Data Protection - Security Intelligence

SpyAgent malware targets crypto wallets by stealing screenshots

4 min read - A new Android malware strain known as SpyAgent is making the rounds — and stealing screenshots as it goes. Using optical character recognition (OCR) technology, the malware is after cryptocurrency recovery phrases often stored in screenshots on user devices. Here’s…

November 7, 2024

Exploring DORA: How to manage ICT incidents and minimize cyber threat risks

3 min read - As cybersecurity breaches continue to rise globally, institutions handling sensitive information are particularly vulnerable. In 2024, the average cost of a data breach in the financial sector reached $6.08 million, making it the second hardest hit after healthcare, according to…

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…

October 29, 2024

Why safeguarding sensitive data is so crucial

4 min read - A data breach at virtual medical provider Confidant Health lays bare the vast difference between personally identifiable information (PII) on the one hand and sensitive data on the other. The story began when security researcher Jeremiah Fowler discovered an unsecured…

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…

3 proven use cases for AI in preventative cybersecurity

3 min read - IBM’s Cost of a Data Breach Report 2024 highlights a ground-breaking finding: The application of AI-powered automation in prevention has saved organizations an average of $2.2 million.Enterprises have been using AI for years in detection, investigation and response. However, as attack surfaces expand, security leaders must adopt a more proactive stance.Here are three ways how AI is helping to make that possible:1. Attack surface management: Proactive defense with AIIncreased complexity and interconnectedness are a growing headache for security teams, and…

What NIST’s post-quantum cryptography standards mean for data security

2 min read - Data security is the cornerstone of every business operation. Today, the security of sensitive data and communication depends on traditional cryptography methods, such as the RSA algorithm. While such algorithms secure against today’s threats, organizations must continue to look forward and begin to prepare against upcoming risk factors.The National Institute of Standards and Technology (NIST) published its first set of post-quantum cryptography (PQC) standards. This landmark announcement is an important marker in the modern cybersecurity landscape, cementing the indeterminate future…

Best practices on securing your AI deployment

4 min read - As organizations embrace generative AI, there are a host of benefits that they are expecting from these projects—from efficiency and productivity gains to improved speed of business to more innovation in products and services. However, one factor that forms a critical part of this AI innovation is trust. Trustworthy AI relies on understanding how the AI works and how it makes decisions.According to a survey of C-suite executives from the IBM Institute for Business Value, 82% of respondents say secure and…

What’s behind the 51% drop in ransomware attacks?

4 min read - In a world where cyber threats feel omnipresent, a recent report has revealed some unexpected good news: ransomware attacks on state and local governments have dropped by 51% in 2024. Still, this decline does not signal the end of the ransomware threat, nor should it lead to complacency. As the nature of ransomware evolves, so do its consequences, costs and implications for enterprises and critical infrastructure.What’s behind the drop in ransomware attacks? And what does it mean for the future…

What’s behind the 51% drop in ransomware attacks?

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…

How governance, risk and compliance (GRC) addresses growing data liability concerns

4 min read - In an era where businesses increasingly rely on artificial intelligence (AI) and advanced data capabilities, the effectiveness of IT services is more critical than ever. Yet despite the advancements in technology, business leaders are increasingly dissatisfied with their IT departments.…

Access control is going mobile — Is this the way forward?

2 min read - Last year, the highest volume of cyberattacks (30%) started in the same way: a cyber criminal using valid credentials to gain access. Even more concerning, the X-Force Threat Intelligence Index 2024 found that this method of attack increased by 71%…

Security Intelligence

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Topics

SpyAgent malware targets crypto wallets by stealing screenshots

Exploring DORA: How to manage ICT incidents and minimize cyber threat risks

Skills shortage directly tied to financial loss in data breaches

Why safeguarding sensitive data is so crucial

Addressing growing concerns about cybersecurity in manufacturing

3 proven use cases for AI in preventative cybersecurity

What NIST’s post-quantum cryptography standards mean for data security

Best practices on securing your AI deployment

What’s behind the 51% drop in ransomware attacks?

What’s behind the 51% drop in ransomware attacks?

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

How governance, risk and compliance (GRC) addresses growing data liability concerns

Access control is going mobile — Is this the way forward?

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