Businesses waste $17 million a year on unused SaaS apps
A new report from enterprise SaaS management firm Zylo finds that on average, 44 percent of businesses' SaaS licenses are wasted or underutilized, and the average organization wastes $17M in unused SaaS licenses every year.
Enterprise organizations (those with 10,000 employees or more) spend over $224M annually on SaaS but only utilize 50 percent of their SaaS licenses
62 percent of organizations suffer unplanned downtime every month
Over half of organizations say they have suffered a data breach in the past two years, an increase from 49 percent in 2022 and 39 percent in 2021.
In addition, a new report from Splunk shows 62 percent of respondents report that their business-critical applications have suffered from unplanned downtime due to a cybersecurity incident on at least a monthly basis, an increase from 54 percent in 2022.
32 percent of remote workers use unapproved apps and software
Remote working poses a number of risks from an IT security point of view. A new report from Lookout finds that 32 percent of remote and hybrid workers use apps or software not approved by IT and 92 percent of remote employees perform work tasks on their personal tablet or smartphone devices.
Remote workers are also less likely to follow best practices for security. 90 percent access corporate networks from areas other than their home, with an average of five different locations -- introducing security risks as company data could be exposed across multiple networks not monitored by IT. 45 percent use the same password for work and personal accounts too.
Beyond the smoke and mirrors of zero trust security [Q&A]
Enterprises are faced with a barrage of new threats and entry points and as a result need to deploy, scale, enforce and maintain zero trust security policies to keep pace.
Access control needs to be at the core of any successful zero trust model but this too presents challenges. We spoke to Denny LeCompte, CEO of Portnox, to discover how organizations can overcome zero trust barriers.
75 percent of SaaS applications pose a risk to enterprises
The past few years have seen massive growth in the number of SaaS applications used by enterprises, but new research from Spin AI shows that 75 percent of SaaS applications pose a high or medium risk to data stored in either Google Workspace or Microsoft 365.
On average, 35 percent of apps with OAuth permissions to Google Workspace or Microsoft 365 are classified as high risk. For large organizations (with more than 2,000 employees) 56.91 percent of apps pose a high risk.
Data management gets more complex as IT infrastructure diversifies
IT infrastructure is increasingly diverse, with organizations struggling to integrate data management and control.
The latest Enterprise Cloud Index from Nutanix shows the majority of IT teams (60 percent) use more than one IT infrastructure -- a trend that's expected to intensify in the future -- but struggle with visibility of data across environments.
20 percent of endpoints have legacy security vulnerabilities
According to a new report, at least 20 percent of enterprise endpoints remain unpatched after the remediation is completed, meaning that a fifth of machines still have a significant number of legacy vulnerabilities that could be exploited at any time.
The study of over 800 IT professionals from Action1 Corporation finds 10 percent of organizations suffered a breach over the past 12 months, with 47 percent of breaches resulting from known security vulnerabilities.
Google Cloud integrates with Shopify to combat search abandonment
As we reported recently, delivering relevant search results on websites can be hard to achieve and for retailers this can lead to searches being abandoned and sales lost.
To address this issue, Google Cloud is announcing a new integration with eCommerce platform Shopify to allow sites to deploy advanced search and browse experiences using Google Cloud.
New solution helps enterprises manage cloud assets
As organizations turn increasingly to the cloud they face the challenge of understanding not just the cost but also the value of their operation.
To help organizations maximize business value from their technology investments, Flexera is launching a new solution that strengthens an enterprise's FinOps and cloud central teams, while allowing the convergence of IT asset management (ITAM) and FinOps.
Dark web intelligence is critical to defending the enterprise
A new survey of over a thousand CISOs from large enterprises in the US and UK, finds that 93 percent are concerned about dark web threats and 72 percent believe that intelligence on cybercriminals is critical to defending their organization.
The report from Searchlight Cyber looks at how CISOs are gathering data from the dark web to improve their security posture.
The role of service mesh in application security [Q&A]
As organizations embrace cloud-native development, they are building new types of applications and microservices that are easier to scale and add more business value.
But the growing adoption of microservices has introduced new security risks because microservices and modern applications contain more 'pieces' that increase the attack surface.
Canonical and NVIDIA work to make AI more accessible in the enterprise
In 2018, OpenAI reported that the amount of computing power used in large-scale AI training runs had been doubled every 3.4 months since 2012. Around the same time, the volume of data generated also increased dramatically.
This means traditional, general-purpose enterprise infrastructure can't deliver the required computing power, nor can it support the petabytes of data required to train accurate AI models at this scale. Instead, enterprises need dedicated hardware designed for AI workloads.
Only 15 percent of companies are ready for cyber threats
Just 15 percent of organizations globally have the 'Mature' level of readiness needed to be resilient against today's modern cybersecurity risks, according to Cisco's first-ever Cybersecurity Readiness Index.
More than half (55 percent) of companies globally fall into the Beginner (eight percent) or Formative (47 percent) stages, meaning they are performing below average on cybersecurity readiness.
ForgeRock launches password-free enterprise identity platform
People have been predicting the end of the password for a very long time, yet they still remain key to securing access to many systems.
Maybe the end is edging just a bit closer though as ForgeRock announces Enterprise Connect Passwordless, a new passwordless authentication solution that eliminates the need for users to interact with passwords inside large organizations.
Why a bigger budget isn't necessarily the key to good cybersecurity [Q&A]
Cyberattacks are expected to reach historic levels this year, in both volume and sophistication, yet many organizations are reducing their 2023 cybersecurity budgets.
We spoke to Steve Benton, VP of threat research at intelligence-driven cybersecurity specialist Anomali, to discover how a different approach might offer strong protection without breaking the bank.
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