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MIT Sloan Scopes Out New Cybersecurity Risks

Sheryl_Wharff Posts: 274 QUANTEXA TEAM

Cloud misconfigurations, more sophisticated ransomware, and vendor exploitation attacks are contributing to rising cyberattacks.

Despite rigorous security efforts by all organizations, cybercriminals are still finding new ways to exploit personal and business data. Data breaches increased by nearly 20% in the first nine months of 2023 compared with all of 2022, and ransomware attacks escalated by almost 70% in the same time frame.

In fact, data breaches hit an all-time high in 2023 — a trend fueled by increasing online interactions that put personal data in the crosshairs of criminal activity, according to MIT professor Stuart Madnick.

Read more here …

Quantexa's Ross Aubrey shares some thoughts …

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