Digital transformation increases risk of cyberattacks

The drive to digital transformation is exposing companies to higher and more costly cyber risks according to a new study of over 1,300 businesses. The study from research firm ESI ThoughtLab, together with a cross-industry coalition of organizations, including HP, KnowBe4, Opus and others, shows that cyber risks rise dramatically as companies embrace new technologies, adopt open platforms, and tap into the ecosystems of partners and suppliers. While firms now report the biggest impacts as being from malware (81 percent), phishing (64 percent), and ransomware (63 percent), in two years they expect massive growth in attacks through partners, customers and… [Continue Reading]