Cyber Attacks on Manufacturers Surge as IT-OT Convergence Expands Industrial Cybersecurity Risks

Global Cyber Attacks on Manufacturers Increase Sharply A recent Omdia report commissioned by Telstra International highlights a surge in cyber attacks on manufacturing firms. The study reveals that 80% of manufacturers experienced security breaches last year, yet only 45% are adequately prepared. With the rise of Industry 4.0 and IT-OT convergence, the industry faces heightened … Read more

Cybersecurity Gap: Why SMEs Must Catch Up to Large Organizations in Cyber Resilience

SMEs Struggle to Keep Up with Cybersecurity Standards Small and medium-sized enterprises (SMEs) in the European Union are falling behind larger organizations in cybersecurity, according to a new report by Marsh in collaboration with the Federation of European Risk Management Associations (FERMA). The report, Why the Cybersecurity Gap Between SMEs and Large Organisations Matters, reveals … Read more

AI vs. Fraud: How Cybercriminals Exploit Technology & The Future of Fraud Prevention

Team8’s Latest Report Highlights Emerging Fraud Threats and Strategies for Prevention The battle against fraud is entering a new phase, driven by artificial intelligence (AI) and real-time payments. A new report from Team8, Fraud Exposed: An In-Depth Look at AI and Other Disruptive Trends and Technologies Shaping the Fraud Landscape, outlines the evolving fraud landscape … Read more

Identity Governance and Administration Struggles Continue, Omada Report Finds

Cybersecurity Budgets Grow, but Identity Governance Challenges Remain Omada’s State of Identity Governance 2025 report highlights ongoing struggles with Identity Governance and Administration (IGA), even as security funding increases. Based on insights from over 500 IT and business leaders, the report reveals persistent gaps in automation, cost efficiency, and access control. Michael Garrett, CEO of … Read more

Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report

Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise in phishing, ransomware, and nation-state-backed cyber operations across global cyber threats. Hackers are leveraging platforms like Microsoft’s OneDrive, Google Docs, and Dropbox to host malicious … Read more

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