Deepfake fraud is on the rise say business leaders

Deepfake plan

Over half of C-suite and other executives (51.6 percent) expect an increase in the number and size of deepfake attacks targeting their organizations' financial and accounting data in the next year.

A new Deloitte poll shows that increase could impact more than one-quarter of executives in the year ahead, as those polled report that their organizations experienced at least one (15.1 percent) or multiple (10.8 percent) deepfake financial fraud incidents during the past year.

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84 percent of enterprises suffered security incidents in the last year

Enterprise cyberattack

According to a new survey, 84 percent of organizations in the enterprise sector spotted a cyberattack within the last 12 months, compared to only 65 percent in 2023.

The study from Netwrix shows the most common security incidents are phishing, user or admin account compromise, and ransomware or other malware attack.

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CIOs need to anticipate future business challenges

Businessman forecasting crystal ball

The latest tech trends report from Info-Tech Research Group suggests that that CIOs will need to increasingly adopt forward-thinking strategies to anticipate and simulate future business scenarios.

"At the intersection of digital transformation and exponential AI growth, IT leaders are
entering a new era where forecasting probable futures will be just as critical as reporting on the past," says Brian Jackson, principal research director and lead author of the report. "Our 2025 Tech Trends report provides a roadmap for organizations to harness AI, quantum computing, and cybersecurity solutions to stay ahead of the curve."

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Meeting the challenges of enterprise development [Q&A]

software development coding

The rate of change in both technology and economic conditions can make it hard for CIOs to both innovate and satisfy the needs of the business.

We spoke to Ioan Iacob, founder and CEO of financial application specialist FlowX, to discuss the challenges of developing apps in the enterprise and how they can be addressed.

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Infostealer malware targeting macOS enters the top 10 threats

Malware Detected Warning Screen

The latest threat detection data from Red Canary shows that Atomic Stealer -- an infostealer that targets credentials, payment card data, keychain details, and cryptocurrency wallet information on macOS devices -- has entered the top 10 threats.

Other notable appearances include Scarlet Goldfinch -- an 'activity cluster' that uses fake browser updates to trick users into downloading a legitimate remote management and monitoring tool that can be abused to deploy malicious software -- and ChromeLoader -- a malicious browser extension that reads and hijacks browser traffic to redirect it to specific sites, likely to conduct pay-per-click advertising fraud.

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83 percent of organizations use AI to generate code despite concerns

The AI CPU is generating code

A survey of 800 security decision-makers across the US, UK, Germany and France reveals that 92 percent of security leaders have concerns about the use of AI-generated code within their organization.

In spite of these concerns though the study from Venafi finds 83 percent of organizations use AI for coding and open source software is present in 61 percent of applications.

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UK public worried about cyberwarfare

Cyber war military

A new survey of 2,000 people in the UK for the International Cyber Expo shows that 72 percent believe that cyberwarfare is likely to be the next step in modern combat.

Over half of people (52 percent) said they believe cyberwarfare may be the next step in warfare combined with physical tactics.

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Businesses ignore security when deploying AI

AI-security

A new report from Orca Security highlights that, as organizations invest in AI innovation, most of them are doing so without regard for security.

The report uncovers a wide range of AI risks, including exposed API keys, overly permissive identities, misconfigurations, and more.

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Organizations vulnerable to software supply chain attacks

Software supply chain blockchain

According to Gartner, 60 percent of organizations work with over 1,000 third parties, and a new report shows many of these supply misconfigured or vulnerable hardware and software, putting customers at risk.

The study from CyCognito finds web server environments, including platforms like Apache, NGINX, Microsoft IIS, and Google Web Server, were the host of 34 percent of all severe issues across surveyed assets. They accounted for more severe issues than 54 other environments combined (out of 60 environments surveyed),

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75 percent of organizations affected more than once by ransomware

Ransomware money

A new report from SpyCloud finds that Ransomware is seen as the biggest cybersecurity threat across every industry, with 75 percent of organizations affected by ransomware more than once in the past 12 months -- a jump from 61 percent in 2023.

Based on a survey of 510 individuals in active cybersecurity roles within organizations in the US and the UK with at least 500 employees, the report shows some industries are more at risk than others, with insurance firms 6.3x more likely to experience a ransomware attack and healthcare 2.1x more likely.

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Only 12 percent of businesses say they're ready for AI

Artificial intelligence

A new report from data integrity company Precisely finds that despite 60 percent of organizations saying AI is a key influence on data programs, only 12 percent report that their data is of sufficient quality and accessible for effective AI implementation.

While 76 percent of enterprises say data-driven decision-making is a top goal for their data programs, 67 percent still don't completely trust the data they rely on for these decisions, up from 55 percent in 2023.

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Generative AI in the legal sector [Q&A]

Internet AI law concept

The use of generative AI isn't just confined to the tech sector, it's appearing in lots of other industries too in order to streamline operations and boost digital transformation efforts.

We spoke to Jay Madheswaran, CEO of Eve, to learn more about how GenAI is being used by legal firms and the challenges that adopting it can present.

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95 percent of website bot attacks go undetected

Robot pressing keyboard shortcuts

More than 65 percent of websites are unprotected against simple bot attacks and 95 percent of advanced bot attacks go undetected on websites.

A new report from DataDome reveals that eCommerce and luxury goods sites are at greatest risk. Just five percent of luxury brand websites and 10 percent of eCommerce websites are fully protected against bad bots.

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80 percent of CNI organizations suffer email related breaches

email DMARC

A new survey of IT and security leaders working within critical infrastructure industries reveals that 80 percent of organizations experienced an email-related security breach over the past year, and 63.3 percent of respondents say their email security approach needs to be improved.

The report from infrastructure protection company OPSWAT based on a study by Osterman Research finds that despite advancements in cybersecurity, 48 percent of organizations lack confidence in their existing email security defenses, leaving them vulnerable to potentially devastating cyberattacks.

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Only 16 percent of companies think their software testing is efficient

Software testing

A new survey of 401 tech professionals from Leapwork shows that only 16 percent of businesses think their current testing practices are efficient.

Interestingly, AI could be making this worse, although 85 percent of total respondents have integrated AI apps into tech stacks in the past year, most (68 percent) have experienced issues with their performance, accuracy, and reliability.

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