9 in 10 employees re-use passwords in workplace, survey shows

Open-source password manager Bitwarden has announced the results of its 2023 Password Decisions Survey. The survey, which polled 800 IT decision-makers across a wide range of industries, shows that passwordless technology is here to stay. According to the survey, roughly half of respondents deploy or have plans to deploy passwordless technology. Of that percentage, 66%…

Almost 40% of businesses lose over $100,000 per cyberattack

37% of companies lose over $100,000 per cyberattack. 24% of businesses lost between $50,000 and $99,999. Cybercriminals stole between $500,000 and $999,999 from 11% of businesses. Nearly one-third (31%) of businesses experienced disruption of partner and customer operations and theft of financial information. Successful cyberattacks can cause significant financial losses and harm to businesses. According…

Trojans targeting mobile banking reached all-time high first half of 2022

The majority of the population in developed countries has integrated mobile banking into their everyday lives surprisingly quickly and seamlessly.   The adoption of mobile banking was successful because financial institutions and fintechs ensured that the applications were user-friendly, convenient, and extremely secure.   However, since financial gains from finding loopholes in mobile banking applications…