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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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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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Shadow IT: Security policies may be a problem

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Shadow IT: Security policies may be a problem 20/09/2023 at 08:23 By Zeljka Zorz 3 out of 4 workers use personal (and often unmanaged) phones and laptops for work and nearly half of companies let unmanaged devices access protected resources, a recent report by Kolide and Dimensional Research has revealed. When asked why they use

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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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Never use your master password as a password on other accounts

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Never use your master password as a password on other accounts 19/09/2023 at 08:33 By Helga Labus One in three Americans now use password managers, up from one in five in 2022, according to an online poll by Security.org that quizzed 1,051 American adults on how they use passwords and password managers. How users choose

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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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Generative AI lures DevOps and SecOps into risky territory

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Generative AI lures DevOps and SecOps into risky territory 15/09/2023 at 06:36 By Help Net Security Application security leaders are more optimistic than developer leaders on generative AI, though both agree it will lead to more pervasive security vulnerabilities in software development, according to Sonatype. According to the surveyed DevOps and SecOps leaders, 97% are

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Rising OT/ICS cybersecurity incidents reveal alarming trend

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Rising OT/ICS cybersecurity incidents reveal alarming trend 14/09/2023 at 06:01 By Help Net Security 60% of cyberattacks against the industrial sector are led by state-affiliated actors and often unintentionally enabled by internal personnel (about 33% of the time), according to Rockwell Automation. This corroborates other industry research showing OT/ICS (Industrial Control Systems) cybersecurity incidents are

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Latest fraud schemes targeting the payments ecosystem

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Latest fraud schemes targeting the payments ecosystem 13/09/2023 at 06:33 By Help Net Security Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and search engine optimization (SEO) techniques to cultivate compelling and effective phishing and social engineering campaigns, the

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Privacy concerns cast a shadow on AI’s potential for software development

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Privacy concerns cast a shadow on AI’s potential for software development 13/09/2023 at 06:01 By Help Net Security Organizations are optimistic about AI, but AI adoption requires attention to privacy and security, productivity, and training, according to GitLab. “The transformational opportunity with AI goes way beyond creating code,” said David DeSanto, CPO, GitLab. “According to

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