Full recovery from breaches takes longer than expected

In 2024, businesses reported taking an average of 7.3 months to recover from cybersecurity breaches – 25% longer than expected and over a month past the anticipated timeline of 5.9 months, according to Fastly. Cybersecurity leaders feel unprepare… Continue reading Full recovery from breaches takes longer than expected

Overreliance on GenAI to develop software compromises security

GenAI is quickly changing the software development process by automating tasks that once took developers hours, if not days, to complete, bolstering efficiency and productivity, according to Legit Security. “As GenAI transforms software development and… Continue reading Overreliance on GenAI to develop software compromises security

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 now represent 23% of all digital banking fraud. Growing danger of deepfake and… Continue reading Social engineering scams sweep through financial institutions

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 HackerOne. HackerOne’s report combines perspectives from the researcher community, c… Continue reading How human ingenuity continues to outpace automated security tools

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 consecutive quarter with these attacks being the top of emerging risk. IT vend… Continue reading Why AI-enhanced threats and legal uncertainty are top of mind for risk executives

AI-Assisted Attacks Top Cyber Threat For Third Consecutive Quarter, Gartner Finds

AI-enhanced malicious attacks are a top concern for 80% of executives, and for good reason, as there is a lot of evidence that bad actors are exploiting the technology. Continue reading AI-Assisted Attacks Top Cyber Threat For Third Consecutive Quarter, Gartner Finds

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 those, 66% reported it as a severe event that affected their organization. 4… Continue reading Identity-related data breaches cost more than average incidents

AI learning mechanisms may lead to increase in codebase leaks

The proliferation of non-human identities and the complexity of modern application architectures has created significant security challenges, particularly in managing sensitive credentials, according to GitGuardian. Based on a survey of 1,000 IT decisi… Continue reading AI learning mechanisms may lead to increase in codebase leaks

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 likely to feel their data is protected (81%) compared to those who are unawar… Continue reading Strong privacy laws boost confidence in sharing information with AI

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 organizations carrying critical security debt, according to Veracode. Financial sec… Continue reading 50% of financial orgs have high-severity security flaws in their apps