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But one of the most high-profile cyberattacks in 2024 was against Krispy Kreme. The shift to digital experiences and customer service in industries that were historically only brick-and-mortar underscores how rapid digitaltransformation expands the attack surface for cybercriminals.
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.
divya Fri, 10/11/2024 - 08:54 As user expectations for secure and seamless access continue to grow, the 2024 Thales Consumer Digital Trust Index (DTI) research revealed that 65% of users feel frustrated with frequent password resets. Passwordless Authentication without Secrets!
As we begin the New Year, it offers a chance for reflection on 2024 and to consider what we can do as security professionals and business leaders in 2025 that will keep us relevant and in the best position to counter cyber threats going forward.
Three Keys to Modernizing Data Security: DSPM, AI, and Encryption andrew.gertz@t Tue, 01/21/2025 - 14:56 Discover how DSPM, AI, and encryption are transforming data security strategies, reducing vulnerabilities, and improving compliance. A DSPM moves the needle with integrated capabilities and comprehensive encryption.
2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. The report also noted that the percentage of businesses experiencing breaches in the last year has dropped significantly, from 29% in 2021 to 14% in 2024.
Much of the industry still relies on legacy operational tech (OT) systems that lack modern security features such as automated patch management and encryption by default. In July 2024, Delta Air Lines experienced a catastrophic IT outage when a faulty software update from cybersecurity vendor CrowdStrike crashed approximately 8.5
Digitaltransformation: The integration of IoT, SCADA systems, and advanced analytics has increased operational efficiency but also expanded the attack surface. Hackers used compromised credentials to gain access to Colonial Pipeline's network, deploying ransomware that encrypted critical systems.
Solid Data Security: The Foundation of a Safe Digital World madhav Thu, 10/17/2024 - 04:58 It’s that time of year again. This year’s theme, “Secure Our World,” encourages people to safeguard the digital assets that are instrumental to their personal and professional lives. Oh, and it’s Cybersecurity Awareness Month. The result?
The hackers say that the dates of birth and social security numbers were originally encrypted but have since been decrypted and are now visible in plain text. The records are being linked to the same ones compromised by cybercriminals in a data breach that AT&T announced in July of 2024. million former account holders.
The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Access control methods, encryption, and secure storage solutions are important components. Why is secrets management crucial for financial services?
Fraud Awareness Week: How to Effectively Protect Your Data and Combat Fraudsters madhav Tue, 11/19/2024 - 05:28 International Fraud Awareness Week (November 17-23) is a critical time to consider the significant risks that fraud poses to individuals and organizations. Offers database encryption to protect against abuse by privileged users.
Thales Introduces Data Risk Intelligence, Bringing Organizations Risk Profile Front and Center madhav Tue, 12/03/2024 - 09:32 When Thales finalized the acquisition of Imperva in January 2024, our aim was clear: to empower organizations to protect data and secure all paths to it.
A Critical Guide to Securing Large Language Models glenn.hamilton… Thu, 11/07/2024 - 18:07 Securing large language models (LLMs) presents unique challenges due to their complexity, scale, and data interactions. It encrypts and protects data on that machine. What is CipherTrust Transparent Encryption? What are LLMs?
Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday josh.pearson@t… Tue, 11/26/2024 - 08:01 As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. With retail sales during 2024 set to grow to between $5.23 trillion and $5.28 trillion and $5.28
Schneider Electric is a multinational company that specializes in energy management, industrial automation, and digitaltransformation. The Cactus ransomware group claims responsibility for pilfering 1.5TB of data from the Energy management and industrial automation giant Schneider Electric.
billion in 2024 and is projected to reach $82.90 This surge is driven by a convergence of factorsfrom a spike in ransom ware attacks to the digitaltransformation of healthcarethat CISOs and healthcare executives must understand and act upon. billion by 2033 signals a nearly fourfold increase from 2024.
The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance. Then combine with deployment of classic encryption and tokenization.
The CISO: Guardian of Data while Navigating Risk Strategic Insights for the Boardroom and Shaping Future Business madhav Thu, 12/05/2024 - 06:03 CISOs have one of the most vital roles in organizations today. A 2024 Thales report found a high correlation between achieving regulatory compliance and minimizing data breaches.
Identity Revolution: Welcome to the Dynamic World of IAM 360 madhav Tue, 10/22/2024 - 05:02 It’s been quite the journey, but here it is—the first issue of IAM 360! For too long, Identity and Access Management (IAM) has played a background role—a fundamental but ‘invisible’ part of digitaltransformation. Passwordless workforce?
madhav Wed, 12/18/2024 - 05:24 As we step into 2025, the critical importance of application and API security has never been more evident. In 2024, APIs solidified their role as the backbone of digital innovation. Application and API Security in 2025: What Will the New Year Bring?
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.
A Critical Guide to Securing Large Language Models glenn.hamilton… Thu, 11/07/2024 - 18:07 Securing large language models (LLMs) presents unique challenges due to their complexity, scale, and data interactions. It encrypts and protects data on that machine. What is CipherTrust Transparent Encryption? What are LLMs?
Bot Attack Sophistication Trends In 2024, advanced and moderate bot attacks together made up more than half (55%) of all bot attacks. Bot operators are using sophisticated techniques to mimic human traffic and carry out nefarious activitieswhich is why this type of attack is more difficult to detect and mitigate.
Robust Encryption Strategies and Pseudonymization Robust encryption strategies and pseudonymization are crucial for protecting sensitive data and meeting data sovereignty requirements. Encryption ensures data is securely stored and transmitted, safeguarding it from unauthorized access or breaches.
63% cited future encryption compromise 61% said key distribution, and 58% are concerned about the future decryption of todays data, including the harvest now, decrypt later threat. NIST released a transition guide in 2024. 48% of the respondents said they are assessing their current encryption strategies.
billion by 2024, up from $12.01 DigitalTransformation. MSS/PSS providers must take advantage of digitaltransformation initiatives by observing clients’ current situations and being trusted advisors through consulting and value-added services to help them embrace digitalization […]. MSSPs in 2022.
Fraud Awareness Week: How to Effectively Protect Your Data and Combat Fraudsters madhav Tue, 11/19/2024 - 05:28 International Fraud Awareness Week (November 17-23) is a critical time to consider the significant risks that fraud poses to individuals and organizations. Offers database encryption to protect against abuse by privileged users.
Thales Prioritizes Trust: Named Overall Leader in 2024 KuppingerCole CIAM Leadership Compass josh.pearson@t… Thu, 07/18/2024 - 07:00 Learn why Thales' OneWelcome Identity Platform has been named the Overall Leader in the 2024 KuppingerCole CIAM Leadership Compass, highlighting its strengths in security, usability, and regulatory compliance.
Robust Encryption Strategies and Pseudonymization Robust encryption strategies and pseudonymization are crucial for protecting sensitive data and meeting data sovereignty requirements. Encryption ensures data is securely stored and transmitted, safeguarding it from unauthorized access or breaches.
Its operations, reputation, and digital sovereignty had all been compromised. The Thales 2025 Data Threat Report cited “In 2024, a large national healthcare provider was the victim of ransomware, resulting in the theft of medical, billing, and personal records of a substantial proportion of the American population.
According to Thaless 2024 Data Threat Report, 93% of Enterprises reported a rise in threats, and phishing was identified as one of the three fastest-growing attack types, chosen by 36% of respondents.
According to the 2024 Thales Data Threat Report report, 61% cited secrets management as a top DevOps challenge. This lack of visibility leads to secrets sprawl, significantly increasing the risk of unauthorized access and data breaches.
Cybersecurity Awareness Month 2024: The Top Four Ways to Secure Our World madhav Tue, 10/01/2024 - 06:44 Cybersecurity Awareness Month is an international initiative that focuses on simple ways to protect ourselves, our families, and our businesses from online threats. In addition, there’s great business value behind adopting MFA.
Cloud Native Security for the Large Enterprise DigitalTransformation Journey: Thales collaborates with Red Hat and Oracle Cloud Infrastructure to make secure cloud-native possible madhav Thu, 11/21/2024 - 17:37 Earlier this year , Oracle and Red Hat announced that Red Hat OpenShift is certified and supported on Oracle Cloud Infrastructure (OCI).
The Thales 2024 Data Security Directions Council Report: Digital Sovereignty: Is Your Data Truly Yours? madhav Tue, 11/12/2024 - 06:31 Digital sovereignty has emerged as topic of significant interest by both businesses and governments. However, the path to effective encryption is not without challenges.
Three Keys to Modernizing Data Security: DSPM, AI, and Encryption andrew.gertz@t Tue, 01/21/2025 - 14:56 Organizations worldwide face a perfect storm of increasing and ever-evolving cyber threats. In 2024 alone, cumulative fines from the General Data Protection Regulation (GDPR) reached almost 5 billion euros, as exhibited in Figure 1.
15, 2024, and Android 14 was released on Oct. Also: 'End of 10' offers hope and support to Windows 10 users who can't upgrade their PCs This is the earliest Google has launched a major Android release in a while (for comparison, Android 15 was released on Oct.
SafeNet Trusted Access and Versasec Credential Management System Previously, highly regulated sectors relied on Public Key Infrastructure (PKI) for certificate-based authentication, qualified digital signatures, and secure file encryption.
Thales and Imperva Win Big in 2024 madhav Fri, 12/13/2024 - 08:36 At Thales and Imperva, we are driven by our commitment to make the world safer, and nothing brings us more satisfaction than protecting our customers from daily cybersecurity threats. The year 2024 brought us remarkable achievements.
Solid Data Security: The Foundation of a Safe Digital World madhav Thu, 10/17/2024 - 04:58 It’s that time of year again. This year’s theme, “Secure Our World,” encourages people to safeguard the digital assets that are instrumental to their personal and professional lives. Oh, and it’s Cybersecurity Awareness Month. The result?
SASE (pronounced sassy) replaces the site-centric, point-solution approach to security with a user-centric model that holds the potential to profoundly reinforce digitaltransformation. It’s called Secure Access Service Edge, or SASE , as coined by research firm Gartner.
Cybersecurity Awareness Month 2024: The Top Four Ways to Secure Our World madhav Tue, 10/01/2024 - 06:44 Cybersecurity Awareness Month is an international initiative that focuses on simple ways to protect ourselves, our families, and our businesses from online threats. In addition, there’s great business value behind adopting MFA.
Thales and Imperva Win Big in 2024 madhav Fri, 12/13/2024 - 09:36 At Thales and Imperva, we are driven by our commitment to make the world safer, and nothing brings us more satisfaction than protecting our customers from daily cybersecurity threats. The year 2024 brought us remarkable achievements.
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