The staggering sum of US $75 million has reportedly been paid to a ransomware gang in what is believed to be the largest known ransom payment made by a cyber attack victim since records began. Researchers at Zscaler claim in a new report that the record-breaking figure was paid by an undisclosed Fortune 50 company to the Dark Angels ransomware group.

Organizations are increasingly reliant on complex systems and vast amounts of sensitive data, which makes them attractive targets for cybercriminals. However, while external threats are often in the spotlight, insider risks posed by privileged users who have elevated access to critical systems and sensitive information often goes unnoticed.

Data breaches have increased this year, costing businesses $4.88 million—a 10% increase from 2023 and the highest increase since the pandemic. The cost is due to several factors, but an internet leak is one of the common factors that cost businesses money, causes loss of reputation, and threatens the online privacy of the general public. So, what can you do to help yourself, friends, family, employees, or businesses to limit the costs of a data breach or internet leak?

In the modern workplace, GenAI models have become powerful assets due to their ability to introduce efficiency, up level product innovation, and expedite how teams close the gap on competitors. However, these powerful tools also introduce significant risks related to data security and governance. Companies that aren’t actively figuring out how to govern the GenAI they’ve adopted will inevitably be left vulnerable.

AI adoption continues to move at a breakneck speed for businesses across the globe, as shown in a Coatue report comparing AI adoption to early internet adoption and found that AI growth is happening at two times the speed of the former.

IoT enterprise solutions involve using interconnected devices and sensors within business operations to enhance efficiency, productivity, and real-time decision-making. This article will guide you through the growing market, infrastructure components, and the key benefits for businesses. We will also share real-world applications, emerging trends, and steps for successful implementation.