Digital due diligence – the new front line in business valuation

What is digital due diligence?  Due diligence is the investigation and audit based on the examination of financial records, compliance and legal, before entering into a proposed transaction with another party. It is performed to confirm the facts or details of a matter under consideration – typically an acquisition. Due diligence will typically consider the structure, assets, and liabilities that …

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Businesses suffering repeated breaches due to app security flaws

Sub-par cybersecurity in business apps has led to the average organization being breached twice in the past year, a new report from Barracuda claims. The cloud security firm polled 750 application security decision-makers for its “State of application security in 2021” paper and found that a third (32 percent) suffered two breaches as a result of poor application security. Roughly …

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Online shoppers are turning to guest checkouts due to security fears

To avoid sharing private and sensitive data with retailers and other companies, almost a quarter of online shoppers (22 percent) opt for a guest account. This is according to a new report from global commerce search and discovery platform, Empathy.co. Polling 4,000 online shoppers in the UK, the company not only identified increasing awareness of sensitive data among consumers, but …

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Businesses still suffering downtime due to network security issues

Cybercriminals are still managing to capitalize on remote working to cause disruption for businesses, more than a year since working from home became the norm. This is according to a new report from the Neustar International Security Council (NISC), which claims that more than half (54 percent) of organizations still suffer downtime as a result of network security issues. Companies …

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Many small businesses could face collapse due to security risks

More than a million small and medium-sized businesses (SMB) in the UK would be forced to shut up shop in the event of a cyberattack. This is according to a new report from Vodafone, which asserts that many companies cannot afford to absorb the costs associated with addressing a cyberattack. Polling more than 500 business leaders for the report, Vodafone …

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Public sector working has changed for good due to the pandemic

Prior to the pandemic, extensive regulation was one of the key roadblocks faced by public sector firms that wanted to adopt remote and hybrid working practices. However, Covid-19 has changed all that, steering public sectors organizations down the remote working path. This is according to a new report from cloud provider Nutanix, which states that fewer than 15 percent of …

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Businesses knowingly deploy vulnerable applications due to time pressures

Many businesses are being forced to deploy vulnerable applications due to time pressures and economic considerations, creating a wealth of opportunity for cybercriminals, new research has warned. According to a report from silicon design firm Synopsys based on a survey of cybersecurity and development professionals, nearly half (48 percent) of businesses knowingly push vulnerable code to production in order to …

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