data breach

Cost of data breaches to surpass $5 trillion in 2024
A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This …

3,813 breaches were reported through June 30, exposing over 4.1 billion records
The number of reported breaches has gone up by 54% and the number of exposed records by 52% compared to the first six months of 2018 according to the 2019 MidYear QuickView …

Many companies don’t know the depth of their IoT-related risk exposure
In the digital age, cyber is everywhere. Cyber risk now permeates nearly every aspect of how we live and work. Organizations should better understand how to manage the risks …

53% of enterprises have no idea if their security tools are working
The majority of organizations don’t know if the security tools they deploy are working, and are not confident they can avoid data breaches, according to AttackIQ. AttackIQ …

Capital One breach: Info on 106 million customers compromised, hacker arrested
Capital One, one of the largest banks in the United States by assets, has announced that it has suffered a massive data breach affecting the personal and financial information …

How to secure your data as you go digital
To scale more efficiently and serve customers better, companies are moving more workloads and services to the cloud. According to IDG, 37 percent of companies are increasing …

Every minute, $2.9 million is lost to cybercrime
Cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion, according to RiskIQ. Top companies pay $25 per minute due to security …

Employees overestimate the efficacy of their workplace’s email security strategy
22 percent of businesses have experienced a data breach – defined as loss of confidential data or credentials, compromised account loss, or fraudulent financial transactions – …

Average data breach cost has risen to $3.92 million
The cost of a data breach has risen 12% over the past 5 years and now costs $3.92 million on average, according to IBM. These rising expenses are representative of the …

Data breach fallout haunts companies long after the fact
Data breaches have become a priority in most business’ cybersecurity agenda. The series of breaches that companies experienced in 2018 emphasized what security experts …

What you should know about the Equifax data breach settlement
Equifax has agreed to pay at least $575 million, and potentially up to $700 million, as part of a global settlement with the Federal Trade Commission, the Consumer Financial …

4 years after data breach, Slack resets 100,000 users’ passwords
Roughly 100,000 Slack users are getting their password reset and will have to choose a new one. The reason? During the data breach the company suffered in 2015, the attackers …
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