data breach

SMEs overestimate their cybersecurity preparedness
57% of SMEs have fallen victim to at least one cybersecurity breach, among whom 31% reported that their business experienced a breach within the past 12 months alone, …

Balancing budget and system security: Approaches to risk tolerance
Data breaches are a dime a dozen. Although it’s easy to look at that statement negatively, the positive viewpoint is that, as a result, cybersecurity professionals have plenty …

Organizations are racing against time to meet the PCI DSS 4.0 deadline
Payment data security concerns remain widespread as organizations undertake significant lift to meet the PCI DSS 4.0 deadline, according to Bluefin. 94% of survey respondents …

When data falls into the wrong hands
A data breach involves unauthorized access to sensitive, protected, or confidential information, often resulting in data theft, exposure, or alteration. The methods employed …

The critical role of authorization in safeguarding financial institutions
According to a recent Cost of Data Breach report, the financial industry has the second highest average cost for a data breach, making the value well worth financial …

Companies need to rethink how they implement identity security
More than 80% of organizations have experienced an identity-related breach that involved the use of compromised credentials, half of which happened in the past 12 months, …

Elevating API security to reinforce cyber defense
While APIs are essential to many operations and used extensively, a lack of prioritization and understanding is leading us towards a growing API security crisis, according to …

3 ways to strike the right balance with generative AI
To find the sweet spot where innovation doesn’t mean sacrificing your security posture, organizations should consider the following three best practices when leveraging AI. …

Avoidable digital certificate issues fuel data breaches
Among organizations that have suffered data breaches 58% were caused by issues related to digital certificates, according to a report by AppViewX and Forrester Consulting. As …

LockBit leaks sensitive data from maximum security fence manufacturer
The LockBit ransomware group has breached Zaun, a UK-based manufacturer of fencing systems for military sites and critical utilities, by compromising a legacy computer running …

Kroll SIM-swap attack: FTX, BlockFi and Genesis clients’ info exposed
Financial and risk advisory firm Kroll has suffered a SIM-swapping attack that allowed a threat actor to access files containing personal information of clients of bankrupt …

Cybersecurity insurance is missing the risk
Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with …