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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).
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.
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.
trillion, the risk of a databreach extends beyond immediate financial losses. Data Security Thales | Cloud Protection & Licensing Solutions More About This Author > As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. trillion and $5.28 trillion and $5.28
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. An enormous, sprawling attack surface and significantly weakened data security. The result?
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.
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. Where the hazard really lies.
Make no mistake, sensitive data is not only about Personal Identifiable Information (PII) but also valuable information such as intellectual property (e.g. product designs, proprietary software), financial information and legal documents (e.g. So how do organisations in ANZ fare when it comes to data security? contracts).
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.
Experts found critical authentication bypass flaw in HPE Edgeline Infrastructure Manager UNC2529, a new sophisticated cybercrime gang that targets U.S.
Kaseya obtained a universal decryptor for REvil ransomware attack Over 80 US Municipalities Sensitive Information, Including Residents Personal Data, Left Vulnerable in Massive DataBreachThreatReport Portugal: Q2 2021 What Is An Identity and Access Management So-lution and How Can Businesses Benefit From It?
According to the 2019 Thales DataThreatReport -Global Edition, some 90 percent of 1,200 responding data security professionals worldwide report their organizations are using the cloud. To learn more about this effective way to protect data in the PCF, please visit our website. The Cloud Security Challenge.
Many different systems can track workers inside office buildings; of course, there is already plenty of software that tracks what workers do on company equipment as well. Vulnerabilities and Malware Primarily includes severe and exploited vulnerabilities in devices or software used by end users (ex: a major router firmware flaw).
North Korea-linked APT groups actively exploit JetBrains TeamCity flaw Multiple APT groups exploited WinRAR flaw CVE-2023-38831 Californian IT company DNA Micro leaks private mobile phone dataThreat actors have been exploiting CVE-2023-4966 in Citrix NetScaler ADC/Gateway devices since August A flaw in Synology DiskStation Manager allows admin account (..)
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 (..)
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.
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.
Many organizations left that part up to their vendors or stored them inconsistently across their IT infrastructure in both hardware and software. As an increasing amount of critical data gets stored in the cloud, the prospect of cyber-attacks and databreaches rises exponentially. Barriers to multi-cloud data protection.
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. Big Data and EMV 3DS.
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.
Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, newsletter). The post Security Affairs newsletter Round 341 appeared first on Security Affairs.
Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. This finding aligns with other reports, such as Verizon’s 2023 DBIR, which highlights that the human factor is involved in 74% of successful databreaches.
Protecting Consumer Data is Priority #1. In our 2018 DataThreatReport-Retail Edition , we found 50% of respondents reported a databreach this past year, so it goes without saying that the holiday shopping season is a prime time for cyber criminals to target both retailers and consumers alike.
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. An enormous, sprawling attack surface and significantly weakened data security. The result?
The Retail Cyber Threat Landscape Time and again, the retail industry has found itself in the crosshairs of cybercriminals. Databreaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. Retailers: Embrace the 'Secure the Breach' mindset.
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.
The age of Big Data is upon us. And, as more data is available for analytical purposes, more sensitive and private information is at risk. Pivotal Greenplum provides flexibility and tight integration with leading analytical libraries and software stacks. respondents.”.
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
DataBreach Statistics Experiencing a databreach leads companies to many undesirable consequences—financial and reputational damages, disruption of business continuity, compliance violations, and others. The average cost of a databreach is $3.86
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
They’re at the forefront of business, replacing or upgrading legacy systems, software, and devices, which are vulnerable and often unsupported. Executive stakeholders are being prepared for average databreach costs, which according to IBM now reside at just over $4.24 million per organisation.
According to the 2024 Thales DataThreatReport Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a databreach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. What is PCI? What is PCI?
Recognize and Report Phishing According to the Thales 2024 DataThreatReport , phishing is the second fastest-growing attack. One Ponemon report noted that 60% of breaches originated from unpatched vulnerabilities, making this simple practice even more vital.
According to the 2024 Thales DataThreatReport Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a databreach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. What is PCI?
The volume of data that is classified as sensitive and may require security consideration has been increasing due to new and updated privacy regulations like PCI-DSS , GDPR , HIPAA , and FedRAMP (to list a few). Cost and complexity are two of the most cited reasons why organizations limit the volume of data they can secure.
The extra vulnerability stems from a wide range of users and all the way to the software, hardware, and cloud-based components required to meet modern demands. Almost 50% of retail respondents mentioned that retail cybercrime increased over the last year, and one-third of respondents experienced a retail databreach in the previous 12 months.
Recognize and Report Phishing According to the Thales 2024 DataThreatReport , phishing is the second fastest-growing attack. One Ponemon report noted that 60% of breaches originated from unpatched vulnerabilities, making this simple practice even more vital.
According to the World Economic Forum 2023 Global Risks Report, cybercrime and cyber insecurity are among the top 10 short- and long-term global risks. The latest Verizon 2023 DataBreach Investigations Report highlights that due to digitization, SMBs and large companies increasingly use similar services and infrastructure.
A patch management solution that lets you deploy and patch any Microsoft and Linux OS, 3rd party and proprietary software, on-the-fly, from anywhere in the world and according to any schedule. With complete visibility and granular control over your entire software inventory. The solution is relatively easy to use and deploy.
Data Defense: Leveraging SaaS Security Tools madhav Tue, 06/04/2024 - 05:15 The Software-as-a-Service (SaaS) market has burgeoned in recent years, driven by its convenience, scalability, and cost-effectiveness. Are you ready to elevate your SaaS security ?
Data Defense: Leveraging SaaS Security Tools madhav Tue, 06/04/2024 - 05:15 The Software-as-a-Service (SaaS) market has burgeoned in recent years, driven by its convenience, scalability, and cost-effectiveness. Are you ready to elevate your SaaS security ?
Researchers shared technical details of NSA Equation Group’s Bvp47 backdoor Sophos linked Entropy ransomware to Dridex malware. Are both linked to Evil Corp? worth of NFTs from tens of OpenSea users Trickbot operation is now controlled by Conti ransomware.
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