Fraud increased 30 percent overall in Q3 2019 and bot-driven account registration fraud is up 70 percent as cybercriminals test stolen credentials in advance of the holiday retail season.
The cost of data breaches will rise from $3 trillion each year to more than $5 trillion in 2024, an average annual growth of 11%, says a new report from Juniper Research.
Enterprises are struggling to find the right talent to safeguard their networks; therefore, they must change their mindsets and begin recruiting talent from non-traditional backgrounds to ensure they have the "right" person on their SOC team.
A Chicago-based futures brokerage will pay $1.5 million for letting cyber criminals breach the firm’s email systems and withdraw $1 million from a customer’s account.
A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to more than $5 trillion in 2024, an average annual growth of 11%.
Both the government and the private sector are scrambling for talent. Thousands of information-security jobs are going unfilled as the industry in the U.S. struggles with a shortage of properly trained professionals. By one estimate, there will be 3.5 million unfilled cybersecurity jobs by 2021.
