eCommerce credit card fraud is nearly an inevitability

Riskified surveyed 5,000 US-based consumers aged 18 and older about their online shopping behaviors, experience with and prevalence of credit card fraud, repeat shopping likelihood and customer satisfaction to develop a full picture of how consumers react to a number of common shopping experiences. The results are worrisome for both consumers and merchants, as roughly…

The biggest cybersecurity challenge? Communicating threats internally

IT executives responsible for cybersecurity feel a lack of support from company leaders, and 33 percent feel completely isolated in their role, according to Trend Micro. IT teams are under significant pressure, with some of the challenges cited including prioritizing emerging threats (47 percent) and keeping track of a fractured security environment (43 percent). The…

Enterprises are struggling with cloud complexity and security

The rush to digital transformation is putting sensitive data at risk for organizations worldwide according to the 2019 Thales Data Threat Report – Global Edition with research and analysis from IDC. As organizations embrace new technologies, such as multi-cloud deployments, they are struggling to implement proper data security. “Our research shows that no organization is…

SSDP amplification attacks rose 639%

The Nexusguard Q3 2018 Threat Report has revealed the emergence of an extremely stealthy DDoS attack pattern targeting communications service providers (CSPs). This new vector exploits the large attack surface of ASN-level (autonomous system number) CSPs by spreading tiny attack traffic across hundreds of IP addresses to evade detection. The ongoing evolution of DDoS methods…

Cybercrime could cost companies trillions over the next five years

Companies globally could incur $5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to Accenture. Based on a survey of more than 1,700 CEOs and other C-suite executives around…

Encryption is key to protecting information as it travels outside the network

A new Vera report reveals stark numbers behind the mounting toll of data breaches triggered by cybercrime and accidents. One of the most recognized and mandated security controls, installed encryption tools protect just four percent of breached files. Meanwhile, compliance-focused mindsets and perimeter-driven encryption deployments keep organizations’ encryption investments fundamentally misaligned with how employees and…

Third parties: Fast-growing risk to an organization’s sensitive data

The Ponemon Institute surveyed more than 1,000 CISOs and other security and risk professionals across the US and UK to understand the challenges companies face in protecting sensitive and confidential information shared with third-party vendors and partners. According to the findings, 59 percent of companies said they have experienced a data breach caused by one…