Organizations are never the same after ransomware strikes: Survey
Organizations are never the same after being hit by ransomware, according to Sophos’ global survey, titled Cybersecurity: The Human Challenge. In particular, the confidence of IT managers and their approach to battling cyberattacks differ significantly depending on whether or not their organization has been attacked by ransomware. For instance, IT managers at organizations hit by ransomware are... By CIO&Leader
SMBs must exploit disruptive cloud capabilities to navigate tough external conditions
Small and Medium Businesses (SMBs) play a critical role in Indian economy, contributing 34% of the GDP and employing 21% of the country’s workforce, second only to agriculture. More importantly SMBs are closely integrated in a complex ecosystem supporting large industries with vital goods and services and providing sustenance and employment to a large number of semi-skilled people in tier two and... By Balaka Baruah Aggarwal
Cyberattackers using Office 365 to steal organizations' data: Study
Cyberattackers are using Office 365 in to steal organizations’ data, according to Vectra’s 2020 Spotlight Report on Microsoft Office 365. The report explains how cybercriminals use built-in Office 365 services in their attacks. Attacks that target Software-as-a-Service (SaaS) user accounts are one of the fastest-growing and most prevalent problems for organizations, even before COVID-19 forced... By CIO&Leader
Healthcare organizations worried about insider threats in post-COVID era: Survey
The pandemic and ensuing WFH initiatives changed the IT risk landscape. Because healthcare organizations are on the front line of the battle to contain COVID-19, they had to revise their cybersecurity priorities more quickly than perhaps any other vertical market. Pre-pandemic, they were mostly concerned about employees accidently sharing sensitive data (88%) and rogue admins (80%); today they... By CIO&Leader
Creating a human firewall through a culture of security
Whether they know it or not, employees can pose a significant risk to the security of enterprise networks and the data they hold. Considering that 68% of organizations feel moderate to extremely vulnerable to insider attacks, as noted in a recent study, it’s clear just how significant this issue is. In addition to those that are considered malicious insiders, these threats can also be... By Rajesh Maurya
Compliance activities and fines costing organizations huge bucks annually: Survey
Organizations are struggling to keep up with IT security and privacy compliance regulations, according to Telos-Vanson Bourne’s survey. The survey, which polled 300 IT security professionals in July and August 2020, revealed that, on average, organizations must comply with 13 different IT security and/or privacy regulations and spend USD 3.5 M annually on compliance activities, with compliance... By CIO&Leader
Adoption of Public Key Infrastructure increases across organizations globally: Study
Organizations are rapidly increasing the size, scope and scale of their data protection infrastructure, reflected in dramatic rises in adoption of Public Key Infrastructure (PKI) across enterprises worldwide, according to new research from Entrust. PKI is at the core of nearly every IT infrastructure, enabling security for critical digital initiatives such as cloud, mobile device deployment... By CIO&Leader
Endpoint and IoT security incidents rise in the last one year: Study
The ongoing global pandemic that has led to massive levels of remote work and an increased use of hybrid IT systems is leading to greater insecurity and risk exposure for enterprises. According Pulse Secure-Cybersecurity Insiders’ 2020 Endpoint and IoT Zero Trust Security Report, 72% of organizations experienced an increase in endpoint and IoT security incidents in the last year, while 56%... By CIO&Leader
Power utilities now more prone to cyberattacks amid COVID-19 pandemic: Study
Power utilities have become more prone to cyberattacks amid the COVID-19 pandemic as attackers have strived to benefit from the rush to remote systems and undermanned facilities. Utilities need to comprehend the new cyber risks involved with home-based work such as social engineering attacks and less reliable internet connections in order to accordingly set up baseline defenses and limit the... By CIO&Leader
Global data center infrastructure spending to grow 6% in 2021: Gartner
End-user spending on global data center infrastructure will reach USD 200 billion in 2021, an increase of 6% from 2020, according to the latest forecast from Gartner. Despite a 10.3% decline in data center spending in 2020 due to restricted cash flow during the pandemic, the data center market is still expected to grow year-over-year through 2024. “The priority for most companies... By CIO&Leader
NEXT100 Jury Atanu Roy joins Biocon as Group CIO
Atanu Roy has joined Biocon as Group CIO. Immediately prior to this, he was CIO at Sun Pharma, an organization where he worked for more than five years. Earlier, he was VP & CIO - IT & Business Process Excellence at Dr. Reddy's Laboratories. He had also served in companies like HP, PwC and Larsen & Toubro. Roy has also been an esteemed member of the NEXT100 Jury panel. Roy completed... By CIO&Leader