The study by Diligent and Bitsight points to advanced security and strong risk or audit committees as good predictors of an enterprise’s financial success. Cybersecurity preparedness and financial success are strongly correlated with companies that maintain strong security measures, outperforming peers with only basic defenses by as much as 372% in shareholder returns. […]
Over 709 million attempts to access phishing and scam websites in 2023 have been thwarted by Kaspersky’s anti-phishing system, marking a 40% increase compared to the previous year’s figures. Messaging apps, artificial intelligence platforms, social media services, and cryptocurrency exchanges were among the pathways most frequently exploited by threat actors to scam users. Kaspersky’s […]
Thales announced the release of the 2024 Thales Data Threat Report, its annual report on the latest data security threats, trends, and emerging topics based on a survey of nearly 3000 IT and security professionals in 18 countries across 37 industries. This year’s report found that 93% of IT professionals believe security threats are increasing […]
Experts have warned users of AI-powered “relationship” chatbots that their data and privacy are at risk, after failing all 11 apps they tested. Non-profit Mozilla chose Valentine’s Day to release new research into the chatbots as part of its long-running *Privacy Not Included series of reports. Since generative AI (GenAI) burst onto the […]
In its latest Risk Barometer, Allianz reveals that cyber incidents have claimed the top spot as the foremost global business risk for 2024. It was the third consecutive year that cyber incidents and business interruption ranked in first or second place. Cyber incidents also ranked as the top corporate risk in the U.S., Allianz […]
The IBM Cost of a Data Breach Report is an annual report that provides organizations with information about the financial impacts of breaches. With this data, they can make data-driven decisions about how they implement security in their organization. The report is conducted by the Ponemon Institute and sponsored, analyzed, and published by IBM […]
As we round off the year, take a look at some of the most noble cyber breaches that took place every month this year. This year’s cyber-threat landscape was uniquely ferocious. The global average cost of a data breach rose to $4.45 million, up 15% over the past three years according to IBM. This […]
The landscape of technology is ever-evolving, and each advancement poses new opportunities and threats. One such challenge that has recently come into focus is the growing phenomenon of Artificial Intelligence (AI) children impersonating real kids. According to a study by Visa Stay Secure, 7 out of 10 Ukrainians are concerned that their relatives may […]
CISO churn is a hidden cybersecurity threat. Major security initiatives or implementations can take longer than the residency of a single CISO. The average tenure of a Chief Information Security Officer said to sit between 18 to 24 months. This is barely enough time to get feet under the table. Two questions arise: why […]
Ransomware is one of the most virulent and difficult security challenges organizations face. Cybersecurity experts predict ransomware will attack a business, consumer, or device every two seconds and will cost victims $265 billion annually by 2031. WHAT IS RANSOMWARE? Ransomware is a malware variant designed to deny a user access to their files or […]