Data Protection November 5, 2024

Skills shortage directly tied to financial loss in data breaches

2 min read - The cybersecurity skills gap continues to widen, with serious consequences for organizations worldwide. According to IBM’s 2024 Cost Of A Data Breach Report, more than half of breached organizations now face severe security staffing shortages, a whopping 26.2% increase from the…

Risk Management October 25, 2024

Addressing growing concerns about cybersecurity in manufacturing

4 min read - Manufacturing has become increasingly reliant on modern technology, including industrial control systems (ICS), Internet of Things (IoT) devices and operational technology (OT). While these innovations boost productivity and streamline operations, they’ve vastly expanded the cyberattack surface. According to the 2024…

Data Protection October 17, 2024

The cybersecurity skills gap contributed to a $1.76 million increase in average breach costs

4 min read - Understaffing in cybersecurity — the “skills gap” — is driving up the cost of data breaches in recent years, according to a decade of reports by IBM. The 2024 IBM Data Breach Report found that more than half of breached…

Artificial Intelligence October 8, 2024

Is AI saving jobs… or taking them?

4 min read - Artificial intelligence (AI) is coming to take your cybersecurity job. Or, AI will save your job. Well, which is it? As with all things security-related, AI-related and employment-related, it’s complicated. How AI creates jobs A major reason it’s complicated is…

Risk Management September 3, 2024

Cost of a data breach: Cost savings with law enforcement involvement

3 min read - For those working in the information security and cybersecurity industries, the technical impacts of a data breach are generally understood. But for those outside of these technical functions, such as executives, operators and business support functions, “explaining” the real impact…

Artificial Intelligence August 29, 2024

How to embrace Secure by Design principles while adopting AI

5 min read - The rapid rise of generative artificial intelligence (gen AI) technologies has ushered in a transformative era for industries worldwide. Over the past 18 months, enterprises have increasingly integrated gen AI into their operations, leveraging its potential to innovate and streamline…

Data Protection August 27, 2024

Cost of data breaches: The business case for security AI and automation

3 min read - As Yogi Berra said, “It’s déjà vu all over again.” If the idea of the global average costs of data breaches rising year over year feels like more of the same, that’s because it is. Data protection solutions get better,…

Data Protection August 20, 2024

Cost of a data breach: The industrial sector

2 min read - Industrial organizations recently received a report card on their performance regarding data breach costs. And there’s plenty of room for improvement. According to the 2024 IBM Cost of a Data Breach (CODB) report, the average total cost of a data…

Data Protection August 13, 2024

Cost of a data breach 2024: Financial industry

3 min read - According to the IBM Cost of a Data Breach 2024 report, the average global breach cost has reached $4.88 million — a significant increase over last year’s $4.45 million and the biggest jump since the pandemic. For financial industry enterprises,…

Data Protection August 6, 2024

Cost of a data breach: The healthcare industry

3 min read - Cyberattacks grow every year in sophistication and frequency, and the cost of data breaches continues to rise with them. A new report by IBM and the Ponemon Institute, the 2024 Cost of Data Breach Study, details the financial impacts of…