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CEOs accelerate GenAI adoption despite workforce resistance

CEOs are facing workforce, culture and governance challenges as they act quickly to implement and scale generative AI across their organizations, according to IBM. The annual global study of 3,000 CEOs from over 30 countries and 26 industries found that 64% of those surveyed say succeeding with generative AI will depend more on people’s adoption than the technology itself. However, 61% of respondents say they are pushing their organization to adopt generative AI more quickly … More → The post CEOs accelerate GenAI adoption despite workforce resistance appeared first on Help Net Security.
http://news.poseidon-us.com/T7D3hT

Technological complexity drives new wave of identity risks

Security leaders are facing increased technological and organizational complexity, which is creating a new wave of identity risks for their organizations, according to ConductorOne. Based on a survey of 523 US-based IT security leaders at companies with 250 to 10,000 employees, the study explores the top challenges and opportunities of identity security, access management, and zero standing privilege. Identity issues pose growing risk to organizations According to the survey findings, most organizations have experienced firsthand … More → The post Technological complexity drives new wave of identity risks appeared first on Help Net Security.
http://news.poseidon-us.com/T7D3f2

YouTube has become a significant channel for cybercrime

Social engineering threats – those which rely on human manipulation – account for most cyberthreats faced by individuals in 2024, according to Avast. According to the latest quarterly Avast Threat Report, which looks at the threat landscape from January-March 2024, scams, phishing and malvertising accounted for 90% of all threats on mobile devices and 87% of threats on desktop. Moreover, the threat research team discovered a significant spike in scams leveraging sophisticated tactics such as … More → The post YouTube has become a significant channel for cybercrime appeared first on Help Net Security.
http://news.poseidon-us.com/T79M4g

Fighting identity fraud? Here’s why we need better tech

In this Help Net Security video, Patrick Harding, Chief Architect at Ping Identity, discusses the state of identity fraud prevention. Businesses must adopt more advanced technologies to combat the advancing tactics of identity fraud. Organizations that do not implement MFA leave themselves vulnerable and less resilient against cybercriminals using increasingly sophisticated AI techniques. The post Fighting identity fraud? Here’s why we need better tech appeared first on Help Net Security.
http://news.poseidon-us.com/T79M4G

ISC Stormcast For Tuesday, May 21st, 2024 https://isc.sans.edu/podcastdetail/8990, (Tue, May 21st)

(c) SANS Internet Storm Center. https://isc.sans.edu Creative Commons Attribution-Noncommercial 3.0 United States License.
http://news.poseidon-us.com/T79JGf

Cybercriminals shift tactics to pressure more victims into paying ransoms

Ransomware didn’t just grow in the US in 2023, it evolved, with the frequency of ransomware claims jumping 64% year-over-year, according to At-Bay. This was primarily driven by an explosion in “indirect” ransomware incidents which increased by more than 415% in 2023 than in 2022. Standing out among the biggest loss drivers were remote access tools, which accounted for 58% of ransomware attacks. Double leverage attacks – those using both data encryption and exfiltration – … More → The post Cybercriminals shift tactics to pressure more victims into paying ransoms appeared first on Help Net Security.
http://news.poseidon-us.com/T76wBJ

Consumers continue to overestimate their ability to spot deepfakes

The Jumio 2024 Online Identity Study reveals significant consumer concerns about the risks posed by generative AI and deepfakes, including the potential for increased cybercrime and identity fraud. The study examined the views of more than 8,000 adult consumers, split evenly across the United Kingdom, United States, Singapore and Mexico. The results suggest nearly 72% worry on a day-to-day basis about being fooled by a deepfake into handing over sensitive information or money. Only 15% … More → The post Consumers continue to overestimate their ability to spot deepfakes appeared first on Help Net Security.
http://news.poseidon-us.com/T76r8l