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Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges

Thales Cloud Protection & Licensing

Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digital transformation. This article highlights the key findings of the report.

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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

In 2021/22, 61% of fraud incidents were cyber-related, as the Crime Survey for England and Wales (CSEW) reported. Organizations globally continue to endure staggering financial losses due to fraud, with an estimated 5% of annual revenues siphoned away by this pervasive threat. billion annually.

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Shifting Risk and Business Environment Demand creates a Shift in Security Strategies

Thales Cloud Protection & Licensing

The 2022 Thales Data Threat Report, based on data from a survey of almost 2,800 respondents from 17 countries across the globe, illustrates these trends and changes. Malware and accidental human error are the biggest security threats. The quantum computing threat. 2021 Report. 2022 Report.

Risk 126
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Data Privacy and Security: It Takes Two to Tango

Thales Cloud Protection & Licensing

This trend is demonstrated in the latest Thales Data Threat Report 2021 ; 55% of the survey respondents reported that more than 40% of their data now resides in a cloud platform. However, with technology innovation comes new risks, security challenges and threats. Todd Moore | VP, Encryption Products.

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The Future of Payments Security

Thales Cloud Protection & Licensing

Tue, 01/26/2021 - 09:17. Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Strong Customer Authentication (SCA). Table 1: Strong Customer Authentication Factors. signs of malware infection in any sessions of the authentication procedure. Online skimming.

Retail 144
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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

However, even after the Colonial Pipeline attack, less than half of businesses (48%) have a formal ransomware plan according to the 2022 Thales Data Threat Report. In addition, the report found that one in five businesses have paid or would pay a ransom to get their data. Encrypt sensitive data at rest, in motion and in use.

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Watch out, ransomware attack risk increases on holidays and weekends, FBI and CISA

Security Affairs

“Although FBI and CISA do not currently have any specific threat reporting indicating a cyberattack will occur over the upcoming Labor Day holiday, malicious cyber actors have launched serious ransomware attacks during other holidays and weekends in 2021.” Using multi-factor authentication.