A majority (95 percent) of U.S. companies want to see their IT security vendors offer a guarantee on their products and services, and 88 percent claimed they would change providers if they could find an alternate IT security vendor that offers a guarantee.
Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.
It’s not that fixing Critical and High-Severity vulnerabilities is the problem; it’s that the Medium and Low severity vulnerabilities can pose significant risks as well. For any given vulnerability, we need to distinguish between its severity and the risk that results from it being present on a particular system on our network.
Essentially, one-third of analysts’ time is being spent on processing alerts that have unknowingly already been processed, and at present SOC teams are left with little ability to make this distinction resulting in massive manpower drain.
One cyber company is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past years.
A national survey of 1,520 adults conducted March 7-April 4, 2016, finds that Facebook continues to be America’s most popular social networking platform.