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2024 Thales Global Data ThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. As a result, FinServ organizations have some of the largest cybersecurity budgets and most advanced defenses.
As in previous years, digitaltransformation remained a key theme at the event as well as discussions around artificial intelligence (AI) and IoT technologies impacting the workforce. No matter which opinion you agree with, digitaltransformation and new technologies will impact the workforce. million by 2022.
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
The BlackBerry 2022 ThreatReport is not a simple retrospective of the cyberattacks of 2021. It is a high-level look at issues affecting cybersecurity across the globe, both directly and indirectly.
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformative technologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT). Overall, the picture is clear.
However, modernization and transformative technologies are creating new vulnerabilities resulting in data breaches. Our annual Thales Data ThreatReport-Federal Edition , released today, found that 98% of federal agencies are storing sensitive data within a digitallytransformative environment. Federal Agencies.”
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. To find out more about Europe’s evolving data threats, download the 2019 Thales Data ThreatReport – Europe Edition today.
The unification revolution of cybersecurity solutions has started – and managed security service providers are leading the way. The current unification in the cybersecurity market is driving a massive movement towards fewer vendors, which at the same time means more polarization of either using MSS/MSSP or doing the security work internally.
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformative technologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT). Overall, the picture is clear.
The digitaltransformation conundrum. We are watching the Fourth Industrial Revolution unfold: a sweeping, global shift that will mean “going digital” is no longer optional. It’s no wonder we are in the midst of a mass digitaltransformation migration, which IDC predicts will account for $1.25trillion in spend this year.
Digitaltransformation is driving IT modernization, IoT, and cloud migrations at a record pace in the federal government. The ability to narrow the gap between taking advantage of digitaltransformation without compromising security was a reoccurring theme at our 2019 annual Data Security Summit on May 1. are discovered.
The Rising Threat of Phishing and Credential-Based Attacks As malicious actors evolve their tactics, adding AI to their arsenal of malicious tools and automating and scaling their campaigns on an unprecedented scale, phishing remains a top initial attack vector.
Debate among ardent fans will likely continue well into the future, but a couple of things are certain: even though the Iron Throne is now toast, there are many takeaways the cybersecurity industry can draw from based on this eight-year dynastic series. Insider threats are real.
According to 2024 Thales Global Data ThreatReport: Financial Services , FinServ organizations face greater security challenges in securing cloud infrastructure and focus on locking down secrets in development operations. Summary One essential part of cybersecurity in financial services is secret management.
Solid Data Security: The Foundation of a Safe Digital World madhav Thu, 10/17/2024 - 04:58 It’s that time of year again. Oh, and it’s Cybersecurity Awareness Month. This year’s theme, “Secure Our World,” encourages people to safeguard the digital assets that are instrumental to their personal and professional lives.
According to the latest Thales Consumer Digital Trust Index, over a quarter (26%) of consumers have abandoned a brand in the past 12 months due to privacy concerns. This dual threat of financial and reputational harm makes robust cybersecurity not just a technical necessity but a critical business imperative.
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.
Digitaltransformation is changing the way we live and work, both in India and around the globe. DigitalTransformation is Well Underway. Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.
Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.
Cybersecurity Awareness Month 2024: The Top Four Ways to Secure Our World madhav Tue, 10/01/2024 - 06:44 Cybersecurity Awareness Month is an international initiative that focuses on simple ways to protect ourselves, our families, and our businesses from online threats. Key Cybersecurity Practices to Implement 1.
With the rise of AI-driven automation, machine identities, and the increasing blending of personal and professional digital footprints, the question is no longer just who we are but how we define, protect, and control our identities in an ever-evolving digital landscape. The Identity Crisis Theres no getting away from Identity.
As digitaltransformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. Lines are now blurred between physical and digital experiences. The report shows that 95 percent of U.S.
Cybersecurity Awareness Month 2024: The Top Four Ways to Secure Our World madhav Tue, 10/01/2024 - 06:44 Cybersecurity Awareness Month is an international initiative that focuses on simple ways to protect ourselves, our families, and our businesses from online threats. Key Cybersecurity Practices to Implement 1.
Combatting CybersecurityThreats Through Integration. The problem of the increasing threat landscape is equally reflected in the 2022 Thales Data ThreatReport. As more companies move along the path toward digitaltransformation, the need for better security has never been more evident.
The digital skills gap comes at a cost. trillion cumulative GDP growth.The skills gap is slowing digitaltransformation and in cybersecurity it’s increasing risks. Digital leaders need to solve this issue fast and technology has a valuable part to play in this. Many organisations have reported on the situation.
2020 may have been the year of establishing remote connectivity and addressing the cybersecurity skills gap, but 2021 presented security experts, government officials and businesses with a series of unpresented challenges. Threats abound in 2021.
Security analysts at Sophos’ Managed Threat Response unit last year detailed some campaigns that used VMs to hide their malicious payloads. Cybersecurity vendor McAfee, in its first-quarter threatreport this month, noted that bad actors are increasingly turning to ransomware-as-a-service (RaaS) campaigns.
During the heady days of rapid digitaltransformation and exponential data growth, they developed technology and capabilities that allowed any data dependent organization to embed data security into the very fabric of their business systems. 2021 Thales Data ThreatReport. Data security. More About This Author >.
businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitallytransform their operations. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Download the 2020 Thales Data ThreatReport-Global Edition for more key findings.
Solid Data Security: The Foundation of a Safe Digital World madhav Thu, 10/17/2024 - 04:58 It’s that time of year again. Oh, and it’s Cybersecurity Awareness Month. This year’s theme, “Secure Our World,” encourages people to safeguard the digital assets that are instrumental to their personal and professional lives.
Nearly half (47%) of the respondents of the 2023 Thales Data ThreatReportreported that cyberattacks are increasing in volume and severity. Meanwhile, organizations continue to invest in digitaltransformation by utilizing the efficiencies and elasticity offered by cloud service providers.
The Rising Threat of Phishing and Credential-Based Attacks As malicious actors evolve their tactics, adding AI to their arsenal of malicious tools and automating and scaling their campaigns on an unprecedented scale, phishing remains a top initial attack vector.
According to 2024 Thales Global Data ThreatReport: Financial Services , FinServ organizations face greater security challenges in securing cloud infrastructure and focus on locking down secrets in development operations. Summary One essential part of cybersecurity in financial services is secret management.
As organizations adopt new security tools such as CASB and container security, both of which generate valuable detection data, and as digitaltransformation introduces even more technology, security operations will only become more complex, exacerbating these issues. With these ongoing challenges, chaos will continue in SOC operations.
And, as we’ve all seen, the failure to manage digital risks can have a negative impact on the reputation, operations and market value of affected enterprises. The Threat Level Is Rising. While the threat level has risen, IT, operational technology (OT) and Internet of Things (IoT) have continued to converge.
Cloud Key Management Solution for Azure, Azure Stack and M365 madhav Thu, 08/03/2023 - 05:59 Uncover Your Cybersecurity Blind Spots Cybersecurity is a strategic risk that should be managed at the highest levels of an organization. CipherTrust Manager as well as Luna Network HSM can be used as a key source.
Thales and Imperva Win Big in 2024 madhav Fri, 12/13/2024 - 08:36 At Thales and Imperva, we are driven by our commitment to make the world safer, and nothing brings us more satisfaction than protecting our customers from daily cybersecuritythreats. But that doesnt mean we dont appreciate winning the occasional award.
As reported in the 2024 Thales Data ThreatReport , ransomware attacks are more common with 28% of survey takers experiencing an attack (up from 22% last year). To manage these expenses, retailers need to take a proactive approach to cybersecurity, focusing on data visibility, threat prevention, and risk management.
Thales and Imperva Win Big in 2024 madhav Fri, 12/13/2024 - 09:36 At Thales and Imperva, we are driven by our commitment to make the world safer, and nothing brings us more satisfaction than protecting our customers from daily cybersecuritythreats. But that doesnt mean we dont appreciate winning the occasional award.
As reported in the 2024 Thales Data ThreatReport , ransomware attacks are more common with 28% of survey takers experiencing an attack (up from 22% last year). To manage these expenses, retailers need to take a proactive approach to cybersecurity, focusing on data visibility, threat prevention, and risk management.
The Thales 2024 Data Security Directions Council Report: Digital Sovereignty: Is Your Data Truly Yours? madhav Tue, 11/12/2024 - 06:31 Digital sovereignty has emerged as topic of significant interest by both businesses and governments.
How Cybersecurity Can Save Critical Infrastructure josh.pearson@t… Tue, 08/13/2024 - 07:05 Critical infrastructure (CI) has become a prime target for malicious actors seeking to manipulate, disrupt, or undermine the operation of industrial control systems (ICS). What Are the Key Report Findings?
Secure Your World with Phishing Resistant Passkeys madhav Thu, 10/10/2024 - 05:12 As we celebrate Cybersecurity Awareness Month 2024 with the theme "Secure Our World," exploring innovative technologies is crucial to help us achieve this goal. One such advancement that's revolutionizing online security and user authentication is passkeys.
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