Financial organizations embrace automation for enhanced security
The security performance of financial applications generally outperforms other industries, with automation, targeted security training, and scanning via Application …
AI is transforming financial crime compliance
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 …
Cybersecurity workforce shortages: 67% report people deficits
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 …
Cybersecurity habits and behaviors executives need to be aware of
Top executives — the employee group most targeted by threat actors — are frequently provided unfettered access to valuable data sources and networked assets, according to …
Public exposure of data breaches is becoming inevitable
Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of …
Ransomware attacks set to break records in 2023
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 …
Mainframes are around to stay, it’s time to protect them
While many organizations run their core business applications on the mainframe, IT leaders lack confidence in the effectiveness of their mainframe security compliance, …
The hidden costs of Java, and the impact of pricing changes
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 …
The hidden costs of data breaches for small businesses
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 …
Companies scramble to integrate immediate recovery into ransomware plans
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’ …
Cyberattacks cause revenue losses in 42% of small businesses
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 …
IoT security threats highlight the need for zero trust principles
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 …