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The perils of over-reliance on single cloud providers

Artificial Intelligence, Cloud, Compliance, cybersecurity, Gartner, generative AI, News, Privacy, regulation, report, risk, survey / SecurityTicks

The perils of over-reliance on single cloud providers 06/11/2023 at 07:39 By Help Net Security The risk associated with dependence on a particular cloud provider for multiple business capabilities is in the top five emerging risks for organizations for the second consecutive quarter, according to a survey by Gartner. Emerging risks In September 2023, Gartner […]

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Healthcare’s road to redefining cybersecurity with modern solutions

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Healthcare’s road to redefining cybersecurity with modern solutions 03/11/2023 at 08:07 By Help Net Security The rate of data encryption following a ransomware attack in healthcare was the highest in the last three years, according to Sophos. Ransomware attacks continue to grow in sophistication Among those organizations surveyed, cybercriminals successfully encrypted data in nearly 75%

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Financial organizations embrace automation for enhanced security

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Financial organizations embrace automation for enhanced security 03/11/2023 at 07:31 By Help Net Security The security performance of financial applications generally outperforms other industries, with automation, targeted security training, and scanning via Application Programming Interface (API) contributing to a year-over-year reduction in the percentage of applications containing flaws, according to Veracode. Against a backdrop of

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AI is transforming financial crime compliance

Artificial Intelligence, automation, Banks, Compliance, cybersecurity, machine learning, News, report, risk monitoring, strategy, survey, WorkFusion / SecurityTicks

AI is transforming financial crime compliance 03/11/2023 at 07:01 By Help Net Security While 86% of compliance, operations, risk and IT professionals at banks and non-banking financial institutions (NBFIs) surveyed said they would increase spending on AI and ML over the next two years, a 93% of respondents said that instead of using automation to

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Cybersecurity workforce shortages: 67% report people deficits

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Cybersecurity workforce shortages: 67% report people deficits 02/11/2023 at 09:02 By Help Net Security The global cybersecurity workforce has reached 5.5 million people, an 8.7% increase from 2022, representing 440,000 new jobs, according to ISC2. While this is the highest workforce ever recorded, the report shows that demand is still outpacing the supply. The cybersecurity

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Cybersecurity habits and behaviors executives need to be aware of

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Cybersecurity habits and behaviors executives need to be aware of 02/11/2023 at 07:01 By Help Net Security Top executives — the employee group most targeted by threat actors — are frequently provided unfettered access to valuable data sources and networked assets, according to Ivanti. Executives access unauthorized work data While 96% of leaders say they

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Public exposure of data breaches is becoming inevitable

Allianz, Artificial Intelligence, cybercrime, cybersecurity, data breach, extortion, News, Ransomware, report, supply chain attacks, survey / SecurityTicks

Public exposure of data breaches is becoming inevitable 01/11/2023 at 09:01 By Help Net Security Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of large cyber losses shows the number of cases in which data is exfiltrated is soaring, as

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Ransomware attacks set to break records in 2023

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Ransomware attacks set to break records in 2023 01/11/2023 at 08:01 By Help Net Security Ransomware attacks continue at a record-breaking pace, with Q3 2023 global ransomware attack frequency up 11% over Q2 and 95% year-over-year (YoY), according to Corvus Insurance. In its Q2 2023 Global Ransomware Report, Corvus noted a significant resurgence in global

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Mainframes are around to stay, it’s time to protect them

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Mainframes are around to stay, it’s time to protect them 01/11/2023 at 07:31 By Help Net Security While many organizations run their core business applications on the mainframe, IT leaders lack confidence in the effectiveness of their mainframe security compliance, signaling a need for more robust security practices, according to Rocket Software. For decades, mainframe

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The hidden costs of Java, and the impact of pricing changes

Azul, Cloud, cloud computing, CVE, cybersecurity, Java, Log4j, News, open source, Oracle, report, survey / SecurityTicks

The hidden costs of Java, and the impact of pricing changes 01/11/2023 at 07:01 By Help Net Security An overwhelming 98% of all the businesses surveyed use Java in their software applications or infrastructure, and 57% of those organizations indicate that Java is the backbone of most of their applications, according to Azul. When including

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The hidden costs of data breaches for small businesses

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The hidden costs of data breaches for small businesses 31/10/2023 at 07:01 By Help Net Security Nearly 8 in 10 small business leaders admit they are anxious about the safety of their company’s sensitive data and information, according to Shred-it. According to the Identity Theft Resource Center’s report, the number of data breaches remains in

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Companies scramble to integrate immediate recovery into ransomware plans

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Companies scramble to integrate immediate recovery into ransomware plans 30/10/2023 at 08:01 By Help Net Security More than one-third of companies still do not have a well-rounded, holistic ransomware strategy in place, according to Zerto. Immediate recovery crucial for businesses’ survival The survey also found that companies are reevaluating their data protection and cyber resilience

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Cyber attacks cause revenue losses in 42% of small businesses

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Cyber attacks cause revenue losses in 42% of small businesses 30/10/2023 at 07:32 By Help Net Security 85% of small business leaders say they are ready to respond to a cyber incident despite a record-high 73% reporting an attack in 2023, according to Identity Theft Resource Center. Employee and consumer data continue to be the

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IoT security threats highlight the need for zero trust principles

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IoT security threats highlight the need for zero trust principles 27/10/2023 at 07:31 By Help Net Security The high number of attacks on IoT devices represents a 400% increase in malware compared to the previous year, according to Zscaler. The increasing frequency of malware attacks targeting IoT devices is a significant concern for OT security,

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SMBs at risk as AI misconceptions lead to overconfidence

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SMBs at risk as AI misconceptions lead to overconfidence 27/10/2023 at 07:03 By Help Net Security Despite advancements in IT security measures, SMBs remain firmly in the crosshairs of cybercriminals, according to Devolutions. Ransomware payments and IoT malware incidents soar Spikes in incidents such as ransomware payments and IoT malware attacks indicate that this year

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AI strengthens banking’s defense against fraud

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AI strengthens banking’s defense against fraud 27/10/2023 at 06:32 By Help Net Security Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, according to Entrust. The key to future payment solutions 63% of respondents indicated that they are comfortable with AI

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AI-related security fears drive 2024 IT spending

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AI-related security fears drive 2024 IT spending 27/10/2023 at 06:02 By Help Net Security Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While generative AI has not yet had a material impact on IT

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Ransomware groups continue to increase their operational tempo

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Ransomware groups continue to increase their operational tempo 26/10/2023 at 06:31 By Help Net Security Q3 of 2023 continued an ongoing surge in ransomware activity, according to GuidePoint Security. GuidePoint Research and Intelligence Team (GRIT) observed a nearly 15% increase in ransomware activity since Q2 due to an increased number of ransomware groups, including 10

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CISOs struggling to understand value of security controls data

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CISOs struggling to understand value of security controls data 26/10/2023 at 06:02 By Help Net Security Many CISOs are grappling with the conundrum of the purpose and value of security controls data in supporting critical business decisions, according to Panaseer. The biggest concern when taking on a new CISO role is receiving an inaccurate audit

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Security leaders have good reasons to fear AI-generated attacks

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Security leaders have good reasons to fear AI-generated attacks 25/10/2023 at 06:33 By Help Net Security Generative AI is likely behind the increases in both the volume and sophistication of email attacks that organizations have experienced in the past few months, and it’s still early days, according to Abnormal Security. Their leading worry is the

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