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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. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.
Around this time each year, Thales eSecurity releases our annual Data ThreatReport (DTR). Now in its sixth year, the report is squarely focused on digital transformation and what that means for organizations and their data security. The importance of encryption cannot be overstated. Follow her on Twitter @SocialTIS.
For many years, encryption has been viewed as a burden on businesses – expensive, complex and of questionable value. In just the past few years (and hundreds of high-profile breaches and £Trillions of economic damage later), cyber threats became impossible for the boardroom to ignore. Enter encryption. How things have changed.
Thales 2023 Data ThreatReport: 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.
With many of these transformations, it is not just the premise of keeping up that drives the huge levels of investment we see organisations making – but also the promise of what’s possible, if the right technologies and approaches can be harnessed to disrupt or differentiate in the face of fierce competition. Blockchain. Containers.
A woman speaking on a mobile phone walks past a cloud computing presentation ahead of the CeBIT technology trade fair in 2012. While this raises some concerns, the Thales 2021 Data ThreatReport , based on a study by 451 Research, pointed to some improvement in regulated industries. Sean Gallup/Getty Images).
2020 marks the launch of the Thales Data ThreatReport-Global Edition for the seventh consecutive year. This year the report focuses on the post digital transformation era. The 2020 Thales Data ThreatReport-Global Edition indicates that we have reached a tipping point. Sage advice: encrypt everything.
At the 2019 RSA Conference, Pure Storage and Thales introduced Vormetric Transparent Encryption for Efficient Storage – the IT and security industries’ first end-to-end data encryption framework that realizes storage array data reduction. Storage Costs of Encrypted Data.
Key Takeaways from the Thales Data ThreatReport: 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.
Key Takeaways from the Thales Data ThreatReport: 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.
Navigating the Multicloud Maze: Insights from the Thales Data ThreatReport, Healthcare Edition madhav Wed, 10/25/2023 - 04:39 In the ever-evolving landscape of data security, the healthcare industry stands at a critical juncture. However, while sensitive data is on the rise, encryption practices still have room for improvement.
According to our 2018 Global Data ThreatReport , 67% of enterprises have been breached, with that percentage rate growing every year. Encryption has now become the leading solution for protecting sensitive data. It is considered a best practice to separate your encryption keys from the data.
Thales 2023 Data ThreatReport: The Increased Telco Cybersecurity Challenges in the 5G Era madhav Tue, 09/12/2023 - 05:15 Telecommunications firms have always faced a unique set of security challenges. Securing investments and technology is not just about deploying preventive or responsive controls.
I recently had the pleasure of sharing some industry insights from our 2019 Data ThreatReport-Federal Edition on Cyberwire’s Daily Podcast –specifically addressing the gap in security responsibility many federal agencies face today as they move tremendous amounts of sensitive data into multicloud environments.
Managed security services (MSS) refer to a service model that enable the monitoring and managing of security technologies, systems, or even software-as-a-service (SaaS) products. Whether you prioritize cybersecurity or not, cybercriminals will always prioritize (their own) profit, as the attacks described in our 2021 ThreatReport prove.
It’s no secret that cloud technology usage is pervasive among enterprises. According to the 2019 Thales Data ThreatReport -Global Edition, some 90 percent of 1,200 responding data security professionals worldwide report their organizations are using the cloud. Vormetric Transparent Encryption. 1] [link]. [2]
As the world is slowly returning to pre-pandemic conditions, the underlying trends that have always driven information security, such as new technologies, greater compliance mandates and more severe security incidents, continue to be significant change agents. The quantum computing threat. 2021 Report. 2022 Report.
Among some of the interesting key findings of the Thales 2019 Data ThreatReport-Australia/New Zealand Edition are: 95% of Australian/New Zealand organisations use sensitive data in digitally transformative technologies. Less than 36% encrypt their sensitive data.
According to the 2018 Thales Data ThreatReport , two in five global healthcare organisations (39%) experienced a data breach in the last year, and that’s using today’s relatively modest and well-understood web systems. There must be no question at any point over the integrity of the data or the medical device itself.
As highlighted in the 2019 Thales Data ThreatReport , an increasing number of organizations across the globe are now using sensitive data on digitally transformative technologies like cloud, virtualization, big data, IoT, blockchain, etc. The Way Forward – Choosing the Correct Approach to Data Encryption.
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 data breaches. Security measures continue to be more reactive than proactive. The Future is Multi-cloud.
Data Security Trends: 2024 Report Analysis madhav Mon, 03/25/2024 - 05:08 Amid ongoing economic uncertainty and a progressively complex threat landscape, businesses are trying to navigate increasingly stringent regulatory requirements while bolstering their security posture. Download the full Thales 2024 Thales Data ThreatReport now.
Key management – the processing, management and storage of keys for who can decrypt and access protected information – is an often-overlooked, and yet critical element of encryption. This lack of centralized control can jeopardize the integrity of encryption. However, merely encrypting sensitive data in the cloud is not sufficient.
The 2020 Thales Data ThreatReport Global Edition found that no organization is immune from data security threats, with 49% of global respondents experiencing a breach at some point and 26% having been breached in the past year. Secure encryption keys. Protecting sensitive data is the key.
This trend is demonstrated in the latest Thales Data ThreatReport 2021 ; 55% of the survey respondents reported that more than 40% of their data now resides in a cloud platform. However, with technology innovation comes new risks, security challenges and threats. Todd Moore | VP, Encryption Products.
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.
Unfortunately, some ground is also being lost in a tradeoff between aggressively transforming technology and data security. Increased use of technology, but a security disconnect. This year’s 2020 Thales Data ThreatReport – Federal Government Edition reveals that as the U.S. Breaches remain an issue.
The 1,200 data security professionals worldwide who were surveyed for the 2019 Thales Data ThreatReport-Global Edition tell us that protecting sensitive data in the cloud is becoming increasingly complex. Another best practice is to encrypt the data and tightly maintain access and control of the keys.
The Thales Data ThreatReport 2024 said that 43% of people who access an organization's internal systems or data are either customers, external vendors, or contractors, which is seeing effective identity management beyond employee identities emerge as one of the top security priorities. Are We Sacrificing Safety for Simplicity?
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data ThreatReport-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data ThreatReport-Financial Services Edition and tips for overcoming them.
At the 2019 RSA Conference, Pure Storage and Thales introduced Vormetric Transparent Encryption for Efficient Storage – the IT and security industries’ first end-to-end data encryption framework that realizes storage array data reduction. Storage Costs of Encrypted Data.
And as our 2019 Thales Data ThreatReport – Europe Edition recently revealed, many of these businesses become extremely vulnerable during digital transformation, with those in Europe being no different. Encryption, encryption, encryption. And as the discussion moved along, four overarching themes emerged.
According to our Global Data ThreatReport , 45 percent of respondents will store sensitive data in SaaS environments this year, including cloud storage. In doing this, though, they must ask themselves if they have the proper access controls, data management approaches, and encryption installed.
Competition and strong demand for digitally transformative technologies thrusts IT and data security professionals into a race to meet the demands of today ? Insider threats are real. Take potential threats very seriously. IT and data security pros need an encryption “bodyguard” that constantly accompanies data objects.
Below are six take-aways that encapsulate the essence of the discussion: Our 2019 Thales Data ThreatReport- Federal Edition illustrates that the federal government continues to be under attack! Digital transformation is accelerating the pace at which new technologies are being adopted.
Healthcare’s IT evolution has brought numerous security challenges including regulations, the use of digitally transformative technologies that have created huge amounts of data to store and protect, and the extraordinary value of electronic personal health information (ePHI) to cybercriminals. Almost all (96%) of U.S.
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. According to the 2019 Thales Data ThreatReport – Retail Edition , nearly two thirds (62%) of U.S.
Surveillance Tech in the News This section covers surveillance technology and methods in the news. The UK will neither confirm nor deny that its killing encryption The Verge This is not US-related, but certainly important enough to follow as it may have ramifications in the US in the form of setting precedent.
As The 2018 Thales Global Data ThreatReport notes, “The top Big Data security issue is that sensitive data can be anywhere – and therefore everywhere – a concern expressed by 34% of global and U.S. Moreover, encryption keys must be protected and managed in a trusted manner for security and compliance with regulations.
healthcare organizations are nearly universal in the adoption of digital transformation technologies (cloud, SaaS applications, big data, IoT, digital payments, containers, and blockchain). This year’s Thales Data ThreatReport-Healthcare Edition shows that cloud usage in the U.S. But results showed that today, U.S.
Code Generation : AI can develop security patches or encryption protocols on demand. This adaptability ensures that security measures evolve alongside emerging threats. Analyzing Threat Feeds : AI processes threat intelligence feeds from various sources to identify trends and predict potential attacks.
Today, organizations are rapidly adopting cloud technology. According to Data ThreatReport for 2018 , the majority of businesses don’t just operate in one cloud environment in a single location, but multiple. But with widespread enterprise adoption of cloud technologies, come very real data security risks.
The more that new technologies like cloud, big data, Internet of Things (IoT) and mobile payments are used to provide an exceptional customer experience, the bigger the cybersecurity challenge. The report shows that 95 percent of U.S. retailers are implementing encryption in the cloud today. Seventy-five percent of U.S.
There’s a very tough question on the table that no one can afford to ignore: If more than half of global IT and security executives say they actively fear the exposure of payment card data and other personal identifiable information, why are 70% of them not deploying measures such as encryption to maintain security?
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