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2024 Thales Global DataThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Among these businesses, human error was cited as the leading cause of cloud-based databreaches at 41% (10 points higher than the global number).
Protecting Retailers Against Cyber Risks 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 databreach extends beyond immediate financial losses.
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.
Centralised, Scalable, Compliant: Keeping Your Data Safer with Enterprise Key Management madhav Tue, 02/18/2025 - 04:50 The rise of multi-cloud environments, hybrid infrastructures, and stricter regulatory requirements has made cryptographic key management a major priority for enterprises around the world.
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.
Shifting Risk and Business Environment Demand creates a Shift in Security Strategies. The 2022 Thales DataThreatReport, based on data from a survey of almost 2,800 respondents from 17 countries across the globe, illustrates these trends and changes. The quantum computing threat. 2021 Report.
The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. It's crucial to recognize that databreaches have enormous impacts on individuals, businesses, and society.
As retailers expand their digitization, they need to continually address cybersecurity since the challenge to secure critical and confidential data will only increase. In fact, this year’s report showed a massive increase in databreaches, with 50 percent of U.S. retailers experiencing a breach in the last year.
The Data Security Challenge Thales recently released the 2024 Thales DataThreatReport – Financial Services Edition which highlights the latest data security challenges and threats to financial services organizations. Human error was the leading cause of cloud-based databreaches.
According to Thales eSecurity’s latest DataThreatReport, European Edition , almost three in four businesses have now fallen victim to some of the world’s most significant databreaches, resulting in a loss of sensitive data and diminished customer trust. Fighting breaches with budgets.
Key Takeaways from the Thales DataThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
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.
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. Each and every environment and instance requires a data security plan and implementation tuned to the environment.
Key Takeaways from the Thales DataThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
Databreaches are the new normal. According to our 2018 Global DataThreatReport , 67% of enterprises have been breached, with that percentage rate growing every year. As organizations move to the cloud, it is critical that they consider new security measures to protect their data.
August is two-thirds of the way through year, and we have already seen a number of serious, far-reaching databreaches making headlines, some occurred in 2018, and some from 2017 that are now being disclosed. When it comes to databreach notification laws, things can get tricky and complex, varying state-by-state.
They might at first glance, but retailers are now exposing themselves to a whole host of security risks as these connected shopping technologies evolve. As we head into 2019, one thing is clear: more convenience is directly proportional to industry-wide risk. Our recent DataThreatReport, Retail Edition showed that 52 percent of U.S.
According to the Thales DataThreatReport, Healthcare and Life Sciences Edition , in 2023, among healthcare and life sciences respondents, human error (76%) is the leading reported cause of cloud databreaches, well ahead of a lack of MFA, the second highest, at 11%.
Centralized Key Management to Meet the Demand for Enhanced Data Protection Introducing Thales as the Preferred Key Management Partner for HPE GreenLake Thales is proud to be recognized as the preferred Key Management Partner for HPE GreenLake.
Careful planning and forward-thinking security is the best way to protect your most precious asset – your data – either while it is in transit or at rest. Whether the databreach is from stolen identities or human error, privacy breaches of unencrypted data can result in severe penalties under data protection regulations such as GDPR or CCPA.
INC RANSOM ransomware gang claims to have breached Xerox Corp Spotify music converter TuneFab puts users at risk Cyber attacks hit the Assembly of the Republic of Albania and telecom company One Albania Russia-linked APT28 used new malware in a recent phishing campaign Clash of Clans gamers at risk while using third-party app New Version of Meduza (..)
In my family, we regularly ‘unplug’ and use the opportunity to discuss cyber awareness and topics such as the risks to our family information, how we can improve personal safety, and what are we doing to prevent identify theft. It’s impossible to protect data if you don’t know where it is. Protecting sensitive data is the key.
Unfaithful HackerOne employee steals bug reports to claim additional bounties ThreatReport Portugal: Q2 2022 CISA orders federal agencies to patch CVE-2022-26925 by July 22 Tens of Jenkins plugins are affected by zero-day vulnerabilities Microsoft: Raspberry Robin worm already infected hundreds of networks. Upgrade it now!
Organizations globally continue to endure staggering financial losses due to fraud, with an estimated 5% of annual revenues siphoned away by this pervasive threat. Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats.
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.
Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. The stolen data is used both to commit fraud directly and indirectly. Data security.
Likening this flu scenario to a databreach, 70 percent of healthcare organizations report that they’re sick and the majority are not taking proven and adequate measures to stay well. In fact, there’s no way to opt out of the risk. ET about “The State of Data Security in Healthcare.” 12 at 2:00 p.m.
However, this shopping ease and bliss also unintentionally opens up some risks that could be avoided. Competition is one of many challenges retailers face and while that’s nothing new, the data-driven approach online and brick-and-mortar merchants use today is evolving quickly with transformative technology capabilities.
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. How is data stored and used: What are the risks and how to mitigate? To Sum It Up.
In recent years, we’ve seen a sharp rise in reporting and analysis of databreaches – arguably both a stimulant and a symptom of cyber-security taking its place on the board agenda. And while the rise in reporting is positive, it highlights the chasm between recognition of the problem and application of sufficient solutions.
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.
a battle that draws attention (and investment) away from the long-term war to protect mission-critical and personally identifiable data. Despite increases in databreaches, sufficient investment in data protection is still too low for federal agencies, setting them up to repeat mistakes of the past.
The following statistics on databreaches and enterprise security provide important context to the importance of managing user access to corporate resources: The Verizon 2021 DataBreach Investigations Report found that in 61 percent of instances of databreaches, stolen credentials were involved.
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. It turns out that enterprise companies diving head-first into digital transformation technologies are leaving their organizations open to unprecedented risk.
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
Technology continues to improve our lives – but at the same time the risks continue to grow. Encryption, data sovereignty, multifactor authentication and website cookies are all vital ideas and technologies to keep consumers’ personal data safe – but research released this month reveals widespread confusion.
As we navigate through 2024, the cyber threat landscape continues to evolve, bringing new challenges for both businesses and individual consumers. The latest OpenText ThreatReport provides insight into these changes, offering vital insights that help us prepare and protect ourselves against emerging threats.
While these interconnected experiences might seem great at the outset, retailers are opening themselves up to new security risks, especially as we head beyond the holiday season and into 2019. As convenience technologies evolve, look for more risks to consumers and retailers. Protecting Consumer Data is Priority #1.
So why has it become such a hot topic, and what will their willingness – and readiness – to address the topic say about the state of enterprise data security? Databreaches are not a new phenomenon – but it’s a threat continually on the rise. But the onus isn’t just on travelers.
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
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.
Data loss can also occur as a result of falling victim to ransomware, malware or phishing. According to the 2022 BrightCloud® ThreatReport, medium-sized organizations (21 to 100 licensed PCs) experienced malware infection rates that affected nine PCs on average last year.
The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. It's crucial to recognize that databreaches have enormous impacts on individuals, businesses, and society.
It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. million per organisation.
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