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Legacy authentication leads to growing consumer frustration

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Legacy authentication leads to growing consumer frustration 20/10/2023 at 07:31 By Help Net Security Despite widespread usage of passwords lingering on, consumers want to use stronger, more user-friendly alternatives, according to FIDO Alliance. Entering a password manually without any form of additional authentication was the most commonly used authentication method across the use cases tracked […]

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GenAI investments surge, anticipated to hit $143 billion by 2027

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GenAI investments surge, anticipated to hit $143 billion by 2027 20/10/2023 at 06:33 By Help Net Security Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with a

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The double-edged sword of heightened regulation for financial services

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The double-edged sword of heightened regulation for financial services 20/10/2023 at 06:04 By Help Net Security Financial services organizations are enticing targets for cybercriminals due to their significant wealth holdings, presenting abundant opportunities for monetary gain through extortion, theft, and fraud, according to Trustwave. In addition to the money itself, the financial services sector stores

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Cyber resilience starts in the C-suite

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Cyber resilience starts in the C-suite 19/10/2023 at 06:33 By Help Net Security In many cases, senior executives/line-of-business leaders are minimally engaged in their company’s cyber preparedness initiatives — only 33% of CEOs or managing directors and 21% of other senior leaders are heavily involved, according to Commvault. According to the research, 52% of senior

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Business resilience becomes primary force behind cybersecurity investments

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Business resilience becomes primary force behind cybersecurity investments 19/10/2023 at 06:03 By Help Net Security Over 80% of northern European organizations emphasize that the need to ensure business resilience is the top driver for their cybersecurity investments, according to Nixu. The report reveals both encouraging progress and increasing concerns. Alarmingly, 50% of organizations reach only

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SMBs seek help as cyber threats reach an all-time high

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SMBs seek help as cyber threats reach an all-time high 18/10/2023 at 06:32 By Help Net Security Understanding the evolving threat landscape is the biggest cybersecurity challenge facing SMBs, including non-for-profit organizations – and more than half are calling for help to manage the risks, according to Sage. Globally, 48% of SMBs have experienced a

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Generative AI merges with intelligent malware, threat level rises

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Generative AI merges with intelligent malware, threat level rises 18/10/2023 at 06:00 By Help Net Security There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing economic recovery and inflationary pressures, particularly in the US

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One in five CISOs miss out on pay raise

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One in five CISOs miss out on pay raise 17/10/2023 at 07:03 By Help Net Security The CISO role was partially shielded from the macroeconomic challenges of 2023, according to a new research from IANS and Artico Search. 20% of CISOs did not receive a raise The most recent average CISO total compensation increase was

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Cyberattacks on healthcare organizations affect patient care

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Cyberattacks on healthcare organizations affect patient care 17/10/2023 at 06:32 By Help Net Security 88% of organizations experienced an average of 40 attacks in the past 12 months, according to a survey conducted by the Proofpoint and Ponemon Institute. Supply chain attacks: Leading patient care risk The average total cost of a cyberattack experienced by

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Anticipating the benefits of a passwordless tomorrow

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Anticipating the benefits of a passwordless tomorrow 17/10/2023 at 06:02 By Help Net Security Businesses are actively moving to eradicate passwords from employees’ lives, with 89% of IT leaders expecting passwords to represent less than a quarter of their organization’s logins within five years or less, according to a FIDO Alliance and LastPass report. Moving

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CISOs and board members are finding a common language

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CISOs and board members are finding a common language 16/10/2023 at 07:39 By Help Net Security 86% of CISOs believe generative AI will alleviate skills gaps and talent shortages on the security team, filling labor-intensive and time-consuming security functions and freeing up security professionals to be more strategic, according to Splunk. 35% report using generative

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Inadequate IoT protection can be a costly mistake

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Inadequate IoT protection can be a costly mistake 16/10/2023 at 06:34 By Help Net Security 97% of organizations are struggling to secure their IoT and connected products to some degree, according to Keyfactor. The research survey also found that 98% of organizations experienced certificate outages in the last 12 months, costing an average of over

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Stronger ransomware protection finally pays off

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Stronger ransomware protection finally pays off 13/10/2023 at 07:01 By Help Net Security 60% of companies are ‘very’ to ‘extremely’ concerned about ransomware attacks, according to latest research from Hornetsecurity. Businesses acknowledge ransomware risk Hornetsecurity revealed that 92.5% businesses are aware of ransomware’s potential for negative impact. Still, just 54% of respondents said their leadership

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AI-enabled bots can solve CAPTCHAs faster than humans

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AI-enabled bots can solve CAPTCHAs faster than humans 13/10/2023 at 06:02 By Help Net Security Companies are losing revenue in the fight against malicious bot attacks, according to survey by Kasada. Despite spending millions of dollars on traditional bot management solutions, companies are still financially impacted by bot attacks. 38% of respondents estimate that a

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As biohacking evolves, how vulnerable are we to cyber threats?

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As biohacking evolves, how vulnerable are we to cyber threats? 12/10/2023 at 07:01 By Help Net Security Can our bodies be hacked? The answer may be yes, in that anyone can implant a chip under the skin and these devices do not usually use secure technologies, according to Entelgy. However, despite more than a decade

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Cybersecurity should be a business priority for CEOs

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Cybersecurity should be a business priority for CEOs 12/10/2023 at 06:02 By Help Net Security 74% of CEOs are concerned about their organizations’ ability to avert or minimize damage to the business from a cyberattack – even though 96% of CEOs said that cybersecurity is critical to organizational growth and stability, according to Accenture. CEOs

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Endpoint malware attacks decline as campaigns spread wider

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Endpoint malware attacks decline as campaigns spread wider 11/10/2023 at 06:31 By Help Net Security In Q2 2023, 95% of malware now arrives over encrypted connections, endpoint malware volumes are decreasing despite campaigns growing more widespread, ransomware detections are declining amid a rise in double-extortion attacks, and older software vulnerabilities persist as popular targets for

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Cybersecurity pros predict rise of malicious AI

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Cybersecurity pros predict rise of malicious AI 10/10/2023 at 06:35 By Help Net Security 76% of cybersecurity professionals believe the world is very close to encountering malicious AI that can bypass most known cybersecurity measures, according to Enea. 26% see this happening within the next year, and 50% in the next 5 years. Worries about

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Cybercriminals can go from click to compromise in less than a day

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Cybercriminals can go from click to compromise in less than a day 10/10/2023 at 06:02 By Help Net Security The median dwell time in ransomware engagements dropped to just under 24 hours from 4.5 days in the previous year and 5.5 days in the year before that, according to SecureWorks. In 10% of cases, ransomware

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$2.7 billion lost to social media scams since 2021

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$2.7 billion lost to social media scams since 2021 09/10/2023 at 13:47 By Help Net Security Scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method, according to the Federal Trade Commission. Social media gives scammers an edge in several ways. They can easily

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