What happens to funds once they have been stolen in a cyberattack?
SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the …
How COVID-19 affected remote work, customer engagements, and return to the office plans
Top-tier enterprises were 2.6 times as likely to have grown revenue, 2.5 times as likely to have reached profit goals and 2.1 times as likely to have high employee …
Global WAN optimization market to reach $4.88 billion by 2027
The global wide area network optimization market size is estimated to reach $4.88 billion by 2027, registering a CAGR of 9.5% from 2020 to 2027, according to Grand View …
Financial impact of cyber-physical system attacks expected to grow
Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024, according to Gartner. Due to the nature of …
The global cost of cybercrime per minute to reach $11.4 million by 2021
Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals. It will also have a per-minute global cost of $11.4 million by 2021, …
Worldwide AI spending to reach more than $110 billion in 2024
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to IDC, spending on AI …
How can companies avoid the risks of unexpected expenses related to cloud migration?
As companies shift to remote work and move business operations online because of the spread of COVID-19, they are increasingly relying on cloud services. Unexpected expenses …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …
Save-to-transform as a catalyst for embracing digital disruption
Organizations that invest in key capabilities today to navigate a post COVID-19 business environment can position themselves to thrive in the “next normal”, …
Pandemic accelerates investments in tech, automation, workplace transformation
Umpqua Bank released a survey gauging the impact of the COVID-19 pandemic on the confidence and future of U.S.-based small and mid-size businesses. More than 1,200 leaders at …
75% of cardholders prefer contactless cards to other payment methods
Based on responses from 1,000 U.S. cardholders who are familiar with contactless credit/debit card or “tap and pay” technology, a new Entrust Datacard survey reveals that 75% …
Emerging risk trends: Top risks to identify and address
Senior executives reported concerns around renewed outbreaks of the COVID-19 pandemic as their top emerging risk in the second quarter of 2020, according to Gartner. Gartner …