EU’s financial institutions face cyber resilience crisis
78% of Europe’s largest financial institutions experienced a third-party breach in the past year, according to SecurityScorecard. In the wake of attacks such as MOVEit and …
Relying on CVSS alone is risky for vulnerability management
A vulnerability management strategy that relies solely on CVSS for vulnerability prioritization is proving to be insufficient at best, according to Rezilion. In fact, relying …
The race against time in ransomware attacks
Most organizations lack strong cyber resilience strategies or data security capabilities to address threats and maintain business continuity, according to BigID. Despite both …
Blocking access to ChatGPT is a short term solution to mitigate risk
For every 10,000 enterprise users, an enterprise organization is experiencing approximately 183 incidents of sensitive data being posted to ChatGPT per month, according to …
CISOs consider zero trust a hot security ticket
The majority of organizations are on the road to implementing a zero trust framework to increase their overall security risk posture, according to PlainID. However, only 50% …
Cryptojacking soars as cyberattacks increase, diversify
Digital threat actors are adopting evolving tactical behaviors, opting for different types of malicious attacks compared to previous years, according to SonicWall. Overall …
Zero trust rated as highly effective by businesses worldwide
Zero trust is here to stay, with 82% of experts currently working on implementing zero trust, and 16% planning to begin within 18 months, according to Beyond Identity. Over …
Companies are rushing into generative AI without a cohesive, secure strategy
Despite mass adoption of generative AI, most companies don’t have a coordinated strategy for deploying it or know how to assess its security—exposing them to risks and …
RaaS proliferation: 14 new ransomware groups target organizations worldwide
In the Q2 2023, GuidePoint Research and Intelligence Team (GRIT) tracked 1,177 total publicly posted ransomware victims claimed by 41 different threat groups. The most …
Average cost of a data breach reaches $4.45 million in 2023
IBM released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report and a …
Consumers demand more from businesses when it comes to security
Fraudsters are opportunistic criminals and 2022 and the first few months of this year brought opportunities like never before, according to Experian. This volatility …
Attackers intensify DDoS attacks with new tactics
As we entered 2023, the cybersecurity landscape witnessed an increase in sophisticated, high-volume attacks, according to Gcore. The maximum attack power rose from 600 to 800 …