Cloud technology is rapidly becoming necessary for everyone to secure data online. Still, it has never been more important for businesses to evolve to the shifting digital landscape and migrate their data to the cloud. The public cloud computing market is estimated to be $675 billion this year, and it includes services related to business processes, platforms, infrastructure, and software.

The Association of Certified Fraud Examiners (ACFE) recently released a report Occupational Fraud 2024: A Report to the Nations, where they estimated that most organizations lose about 5% of their revenue each year due to fraud. We have joined in our support of International Fraud Awareness Week and applaud the ACFE and their efforts to help raise awareness and reduce fraud that hurts all of us, whether we work for these organizations or are consumers of the goods and services they provide.

Microsoft 365 is the standard in modern enterprise environments, offering a robust suite of productivity and collaboration tools. With millions of users accessing sensitive data from various devices and locations, security vulnerabilities can arise, making it highly attractive for cybercriminals seeking to exploit and steal valuable data.

As the year wraps up, many IT, security, compliance, and HR teams have unspent budgets that won’t roll over. Rather than scrambling for last-minute, low-value purchases, why not make smart, strategic investments that will pay dividends in 2025 and beyond? Are you concerned about—reducing insider risk, increasing workforce productivity, and guarding against compliance fines?

Learn how Tanium's innovations and automation capabilities are empowering customers to build confidence and resiliency.

Read also: Bitfinex hacker sentenced to 5 years in prison for the largest crypto heist in history, five Scattered Spider members indicted in the US, and more.

In early 2022, a Yahoo employee, Qian Sang, exploited his access to confidential information, and stole the company’s AdLearn product minutes after receiving a job offer from a competitor. By the time the breach was discovered, the damage was extensive, costing the company millions in fines, legal fees, and lost business . This incident is not an isolated case.

Black Friday may be the pinnacle of the holiday shopping season, a day when online retailers experience unprecedented traffic and revenue opportunities as consumers kick off the Christmas season. For many retailers, it’s a make-or-break event. Yet, with increased traffic comes increased risk, particularly as it relates to cybersecurity and keeping shoppers safe from fraud stemming from a cyberattack on their favorite digital store.

A lot goes into deciding what to buy during the holiday shopping season – shipping times, sale prices, and finding the perfect gift for your niece (who is impossible to shop for) are likely to be at the top of your mind. Unfortunately, attackers are counting on that. An attacker’s best friend is urgency and Black Friday kicks off a perfect season for them.

The United States, is a prime target for cyber attacks. The U.S. retail sector, which holds nearly one-third of the global market share, has seen a significant rise in ransomware incidents, accounting for 45% of global retail ransomware cases in the past three quarters—a 9% increase from 2023. New groups like Ransomhub and Hunters have emerged and supply chain threats have increased. Social engineering tactics are on the rise, with attackers impersonating IT personnel.