data breach
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 …
Small and mid-sized organizations remain especially vulnerable to persistent compromises
Despite sophisticated prevention security tools, small to mid-sized organizations continue to be especially vulnerable to long lasting breaches due to their inability to …
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 …