Enterprises plan to increase cloud service investment as part of network transformation
In a drive for network transformation, 98 percent of enterprise IT leaders say they plan to increase their dependence and investment in cloud services.
The latest Enterprise Network Transformation report from SASE solutions company Aryaka finds that although an uncertain economy is impacting network and security team investments CIOs, CISOs and IT leaders are doubling down on investment in the cloud.
(Tell me why) We don't like passwords
Despite relatively low awareness of passwordless technology, 65 percent of North American consumers report they’d be open to using new technology that makes their lives simpler.
A new report from 1Password shows that 80 percent say they care about their online privacy and actively take measures to protect it. But it's clear that they also believe we can do better than passwords for both security and ease of use.
Decoy Dog sniffs out enterprise networks to target
A malware toolkit dubbed 'Decoy Dog' has command-and-control (C2) propagated to a Russian IP and is selectively targeting organizations worldwide -- and going undetected.
The Infoblox Threat Intelligence Group is the first to discover Decoy Dog and the company is collaborating with other companies in the security industry, as well as customers, to identify and disrupt this activity.
Cyber threats get more personal
Popular online platforms such as Netflix, Facebook, and Steam are being used to spread cyber attacks as criminals focus on consumers' favorite online activities.
The latest consumer threat guide from F-Secure finds the most imitated social media platform used to spread phishing threats in 2022 was Facebook at 62 percent. Steam, the largest distribution platform for PC games, was the most popular gaming platform to spoof at 37 percent.
82 percent of open source software components are inherently risky
Recent supply chain attacks such as SolarWinds, Log4j and 3CX have highlighted the need to protect the software supply chain as well as the potential consequences of failing to properly assess the integrity of software.
A new report from software supply chain security management company Lineaje looks at the composition of open-source software and assesses the risks associated with its usage.
Convergence of OT and IT systems sees moves to improve security
As information technology and operational technology increasingly converge it presents new challenges for organizations needing to keep their systems secure.
There's also been something of a shift in the focus of attacks with more emphasis on causing business disruption and damaging reputations.
Strong data protection can deliver economic benefits for enterprises
As enterprises move to cloud and hybrid models they face a range of new challenges in protecting their data.
A new study from Enterprise Strategy Group (ESG), released by Commvault and Microsoft, finds that 53 percent of respondents say their IT environment was more complex than it was two years ago.
Phishing attacks increase by more than 100 percent
Phishing attack volumes increased by 102 percent in the first quarter of 2023 according to a new report from email security and threat detection company Vade.
In the first quarter of this year Vade detected 562.4 million phishing emails, passing the previous quarter's total by 284.8 million. January accounted for the highest volume of phishing emails in Q1 with 488.5 million.
US and UK are the countries most attacked by ransomware
In the 12 months from April 2022 to March 2023 the US and UK were the countries that suffered the most ransomware attacks.
However, the latest Malwarebytes ransomware report shows that the USA suffered a little over seven times more attacks in the last twelve months than the UK. It's perhaps not a coincidence that the USA's economic output, measured by gross domestic product (GDP), is also about seven times larger than the UK's.
Vulnerable cloud attack surface grows almost 600 percent
A new report from cyber asset visibility and management company JupiterOne shows numbers of enterprise cyber assets have increased by 133 percent year-on-year, from an average of 165,000 in 2022 to 393,419 in 2023.
Organizations have also seen the number of security vulnerabilities, or unresolved findings, increase by 589 percent according to the report which analyzed more than 291 million assets, findings, and policies to establish the current state of enterprise cloud assets, including cloud and physical environments of devices, networks, apps, data, and users.
Cybersecurity burnout could lead to workers quitting
Cybersecurity teams are suffering from the economic squeeze with 63 percent of US security professionals having their department's budget cut in 2023 according to research from Pentest as a Service (PtaaS) company Cobalt.
Of those who encountered layoffs or budget cuts, almost all US (95 percent) and EMEA (84 percent) professionals say their role has changed. This has caused many in the US to feel burnt out (61 percent), more than those in EMEA (29 percent).
Multiple-threat ransomware attacks become more common
It used to be the case that all you had to worry about with ransomware was encrypted data, but the latest Cyberthreat Defense Report (CDR) from CyberEdge Group reveals that last year 78 percent of ransomware victims faced the consequences of one, two or three additional threats unless they paid the ransom.
Additional threats include launching distributed denial of service (DDoS) attacks (42 percent), notifying customers or the media of the data breach (42 percent), and publicly releasing exfiltrated data (40 percent).
Growing digital ecosystems, increasing cybersecurity risk, fragmented regulations and economic challenges emphasizes need for holistic API security
The challenges that the global business community has faced in the last few years have been unprecedented. A pandemic, inflation, an energy crisis, war, an economic downturn, and fragmented and delayed supply chains have all created issues for organizations and have left no industry, market, or region untouched.
Yet, despite these issues, our digital ecosystems and footprint grows ever bigger and increasingly complex. The global digital transformation market was worth $731.13 billion in 2022, and it is now expected to grow at a CAGR of 26.7 percent by 2030; driven in the main by businesses trying to gain competitive advantage. However, it is the size and intricacy of our digital world that makes cyber risks and threats both more present and more potent.
Browsing threats top list of CISO concerns
When asked to select the most significant cyber threats to their organizations, browsing Threats topped the list, with 43 percent of CISOs ranking it as a top concern.
A new report from RedAccess, based on responses from 300 chief information security officers across the US and UK, looks at the impact of hybrid working on security posture and the new threats that it introduces. Insecure browsing is ranked as the #1 hybrid/remote work security concern that puts organizations at the most risk.
BEC attacks rose 72 percent in 2022 with smaller businesses in the firing line
Business Email Compromise attacks increased dramatically last year with a 72 percent rise year-on-year over 2021.
The 2023 Email Security Threat Report from Armorblox shows high volumes of language-based and socially engineered attacks targeting organizations of all sizes and across industries.
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