Prioritizing security efforts is key to data security in the cloud

32% of healthcare organizations store a wide range of sensitive data in the cloud, including healthcare data and personally identifiable information (PII) of customers and employees, according to Netwrix. In addition, the number of those who are ready to adopt cloud-first approach has increased by 31% since 2018, and the number considering becoming 100% cloud-based…

The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that overall breaches and exposed records were down in 2018, according to Internet Society’s Online Trust Alliance (OTA). The data shows that cybercriminals are getting better at monetizing their activities,…

Cybersecurity incidents cost an estimated $45 billion in 2018, according to a new report that aggregates data from different types of reported security incidents from around the world. It’s difficult to get a complete picture of the cyber incident landscape, says Jeff Wilbur, technical director of the Internet Society’s Online Trust Alliance (OTA), which today…

Worldwide spending on public cloud services and infrastructure will more than double over the 2019-2023 forecast period, according to IDC. With a five-year compound annual growth rate (CAGR) of 22.3%, public cloud spending will grow from $229 billion in 2019 to nearly $500 billion in 2023. “Adoption of public (shared) cloud services continues to grow…

Do cloud apps make you a target for cyber attacks?

Almost half (49%) of businesses believe cloud apps make them a target for cyber attacks, a Thales research reveals. Surveying 1,050 IT decision makers globally, Thales’ 2019 Access Management Index revealed that cloud applications (49%) are listed in the top three reasons an organization might be attacked, just behind unprotected infrastructure such as IoT devices…

Cybersecurity should not be an afterthought within industrial environments

The basics of cyber security are still not being practized regularly and new cyber security risks are emerging as more and more untested technologies are integrated within the critical infrastructures upon which society depends, according to Applied Risk. “We’re seeing rapid proliferation of new and untested technologies finding their way into Operational Technology (OT) that…

What can financial institutions do to improve email security?

Financial institutions are in a fully-fledged war against data breaches. And rightly so – the finance sector is a frequent target of ransomware, phishing, and other malicious attacks. Sensitive communications are particularly vulnerable, with thousands getting leaked every year. Yet at the same time, championing email security in the finance sector may seem like a…

Cybersecurity Experts Worry About Satellite & Space Systems

Information from satellites fuel a great deal of today’s technology, from the intelligence gathering conducted by nation-states, to the global positioning system used for vehicle navigation, to the targeting used by “smart” weapons. Little surprise, then, that cybersecurity and policy experts worry that the relative insecurity of satellite systems open them to attack. In a…