Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. Use of encryption to protect sensitive data and multi-factor authentication to protect credential compromise are standard prevention best practices.

Financial Services 105

Financial Services Encryption Cybercrime Threat Reports 105

eSecurity Planet

MAY 2, 2024

Most organizations express confidence in their current status and budgets, but also expect to experience at least one data breach in 2024. Compromised Credentials Compromised identities from phishing, info stealers, keyloggers, and bad password habits provide the entry point for most ransomware attacks and data breaches.

Cybersecurity 122

Cybersecurity DDOS Penetration Testing Passwords 122

Spinone

DECEMBER 16, 2020

Data Breach Statistics Experiencing a data breach leads companies to many undesirable consequences—financial and reputational damages, disruption of business continuity, compliance violations, and others. The average cost of a data breach is $3.86

Cybersecurity 52

Cybersecurity Data breaches Phishing Cyber threats 52

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

According to a recent market study 1 , 71% of individuals surveyed said double and triple extortion tactics have grown in popularity over the last 12 months, and 65% agree that these new threats make it tougher to refuse ransom demands. This brings me to the question of how organizations find the sensitive data in the first place.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

Jane Frankland

APRIL 28, 2022

Executive stakeholders are being prepared for average data breach costs, which according to IBM now reside at just over $4.24 And, if the organisation is listed on the NASDAQ, this worsens after a breach becomes public. Awareness training is also vital, because over 95% of security breaches originate from user error.

CISO 130

CISO Mobile Technology Risk 130

Thales Cloud Protection & Licensing

AUGUST 2, 2023

Single Pane of Glass, Single Vendor According to the Thales 2023 Data Threat Report , 93% of organizations use four or more key management solutions (includes enterprise key manager vendors and cloud provider key managers). 99% of data breaches occur because of human error.

Encryption 62

Encryption Digital transformation Cybercrime Government 62

Security Boulevard

APRIL 25, 2025

Following each blog post or threat report weve published, I kept coming back to the same question: Why are so many organizations struggling to remediate vulnerabilities in a timely manner? This trend was highlighted as part of a collaboration with Verizon on the 2025 Data Breach Investigations Report (DBIR).

Risk 52

Risk Backups Data breaches Software 52

Security Boulevard

MARCH 31, 2021

implement offline storage and tape-based backup. FBI Internet Crime Report 2020: Cybercrime Skyrocketed, with Email Compromise Accounting for 43% of Losses. 2021 Palo Alto Networks Unit 42 Ransomware Threat Report: 2020 was a Golden Year for Ransomware Gangs. conduct employee phishing tests. conduct penetration testing.

Energy and Utilities 122

Energy and Utilities Ransomware Hacking Banking 122

SecureWorld News

DECEMBER 27, 2024

Since the human element remains the most 'hackable' security control, these attacks will likely lead to even more data breaches and/or compromise of control systems. This haste could lead to significant data breaches and security missteps. While resistance is important, recovery is paramount.

Cybersecurity 123

Cybersecurity Education Risk Government 123

Webroot

FEBRUARY 11, 2021

Cybercriminals have always been opportunistic, taking advantage of all possible avenues that disrupt businesses, steal data, trick end users, and more to turn a profit. Once the criminals have domain credentials, they can disable security and/or tamper with backups. Classify your data. This is part of knowing your data.

Backups 111

Backups Ransomware Encryption Malware 111