The Race to Adapt: Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year | Region
Fastly, global edge cloud platform provider, has released its annual global cybersecurity report. This reveals businesses have experienced an average of 46 known cyber attacks throughout the year, with each attack causing a loss of 9% of their revenue. The report also found that businesses will increase their cybersecurity budgets by 76% next year, despite […]
Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year
Cybersecurity provider, Fastly, has highlighted the significant impact of security breaches on businesses globally in its annual report. On average, it takes organizations up to eight months to recover from attacks. Over the last 12 months, businesses lost 9% of their revenue due to breaches. According to the report, 76% of businesses plan to increase […]
How To Keep Financial Data Secure From Cyber Attacks
Speed and security are critical in the finance industry, where cyberattacks are a constant threat. Finance businesses need to implement secure, rapid solutions that interconnect their branches and ensure constant threat monitoring. Outsourcing cybersecurity to a team of experts can help organizations protect their assets, manage risks, and recover from cybersecurity issues. Services include asset […]
How cybercriminals use common apps on Google Play to spread malware
Cybercriminals are using updates of apps on Google Play to infuse malware to spy on users and access their data. They bypass Google’s safeguards by uploading harmless-seeming apps, then infiltrate them with malware once they’ve gained a substantial user base. In 2023, such apps were downloaded over 600 million times, affecting a variety of categories […]
How cybercriminals use common apps on Google Play to spread malware
Cybercriminals have found ways to circumvent Google Play’s security by using normal apps’ updates to introduce malware. According to Kaspersky, this method has resulted in over 600 million malware downloads on Google Play in 2023, and commonly targeted apps include photo editors, file managers, games, and media players. To avoid these pitfalls, users should carefully […]
CERT-In tackled over 1.39 million cybersecurity incidents in 2022: Annual report
In 2022, the Indian Computer Emergency Response Team (CERT-In) handled over 1.39 million cybersecurity incidents, with the largest number being the mitigation of vulnerable services. However, there was a significant increase in phishing and malware attacks compared to 2021. The data highlights the increasing threat of cyber attacks in India, particularly in the form of […]
Federal government faced ‘extensive compromise’
The Australian Signals Directorate (ASD) Cyber Threat Report 2022-23 revealed that severe data breaches increased with five major incidents across the government and critical infrastructures. Around 15% of all incidents were category 3, involving compromised assets, data breaches, and ransomware. ASD notified 24% of affected organisations about suspicious activities. Government sectors reported over 40% of […]
Edge Computing’s Role in Shaping the Future of Wearable Healthcare
Edge computing is now crucial for managing significant data volumes generated by wearable devices used in remote patient monitoring (RPM). Edge computing processes data closer to its origin, ensuring faster processing with improved security. It also broadens RPM’s reach and accessibility, allowing for patient participation regardless of location. As RPM technology continues to evolve, it […]
MIT Spun Out Layer Health Launches with $4M to Build the AI Layer for Healthcare
MIT spin-off Layer Health has been launched with $4M funding from investors including GV (Google Ventures) and General Catalyst. Its platform uses AI to swiftly perform any healthcare task requiring chart reviews from unstructured data. Beta clients include xCures and the Froedtert & the Medical College of Wisconsin health network. Layer Health is prioritizing ethical […]
Every Two Organisations Suffered Loss of Sensitive Data in the Last Year
Rubrik Zero Labs reports that data growth is outpacing organizations’ ability to secure and mitigate risk, with 66% of IT and security leaders reporting this issue. A typical organization’s data increased by 42% over the last 18 months, driven by a 145% growth in SaaS data. Around half of the organizations surveyed suffered a loss […]