Across the globe, an estimated 5% of small-to-mid-sized businesses (SMBs) fell victim to ransomware from 2016 to 2017, and according to 97% of managed service providers (MSPs) ransomware attacks increase in magnitude year over year.
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Outdated software is now a bigger threat than weak passwords, bring-your-own-device (BYOD) and unsecured USB sticks, according to a new study.
The vast majority of businesses think data protection is important or mission-critical for digital and IT transformation projects, but they lack the technological provisions to provide good data protection assurance.
A new study by the Parliament Street think tank has revealed that the UK’s National Health Service (NHS) lost nearly 10,000 patient records between 2017 and 2018. After facing the ‘biggest ransomware’ offensive in history, NHS trusts lost hundreds of thousands of additional documents.
Distributed Denial of Service (DDoS) attacks aimed at disruption remain a massive problem for businesses big and small, despite the shutdown of the Webstresser DDoS-for-hire service. Attackers are also increasingly striking outside of normal business hours, researchers have found.
Cloud computing enables the much-needed speed and agility demanded in our digital economy era. Embracing the cloud can generate significant cost savings as well as new revenue streams. However, the cloud-first mindset may be sending digital businesses down a dangerous path.
A new phishing campaign is making the rounds. Scammers are taking advantage of a small, but serious oversight in Microsoft’s Office 365 suite of online services to serve phishing emails that are visually indistinguishable from work-related emails and appear completely safe. This new threat once again highlights the importance of training your first line of defense to deal with cyber threats, as part of your organization’s cybersecurity strategy.
For the eighth year in a row, healthcare organizations incurred the highest costs from data breaches, costing them an average $408 per lost or stolen record. Costs associated with data breaches in healthcare are nearly three times higher compared to other industries.
With cybercrime showing no signs of slowing down in 2018, security leaders are looking to find and invest in the best tools and approaches to combat their adversaries. Yet the cat-and-mouse-game continues, as hackers get more innovative every day, sometimes outpacing even the best cyber defenses.
Despite spending billions on preventing data loss, the C-suite is demonstrating a stark disconnect between business policy and personal behavior. Many admit to stealing intellectual property (IP) from a former employer, while others are taking hacker attacks as such a certainty that they are literally stockpiling crypto-cash to pay off hackers in the event of a breach.
Enterprises are progressively moving their workloads to multiple cloud (multi-cloud) providers, migrating their mission-critical applications to an environment that facilitates performance, management and scalability. This novel strategy shifts focus away from cutting costs and towards increased performance and security, while enabling organizations to stay innovative and competitive, new data shows.
2018 will be remembered by many in the corporate world as the year the GDPR kicked in. Every organization covered by the EU’s new regulation had a year’s heads up to ensure conformity, yet few today are 100% compliant. However, new data suggests a few good reasons behind businesses’ extra diligence in their approach to this pressing issue.