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According to our 2018 Global Data ThreatReport , 67% of enterprises have been breached, with that percentage rate growing every year. As organizations continue to embrace digitaltransformation, greater amounts of sensitive data is created, stored and transferred in digital form putting more data at risk.
2024 Thales Global Data ThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.
Around this time each year, Thales eSecurity releases our annual Data ThreatReport (DTR). Now in its sixth year, the report is squarely focused on digitaltransformation and what that means for organizations and their data security. Please visit our website to learn more about our 2019 Data ThreatReport.
This past month, CEOs, elected leaders and academics from around the globe gathered at the World Economic Forum (WEF) in Davos, Switzerland, to discuss the world’s most pressing problems including technological change, global trade, education, sustainability, and gender equality. The report states that the careers of 1.4
With more and more organizations embracing digitaltransformation and accelerating their pace to digitize every piece of information, they become increasingly vulnerable to sophisticated cyber-attacks and data breaches. With the global spend on digitaltransformation slated to reach a whopping $2.3
2020 marks the launch of the Thales Data ThreatReport-Global Edition for the seventh consecutive year. This year the report focuses on the post digitaltransformation era. The 2020 Thales Data ThreatReport-Global Edition indicates that we have reached a tipping point.
This underpins the digitaltransformation imperative most of them face today, and the huge responsibility that rests on the shoulders of the CIO. The vast majority (84%) of enterprises are now using, or planning to use, digitallytransformativetechnologies – such as big data, containers, blockchain and the Internet of Things (IoT).
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformativetechnologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT).
Managed security services (MSS) refer to a service model that enable the monitoring and managing of security technologies, systems, or even software-as-a-service (SaaS) products. Whether you prioritize cybersecurity or not, cybercriminals will always prioritize (their own) profit, as the attacks described in our 2021 ThreatReport prove.
Digitaltransformation is changing the face of the modern data-driven enterprise. The 2019 Thales Data ThreatReport-Global Edition found that 97% of organizations surveyed are implementing digitaltransformation with 37% reporting aggressive transformation.
Thales 2023 Data ThreatReport: 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 digitaltransformation. This article highlights the key findings of the report.
However, in an attempt to be “better” many organizations have leaned heavily on emerging technologies such as cloud, blockchain and IoT – aka digitaltransformation. However, as digitaltransformation proves “better” for many aspects, it isn’t proving to be better for security.
The Fast Identity Online (FIDO) standard stands out as a robust solution that helps businesses implement authentication mechanisms that eliminate dependence on passwords and help mitigate phishing risks. FIDO-based solutions help firms meet compliance requirements while limiting the risk of data breaches.
The digitaltransformation conundrum. We are watching the Fourth Industrial Revolution unfold: a sweeping, global shift that will mean “going digital” is no longer optional. Businesses will be technology-enabled, connected and mobile, like never before. If not, what’s holding us back?
Digitaltransformation is driving IT modernization, IoT, and cloud migrations at a record pace in the federal government. The ability to narrow the gap between taking advantage of digitaltransformation without compromising security was a reoccurring theme at our 2019 annual Data Security Summit on May 1. are discovered.
As false predictions of digitaltransformation fade into the past, we are hurtling into a new era of business. Upwards of 84% of enterprises are using, or planning to use, digitallytransformativetechnologies such as cloud, big data, containers, blockchain and the Internet of Things (IoT).
Key Takeaways from the Thales Data ThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
Key Takeaways from the Thales Data ThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
One of the top findings from the 2018 Thales Data ThreatReport, Financial Services Edition was that data breaches in U.S. IT security pros in financial services organizations reporting that their organization already had a data breach – but breaches are increasing at alarming rates. Does your organization need some of that?
healthcare organizations are nearly universal in the adoption of digitaltransformationtechnologies (cloud, SaaS applications, big data, IoT, digital payments, containers, and blockchain). This year’s Thales Data ThreatReport-Healthcare Edition shows that cloud usage in the U.S. 12 at 2:00 p.m.
What was once protected behind secure walls is now out in the wild, widening the attack surface and opening up new risks. Organizations are quickly embracing technologies like passwordless logins and biometric authentication, making it simpler than ever to access accounts. Its not just personal and corporate identities.
The 1,200 data security professionals worldwide who were surveyed for the 2019 Thales Data ThreatReport-Global Edition tell us that protecting sensitive data in the cloud is becoming increasingly complex. But safe migration to the cloud requires that the process be secure, compliant and easy to implement.
As the retail industry follows suit with today’s digitaltransformation, customer expectations are at an all-time high. They might at first glance, but retailers are now exposing themselves to a whole host of security risks as these connected shopping technologies evolve. The numbers don’t lie.
As one of our recent blogs discussed, we are entering a new era of business – one that will see wholesale digitaltransformation drive a digital-first approach by businesses globally. European businesses are increasingly at risk of cyberattacks if security attitudes don’t change. Overconfidence and the skills gap.
However, this shopping ease and bliss also unintentionally opens up some risks that could be avoided. Competition is one of many challenges retailers face and while that’s nothing new, the data-driven approach online and brick-and-mortar merchants use today is evolving quickly with transformativetechnology capabilities.
Competition and strong demand for digitallytransformativetechnologies thrusts IT and data security professionals into a race to meet the demands of today ? Insider threats are real. Take potential threats very seriously. Everyone is vulnerable.
Nowadays, organisations need digital leaders such as CIOs, CISOs, and CTOs who are strategists, visionaries, and know how to manage, effectively. The pressure for those in charge is immense as cyber risks have scaled, and can now bring businesses, economies, and communities to a halt. The digital skills gap comes at a cost.
Healthcare’s IT evolution has brought numerous security challenges including regulations, the use of digitallytransformativetechnologies that have created huge amounts of data to store and protect, and the extraordinary value of electronic personal health information (ePHI) to cybercriminals. Almost all (96%) of U.S.
As digitaltransformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. Lines are now blurred between physical and digital experiences. The report shows that 95 percent of U.S.
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. million in FY23.
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data ThreatReport-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data ThreatReport-Financial Services Edition and tips for overcoming them.
Gartner defines digitalrisk management as “the integrated management of risks associated with digital business components, such as cloud, mobile, social, big data, third-party technology providers, OT and the IoT.” The Threat Level Is Rising. As Technology Evolves New Vulnerabilities Arise.
The problem of the increasing threat landscape is equally reflected in the 2022 Thales Data ThreatReport. As more companies move along the path toward digitaltransformation, the need for better security has never been more evident. A zero-trust framework is vital to any cloud migration path.
Today, organizations are rapidly adopting cloud technology. According to Data ThreatReport for 2018 , the majority of businesses don’t just operate in one cloud environment in a single location, but multiple. But with widespread enterprise adoption of cloud technologies, come very real data security risks.
The increased reliance on decentralized connection and the continued rapid expansion of digitaltransformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. Threats abound in 2021.
Unfortunately, with every possibility a new security risk appears, and as a CISO you are well-aware of the implications. Thoroughly vet all vendors from the HVAC supplier to the network provider in order to minimize threats. and other countries coming on soon), being out of compliance becomes a huge and costly risk.
businesses are taking advantage of digitaltechnologies like cloud, mobile, and IoT to digitallytransform their operations. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Increased contactless and mobile payments introduce bigger risks.
Why organizations need to prioritize a PQC-readiness lab madhav Tue, 02/13/2024 - 05:25 It’s an exciting time for technology – we are on the cusp of seeing some innovative and disruptive new technologies emerge that will have impacts on every industry and sector around the globe.
When companies attempt digitaltransformations, the rush to implement new technology sometimes overshadows full consideration of risk. For example, in our annual Data ThreatReport we found that 97% of respondents are storing sensitive data in digitallytransformative environments, but only 30% are deploying encryption.
This year, we’ve written about what the future holds in terms digitaltransformations and new and exciting technologies. While we have an appreciation for the risks enterprises face overall, security concerns are crucial for all. Be over zealous – it might not be your privacy at risk but it could be someone else’s.
Cloud technology has significantly transformed the retail industry, addressing various business needs such as reducing infrastructure costs, and managing resources. Cloud services offer security mechanisms to protect against cyber threats, however, data security challenges in the cloud remain relevant and require special attention.
Digitaltransformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. But DX also introduces the potential to put sensitive customer and corporate data at risk by fundamentally changing where data needs to be protected and how it needs to be secured.
The Fast Identity Online (FIDO) standard stands out as a robust solution that helps businesses implement authentication mechanisms that eliminate dependence on passwords and help mitigate phishing risks. FIDO-based solutions help firms meet compliance requirements while limiting the risk of data breaches.
As organizations adopt new security tools such as CASB and container security, both of which generate valuable detection data, and as digitaltransformation introduces even more technology, security operations will only become more complex, exacerbating these issues. and the status (experimental, stable, retired, etc.).
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