Senior security leaders within financial services companies are being challenged with a lack of trusted data to make effective security decisions and reduce their risk from cyber incidents, according to Panaseer. Results from a global external survey of over 400 security leaders that work in large financial services companies reveal concerns on security measurement and…

The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion. From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams. Overall, the percent of suspected fraudulent digital transactions rose 5% from March 11 to April 28 when compared to Jan. 1 to March…

Entrust Datacard released the findings of its survey which highlights the critical need to address data security challenges for employees working from home as a result of the pandemic based on responses from 1,000 US full-time professionals. As social distancing mandates took effect in March 2020, employers found themselves in a massive remote work experiment,…

Organizations’ current approach to risk governance is not sufficient to tackle the complex risk environment organizations are facing today, according to Gartner. The COVID-19 pandemic is just the latest in a line of recent risk events showing how organizations are not properly set up to manage risk, especially fast-moving ones. The research showed that 87%…

Zscaler released their second annual IoT report, compiled after analyzing their customers’ IoT transactions in the Zscaler cloud for two weeks. The company found 553 different IoT devices across 21 categories from 212 manufacturers. Organizations around the world are observing this Shadow IoT phenomenon, where employees are bringing unauthorized devices into the enterprise. With this…

A sharp increase (57%) in high-risk vulnerabilities drove the threat index score up 8% from December 2019 to January 2020, according to the Imperva Cyber Threat Index. Following the release of Oracle’s Critical Patch Update – which included 19 MySQL vulnerabilities—there was an unusual increase in the vulnerabilities risk component within the Index. Specifically, there…

EU Member States have identified risks and vulnerabilities at national level and published a joint EU risk assessment. Through the toolbox, the Member States are committing to move forward in a joint manner based on an objective assessment of identified risks and proportionate mitigating measures. “Europe has everything it takes to lead the technology race….

Organizations are not making progress in reducing their endpoint security risk, especially against new and unknown threats, a Ponemon Institute study reveals. 68% IT security professionals say their company experienced one or more endpoint attacks that compromised data assets or IT infrastructure in 2019, an increase from 54% of respondents in 2017. Zero-day attacks continue…