Security

SaaS Data Was the Target of 51% of Ransomware Attacks in the Last 12 Months

SAN FRANCISCO - September 27, 2022 - Odaseva, the leading enterprise data protection platform for Salesforce, today released the findings of a global survey that shows that organizations are largely unprepared for ransomware attacks on their data stored in SaaS platforms. Attacks on SaaS data are an increasingly common cybersecurity target, and they succeed in encrypting SaaS data half the time, leaving only half of the victims able to fully recover. Differentiating from other ransomware studies, the survey queried senior data professionals at large enterprises of 10,000 employees or more.

Ransomware attacks are successfully targeting both SaaS and cloud data

The majority of financial services professionals are only ‘somewhat confident’ in their anti-money laundering procedures

London, UK; 6th September 2022: The majority (57%) of financial services professionals are only ‘somewhat confident’ in their anti-money laundering procedures. That’s according to a survey from anti-money laundering tech scaleup, First AML, which surveyed 200 financial services professionals across the UK.

The survey found that 52% of respondents have identified an instance of money laundering in the last year, with 23% identifying more than one. Anti-money laundering is also moving up the company agenda at almost three quarters (73%) of financial services companies.

The Top Online Security Measures All Small Businesses Should Take

Cybersecurity is important to all businesses that exist online. It allows them to operate without interruption from hackers' financial exploits. 

Even if your company is planning to use email or has a small website in mind, your business needs to integrate cybersecurity into that plan. 

The theft of data and sensitive information is becoming more common in fraud reports. According to Verizon’s Data Breach Investigations Report for Small Business, Ransomware has increased by 13% in a total of 25% breaches.

4 Types of Organizations That Need to Pay Closer Attention to Data Security

Data security is a term used frequently in news reports. This company or that had a data breach. Users should take measures to change passwords and lock down their credit reports and personal data. 

At times, small businesses and organizations assume they may be less at risk for a data breach than mega corporations. Unfortunately, hackers don’t care who they target. They only want a successful win as they face the challenge of circumventing security measures. If you haven’t paid much attention to keeping your users’ data safe, now is the time to ramp up your efforts.

Is Your Business At Risk of a Cyber Threat this Year?

Small business owners are busy growing their brands, hiring workers, creating new offers and managing customer relationships. It’s natural for them to somewhat put cybersecurity on the backburner. The problem with not protecting your company now is that you may be more at risk of an attack than you think. Cybercriminals don’t just target big corporations with hacking attempts. 

New Report Reveals Exploitable Network Misconfigurations Cost Organizations 9% of Total Annual Revenue

ARLINGTON, VA, August 10, 2022 – Titania, specialists in accurate network security and compliance assessments and risk remediation software, today launched a new independent research report that uncovers the impact of exploitable misconfigurations on network security.

Four Clear Signs that Your Business Isn't Paying Enough Attention to Data Protection

Data protection involves more than just keeping your customers’ personal information safe. You also must be aware of state, federal and international laws regarding data privacy compliance. Busy entrepreneurs may find data protection falls to the wayside amidst the dozens of tasks vying for attention.

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.