When it comes to advanced threat response, most financial institutions say their current abilities are average. Only one-third say automation is crucial to how they identify and respond to threats. This panel of APAC and ANZ experts analyzes the state of security automation in financial services.
Insider threats have risen 44% over the past two years. These threats can extend to a number of roles from temporary workers and contract staff to IT administrators, individual contributors, lawyers, auditors, third-party contractors, and employees both current and past... all of them can turn into a malicious...
From data theft to ransomware, the financial sector is a natural target for cyber-attacks. Unorganized, uncoordinated or siloed security activities make it difficult to provide answers to the many questions posed by business leaders and stakeholders, nor can they give them confidence in their readiness.
By...
Digital twins provide a powerful capability for the emulation of networks, enabling data-driven decision making processes. Modern threat deception and network digital twins can accurately model the impact of cyberattacks, as well as analysis, system testing and hardening, and training for each threat scenario.
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Convergence of the threat landscape looms large for defenders, and Cybercrime as a Service potentially will enable more destructive attacks at scale. These are among the 2023 threat landscape predictions of Derek Manky of Fortinet's FortiGuard Labs. He shares these and other insights.
The State of Ransomware report in 2021 states that, 77% of retail organizations were hit by ransomware, up from 44% in 2020.
This is a 75% rise over the course of a year, demonstrating that adversaries have become more capable.
In fact, in 2021, retail reported the second highest rate of ransomware attacks of...
When you break down a cyber attack, you find patterns and actions that are commonplace. Deception technology can halt threat actors at every stage, even pre-breach and during lateral movement and help you fight cyber attacks, every step of the way.
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The deception...
Deception technology seems to be oriented towards high-maturity organizations, but the truth is it can offer security benefits to almost any size of company. Nowadays, even small or local businesses are targeted by threat actors. Even worse, these businesses are often less prepared and have fewer recourses when it...
In 2021, there was a 1,318% increase in ransomware attacks among financial services from both internal and external attacks. Growing cyber fraud, a mobile attack surface, the emergence of cryptocurrency, and a move toward third-party payment partners—all create new cybersecurity challenges that demand powerful...
The changing business and IT landscape increases the scope and complexity of the problem. As a result, the security threats evolving require business as-usual operational capabilities before, during, and after attacks take place.
Security Innovation Day, brought to you by Cisco Secure at Cisco Live Melbourne, will...
Join Immersive Labs Appsec Experts, Mat Rollings and Kev Breen, as they discuss the latest threats and vulnerabilities affecting APIs in web applications.
In 2022, 56% of lower education organizations and 64% of higher education organizations were hit by ransomware in the last year.
This is a considerable increase from the 44% of education respondents that reported an attack in our 2021 survey (based on 499 respondents across lower and higher education).
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The rise in successful ransomware attacks is part of an increasingly challenging threat environment that has affected organizations across all sectors, including state and local government.
In this report 58% of local government organizations were hit by ransomware in 2021, up from 34% in 2020.
This is a 70%...
In 2021, 66% of healthcare organizations were hit by ransomware, which is a 94% increase from 2020.
The Healthcare industry saw the highest increase in volume of ransomware attacks as part of an increasingly challenging broader threat environment which has affected them more than any other sector.
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In this report, 55% of manufacturing and production organizations were hit by ransomware in 2021, up from 36% in 2020.
This is a 52% increase over the course of a year, demonstrating that adversaries have become considerably more capable of executing the most significant attacks at scale.
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