One of the top challenges many cyber security executives face today is deciding which technologies to invest in to strengthen their organizations’ security posture.
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Nine in ten IT execs in the UK are concerned with the security of the public cloud, and almost 20% do not deploy security for sensitive data stored outside the company’s infrastructure, according to a recent Bitdefender survey. Half of those surveyed admit cloud migration has significantly expanded the size of the border they have to defend, while only one in five encrypts already migrated data.
Credit-reporting company Equifax Inc. said Thursday that hackers gained access to some of its systems, compromising the personal information of about 143 million U.S. consumers, according to WSJ.
Four in ten companies in the US and the UK experienced five or more significant security incidents in the past year, among most cited external threats being malware, ransomware, and browser lockers (44%), phishing email, web or social (42%), domain infringement or DNS exposure/direct (42%), scams and disingenuous ads (40%), mobile app exposures and unknown or unauthorized rogue company mobile app (37%), and brand abuse and defacement (35%), according to a recent survey conducted by IDG.
Danish IT execs perceive hacktivist entities and competitors as the main interested parties that could target their organisations, according to a recent Bitdefender survey. The study confirms that competitors interested in corporate espionage and foreign state-sponsored attackers come second and third, with 61 percent and 46 percent, respectively.
Some 90 percent of boards of directors in the US address cybersecurity as a serious risk management issue with severe reputation and financial consequences, while only 8 percent haven’t done it so far, according to a recent Bitdefender survey.
It’s safe to say that the concept of the Internet of Things (IoT) has progressed to the point where a growing number of organizations are exploring the opportunities. What might not be so safe is the IoT itself; security remains one of the biggest concerns and challenges of implementations.
Cloud security spending increased for 48 percent of the companies in the past year, while the IT security budget for other security activities remained the same, as shown in a Bitdefender survey of more than 500 IT decision makers.
Ransomware is a growing threat to any organizations that rely on systems and data; in other words, just about any organization in the world.
A catastrophic cyber attack could generate up $121 billion of economic losses, according to a report by cyber insurance company Lloyd's of London, cited by Reuters.
Some 75 percent of US CISOs state the worst consequences of an attacker gaining access to their companies’ most valuable asset would be the financial cost and reputational damage. However, few say the financial cost could lead to bankruptcy 35%.
More than a third of IT execs in Italy say bankruptcy could be the worst consequence of an advanced persistent threat (APT), according to a recent survey by security firm Bitdefender.