Collaborate Disseminate
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
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
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
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
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
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
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
Sophos conducted defensive and counter-offensive operation over the last five years with multiple interlinked nation-state adversaries based in China targeting perimeter devices, including Sophos Firewalls. Espionage campaigns tied to Chinese hacking g… Continue reading Sophos mounted counter-offensive operation to foil Chinese attackers
The most common challenge for CISOs is resource constraints: not enough staff, budget or technology to support the security program needed or meet compliance requirements, according to DirectDefense. Cybersecurity industry faces ongoing talent shortage… Continue reading 99% of CISOs work extra hours every week
Medical practices remain vulnerable to cyberattacks, with over a third unable to cite a cybersecurity incident response plan, according to Software Advice. This gap exposes healthcare providers to risks of patient data breaches, HIPAA violations, finan… Continue reading 6 key elements for building a healthcare cybersecurity response plan