According to a study conducted by Aberdeen and commissioned by Code42, data breaches from insiders can cost as much as 20% of annual revenue. Perhaps just as important, the study showcased that at least one in three reported data breaches involve an insider.
Well-meaning but negligent users are the biggest data loss risk: More than 70 percent of organizations say the biggest data loss risk is the well-meaning but negligent employee.
Let’s face it, cybersecurity isn’t the responsibility of a single person, team or department -- it’s a shared responsibility of the entire organization, along with its extended network of technology partners, vendors and suppliers. Since humans are the biggest cybersecurity risk, the concept of a security culture is even more relevant and significant in today’s times.
Lookout, Inc. announced the discovery of major crypto mining scams using hundreds of Android apps. In total, security researchers at the Lookout Threat Lab identified more than 170 apps that are estimated to have scammed more than 93,000 victims.
The U.S. Secret Service hosted a virtual Cyber Incident Response Simulation with business leaders, law enforcement and other private sector partners focused on ransomware and cryptocurrency attacks and mitigation strategies.
In a new era of hybrid workspaces, many sectors are making the shift to the cloud and adopting cloud-based SaaS applications at an accelerated pace for agility and scalability - but this practice and the efficiencies that are gained come at a cost. Business leaders are realizing that they must allot more of their resources and budgets to address new security concerns surrounding these transitions to keep their environment safe and prevent breaches.
Kaseya’s VSA product has been the victim of a sophisticated ransomware attack, affecting 60 Kaseya customers and an estimated 1,500 downstream businesses. Attackers are allegedly demanding $70 million in return for a universal decryptor software key that would unscramble all affected machines.
Secretary of Homeland Security Alejandro N. Mayorkas announced the Department’s largest cybersecurity hiring initiative in its history with the onboarding of nearly 300 cybersecurity professionals and the extension of an additional 500 tentative job offers.
