In a new study by the The Financial Services Information Sharing and Analysis Center (FS-ISAC), CISOs weighed in on the most critical cyber-defense methods, frequency of cyber-preparedness reporting to their respective boards of directors as well as the current cyber chain of command within their respective financial organizations.

The Online Trust Alliance (OTA) found that cyber incidents targeting businesses nearly doubled from 82,000 in 2016 to 159,700 in 2017. Since the majority of cyber incidents are never reported, OTA believes the actual number in 2017 could easily exceed 350,000. “Surprising no one, 2017 marked another ‘worst year ever’ in data breaches and cyber incidents around the world,”…

2017 was a record-setting year in the fight against cybercrime. Based on analysis of real world cybercrime attacks, ThreatMetrix confirmed a 100 percent increase in volume of attacks over the last two years. The good news is that record numbers of these attacks are thwarted by organizations investing in innovative, digital-first strategies to protect consumers facing downstream attacks…

The percentage of companies reporting financially motivated cyber attacks has doubled over the past two years, with 50% of companies experiencing a cyber attack motivated by ransom in the past year, according to Radware. As the value of bitcoin and other cryptocurrencies has appreciated, ransom attacks provide an opportunity for hackers to cash out for…

Chief Information Security Officers are feeling less confident than ever about cyber-risk and data security this year, according to a survey conducted by Ponemon Institute in late 2017. As today’s climate of high-profile data breaches continues, 67% of respondents believe their companies are more likely to fall victim to a cyberattack or data breach in 2018….

In Frost & Sullivan’s recent survey covering end-user perspectives on navigating digital transformation, 54 per cent of IT professionals cited cybercrime and espionage as their top challenges, followed by systems integration. Other noteworthy findings include significant IT investment in productivity, improving digital presence, as well as communications/collaboration tool integration with other business software (Microsoft Office, Google-G-suite,…

Despite the clear and present danger that weak passwords pose to organizations, many remain focused on implementing technology based on policy, not the user, to address the problem. How do you manage password security? More than half of IT executives surveyed rely on employees alone to monitor their own password behavior, subsequently leaving the company at risk,…

The Internet Society (ISOC), a global non-profit dedicated to ensuring the open development, evolution and use of the Internet, released “Paths to our Digital Future”, a report aimed at exploring the future of the Internet. Artificial intelligence and the Internet of Things hold huge potential to simplify and enhance people’s lives – but only if…

With the compliance deadline for the GDPR fast approaching in May 2018, a new Netskope report took a close look at GDPR readiness among enterprise cloud services, finding little change in level of preparedness compared with levels previously reported. Nearly three-quarters of cloud services still lack key capabilities to ensure compliance.

The characteristics of modern applications in the cloud are changing, requiring software and IT architects to shift priorities. Businesses of all sizes are transforming in order to compete in the digital era, but are bogged down by legacy technologies and inefficient siloed processes and tools that are ill-equipped to handle today’s volume of data.