40 percent of BEC attacks are AI generated

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Almost half (49 percent) of all detected spam emails are attributed to business email compromise (BEC) scams, with the CEO, followed by HR and IT, being the most common targets according to a new report.

The research from VIPRE Security Group puts a more sinister complexion on this trend, revealing that a full 40 percent of the BEC emails uncovered were AI-generated, and in some instances, AI likely created the entire message.

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Why we need to change how we understand cyber risk [Q&A]

Cybersecurity is a high priority for organizations, yet often they're unsure if they're focusing their effort in the right places, and spending too much or too little on protecting themselves.

Robin Oldham, CEO of Cydea, believes current methods of understanding cyber risk are outdated and misrepresent risk and lead to misunderstandings that only promote fear, uncertainty and doubt. We spoke to him to find out what can be done to change this mindset and approach.

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Financial services companies concerned about use of AI but still plan to increase spending

Futuristic robot artificial intelligence concept.

Almost half of financial services leaders had a positive view of AI in 2023. But despite this initial excitement, the implementation of planned initiatives this year has been sluggish.

A new report from Lucidworks finds only one in four AI projects have been deployed, similar to many of the other industries surveyed. In 2023, the most common expected impact of Gen AI for financial services was business operations improvement. The majority of deployed initiatives followed suit in 2024, however, the industry reports below average cost and revenue benefits.

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Consumer sites drive growth in passkey adoption

Passwordless Login with Passkey Concept

Take up of passkeys as a more secure means of accessing websites has been a little disappointing to date, but new research from Dashlane shows that passkeys are starting to gain traction with consumers.

It finds that early passkey adoption is largely being driven by the consumer space, with 'sticky' apps (those used frequently on a daily basis -- including Facebook and X) leading the way.

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Business not prepared for shift to 90-day TLS certificates

Transport Layer Security. Secure Socket Layer. TLS SSL. Cryptographic protocols provide secured communications.

A new survey of 800 security decision-makers across the US, UK, Germany and France reveals that 76 percent of security leaders recognize the pressing need to move to shorter certificate lifespans to improve security.

However, the study from machine identity specialist Venafi, also shows many feel unprepared to take action, with 77 percent saying the shift to 90-day certificates will mean more outages are inevitable.

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Enterprises face serious ransomware epidemic

ransomware cash

A new global ransomware study of nearly 1,000 organizations in a variety of industries finds most firms are facing a never-ending series of breaches, a serious epidemic that leaves them continuously in the crosshairs of ransomware gangs.

The study from Semperis also shows that 39 percent of attacked companies in the US, UK, France and Germany paid a ransom four times or more in the past 12 months.

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Size matters when it comes to email attacks

email error

Of course all companies are vulnerable to email threats, but analysis by Barracuda of targeted email attacks over the past year, reveals that organizations are vulnerable in different ways, according to their size.

Lateral phishing -- where attacks are sent to mailboxes across the organization from an already compromised internal account -- makes up just under half (42 percent) of targeted email threats against organizations with 2,000 employees or more, but just two percent of attacks against companies with up to 100 employees.

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Using DMARC with Office 365 and G Suite [Q&A]

email DMARC

New email rules from major providers mean that businesses need to adopt the DMARC standard in order to ensure that their emails get delivered.

But while the new rules have received a good deal of publicity there hasn't been much attention paid to those not running their own mail server and relying on a third-party mail services.

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Cracked screens, damaged sockets and delinquent dogs -- how Brits damage their tech

Cracked smartphone dog

As we've become more reliant on tech devices we use them in more places that ever before, which in turn means more opportunities for them to suffer mishaps.

A new report from Secure Data Recovery UK looks at the common ways that people damage or lose their tech and at some of the weirder ones too.

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CrowdStrike -- what went wrong?

CrowdStrike mobile

This time last week businesses around the world were rocked by major disruption as a faulty update to the CrowdStrike security software brought down Windows systems.

The company has now issued a preliminary report into the incident which reveals that a 'Rapid Response Content' configuration update caused the problem.

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How AI is transforming sport [Q&A]

Robot arm putting golf ball on tee as caddy or player with fairway green background. Sport athletic and technology concept. 3D illustration rendering

A new survey from IBM and Morning Consult polled over 18,000 global sports fans to discover the ways in which people follow and engage with their favorite sports are evolving

It finds a growing generational shift in preferences -- including embracing technologies like AI in areas such as augmented reality, recruiting, and fan engagement.

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Sysadmins don't understand how to use AI

Shrugging businessman

A new study released ahead of tomorrow's SysAdmin Day reveals that 60 percent of sysadmins admit to a lack of understanding of how to leverage AI practically in their organization.

The report from Action1 finds 72 percent of those surveyed expressed a need for training, and 45 percent are concerned about becoming obsolete in the job market due to their current level of AI literacy.

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US CISOs not prepared for cybersecurity regulations

confused with laptop software

A new survey of over 200 CISOs across a wide range of industries in the United States reveals that many are unprepared for tough new regulations including the SEC's cybersecurity disclosure rules in the USA and the Digital Operational Resilience Act (DORA) in the EU.

The study from Onyxia Cyber shows 67 percent of CISOs report feeling unprepared for these new compliance regulations, while 52 percent admit to lacking sufficient knowledge about how to report cyberattacks to the government.

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Enterprises struggle to govern use of AI in development

Futuristic AI thinking of droid robot artificial intelligence concept

A new study from Checkmarx shows that 99 percent of enterprises are using AI code generation tools, yet only 29 percent have established any form of governance.

The survey of 900 CISOs and application security professionals worldwide finds 15 percent of respondents have explicitly prohibited the use of AI tools for code generation within their organizations.

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IT and security leaders feel less safe than a year ago

Worry

A new study from Appsbroker CTS finds 79 percent of IT and cybersecurity leaders believe that emerging technologies like GenAI will 'change the game', leaving them unprepared.

In addition 90 percent say the risk and severity of cyberattacks has increased over the past year, while 61 percent believe the attack surface is now 'impossible to control'.

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