And in a 2023 survey, 47 percent of respondents said they don’t have enough budget for an effective cybersecurity strategy.5 With inadequate investment, many providers’ software, firmware, and hardware is at
which means nearly all organizations are at risk of a cyberattack. To understand how great this risk is and to be able to manage it, organizations need to complete a cybersecurity risk assessment, a process that identifies which assets are most vulnerable to the cyber-risks the organizat...
Customer Loss:Customer loyalty is fragile, and a security breach can shatter it completely. Customers who fall victim to data theft or other cyber-related issues may feel betrayed and abandoned, causing them to sever ties with the company permanently. Losing customers not only impacts short-term ...
Cyber insurance, also known as cyber risk insurance or cyber liability insurance coverage (CLIC), is an insurance policy that helps cover costs associated withdata breachesor cyberattacks. Cyber insurance mitigates the risk exposure of a business by offsetting costs involved with damages and recovery ...
GenAI can also address some deficiencies found in other kinds of automation, says Bytewhisper Security CTO Kyle Hankins. “One thing LLMs are surprisingly good at is detecting business-logic findings that SAST has traditionally struggled with,” Hankins says. “Decent AI can make a...
Today’s cybersecurity landscape, however, is a lot more complicated. For example, poorly secured Internet of Things (IoT) devices threaten to give attackers a way in via a thermostat or a smoke detector.Personal devices create new risks, especially as they become tied to business and the wor...
How to Protect Against Deepfakes: Cybersecurity Training Training employees on how to protect against deepfakes is essential for a comprehensive cybersecurity strategy. With half of leaders reporting that their workforce has no training on recognizing or handling deepfake threats, it is clear that the...
A family office is not that different from a corporate environment when it comes to the types of threats it faces. The risks are growing. Approximately one out of four family offices surveyed by JP Morgan (24%) said they have been exposed to a cybersecurity breach or financial fraud. The...
Business operations:Last but certainly not least, your entire business is at stake when it comes to AI security. AI cybersecurity incidents can lead to substantial financial losses from data recovery costs, legal fees, and potential compensation claims. Also, cyberattacks targeting your AI systems ...
yes, modularity greatly enhances scalability. by breaking down the software into independent modules, you can more easily adapt, extend, or replace parts of the system without affecting others. this flexibility is key when scaling your application to handle increased loads or adding new features. ...