Cybersecurity preparedness pays big dividends for businesses

Businesses are taking cybersecurity more seriously by boosting resources and preparedness, according to GetApp. US businesses on the whole are gaining ground against cybercriminals after several years of increasingly severe threats, but the Las Vegas cyberattacks are a stark reminder of the cost of a breach. GetApp’s report reveals that the ransomware rate remains alarmingly […]

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Barriers preventing organizations from DevOps automation

Organizations’ investments in DevOps automation are delivering significant benefits, including a 61% improvement in software quality, a 57% reduction in deployment failures, and a 55% decrease in IT costs, according to Dynatrace. In most organizations, however, DevOps automation practices remain in the early stages of maturity. The absence of a clearly defined strategy for DevOps […]

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Global events fuel DDoS attack campaigns

Cybercriminals launched approximately 7.9 million DDoS attacks in 1H 2023, representing a 31% year-over-year increase, according to NETSCOUT. Global events like the Russia-Ukraine war and NATO bids have driven recent DDoS attack growth. Finland was targeted by pro-Russian hacktivists in 2022 during its bid to join NATO. Turkey and Hungary were targeted with DDoS attacks […]

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VMware users anxious about costs and ransomware threats

VMware customers have growing concerns about the state of the virtualization software and the company behind it – ranging from rising licensing costs, ransomware vulnerabilities and a diminishing quality of support, according to VergeIO. 84% of respondents indicated that they were concerned about VMware’s current and future costs, with many highlighting “per-core” renewal quotes and […]

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Balancing cybersecurity with convenience and progress

Changing approaches to cybersecurity have led to slow but steady progress in defense and protection. Still, competing interests create a growing challenge for cybersecurity decision makers and practitioners, according to CompTIA. The state of cybersecurity Most business and technology professionals feel that cybersecurity is improving, both generally and within their organizations. They also acknowledge that […]

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Current ransomware defenses efforts are not working

Despite some positive developments, the impact of ransomware attacks remains high, according to SpyCloud. Infostealer infections preceded 22% of ransomware events for North American and European ransomware victim companies in 2023 – with common infostealers such as Raccoon, Vidar, and Redline increasing the probability even further. SpyCloud’s analysis shows that 76% of infections that preceded […]

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Ransomware cyber insurance claims up by 27%

Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both claims frequency and severity rose for businesses in early 2023 across all revenue bands. Companies with over $100 million in revenue saw the largest increase (20%) in the number […]

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