Ian Barker

Enterprises have ambitious plans for machine learning but the road isn't a smooth one

machine learning

A new survey looks at how organizations find business value from machine learning (ML), how they plan to invest in the near term, and the challenges they expect to face in achieving their ambitious goals for getting new ML initiatives into production.

The study, conducted by NewtonX for Wallaroo.AI, asked asked chief data officers, chief analytics officers and leaders responsible for AI business outcomes in US private enterprises how they plan to invest in the near term and the challenges they expect to face in achieving their goals for getting new ML initiatives into production.

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Account takeover attacks surge by over 300 percent

Hacker

Account takeover (ATO) attacks jumped a massive 354 percent year-on-year in Q2 2023 according to the latest quarterly Digital Trust and Safety Index from Sift.

Analysis across Sift's global network shows the fintech and food and beverage categories experienced especially large increases. ATO spiked 808 percent across fintech, hitting loyalty sites and crypto, and opening the gate to downstream payment fraud, while the food and beverage industry saw a 485 percent increase in ATO.

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Why bad bots and open banking are creating opportunities for cybercriminals [Q&A]

Artificial intelligence banking

We all know that bad bots are, well… Bad. But open banking is supposed to be good, giving consumers more control over their finances. Combine open banking and bad bots though and you have opened up a world of new threats to banks, customers, and their data.

We spoke to Alan Ryan, AVP for UK and Ireland at Imperva, about how open banking has created new opportunities for cybercriminals, and why the traditional siloed approach to security needs re-appraising.

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Remote work creates extra challenges for network teams

Home remote worker security

The ongoing shift to hybrid and remote work environments has resulted in key changes to the roles and priorities of network administrators in order to address new connectivity challenges and prioritize and preserve a secure, productive end-user experience.

New research by Enterprise Management Associates (EMA) and Auvik shows 73 percent of network professionals reported an increase in workloads, either slightly or significantly, following the shift from traditional to hybrid work environments.

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Businesses not prepared for PKI automation

Magnified certificare

As we reported three months ago, there are some significant changes coming to the PKI marketplace, not least being Google's move to reduce the lifespan of SSL/TLS certificates.

A new report from GlobalSign, based on 110 responses, finds 30 percent of respondents say the increased administrative work and complexity of the changes is their biggest concern.

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Enterprises lack strategy for DevOps automation

DevOps

Investments in DevOps automation are delivering significant benefits, including a 61 percent improvement in software quality, a 57 percent reduction in deployment failures, and a 55 percent decrease in IT costs.

However, a new survey from Dynatrace shows that just 38 percent of organizations have a clearly defined DevOps automation strategy.

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Almost 8 million DDoS attacks launched in first half of 2023

DDoS attack

Cybercriminals have launched approximately 7.9 million DDoS attacks in the first half of 2023, representing a 31 percent year-on-year increase.

A new report from NETSCOUT shows global events like the Russia-Ukraine war and recent NATO bids have driven recent DDoS attack growth.

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How much does 1GB of mobile data cost around the world?

mobile_data

How much do you pay for a gigabyte of mobile data? Analysis of over 5,000 mobile data plans in 237 countries by comparison site Cable.co.uk compares the cost of 1GB of mobile data across the globe.

Israel is the cheapest with 1GB of data on the move costing a mere two cents. Italy is second-cheapest, with 1GB costing $0.085 on average. The US, however, ranks only 219th in the world, with an average 1GB cost of $6.00. The UK is 58th with 1GB costing on average $0.62.

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Businesses forced to cut software spend due to economic downturn

Budget Cut - Conceptual

Financial pressures have forced businesses to cut their software spend by between 10 and 30 percent, according to a new report from SaaS procurement and management platform CloudEagle.

The EagleEye SaaS Spend report analyzed $400M in transactions via the CloudEagle platform and shows that spending on software is now the third-biggest expense for organizations, right after employee and office costs.

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The battle for control of cloud environments [Q&A]

Cloud

Lack of control has long been a pain point for developers in cloud computing, especially with the market dominated -- and controlled -- by a few large providers.

What's likely to happen as developers' desire for control meets the hyperscalers' desire to keep companies locked into their platforms? We spoke to Billy Thompson, solutions engineering manager at Akamai, to find out.

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The key threats facing ICS/OT environments

Industrial IoT

Industrial control system and operational technology environments are becoming increasingly interconnected and complex, offering efficiency and innovation. However, this also exposes organizations to heightened vulnerabilities from relentless cyber threats.

The latest SANS 2023 ICS/OT Cybersecurity Survey, sponsored by critical infrastructure protection specialist OPSWAT, shows the three items of utmost importance for ICS security programs in 2023 have been identified as network visibility, risk assessments, and transient device threat detection.

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The rise in mobile device security threats and the growing attack surface [Q&A]

Threats from internet, gadget addiction

Both government agencies and corporations are being tasked with developing strategies for protecting mobile devices from an increasing wave of attacks. CISOs and business leaders are asking themselves not only how they can use mobile devices to make employees more productive, but also how to realize the full potential of a mobile-powered business.

As leaders execute their mobile-powered businesses, they will also need to parallel these initiatives with mobile-first security strategies to address the fast-growing attack surfaces that bad actors are increasingly jumping on. We spoke to Shridhar Mittal, CEO of Zimperium to discover more.

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Business leaders worry more about ransomware than the economy

Reluctant nervous scared online

According to a new survey from Censuswide for Veeam Software, UK business leaders rate ransomware as a more significant threat to their organization (43 percent) than the economic crisis (41 percent), skills shortages (34 percent), political uncertainty (31 percent), and Brexit (30 percent).

The survey 100 directors of UK companies with over 500 employees who had suffered a ransomware attack in the past 18 months finds 61 percent are anxious about the prospect of another attack.

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63 percent of IT workers are worried AI will take their jobs

AI robots replacing humans in offices

While many IT workers see the productivity benefits of AI, 56 percent believe it benefits employers more than employees. Additionally, 63 percent are concerned generative AI tools might take their job in the next five years compared to 44 percent of general office workers.

These are some of the findings of a new report from Ivanti. It also looks and digital experience (DEX) and finds 58 percent still prefer dealing with a human rather than a chatbot.

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Cyber insurance claims for ransomware reach record high

insurance key

A new report from cyber insurance provider Coalition shows a 12 percent increase in cyber claims over the first six months of this year, driven by the notable spikes in ransomware and funds transfer fraud (FTF).

Companies with over $100 million in revenue saw the largest increase (20 percent) in the number of claims as well as more substantial losses from attacks -- with a 72 percent increase in claims severity from the second half of 2022.

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