Data breaches have become alarmingly frequent and expensive. In 2022, the average incident incurred a massive cost of $4.35 million and, further compounding the associated costs and impacts, took an average of 243 days to identify and an additional 84 days to contain. This figure is expected to climb even higher as regulatory bodies across the globe tighten data protection laws, escalating the financial and reputational stakes of failing to safeguard sensitive information.

Attackers predominantly use phishing attacks to steal and misuse user identities. A global Statista study on employee-reported malicious emails revealed that in the first quarter of 2023, 58.2% of malicious emails were credential theft attacks, 40.5% were impersonation attacks, and 1.3% were malware deliveries. Phishing attacks create a sense of urgency and panic in users, who, as a result, easily fall victim to them.

Keeping a stress-free and thoughtful approach to cybersecurity requires implementing tactics that put security and wellbeing first. The following five cybersecurity techniques will help in striking the balance.

The Fourth Industrial Revolution, or Industry 4.0, has integrated digital technologies such as the Industrial Internet of Things (IIoT), operational technology, and information technology into the heart of manufacturing.

Network infrastructures in many industries today are challenged by a surge of connected devices, especially as IoTs and BYODs are increasingly popular. The complexity and granularity of managing IP address assignments pose a considerable challenge. Traditional methods of network management often fall short in providing a granular understanding of the devices in use.

Identity Management Day occurs on the second Tuesday of April, April 9 this year. It was established by the Identity Defined Security Alliance in 2021 in collaboration with the National Cybersecurity Alliance. Its primary aim is to heighten awareness about the risks associated with the lax or incorrect handling of digital identities. Effective identity management practices help prevent identity theft, fraud, and data breaches, which can have devastating consequences for both individuals and organizations.

Top tips is a weekly column where we highlight what’s trending in the tech world today and list ways to explore these trends. This week, we’re looking at four machine learning-related risks to watch out for. Machine learning (ML) is truly mind-blowing tech. The very fact that we’ve been able to develop AI models that are capable of learning and improving over time is remarkable.

Every IT admin, regardless of the company size or employee count, shares a common fear: data breaches. The horror of discovering their organization’s data exposed on the dark web, accessible to anyone, is definitely a nightmare. So, IT admins are on the constant lookout for leading solutions that protect access to organization data and manage employee identities effectively. But where does the real challenge lie? In managing the employee identities, or their access to data?

Over the years, we have seen a substantial amount of cyberattacks happening around the globe. The most infamous of them is the RaaS attack, which is taking over organizations of all sizes. An employee’s sheer negligence and lack of cybersecurity solutions put organizations at higher risk. In this article, we will share some tips that every organization needs to know in order to stay away from cyberattacks. Ransomware attacks have become prevalent in recent years and can happen to any organization.