Accounting firms handle sensitive client data on a daily basis, making them prime targets for cybercrime. According to PwC, accounting firms have a 30% higher risk of cyberattacks than other businesses. Breaches in the industry are among the most expensive, with IBM’s “Cost of a Data Breach 2022” report finding the average breach totaled $5.97 million.
The days of massive server rooms and having every employee all under one roof may seem like they are gone forever, but for a great many organizations the on-premise work environment is still here and unlikely to be pushed out of service any time soon. Let’s start off with a quick reminder on the importance of security an email system. Email remains the number one attack vector favored by threat actors because it involves humans, who can be a weak link in any security system.
The content of this post is solely the responsibility of the author. AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article. Cyberattacks have become increasingly common, with organizations of all types and sizes being targeted. The consequences of a successful cyberattack can be devastating. As a result, cybersecurity has become a top priority for businesses of all sizes.
A few months ago, I had the pleasure of speaking with Jay Bretzmann, research vice president of security products at IDC. We discussed various security topics trending in 2023, including open identity standards, passwordless technologies like passkeys enabled by FIDO 2.0, and identity-first zero trust security strategies. It became clear that we had an opportunity to share these insights by turning our conversations into an Analyst Connection interview.
The adoption of cloud native applications has become a necessity for organizations to run their businesses efficiently. As per Gartner, more than 85% of organizations will embrace a cloud-first principle by 2025, which will rely on adopting cloud native applications for complete execution. The massive increase in adoption of cloud native applications has given rise to more security challenges such as container image vulnerabilities, configuration errors and a larger runtime attack surface.
Kroll’s findings for Q1 2023 highlight fragmented threat actor groups and a continued evolution in attack methods and approaches, which, alongside other key shifts in behavior, have concerning implications for organizations in many sectors. In Q1 2023, Kroll observed a 57% increase in the overall targeting of the professional services sector from the end of 2022.
Application security is constantly evolving — and there’s no better place to observe these changes than in the Bay Area. Silicon Valley is home to thousands of companies attempting to solve a multitude of problems, but one thing they all have in common is the often daunting task of risk mitigation.
The Biden Administration’s recent moves to promote “responsible innovation” in artificial intelligence may not fully satiate the appetites of AI enthusiasts or defuse the fears of AI skeptics. But the moves do appear to at least start to form a long-awaited framework for the ongoing development of one of the more controversial technologies impacting people’s daily lives. The May 4 announcement included three pieces of news.
Scott McClallen – Staff Reporter – The Center Square (The Center Square) – Nationwide, electronic benefits transfer fraud is estimated to cost taxpayers up to $4.7 billion annually, according to the Government Accountability Office. In 2022, the Supplemental Nutrition Assistance Program distributed over $113.7 billion to nearly 22 million households. The federal government entrusts states to reduce fraud in safety net programs. In March, the U.S.
