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Navigating the Multicloud Maze: Insights from the Thales Data ThreatReport, Healthcare Edition madhav Wed, 10/25/2023 - 04:39 In the ever-evolving landscape of data security, the healthcare industry stands at a critical juncture. However, while sensitive data is on the rise, encryption practices still have room for improvement.
Thales 2023 Data ThreatReport: The Increased Telco Cybersecurity Challenges in the 5G Era madhav Tue, 09/12/2023 - 05:15 Telecommunications firms have always faced a unique set of security challenges. IoT devices have a history of being the targets of botnet recruitment and engines for distributed denial of service (DDoS) attacks.
Key management – the processing, management and storage of keys for who can decrypt and access protected information – is an often-overlooked, and yet critical element of encryption. This lack of centralized control can jeopardize the integrity of encryption. However, merely encrypting sensitive data in the cloud is not sufficient.
Editors note: This report was authored by Kimberley Bromley, Hayden Evans, and Joseph Keyes. Today, were proud to present the ReliaQuest Annual Cyber-ThreatReport: 2025. Now in its third year, this report offers a close look at the top cyberthreats our customers faced throughout 2024.
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 data breaches. In a nutshell, no matter it’s data-at-rest or data-in-motion , it should be encrypted regardless of its state.
And as our 2019 Thales Data ThreatReport – Europe Edition recently revealed, many of these businesses become extremely vulnerable during digital transformation, with those in Europe being no different. Encryption, encryption, encryption. The financial and reputational damage could prove to be severe.
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.
What would the consequences be if such an event happens were to happen on Black Friday, Cyber Monday, or during the holiday shopping season? Retailers started the century as the prime targets for cyberattackers looking for credit card data. They should consider the following tips: 1. Data Security. More About This Author >.
Whether you prioritize cybersecurity or not, cybercriminals will always prioritize (their own) profit, as the attacks described in our 2021 ThreatReport prove. Cyberattacks are increasing at an alarming rate, and cybercriminals are devising new tactics to achieve their unscrupulous goals nearly on a daily basis.
Avast explains that one of the biggest IoT security threats is the use of vulnerable devices to access organizations’ network and thus may gain access to sensitive information. Cyberattacks against the company aren’t the only relevant threat, however. Choose your partners wisely.
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 (..)
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. Many devastating full-scale cyberattacks started from a simple user error.
Cyberattacks and breaches continue to rise with no end in sight. With this increased spending the attacks continue at an exponential rate. According to Check Point by mid-year cyberattacks have risen 42% globally. During 2022 over 65% of organizations expected security budgets to expand.
According to the global edition of the Thales 2020 Data ThreatReport , 47% of healthcare organizations are either aggressively disrupting their market or are embedding digital capabilities that enable greater agility. These tools include smart technology-oriented solutions like encryption and tokenization.
Double extortion ransomware is a growing type of cyber-attack in which a victim’s sensitive data is first stolen, and then encrypted, giving the criminal the option of demanding two separate ransom payments. As part of double extortion attacks, tactics often include the threat of DDoS attacks.
One need not look very far to find examples of the threats facing these entities: In Singapore, 1.5 million SingHealth patient records – including those of Prime Minister Lee Hsien Loong, were compromised in what is being called the Republic’s worst cyberattack.
With the new work from home environment, we released a report uncovering a correlation between the increased use of cloud services and collaboration tools, such as Cisco WebEx, Zoom, Microsoft Teams and Slack during the COVID-19 pandemic, along with an increase in cyber-attacks targeting the cloud. To support today’s U.S.
The essential overlooked step of enforcement of email authentication protocols is a big reason why phishing emails remain the root cause of the overwhelming majority of cyberattacks and fraud. A real reduction in impersonated emails will only happen when customers push the financial consequences of impersonation onto their vendors.
The 2023 Thales Data ThreatReport – Financial Edition outlines some of the major threats faced today, from dealing with multi-cloud environments, to encryption management, ransomware and even good, old fashioned human error.
However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Malware and ransomware attacks increase. Download the full 2022 Thales Data ThreatReport, Financial Services Edition now.
Counting Down to the EU NIS2 Directive madhav Thu, 05/23/2024 - 05:16 Our recently released 2024 Data ThreatReport showed a direct correlation between compliance and cyber security outcomes. 84% of organizations that failed a compliance audit reported having a data breach in their history. Cryptography and encryption.
StealC employs advanced evasion techniques to avoid detection by antivirus software, including encryption and anti-analysis methods. The stolen data is then transmitted to a remote server controlled by the attackers. Due to its effectiveness and stealth, StealC poses a significant threat to individuals and organizations alike.
We came across a threat actor that went further to hide their C2 domains by using a simple form of encryption known as a “Substitution Cipher.” A substitution cipher is one of the oldest and simplest methods of encryption. If it’s encrypted, one would probably need to find (or guess) the secret key.
Spread Laterally : Downloading additional tools can facilitate lateral movement within a network, enabling attackers to compromise more machines and escalate privileges within the targeted environment. Want more threat intel on a weekly basis? If you would like access to these IOCs, please contact HYAS directly for more information.
They can also block malicious requests, protect against Distributed Denial-of-Service (DDoS) attacks, and serve as a first line of defense in a network security strategy. SSL Termination: Reverse proxies can manage SSL/TLS encryption and decryption, relieving backend servers from the computational load of handling these tasks.
Protecting Medical Data Against a Cyber-Attack Pandemic. Cyber criminals are always eager to take advantage of emergencies to further launch their nefarious actions. Besides dealing with the public health pandemic, healthcare providers must deal with another pandemic: cyber-attacks. An expanding attack surface.
Protecting Medical Data Against a Cyber-Attack Pandemic. Cyber criminals are always eager to take advantage of emergencies to further launch their nefarious actions. Besides dealing with the public health pandemic, healthcare providers must deal with another pandemic: cyber-attacks. An expanding attack surface.
Full deployment will take time, and with some estimates of 'Q-Day' (quantum computers ability to break current encryption standards) arriving within the next decade, organizations will need to lean in to avoid getting caught off-guard. In 2025, cybersecurity fundamentals will become a core focus in both K-12 and higher education curricula.
Thales surveyed 367 CI businesses from 18 countries around the world to understand the trends, threats and the progress made in the cybersecurity domain. What Are the Key Report Findings? 15% of the CI organizations have experienced a breach in the last 12 months, with ransomware being the biggest threat.
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. of the surveyed organizations encrypt more than 90% of their sensitive data stored in the cloud. And only a mere 2.6%
However, even after the Colonial Pipeline attack, less than half of businesses (48%) have a formal ransomware plan according to the 2022 Thales Data ThreatReport. In addition, the report found that one in five businesses have paid or would pay a ransom to get their data. Cyber insurance coverage ramps up.
2021 Data ThreatReport: How Covid Changed Everything. The 2021 Thales Data ThreatReport serves exactly this purpose – it is a crucial reflection of 2020. Only 17% indicated that they have protected more than 50% of their sensitive cloud data with encryption. Cloud Encryption Gateway. Data security.
In the 2022 Thales Data ThreatReport 451 Research found that 39% of US federal agencies use 50 or more SaaS applications, and 83% store more than 30% of all their data in the cloud. The escalating risk of cyberthreat. White the White House order may be the most famous, it is not alone.
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