Social engineering scams sweep through financial institutions
North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago, according to BioCatch. The data shows scams …
How human ingenuity continues to outpace automated security tools
10% of security researchers now specialize in AI technology as 48% of security leaders consider AI to be one of the greatest risks to their organizations, according to …
Why AI-enhanced threats and legal uncertainty are top of mind for risk executives
AI-enhanced malicious attacks are the top emerging risk for enterprises in the third quarter of 2024, according to Gartner. Key emerging risks for enterprises It’s the third …
Identity-related data breaches cost more than average incidents
Identity-related data breaches are more severe and costly than run-of-the-mill incidents, according to RSA. 40% of respondents reported an identity-related security breach. Of …
AI learning mechanisms may lead to increase in codebase leaks
The proliferation of non-human identities and the complexity of modern application architectures have created significant security challenges, particularly in managing …
Strong privacy laws boost confidence in sharing information with AI
53% of consumers report being aware of their national privacy laws, a 17-percentage point increase compared to 2019, according to Cisco. Informed consumers are also much more …
50% of financial orgs have high-severity security flaws in their apps
Security debt, defined for this report as flaws that remain unfixed for longer than a year, exists in 76% of organizations in the financial services sector, with 50% of …
Sophos mounted counter-offensive operation to foil Chinese attackers
Sophos conducted defensive and counter-offensive operation over the last five years with multiple interlinked nation-state adversaries based in China targeting perimeter …
99% of CISOs work extra hours every week
The most common challenge for CISOs is resource constraints: not enough staff, budget or technology to support the security program needed or meet compliance requirements, …
6 key elements for building a healthcare cybersecurity response plan
Medical practices remain vulnerable to cyberattacks, with over a third unable to cite a cybersecurity incident response plan, according to Software Advice. This gap exposes …
Trust and risk in the AI era
55% of organizations say the security risks for their business have never been higher, according to Vanta. Yet the average company only dedicates 11% of its IT budget to …
Fraudsters revive old tactics mixed with modern technology
Threat actors continue to probe the payments ecosystem for vulnerabilities and were successful in conducting fraud schemes affecting multiple financial institutions, …