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Cybercrime stats you can’t ignore

Cybercrime stats you can’t ignore 2024-05-07 at 07:31 By Help Net Security In this article, you will find excerpts from various reports that offer stats and insights about the current cybercrime landscape. Behavioral patterns of ransomware groups are changing GuidePoint Security | GRIT Q1 2024 Ransomware Report | April 2024 Q1 2024 resulted in a […]

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Ransomware activity is back on track despite law enforcement efforts

Ransomware activity is back on track despite law enforcement efforts 2024-05-07 at 06:31 By Help Net Security Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global ransomware

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Only 45% of organizations use MFA to protect against fraud

Only 45% of organizations use MFA to protect against fraud 2024-05-07 at 06:01 By Help Net Security Most businesses struggle with identity verification and have concerns over ability to protect against AI, according to Ping Identity. Despite stronger protection solutions available, many organizations aren’t taking full advantage. The report, based on responses from 700 IT

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Organizations go ahead with AI despite security risks

Organizations go ahead with AI despite security risks 2024-05-06 at 07:01 By Help Net Security AI adoption remains sky high, with 54% of data experts saying that their organization already leverages at least four AI systems or applications, according to Immuta. 79% also report that their budget for AI systems, applications, and development has increased

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Ransom recovery costs reach $2.73 million

Ransom recovery costs reach $2.73 million 2024-05-03 at 08:01 By Help Net Security Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms, the

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Most companies changed their cybersecurity strategy in the past year

Most companies changed their cybersecurity strategy in the past year 2024-05-03 at 07:31 By Help Net Security Businesses worldwide have faced a rate of change in the threat environment evidenced by 95% of companies reporting cybersecurity strategy adjustments within just the past year, according to LogRhythm. Strategic shifts within organizations At the heart of these

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97% of security leaders have increased SaaS security budgets

97% of security leaders have increased SaaS security budgets 2024-05-03 at 06:31 By Help Net Security 58% of the organizations were affected by a SaaS security incident in the last 18 months, according to Valence Security’s 2024 State of SaaS Security Report. Likely, as a result, 96% security leaders have made SaaS security a top

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Verizon DBIR 2024 Shows Surge in Vulnerability Exploitation, Confirmed Data Breaches 

Verizon DBIR 2024 Shows Surge in Vulnerability Exploitation, Confirmed Data Breaches  2024-05-02 at 17:16 By Eduard Kovacs Verizon’s 2024 DBIR shows that vulnerability exploitation increased three times and confirmed data breaches doubled compared to the previous year. The post Verizon DBIR 2024 Shows Surge in Vulnerability Exploitation, Confirmed Data Breaches  appeared first on SecurityWeek. This

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2024 Data Breach Investigations Report: Most breaches involve a non-malicious human element

2024 Data Breach Investigations Report: Most breaches involve a non-malicious human element 2024-05-02 at 08:31 By Help Net Security The exploitation of vulnerabilities as an initial point of entry almost tripled from the previous year, accounting for 14% of all breaches, according to Verizon’s 2024 Data Breach Investigations Report, which analyzed a record-high 30,458 security

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Women rising in cybersecurity roles, but roadblocks remain

Women rising in cybersecurity roles, but roadblocks remain 2024-05-02 at 07:01 By Help Net Security The ISC2 study on women in cybersecurity, a comprehensive research effort that collected responses from 2,400 women, has revealed several significant findings. These include promising trends in women’s entry into the profession, their roles within teams, and their comparable achievements

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AI-driven phishing attacks deceive even the most aware users

AI-driven phishing attacks deceive even the most aware users 2024-05-02 at 06:33 By Help Net Security Vishing and deepfake phishing attacks are on the rise as attackers leverage GenAI to amplify social engineering tactics, according to Zscaler. AI automates and personalizes various aspects of the attack process AI-driven phishing attacks leverage AI tools to enhance

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Essential steps for zero-trust strategy implementation

Essential steps for zero-trust strategy implementation 2024-05-01 at 06:01 By Help Net Security 63% of organizations worldwide have fully or partially implemented a zero-trust strategy, according to Gartner. For 78% of organizations implementing a zero-trust strategy, this investment represents less than 25% of the overall cybersecurity budget. A fourth quarter 2023 Gartner survey of 303

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Passwords under seven characters can be easily cracked

Passwords under seven characters can be easily cracked 2024-04-30 at 06:31 By Help Net Security Any password under seven characters can be cracked within a matter of hours, according to Hive Systems. The time it takes to crack passwords increases Due to the widespread use of stronger password hashing algorithms to protect data, the time

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Security analysts believe more than half of tasks could be automated

Security analysts believe more than half of tasks could be automated 2024-04-30 at 06:01 By Help Net Security Security industry leaders believe that AI and automation technologies are critical to addressing the complexities of modern security operations, according to Anomali. AI expected to boost threat detection In fact, security analysts maintain that up to 57%

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Honeywell: USB Malware Attacks on Industrial Orgs Becoming More Sophisticated

Honeywell: USB Malware Attacks on Industrial Orgs Becoming More Sophisticated 2024-04-29 at 17:01 By Eduard Kovacs An analysis conducted by Honeywell shows that much of the USB-borne malware targeting industrial organizations can still cause OT disruption. The post Honeywell: USB Malware Attacks on Industrial Orgs Becoming More Sophisticated appeared first on SecurityWeek. This article is

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AI is creating a new generation of cyberattacks

AI is creating a new generation of cyberattacks 2024-04-29 at 07:01 By Help Net Security Most businesses see offensive AI fast becoming a standard tool for cybercriminals, with 93% of security leaders expecting to face daily AI-driven attacks, according to Netacea. Offensive AI in cyberattacks The research, “Cyber security in the age of offensive AI”,

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Closing the cybersecurity skills gap with upskilling programs

Closing the cybersecurity skills gap with upskilling programs 2024-04-29 at 06:31 By Help Net Security The list of skills technologists and organizations need to succeed grows with each new tech advancement, according to Pluralsight. But for many organizations, budgets and staff continue to shrink. This survey asked 1,400 executives and IT professionals how organizations can

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Most people still rely on memory or pen and paper for password management

Most people still rely on memory or pen and paper for password management 2024-04-26 at 08:02 By Help Net Security Bitwarden surveyed 2,400 individuals from the US, UK, Australia, France, Germany, and Japan to investigate current user password practices. The survey shows that 25% of respondents globally reuse passwords across 11-20+ accounts, and 36% admit

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Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares

Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares 2024-04-26 at 06:03 By Cointelegraph by Jesse Coghlan CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year. This article is an excerpt from Cointelegraph.com News View Original Source

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