BASKING RIDGE, NJ– Verizon Business today released the results of its 16th annualData Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the soaring cost of ransomware – malicious software (malware) that encrypts an...
The malware (request) which is not detected by the filter known as the negative arrival will lead to the breakdown of the server, irrespective of the fact that the server is idle or busy. Further, it is assumed that suspicious request has no impact on the system when the server is under...
Top findings from the Cost of a Data Breach report Below are some of the top findings from the 2023 Cost of a Data Breach Report. 1. Security AI and automation, a DevSecOps approach, and incident response (IR) plans led the way in cost savings. Some of the most effective security tool...
Moreover, around 28.5% of app users face app security concerns due to existing on-device malware. According to the data breach report 2023 by IBM and Ponemon Institute, on average, the data breach can cost a business around $4.45 million. ...
As of August 2019, the average cost to acquire an app user who registered with an app or created an account was 3.52 U.S.
Leading the pack for the 14th year (and not in a good way) was the US, whose average breach cost was $9.36 million. While a 1.3% decline from 2023’s $9.48 million, it still outstripped the rest of the world by more than half a million dollars per breach. The Middle East, which...
to extortion. There have been cases where criminal groups have threatened their victims with a DDoS attack unless the latter paid 5 bitcoins (more than $5,000). Often, a DDoS attack is used to distract IT staff while another cybercrime such as data theft or malware injection is carried out...
Mobile security threats of 2023 According toVerizon's mobile security report, the number of mobile app threatsincreased by 30%between the first half of 2022 and the first half of 2023. The same report also states that in 2022,1 in 10 organizations were hit by mobile malware,...
Even complex tools, such as cryptocurrency fraud malware, cost just a few dollars on the dark web. Carding software, used to clone credit and debit cards, is sold for just over $40. This so-called “fraud-as-a-service” has led to a massive explosion in fintech fraud. In 2022 alone...
Malware programs. Also, mHealth apps need to be approved by relevant organizations in the healthcare industry for compliance with regulations. The tech side of the healthcare application must ensure data security. This factor hampers the market growth as it takes time and costs to develop a comp...