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These were among the findings of a recent SonicWall threatreport that also found ransomware tactics are shifting and diversifying, adding more pressure to already overloaded. The post Malware, Ransomware, IoT Pose Major IT Security Challenges appeared first on Security Boulevard.
Thales 2023 DataThreatReport: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digital transformation. This article highlights the key findings of the report.
Around this time each year, Thales eSecurity releases our annual DataThreatReport (DTR). Now in its sixth year, the report is squarely focused on digital transformation and what that means for organizations and their data security. We are living in an era where databreaches are the new normal.
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. retailers experiencing a breach in the last year.
Databreaches 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.
According to the 2019 DataBreach Investigations Report , 43% of all nefarious online activities impacted small businesses. According to the annual study conducted by IBM examining the financial impact of databreaches on organizations , the cost of a databreach has risen 12% over the past 5 years and now costs $3.92
2020 marks the launch of the Thales DataThreatReport-Global Edition for the seventh consecutive year. This year the report focuses on the post digital transformation era. The 2020 Thales DataThreatReport-Global Edition indicates that we have reached a tipping point.
These vulnerabilities can span from limited use of data encryption to the abuse of privileged user policies. However, modernization and transformative technologies are creating new vulnerabilities resulting in databreaches. DataBreaches aren’t Slowing Down. The problem? Regulations Stoke the Flames.
One of the top findings from the 2018 Thales DataThreatReport, Financial Services Edition was that databreaches in U.S. Not only are breaches at record highs – with 65% of U.S. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.
While it’s no surprise to anybody reading this that databreaches are on the rise, the attacks facing healthcare organizations, most recently in Asia, are particularly worrisome. One need not look very far to find examples of the threats facing these entities: In Singapore, 1.5 Evolving Threat Landscape.
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 databreaches. To Sum It Up.
Most organizations express confidence in their current status and budgets, but also expect to experience at least one databreach in 2024. Compromised Credentials Compromised identities from phishing, info stealers, keyloggers, and bad password habits provide the entry point for most ransomware attacks and databreaches.
Another day, another breach. Barely a day goes by where we don’t hear of a databreach. Affecting big companies and small in virtually every vertical and hitting government institutions at the local, state and federal level, sensitive data is routinely exfiltrated, stolen and leveraged with shocking regularity.
Whether offering instant access to patient records, allowing remote diagnosis of treatment, or giving access to lifestyle management and monitoring apps, it’s undeniable that the Internet of Things (IoT) and connected services are revolutionising the healthcare industry.
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 databreaches.
Any operational downtime or even worse data loss due to a databreach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail databreach in 2024 is reported to be $3.48
Any operational downtime or even worse data loss due to a databreach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail databreach in 2024 is reported to be $3.48
These technologies allow organizations to better create and manage data, as well as store critical information more efficiently. According to the Thales eSecurity 2018 Global DataThreatReport, Healthcare Edition , 95% of U.S. respondents reported using these technologies with sensitive data.
According to the 2020 Insider ThreatReport , contractors, service providers, and temporary workers pose the greatest risk to 50% of organizations. These attacks require physical access as someone must physically insert the rogue device, and in this case, that “someone” was an insider; more specifically, an outsourced worker.
Gartner defines digital risk management as “the integrated management of risks associated with digital business components, such as cloud, mobile, social, big data, third-party technology providers, OT and the IoT.” Some smaller companies have even gone out of business as the result of a databreach.
The historic amount of coverage that databreaches have produced in 2018 has exposed executives and consumers to the importance of security, like no year before. However, in an attempt to be “better” many organizations have leaned heavily on emerging technologies such as cloud, blockchain and IoT – aka digital transformation.
However, when analyzed by new algorithmic data mining methods, big data can reveal patterns, trends, and associations that can, among other things, relate to human behavior and interactions. This is how big data analytics is enabling behavioral biometric-authentication mechanisms.
By leveraging insights from 180k+ vulnerabilities that are sourced from more than 25 threat sources, you’re better prepared to prevent attacks from happening. Identify all IoT, OT, and IT assets for a comprehensive, categorized inventory. With over 450 pre-configured templates, speedily understand where you have threats.
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. First – The breaches.
Zero Trust and SDP complement Identity to secure the extended enterprise ecosystem given the rash of supply chain attacks and exponential growth of IoT devices, many of which lack adequate security. Ninety-five percent of cybersecurity breaches are due to human error (Symantec Internet Security ThreatReport).
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. Let’s talk about breach rates first. The data bears this out.
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. The rising reliance on cloud platforms creates an expanded attack surface for threat actors and adversarial nation-states to exploit.
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? There also appears to be some confusion over how to best protect critical data.
Other buzz words and topics that are top of mind: Quantum computing; NIST standards; a patchwork of data privacy legislation and standards with hope for more consistency; foreign adversaries ramp up their efforts and the U.S. This haste could lead to significant databreaches and security missteps.
Bringing automation, Artificial Intelligence (AI), machine learning, and the Internet of Things (IoT) to the workplace as part of digital transformation has many benefits. Ransomware is a threat that changes and evolves constantly, and this summer is seeing an increase in the volume of social engineering lures. Additional Resources.
From smart cities and digital IDs to open government and better governance, the Cloud, Big Data, IoT and Artificial Intelligence have enabled a wide range of digital government initiatives. Data Security. Digitalization of services and adoption of new platforms are reinventing government services and public administration.
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. The numbers don’t lie.
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