Category Archives: survey

Security priorities are shifting in response to increased cybersecurity complexity

The increased complexity of the IT environment, combined with increasingly sophisticated attacks and a rapidly evolving threat landscape, is causing organizations to invest more money in cybersecurity and start to focus on the impact of cyber threats and cybersecurity from a business perspective, according to a research report conducted by Enterprise Strategy Group (ESG). Reasons why cybersecurity has become more difficult One of the report’s key findings is that in many organizations (96 percent), the … More

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Security data reveals worldwide malicious login attempts are on the rise

According to the Akamai 2018 State of the Internet / Security Credential Stuffing Attacks report, worldwide malicious login attempts are on the rise. Akamai detected approximately 3.2 billion malicious logins per month from January through April 2018, and over 8.3 billion malicious login attempts from bots in May and June 2018 – a monthly average increase of 30 percent. In total, from the beginning of November 2017 through the end of June 2018, researcher analysis … More

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Why voice fraud rates continue to rise with no signs of slowing down

Pindrop released its annual report detailing developments in fraud, the future of voice and the impact to customer service across various industries. In the report, Pindrop reveals the rate of voice fraud climbed over 350 percent from 2013 through 2017, with no signs of slowing down. Additionally, between 2016 and 2017, overall voice channel fraud increased by 47 percent, or one in every 638 calls. The year-over-year increase can be attributed to several causes, including … More

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Better security needed to harness the positive potential of AI, mitigate risks of attacks

Despite heightened interest in enterprise deployment of artificial intelligence, only 40 percent of respondents to ISACA’s second annual Digital Transformation Barometer express confidence that their organizations can accurately assess the security of systems based on AI and machine learning. This becomes especially striking given the potential for serious consequences from maliciously trained AI; survey respondents identify social engineering, manipulated media content and data poisoning as the types of malicious AI attacks that pose the greatest … More

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83% of SMB owners have no cash put aside to deal with the fallout from a cyber attack

Small businesses are leaving themselves exposed to significant financial risk from cybercrime by not having adequate measures in place to recover in the event of a cyber attack. That’s according to the findings of InsuranceBee’s Cyber Survey, which asked more than 1,000 SMBs how prepared they are to deal with cybercrime. Although the average cost for small and medium-sized businesses to recover from a cyber attack is estimated to be $120,000, 83% of SMBs do … More

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Regtech to account for 40% of global compliance spend by 2023

A new study from Juniper Research has found that spending on Regtech platforms will exceed $115 billion by 2023, up from an estimated $18 billion in 2018. The research found increased regulatory pressures, as demonstrated by the recent GDPR implementation, are driving businesses towards Regtech to meet greater compliance challenges. According to the research, any heavily regulated business sector not prioritising Regtech adoption would risk damaging fines from failing to keep pace with regulatory changes. … More

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Insurance experts expect higher cyber-related losses

Insurance companies are expecting increased cyber-related losses across all business lines over the next 12-months, driven by increasing reliance on technology and high-profile cyber-attacks, according to Willis Towers Watson. The survey reveals that over 60% of respondents estimate it is likely to incur more than one cyber related loss for every hundred non-cyber covered losses over the next 12 months in all lines of business apart from workers compensation compared to less than 50% in … More

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Awareness and tendency towards risky online behavior

​Spanning Cloud Apps announced the results of a survey of over 400 full-time U.S. employees on their awareness of and tendency towards risky online behavior. The study measured U.S. workers’ risk aversion for a range of behaviors, including use of online account credentials, susceptibility to phishing attacks and potential for data loss. It found that, while employees are generally risk averse, more than half (55 percent) admitted to clicking links they didn’t recognize, 45 percent … More

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Researchers exploring how IoT apps can to imitate human decisions

CA Technologies announced its participation in scientific research to discover how Internet of Things (IoT) applications can use a type of AI known as ‘deep learning’ to imitate human decisions. The research will also explore how to prevent that AI-based decisions are not producing biased results. This three-year research project is named ALOHA (adaptive and secure deep learning on heterogeneous architectures). “The future of all technologies will include AI and deep learning in some way,” … More

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