One Article Review
| Source |  CSO |
|---|---|
| Identifiant | 8300630 |
| Date de publication | 2023-01-12 10:00:00 (vue: 2023-01-12 19:05:46) |
| Titre | BrandPost: How Financial Institutions Can SOAR to Success with Devo SOAR |
| Texte | According to the 2022 IBM Cost of a Data Breach Report, the global average cost of a data breach is $4.35 million. Data breaches in the US are even more costly, averaging over $9 million. However, it isn't just the big players caught in the line of fire. IBM's report also found that 83% of companies will experience a data breach soon, meaning financial institutions of all sizes - from local credit unions to Fortune 500s - are at risk. While ransomware attacks get the most time in the financial headlines, most breaches aren't caused by external factors or threat actors. The majority of system availability problems actually occur due to a lack of staff knowledge and protective protocols, software issues and limited security visibility across the institution. However, “more visibility” is not synonymous with “seeing more alerts.” In fact, the opposite is true. Keep reading to see how Devo SOAR helped a leading US bank streamline its SOC.To read this article in full, please click here |
| Envoyé | Oui |
| Condensat | 2022 500s according across actors actually alerts all also are aren article attacks availability average averaging bank big brandpost: breach breaches can caught caused click companies cost costly credit data devo due even experience external fact factors financial fire fortune found from full get global headlines helped here how however ibm institution institutions isn issues its just keep knowledge lack leading limited line local majority meaning million more most not occur opposite over players please problems protective protocols ransomware read reading report risk security see sizes soar soc software soon staff streamline success synonymous system threat time true unions visibility visibility” will while “more “seeing |
| Tags | Ransomware Data Breach Threat Guideline |
| Stories | |
| Notes | ★★ |
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