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Phishing and Fraud Bad actors can defraud customers out of their money, financial details, and other sensitive data by using deception and socialengineering. According to a recent study , the average cost of a retail data breach in 2024 will reach $3.48 million, representing an 18% increase compared to 2023.
The increased reliance on decentralized connection and the continued rapid expansion of digitaltransformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. Threats abound in 2021.
Healthcare Organizations Need to Adapt Their Data Protection Policies to the New Threat Environment. While the pandemic accelerated their digitaltransformation initiatives, it also expanded their threat surface and opened up opportunities for cybercriminals. COVID-19 accelerates healthcare digitalization.
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. 14 G20 countries could miss out on $11.5
Recognize and Report Phishing According to the Thales 2024 Data ThreatReport , phishing is the second fastest-growing attack. Despite the importance and the variety of MFA methods, Thales 2024 DTR report shows that only 46% of the organizations use multi-factor authentication for more than 40% of their employees.
In 2023, 74% of all breaches include the human element, meaning people were involved through mistakes, misuse of privileges, use of stolen credentials, or socialengineering tactics. The human element risk cannot be understated.
Recognize and Report Phishing According to the Thales 2024 Data ThreatReport , phishing is the second fastest-growing attack. Despite the importance and the variety of MFA methods, Thales 2024 DTR report shows that only 46% of the organizations use multi-factor authentication for more than 40% of their employees.
In 2023, 74% of all breaches include the human element, meaning people were involved through mistakes, misuse of privileges, use of stolen credentials, or socialengineering tactics. The human element risk cannot be understated.
Attacks that we see today impacting single agent systems, such as data poisoning, prompt injection, or socialengineering to influence agent behavior, could all be vulnerabilities within a multi-agent system. What the Practitioners Predict Jake Bernstein, Esq.,
In the business and technology world, perhaps its main effect has been to press the accelerator on digitaltransformation in organizations across the globe. Bringing automation, Artificial Intelligence (AI), machine learning, and the Internet of Things (IoT) to the workplace as part of digitaltransformation has many benefits.
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