals nearly on a daily basis. DigitalTransformation.
Digitaltransformation had taken hold; so their timing was pitch perfect. These vendors integrate their abilities to monitor malware circulation and cyber-attack activity in real time within the Exchange platform, including staying alert for any signs of third-party vendor cyber assets turning up in murky parts of the Dark Web.
Can you believe that an unverified cyber threat has forced the Quebec government to shut over 4000 of its websites, all as a preventive measure to avoid extreme cyber troubles? This has happened in practical and was confirmed by Eric Caire, Quebec’s DigitalTransformation Minister at a media briefing on Monday.
Google seems to have taken a pledge to safeguard the security and digitaltransformation of governments, critical infrastructure managing companies and enterprises-large and small by creating a new cybersecurity advisory team.
In this episode of the podcast (#213): Molly Jahn of DARPA and University of Wisconsin joins us to talk about the growing cyber risk to the Food and Agriculture sector, as industry consolidation and precision agriculture combine to increase the chances of cyber disruption of food production. Our guest is Molly Jahn.
With the digitaltransformation of the financial industry and the prevalence of online business, financial institutions inevitably face various cybersecurity threats, among which DDoS attacks are the most common and threatening.
The recent network breach of Wipro , a prominent outsourcing company based in India, serves as a stunning reminder that digitaltransformation cuts two ways. However, the flip side is that we’ve also created fresh attack vectors at a rapid rate – exposures that are not being adequately addressed.
Cyber incidents pose a threat to the stability of the global financial system. The digitaltransformation initiatives have shifted the technology landscape and introduced new threats and risks.
As one of our recent blogs discussed, we are entering a new era of business – one that will see wholesale digitaltransformation drive a digital-first approach by businesses globally. These organisations mustn’t fall into a trap of thinking that ticking the box on GDPR compliance means their data is private and secure.
The effects of the global pandemic pushed organizations to accelerate their digitaltransformation strategies. In light of rapid digitaltransformation 8 in 10 executives are investing in IT infrastructure in order to keep up with evolving customer expectations. This blog was written by an independent guest blogger.
All companies today are exposed to intense cyber-attacks. We continue to need to increase the power, the capability and therefore the complexity of security tools to meet the complexity of attacks,” says Mauriello. “As As the attacks evolve, the tools evolve, and as tools evolve, they become more complex.”.
In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. The financial implications of a successful cyberattack can be catastrophic.
As businesses in every sector embrace digitaltransformation initiatives, adopting cloud computing, Internet of Things (IoT) devices, automation, AI, and interconnected ecosystems, their attack surface widens exponentially. Moreover, the asymmetric nature of cyberattacks exacerbates the problem.
Sometimes when you are down in the cyberattack trees defending your organization, it can be tough to see the cyber threat forest. And now we have brand new research coming from the EU which unpacks the top cyber threats as they stand now. What are the top cyber threats right now? Trends in Malware attacks.
Unfortunately, the energy sector is of great interest to cyberattackers today. The media recently reported attacks on the electricity grids of some European countries. electrical grid is effectively attacked. The Rising Threat. Best Practices to Secure Critical Infrastructure.
With new threat actors emerging every day and a growing number of cyberattacks making headlines, cybersecurity has become a critical business imperative. Based on the responses we received, we developed five steps organizations can take to improve their cyber resilience in the process.
In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. The financial implications of a successful cyberattack can be catastrophic.
In May the US Colonial Pipeline shut its operational network after a ransomware cyber-attack. It’s said to be one of the costliest attacks for an economy. New details are emerging about the specifics of the pipeline attack all the time but there are a few concerns that every boardroom must acknowledge.
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