GenAI investments surge, anticipated to hit $143 billion by 2027
Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure …
The double-edged sword of heightened regulation for financial services
Financial services organizations are enticing targets for cybercriminals due to their significant wealth holdings, presenting abundant opportunities for monetary gain through …
Cyber resilience starts in the C-suite
In many cases, senior executives/line-of-business leaders are minimally engaged in their company’s cyber preparedness initiatives — only 33% of CEOs or managing …
Business resilience becomes primary force behind cybersecurity investments
Over 80% of northern European organizations emphasize that the need to ensure business resilience is the top driver for their cybersecurity investments, according to Nixu. The …
SMBs seek help as cyber threats reach an all-time high
Understanding the evolving threat landscape is the biggest cybersecurity challenge facing SMBs, including non-for-profit organizations – and more than half are calling for …
Generative AI merges with intelligent malware, threat level rises
There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing …
One in five CISOs miss out on pay raise
The CISO role was partially shielded from the macroeconomic challenges of 2023, according to a new research from IANS and Artico Search. 20% of CISOs did not receive a raise …
Cyberattacks on healthcare organizations affect patient care
88% of organizations experienced an average of 40 attacks in the past 12 months, according to a survey conducted by the Proofpoint and Ponemon Institute. Supply chain attacks: …
Anticipating the benefits of a passwordless tomorrow
Businesses are actively moving to eradicate passwords from employees’ lives, with 89% of IT leaders expecting passwords to represent less than a quarter of their …
CISOs and board members are finding a common language
86% of CISOs believe generative AI will alleviate skills gaps and talent shortages on the security team, filling labor-intensive and time-consuming security functions and …
Inadequate IoT protection can be a costly mistake
97% of organizations are struggling to secure their IoT and connected products to some degree, according to Keyfactor. The research survey also found that 98% of organizations …
Stronger ransomware protection finally pays off
60% of companies are ‘very’ to ‘extremely’ concerned about ransomware attacks, according to latest research from Hornetsecurity. Businesses acknowledge …