Cybersecurity has emerged as the top focus of upstream oil and gas companies’ digital investments, according to a report from Accenture. The report is based on a global survey of 255 industry professionals, including C-suite executives, functional leaders and engineers. Increased investments in cybersecurity When respondents were asked which digital technologies their organizations are investing…

Many organizations are starting to realize the benefits of increased scale and velocity of application deployment in their businesses, according to F5 Networks. This value, however, can bring significant complexity as organizations maintain legacy infrastructure while increasingly relying on multiple public and private clouds, implement modern application architectures, and face an evolving and sophisticated threat…

The developments in the area of cybersecurity are alarming. As the number of smart devices in private households increases, so do the opportunities for cyber criminals to attack, TÜV Rheinland reveals. Uncontrolled access to personal data undermines confidence in the digital society. The logistics industry and private vehicles are increasingly being targeted by hackers. “From…

Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering growth of Ponzi schemes, exit scams, and misappropriation of funds crimes, the value of which rose 533 percent year over year….

The majority of companies (77 percent) continue to use or plan to use automation in the next three years, according to a Ponemon Institute and DomainTools survey. The biggest takeaway in this year’s study is that 51 percent of respondents now believe that automation will decrease headcount in the IT security function, an increase from…

9,050,064,764 credentials have been recovered throughout 2019 which came from a total of 640 unique data breaches and include email addresses connected to plaintext passwords and usernames with plaintext passwords, SpyCloud reveals. That means, on average, each of these data breaches gave criminals more than 14 million sets of login credentials. Because people often reuse…

83% of IT security professionals feel more overworked going into 2020 than they were at the beginning of 2019, and 82% said their teams were understaffed, according to a Tripwire survey. Hard to find skilled security staff The strain on cybersecurity teams is exacerbated by the inability to find experienced staff, and 85% acknowledged it…