Pinch yourself because it’s sometime hard to believe in 2017 – but one of the biggest threats your company faces are old-fashioned and simplistic phishing attacks.
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Some $86.4 billion has been spent globally on information security so far in 2017 alone, a 7 percent increase from 2016, according to Gartner. The forecast for 2018 is that the spending will reach $93 billion, making the Chief Information Security Officer a fundamental role in any organization.
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.
Among the riskier activities enterprises can undertake are merging with or acquiring other businesses—and not just for the financial considerations involved. Mergers and acquisitions (M&A) present a number of cyber security risks that might not even be on the radar screen when merger discussions first begin.
New data from Akamai Technologies reveals that distributed denial of service (DDoS) and web application attacks are on this rise following months of decline, increasing 28% in Q2 2017 from the same period last year.
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.
An analysis of healthcare data breaches for the first half of the year shows that the healthcare industry is on the path to suffer more one data breach a day this year.
One doesn’t have to look far to see software is vulnerable, and who better to discuss the perceived state of software security than developers. With that in mind, Netsparker recently conducted a survey that looked at the views of developers on eactly this subject.
Organizations worldwide are on track to spend a cumulative $86.4 billion on information security products this year, a 7 percent increase over 2016, Gartner reports. The research firm anticipates that figure will climb to $93 billion in 2018.
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.
Taking a leaf from the EU’s book on data protection, the United Kingdom is preparing to introduce a new law that will see it aligned with the General Data Protection Regulation (GDPR), to be on par with the rest of Europe after it is no longer a member of the union.