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Protecting Retailers Against CyberRisks on Black Friday and Cyber Monday josh.pearson@t… Tue, 11/26/2024 - 08:01 As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. trillion, the risk of a data breach extends beyond immediate financial losses.
Deepfake scams will escalate, with threat actors using AI to create convincing impersonations of executives, risking personal and corporate brands. Complex DevSecOps, APIs, and cloud integrations will become leading attack vectors, while insider threats and accidental disclosures drive data leakage risks.
Digitaltransformation: The integration of IoT, SCADA systems, and advanced analytics has increased operational efficiency but also expanded the attack surface. Sophisticated adversaries: Nation-state actors, cybercriminals, and hacktivists are leveraging advanced tactics to target this sector.
AI-powered social engineering makes scams more convincing, while stolen passwords enable criminals to log into corporate networks and move laterally unnoticed. By focusing on strong, simple, and modern identity protection, Thales helps entities build trust and stay ahead of evolving cyberrisks.
Covid 19 turned out to be the best digitaltransformation initiative ever,” Cornell says. “It Phishing scams, supply chain attacks and ransomware extortion — all pivoting, in one way or another, off the shifting operating environment – spiked. At the moment, a lot of organizations are in this boat.
They have slowly turned into an extension of ourselves, encompassing large volumes of information that in the end make up our real-life and digital selves. However, the increased exposure to cyberrisks is not limited just to the remote-working population.
A continued shift to remote working highlighted the importance of security in an era of digitaltransformation, and hopefully, business leaders have taken onboard the critical need for effective online protection, particularly where email security is concerned.
What Stoll was calling us to do is to take the threats of scams, misinformation campaigns, and cybercrime seriously. Once digital trust erodes too much, how will we collaborate with each other online? I consider digital trust, just like cyberrisk management, to be a team sport.
For cyber actors, it’s a lucrative cyber attack option that can be delivered in various ways. On top of this, the consequences of rapid digitaltransformation due to the COVID-19 Pandemic created the perfect storm for successful ransomware attacks. I truly believe that your people are your first line of defense.
Expect to see AI-enabled phishing campaigns, deepfake scams, and automated attacks grow in complexity. AI-powered scams will soar: As attackers leverage commoditized AI tools, scamsespecially romance, investment, and fraudwill grow more convincing and costly.
It’s a lucrative cyber attack option and can be delivered in various ways. On top of this, the consequences of rapid digitaltransformation due to the COVID-19 Pandemic created the perfect storm for successful ransomware attacks. Ransomware has become the weapon of choice for many threat actors. Ransomeware-as-a-Service.
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