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Tag: risk

Cyber ​​incidents – business risk number 1
5. February 2024
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| Stories, TrendMicro
Cyber ​​incidents remain the number 1 business risk - Image by Markus Winkler on Pixabay

Cyber ​​incidents will remain the largest business risk worldwide in 2024, according to the current Allianz Risk Barometer. This includes data breaches, but especially attacks on critical infrastructure or assets as well as ransomware attacks. The Allianz Risk Barometer puts business interruptions in second place in the survey in Germany. IT now forms the basis for almost all business processes. In the event of a compromise or disruption, all or many areas of the company are directly affected and business interruptions quickly result - which explains their place on the barometer. By classifying cyber risks as the largest business risk, risk assessment gains significant...

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Remote work risk: Employees without cybersecurity training
2. February 2023
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| PR News
Remote work risk: Employees without cybersecurity training

A new study by Hornetsecurity has found that 33% of companies do not conduct any cybersecurity training for users working remotely. The lack of knowledge increases the risk. The study also reveals that nearly three-quarters (74%) of remote workers have access to critical data, posing a greater security risk for organizations in the new, increasingly hybrid workforce. Challenges and Risks The independent survey, which included 925 IT professionals from various industries and company sizes worldwide, also identified the challenges for security management and the risks for…

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Cyber ​​insurance: 80 percent of customers with claims 
21 December 2022
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| PR News
Cyber ​​insurance: 80 percent of customers with claims

Cyber ​​insurance is in demand, but most of them hardly want to cover the risks anymore: almost 80 percent of the companies that have taken out cyber insurance have already made claims with their insurer, more than half of them more than once. This is the result of a survey* by Delinea, the specialist in privileged access management (PAM) solutions for seamless security. As a result, insurance companies are increasingly withdrawing from covering critical risks. For example, damage caused by ransomware or costs for data recovery are no longer covered by the policy of around 50 percent of the companies surveyed. In doing so, the…

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Cloud: Data breach costs up to 28 million euros 
3 November 2022
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| PR News
Cloud: Data breach costs up to 28 million euros

On average, every company that has cloud data is at financial risk of 28 million euros in the event of a data breach. This is the conclusion of the new SaaS data risk report from Varonis Systems. This examines the challenges CISOs face in protecting data in a growing portfolio of SaaS applications and services such as Microsoft 365, Box or Okta. The report highlights how hard-to-control collaboration, complex SaaS permissions, and dangerous misconfigurations (like admin accounts without multi-factor authentication/MFA) leave a significant amount of cloud data vulnerable to insider threats and cyberattacks. For the report analyzed…

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Paradoxical assessment: Sufficient budget despite high cyber risk 
5 October 2022
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| Kaspersky, Stories
Paradoxical assessment: Sufficient budget despite high cyber risk

Two-thirds (67 percent) of IT decision-makers in Germany say that their IT security budget is sufficient for the next two years, although they rate the cyber risk as high. More than half (53 percent) rely on external service providers to protect themselves because the necessary know-how is not available internally. Smaller companies in particular are looking for external support. The financial industry is particularly confronted with cyber threats for various reasons. On the one hand, the degree of digitization in the financial sector has increased significantly - especially in the wake of the pandemic. On the other hand, the financial industry is for cybercriminals…

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Tight budgets slow down IT security strategy
August 22, 2022
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Tight budgets slow down IT decision-makers

Report: Tight budgets and a lack of executive support are causing critical security controls to fall by the wayside. 60 percent of IT decision-makers are being prevented from implementing an adequate IT security strategy More than half of IT security decision-makers (60%) are of the opinion that their IT security strategy is not keeping pace with the current threat situation Survey* by Delinea, the specialist in privileged access management (PAM) solutions for seamless security, shows. For example, 20 percent of the security professionals surveyed think they are lagging behind in their security practices, 13 percent believe they are standing still, and only 27 percent are trying…

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Stolen credentials are the biggest security risk
June 21, 2022
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| PR News

The Verizon Data Breach Investigations Report 2022 (DBIR) examined 23.896 security incidents and 5.212 confirmed data breaches. He comes to one conclusion: Leaked and stolen access data are still the greatest security risk for companies. From the analysis of the more than 100-page report, Patrick McBride, Chief Marketing Officer of Beyond Identity, has compiled the most important figures and offers tips on how companies can protect themselves from data leaks. Top 5 Statistics from the Verizon DBIR Stolen Passwords: The most popular method for attackers to steal a company's assets,…

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Germany: 4 million PCs still with Windows 7
25 January 2021
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| Short news
Eset_News

Security disaster: 5,2 million computers in Germany use outdated Windows versions. 4 million of them work with Windows 7 and over a million with ancient Windows 8, XP or Vista. Windows operating systems have a market share of around 80 percent for desktop PCs and notebooks in Germany. The good news: The majority of the devices in use use the current Windows 10. But a closer look at the figures reveals a very worrying security situation: 5,2 million devices are using outdated Windows versions. Windows 4 is still installed on 7 million computers alone, and support for the ...

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Outdated XP systems are an incalculable risk
17 November 2020
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| Short news
G Data News

Windows XP systems: Outdated systems are an incalculable risk for medium-sized businesses. Many medium-sized companies still use computers with the outdated operating system. In the manufacturing industry in particular, many control computers only run under Windows XP or other outdated operating systems. This makes it easy for cyber criminals to attack. The computers should be removed from the network as quickly as possible or at least effectively separated. Otherwise there is a risk of damage from attacks that can quickly threaten the very existence of the company. Critical systems still run with Windows XP In many companies, these ancient computers are active all year round. Critical systems are running ...

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Cyber ​​risk assessment errors
September 23, 2020
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| Stories
Word cloud security

When calculating potential losses from cyber risk, statistical data is just as important as its interpretation. Kaspersky experts comment on a contribution from the Black Hat 2020 conference. Nobody wants to spend millions to protect a company if the actual damage in the event of an incident would not exceed several thousands. Just as nonsensical are cost savings by saving on every corner when the potential damage from a data leak could amount to hundreds of thousands. But what information should be used to calculate the approximate damage a company would suffer from a cyber incident? ...

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