GUEST RESEARCH: Varonis, a global pioneer in data security, has just released its 2021 Financial Services Data Risk Report, which delves into the state of data security in the banking, insurance, and investment sectors.
Financial services remains one of the most targeted industries by malicious attacks, partly due to the sensitive data it collects from customers, with the average cost of a data breach among the highest of any industry at 5.85 million USD. Despite the need to protect this sensitive data, on average, every employee has access to nearly 11 million files.
The abrupt transition to remote work has exponentially increased this risk, with employees logging in through unsecured networks and home computers. Furthermore, it has potentially increased the response time to a data breach.
Some of the key findings include:
The full Varonis report can be accessed here.
Australian online book retailer Booktopia has deployed Zebra’s TC8000 touch mobile computers in a move designed to increase the productivity and accuracy of its warehouse operations.
GUEST OPINION by Ranjith Raj Gnanapragasam, Product Manager, ManageEngine: With the volume of business data growing at an exponential rate, new approaches are urgently required to ensure it does not evolve from a strategic asset into an overwhelming problem.
I'm surprised they didn't say if Apple devices were ok to use or not?
Take comfort in that when it takes 2 hours to watch a 90 minute movie on Netflix.
"Choosing your comparisons is like marking your own homework — it's very easy to get top marks."
Yeah just what I want more spyware from our (not) trustworthy Federal Government to put on my 'phone. No chance[…]
Thx Sam - a timely reminder with historical perspective included, and great points that Australia as a tiny player on[…]