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The risk associated with dependence on a particular cloud provider for multiple business capabilities is in the top five emerging risks for organizations for the second consecutive quarter, according to a survey by Gartner. Emerging risks In September …
The rate of data encryption following a ransomware attack in healthcare was the highest in the last three years, according to Sophos. Ransomware attacks continue to grow in sophistication Among those organizations surveyed, cybercriminals successfully …
The security performance of financial applications generally outperforms other industries, with automation, targeted security training, and scanning via Application Programming Interface (API) contributing to a year-over-year reduction in the percentag…
While 86% of compliance, operations, risk and IT professionals at banks and non-banking financial institutions (NBFIs) surveyed said they would increase spending on AI and ML over the next two years, a 93% of respondents said that instead of using auto…
Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of large cyber losses shows the number of cases in which data is exfiltrated is …
Ransomware attacks continue at a record-breaking pace, with Q3 2023 global ransomware attack frequency up 11% over Q2 and 95% year-over-year (YoY), according to Corvus Insurance. In its Q2 2023 Global Ransomware Report, Corvus noted a significant resur…
While many organizations run their core business applications on the mainframe, IT leaders lack confidence in the effectiveness of their mainframe security compliance, signaling a need for more robust security practices, according to Rocket Software. F…
An overwhelming 98% of all the businesses surveyed use Java in their software applications or infrastructure, and 57% of those organizations indicate that Java is the backbone of most of their applications, according to Azul. When including Java-based …
Nearly 8 in 10 small business leaders admit they are anxious about the safety of their company’s sensitive data and information, according to Shred-it. According to the Identity Theft Resource Center’s report, the number of data breaches re…
More than one-third of companies still do not have a well-rounded, holistic ransomware strategy in place, according to Zerto. Immediate recovery crucial for businesses’ survival The survey also found that companies are reevaluating their data pro…