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Ransomware groups are shifting their focus away from larger targets

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Ransomware groups are shifting their focus away from larger targets 28/09/2023 at 06:02 By Help Net Security One in every six ransomware attacks targeting US government offices was traced back to the LockBit ransomware group, according to Trend Micro. Overall ransomware attack victim numbers increased by 47% from H2 2022. “We’ve observed a significant increase […]

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High number of security flaws found in EMEA-developed apps

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High number of security flaws found in EMEA-developed apps 27/09/2023 at 07:47 By Help Net Security Applications developed by organizations in Europe, Middle East and Africa tend to contain more security flaws than those created by their US counterparts, according to Veracode. Across all regions analysed, EMEA also has the highest percentage of ‘high severity’

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Cloud service inefficiencies drain IT budgets

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Cloud service inefficiencies drain IT budgets 27/09/2023 at 06:01 By Help Net Security 71% of IT professionals stated that cloud-related costs make up 30% or more of their total IT spend, according to Aptum. In the current demanding economic environment, organizations are becoming increasingly aware of the financial implications of their business operations. While the

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IT workers see generative AI as a serious threat to their profession

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IT workers see generative AI as a serious threat to their profession 26/09/2023 at 06:01 By Help Net Security While many IT workers see the productivity benefits of AI, 56% believe it benefits employers more than employees, according to Ivanti. Additionally, 63% are concerned generative AI tools might take their job in the next five

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Balancing cybersecurity with convenience and progress

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Balancing cybersecurity with convenience and progress 25/09/2023 at 07:02 By Help Net Security Changing approaches to cybersecurity have led to slow but steady progress in defense and protection. Still, competing interests create a growing challenge for cybersecurity decision makers and practitioners, according to CompTIA. The state of cybersecurity Most business and technology professionals feel that

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Current ransomware defenses efforts are not working

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Current ransomware defenses efforts are not working 25/09/2023 at 06:31 By Help Net Security Despite some positive developments, the impact of ransomware attacks remains high, according to SpyCloud. Infostealer infections preceded 22% of ransomware events for North American and European ransomware victim companies in 2023 – with common infostealers such as Raccoon, Vidar, and Redline

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Despite rising insider risk costs, budgets are being wasted in the wrong places

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Despite rising insider risk costs, budgets are being wasted in the wrong places 25/09/2023 at 06:02 By Help Net Security The cost of an insider risk is the highest it’s ever been, as organizations spend more time than ever trying to contain insider incidents, according to DTEX Systems. The average annual cost of an insider

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Ransomware cyber insurance claims up by 27%

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Ransomware cyber insurance claims up by 27% 22/09/2023 at 07:31 By Help Net Security Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both claims frequency and severity rose for businesses in early 2023 across all revenue bands. Companies

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Code alterations more prevalent in Android apps than iOS

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Code alterations more prevalent in Android apps than iOS 22/09/2023 at 07:01 By Help Net Security 57% of all monitored apps are under attack, with gaming (63%) and FinServ (62%) apps facing the highest risk, according to Digital.ai. The study found no correlation between an app’s popularity and likelihood of being attacked but found Android

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IT pros told to accept burnout as normal part of their job

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IT pros told to accept burnout as normal part of their job 22/09/2023 at 06:31 By Help Net Security The vast majority of IT security professionals admit stress has led them and peers to make errors that have caused data breaches, according to Devo Technology. Recent estimates put the shortage of cybersecurity professionals at 3.5

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SMEs overestimate their cybersecurity preparedness

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SMEs overestimate their cybersecurity preparedness 22/09/2023 at 06:02 By Help Net Security 57% of SMEs have fallen victim to at least one cybersecurity breach, among whom 31% reported that their business experienced a breach within the past 12 months alone, according to Guardz. The increasing number of evolving cyber threats poses a significant risk to

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Regulatory pressure complicates cybersecurity for industrial equipment manufacturers

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Regulatory pressure complicates cybersecurity for industrial equipment manufacturers 21/09/2023 at 07:02 By Help Net Security 50% of companies lack a dedicated security function for control systems and devices within their organizational structure, according to Cybellum. Security incidents involving industrial organizations have seen a sharp rise in recent years, with notable cases highlighting the vulnerabilities in

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Hidden dangers loom for subsea cables, the invisible infrastructure of the internet

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Hidden dangers loom for subsea cables, the invisible infrastructure of the internet 21/09/2023 at 06:32 By Help Net Security More than 97% of the world’s internet traffic passes through subsea cables at some point, according to ENISA. Subsea cables are a vital component of the global internet infrastructure, and it is critical to protect them

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Building GenAI competence for business growth

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Building GenAI competence for business growth 21/09/2023 at 06:02 By Help Net Security To embark on the GenAI technology adoption journey for business success, organizations require foundational activities related to GenAI investment, guidance in prioritizing use cases, and identification of key stakeholders essential for building and implementing successful initiatives, according to IDC. Essential key activities

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Security concerns and outages elevate observability from IT niche to business essential

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Security concerns and outages elevate observability from IT niche to business essential 20/09/2023 at 06:47 By Help Net Security Enterprises that leverage observability increase operational efficiency and grow revenue, according to SolarWinds. The report explores how enterprises can act proactively to maximise the advantages of their observability solutions, integrate best practices into implementations, and mitigate

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Strong compliance management is crucial for fintech-bank partnerships

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Strong compliance management is crucial for fintech-bank partnerships 20/09/2023 at 06:02 By Help Net Security 72% of banks and credit unions are prioritizing compliance when evaluating fintechs, citing it as their top criteria in the due diligence process, according to Ncontracts. As banks and credit unions evaluate fintech partnerships, cybersecurity (62%) is also a critical

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Companies still don’t know how to handle generative AI risks

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Companies still don’t know how to handle generative AI risks 19/09/2023 at 06:32 By Help Net Security Energized by the hype around generative AI, enterprises are aggressively pursuing practical applications of this new technology while remaining cautious about the risks, according to ISG. ISG research shows 85% of companies surveyed believe investments in generative AI

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Organizations are racing against time to meet the PCI DSS 4.0 deadline

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Organizations are racing against time to meet the PCI DSS 4.0 deadline 19/09/2023 at 06:02 By Help Net Security Payment data security concerns remain widespread as organizations undertake significant lift to meet the PCI DSS 4.0 deadline, according to Bluefin. 94% of survey respondents said they have significant or very significant concerns pertaining to payment

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Regulatory activity forces compliance leaders to spend more on GRC tools

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Regulatory activity forces compliance leaders to spend more on GRC tools 18/09/2023 at 07:48 By Help Net Security Legal and compliance department investment in GRC (governance, risk, and compliance) tools will increase 50% by 2026, according to Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk

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Critical business app outages cost $500,000 per hour of downtime

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Critical business app outages cost $500,000 per hour of downtime 18/09/2023 at 07:01 By Help Net Security Observability’s adoption is on the rise and full-stack observability leads to better service-level metrics, such as fewer, shorter outages and lower outage costs, according to New Relic. Respondents receive a median $2 return per $1 of investment in

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