According to a report by IBM, the average cost of a ransomware attack, not including the cost of the ransom, is $4.54 million. Further reports by Sophos and Palo Alto, estimate that the ransom amount averaged between $570,000 and $812,360.
As the damage caused to organizations because of such attacks are in...
Insider threats continue to rise, increasing 44% over two years, according to Ponemon institute. With growing corporate layoffs and challenging financial conditions, there is a clear risk of disgruntled employees taking IP and financial data. Employees with valid credentials or bad actors with compromised credentials...
Exabeam will have its third CEO since June 2021 after promoting Chief Product Officer Adam Geller to take over as its top leader. The security operations vendor elevated Geller to replace Michael DeCesare, 57, who joined Exabeam as president and CEO two years ago after leading Forescout for years.
Sumo Logic has axed 8% of its workforce less than a month after Francisco Partners paid $1.7 billion to take the data analytics vendor private. The company told California's Economic Development Department on June 7 that it would lay off 79 staff at its Silicon Valley headquarters the following day.
In the era of digital transformation, banks’ security leaders are grappling with the challenges of maintaining a secure digital ecosystem while keeping costs down. With the explosion of touchpoints from the digitization of money and services, FinServ is now a prime target for cybercriminals, jeopardizing its...
Unlike other types of security threats, insider threats are complicated because only a few are caused intentionally, and they typically involve valid credential use. Beyond full- and part-time employees, insiders include vendors, customers, and others who can be working on site or remote. Frequently they’re...
User and Entity Behavior Analytics (UEBA) solutions ingest operational data from many sources and use analytics such as machine learning (ML) and behavior analysis to determine what is normal behavior by human users and non-human entities operating in an enterprise network. Over time, the solution builds standard...
Cloud-native SIEM dramatically simplifies deployment and management, and increases ease of use, speed, and detection accuracy. As organizations grow, merge, and evolve, cloud-native security solutions can offload the costs of hardware and maintenance from IT teams and simplify operations for security engineers and...
Banks are facing unprecedented challenges in securing their digital ecosystems while maintaining cost efficiency. With cybercriminals increasingly targeting the financial industry, banks face risks to their reputation as trustworthy partners. With data breach costs averaging nearly $6 million per incident, banks...
Security and risk management leaders continue to need a security system of record with comprehensive threat detection, investigation and response capabilities. SIEM is evolving into a security platform with multiple features and deployment models. This research will help you find the right solution.
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The recent trend of state-sponsored hackers targeting small businesses is just one example of how SMBs (small-medium businesses) and organizations without a dedicated SOC (security operations center) face many of the same security challenges that enterprises face.
So how do smaller companies adapt to their...
This case study discusses how HashiCorp needed a security solution that could keep up with their innovation. They chose a cloud-native solution that provides centralized and scalable Cloud Security Analytics and Cloud SIEM across multi-cloud environments.
Download this case study to learn insights on how to improve...
This case study discusses how Standard Chartered nexus needed a unified analytics platform to support security analytics, DevOps, customer experience, and more. While being easy for both technical and non-technical users.
Download this case study to learn the strategies they used, including:
Cloud-native...
Through years of rapid growth, SoSafe’s infrastructure for its IT environment and SaaS product had grown significantly and included a mix of cloud and onpremises systems that were all producing high volumes of telemetry data for a range of users and needs.
Download this case study to see how SoSafe was able to...
The Forrester Wave™ report evaluates 14 security analytics platform providers, analyzing and scoring each provider based on log collectors, SOAR integrations, and availability on cloud service providers. The report emphasizes the importance of security analytics platforms combining features such as analytics,...
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