data breach
More than 2 million cyber incidents in 2018 created $45 billion in losses
The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that …
Do cloud apps make you a target for cyber attacks?
Almost half (49%) of businesses believe cloud apps make them a target for cyber attacks, a Thales research reveals. Surveying 1,050 IT decision makers globally, Thales’ 2019 …
British Airways is facing £183 million fine for 2018 data breach
The UK Information Commissioner’s Office (ICO) wants British Airways to pay a £183.39 million (nearly $230 million) fine for failing to protect personal and financial …
Cybersecurity crisis communication: How to do it well
Riviera Beach is one of the several cities and towns in Florida which have recently been hit with ransomware. Its local government, like that of Lake City before it, decided …
Cloud security exacerbated by immature security practices
Enterprises are struggling to keep up with the rapid expansion of cloud within their businesses, according to Symantec. Surveying 1,250 security decision makers across the …
Human error still the cause of many data breaches
With the incidence of reported data breaches on the rise, more than half of all C-suite executives (C-Suites) (53%) and nearly three in 10 Small Business Owners (SBOs) (28%) …
2018 in numbers: Data breaches cost $654 billion, expose 2.8 billion data records in the U.S.
Cybercriminals exposed 2.8 billion consumer data records in 2018, costing over $654 billion to U.S. organizations, according to ForgeRock. Cyberattacks to U.S. financial …
Nearly 12 million Quest Diagnostics patients affected by data breach
Quest Diagnostics, a US-based company that offers medical testing services, has announced that a third-party billing collections company they use has been hit by a data …
How to write an effective data breach notification?
Data breach notifications sent by companies to affected customers are often unclear and not very helpful, University of Michigan researchers have found. The problem(s) The …
The largest breaches over the past three years have caused massive and irreparable damage
Publicly traded companies suffering the worst data breaches averaged a 7.5 percent decrease in stock price, a Bitglass report reveals. Bitglass researched the three largest …
A deeper look: How the 281 data breaches in Q1 2019 will impact companies
High-profile data breaches show no sign of slowing down. In the first quarter of 2019, there were 281 reported data breaches, exposing more than 4.53 billion records. …
C-level executives increasingly and proactively targeted by social breaches
C-level executives – who have access to a company’s most sensitive information, are now the major focus for social engineering attacks, alerts the Verizon 2019 Data Breach …