Last updated 17 January, 2024 You don’t always have to buy new! The cost of new equipment can be a big barrier for aspiring DJs, and supply issues nowadays can often mean you can’t find the gear you really want anyway. And in truth, the speed of development in DJ gear has slowed a lot […]
Cyber-attacks targeting Web3 cost organizations $1.84bn in 2023 across 751 incidents, according to Certik’s Hack3d: The Web3 Security Report 2023. The average cost per incident was $2.45m in 2023. However, there was a wide disparity between the losses suffered, with the 10 most costly attacks alone accounting for $1.11bn. The highest costs occurred in Q3, […]
John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. […]
The UK’s financial regulator has warned UK households struggling with the high cost of living to be on the lookout for fraudsters promising quick and easy loans. The Financial Conduct Authority (FCA) said that 40% of adults are concerned about being able to afford Christmas spending this year, rising to half of parents (52%) with […]
Royal Mail has revealed a multimillion-pound cost attached to a serious ransomware breach it suffered earlier this year. The British postal service company was hit by a LockBit affiliate, in an incident which caused “severe service disruption” for items sent abroad. It later transpired that the ransomware actors were demanding nearly $80m from the firm […]
Ransomware breaches have cost the US economy tens of billions of dollars in downtime alone over the past seven years, according to new research from Comparitech. The consumer awareness firm analyzed data on all known ransomware attacks affecting medical organizations between 2016 and mid-October 2023, looking at specialist IT news, data breach reports and state […]
Ransomware realities in 2023: one employee mistake can cost a company millions Pierluigi Paganini October 17, 2023 What is the impact of ransomware on organizations? One employee’s mistake can cost a company millions of dollars. Studies show that human error is the root cause of more than 80% of all cyber breaches, whether malicious or […]
The cost of an insider risk is the highest it’s ever been, as organizations spend more time than ever trying to contain insider incidents, according to DTEX Systems. The average annual cost of an insider risk has increased to $16.2 million – a 40% increase over four years. Meanwhile, the average number of days to […]
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 […]