Fraud Management & Cybercrime , Ransomware While Average Falls Below 30%, We’re Still Far From Seeing Criminal Profits Dry Up Mathew J. Schwartz (euroinfosec) • February 2, 2024 Fewer ransomware victims are paying the extortion demanded by ransomware groups. (Image: Shutterstock) The number of victims who opt to pay a ransom appears to […]
Nov 14, 2023The Hacker NewsPen Testing / Vulnerability Management In 2023, the global average cost of a data breach reached $4.45 million. Beyond the immediate financial loss, there are long-term consequences like diminished customer trust, weakened brand value, and derailed business operations. In a world where the frequency and cost of data breaches are skyrocketing, […]
The average tenure of a Chief Information Security Officer said to sit between 18 to 24 months. This is barely enough time to get feet under the table, never mind a meaningful seat at the table. Two questions arise: why is there such volatile churn in this space; and how does it affect enterprise cybersecurity? […]
Dive Brief: The average annual cost of insider cybersecurity threats increased to $16.2 million during the past 12 months, a 40% increase over four years, according to research conducted by the Ponemon Institute. The biggest costs associated with insider risks came after the incident had occurred, with containment and remediation representing the most expensive areas at […]