Written By Shane Schick

Failure to Comply With Data Protection Regulations Can Cost Firms Nearly $15 Million

A recent report revealed that the cost of noncompliance is 2.71 times higher than the cost of aligning with data protection regulations.

New Cybercrime Statistics: 1 Billion Bots Involved in 210 Million Fraud Attempts in Q1

According to the latest cybercrime statistics, more than 210 million attempted fraud attacks occurred during the first quarter of this year, representing a 62 percent increase from 2017. In its “Q1 2018 Cybercrime Report,” ThreatMetrix...

Two-Thirds of IT Professionals Believe Their Endpoint Security Tools Won’t Prevent a Major Malware Attack

According to a recent survey, two-thirds of security professionals believe their endpoint security tools are insufficient to protect their organizations from malware.

The Average Cost of an Insider Threat Hits $8.7 Million

The mean cost of an insider threat is $8.7 million, according to a recent global study, and data breaches involving negligent employees or contractors can cost organizations as much as $26 million.

Cybercrime Profits Soar to $1.5 Trillion

According to a recent study, malicious actors and threat groups are generating, spending and reinvesting $1.5 trillion worth of cybercrime profits.

Cybersecurity and the Interconnectedness of Infrastructure Tops List of Emerging Risks

According to a recent survey, actuaries placed cybersecurity and the interconnectedness of infrastructure at the top of the list of emerging risks for the fourth year in a row.

Cryptojacking Emerges as a Major Threat to UK Businesses in 2018

A new report named cryptojacking as one of the six most significant threats facing U.K. businesses in 2018.

UK Businesses Hit With 600 Cyberattacks a Day in Q1

U.K. business experienced 600 cyberattacks a day between January and March of this year, according to recent cyberthreat statistics.

Twenty-Seven Percent of Employees Fail Social Engineering Test, Suggesting Need for Better Cybersecurity Training

According to a recent study, 27 percent of employees failed to respond appropriately to a simulated phishing exercise, underscoring the need for better cybersecurity training.

Just 1 Percent of Companies Feel Ready to Fend Off Media Security Threats, Survey Reveals

According to a recent study, just 1 percent of U.S. media companies reported high levels of confidence in their ability to withstand a variety of media security attacks.