Information Technology

Databarracks: Cyber attacks are now the #1 cause of data loss

New research by Databarracks has shown that 38% of organizations reported cyber attack and internal breaches as a cause of data loss in 2022.

The findings come from the annual Data Health Check, a survey of 400 IT decision makers. This year’s survey focused on themes of Ransomware, Cyber, Backup, Disaster Recovery and Business Continuity.

Over half of small companies aren’t taking any precautions against a possible Russian cyber attack

New research from Databarracks has revealed that 58% of small companies (less than 50 employees) were not taking any precautions against a possible Russian cyber attack.

The findings are from Databarracks’ 2022 Data Health Check survey of 400 IT decision makers. This year’s survey focused on themes of Ransomware, Cyber, Backup, Disaster Recovery and Business Continuity.

Barnaby Mote, Managing Director of Databarracks, commented “The current risk of cyber attack is high. All organizations, regardless of size, should be taking extra precautions to protect their data.”

By comparison, only 19% of large organizations (500+ employees) surveyed said they weren’t taking any precautions.

Ransomware volume already doubled 2021 total by end of Q1 2022 says WatchGuard Threat Lab Report

28 June 2022 – Ransomware detections in the first quarter of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found that the Emotet botnet came back in a big way, the infamous Log4Shell vulnerability tripled its attack efforts and malicious cryptomining activity increased.

Threats Exploiting Employees a Concern For Microsoft 365 Users

LONDON, UK – 21st June 2022 – Egress, the leading provider of intelligent email security, has today issued a report identifying a number of security risks facing users of Microsoft 365, which along with its suite of tools, is expected to be relied upon by more than one million companies and over 250 million users[1].

Click here to read the full report.

Among IT Decision-Makers, 85% See Urgent Shift in Focus to Consumers’ Digital Experiences in New “Reprogramming the Enterprise” Report from WSO2

London, UK – 1st June 2022 – In a survey of 500 IT decision-makers, 85% agree that there is an urgent shift toward focusing on consumers’ digital experiences. Moreover, 73% of respondents say that the move to focus on the digital experience in their own organization was sudden. The survey was conducted for a new report from WSO2, “Reprogramming the Enterprise: Keeping Pace with the Wave of Innovation”. The results highlight the factors that organizations must consider as they deliver innovative and differentiated digital experiences for their customers.

What is a Database Management System? Definition and Types

Businesses, and overall, individuals, produce a massive amount of data on a daily basis. There has been an accelerating growth in generated data with over 2.5 quintillion bytes each day with today's technology. Consequently, it's necessary to establish a system to manage and manipulate this data. And that's precisely the role of a database management system.

Database management systems (DMBS) are a solution to the influx of data generated every day. These can help businesses process large amounts of data efficiently, creating an organized work environment. 

3 in 5 Organizations Experienced Accidental Data Loss Over Email in the Past Year

SAN FRANCISCO - May 18, 2022 - New research from email security company Tessian and the Ponemon Institute reveals that nearly 60% of organizations experienced data loss or exfiltration caused by an employee mistake on email in the last 12 months. Email was revealed as the riskiest channel for data loss in organizations, as stated by 65% of IT security practitioners. This was closely followed by cloud file-sharing services (62%) and instant messaging platforms (57%).

The Ponemon Institute surveyed 614 IT security practitioners to also reveal that:

More Banking Executives View Fintechs as Partners in Economist Impact Report on Digital Competition in Global Finance Commissioned by WSO2

London, UK – 11th May 2022 – In a global survey of 300 C-suite banking industry executives, 54% say their financial institutions have faced greater competition over the past three years from digital alternatives while 47% of UK respondents found this to be the case. However, these executives also indicate that they are better positioned to compete. Notably, 85% of respondents reported that they have, to some extent or more, the necessary technological tools to create new digital products and services. This rises to 90% for UK respondents.