IBM Security has released results of a global study examining the financial impact of data breaches, revealing that these incidents cost companies $3.86 million per breach on average, and that compromised employee accounts were the most expensive root cause. Based on in-depth analysis of data breaches experienced by over 500 organizations worldwide, 80% of these […]
2020 Cost of a Data Breach Report Read More »
Executive Summary In 2019, Gartner estimated worldwide spending on information security-related products and services would be $124 billion1 – increasing 8% from 2018. And the number of consumers and organizations impacted by breaches and malicious attacks continues to grow. For the second year of this report, personally identifiable information (PII) was the most targeted data
ForgeRock Consumer Identity Breach Report Read More »
Transitioning to the Cloud Safely and Strategically Even though the cloud is promoted as more secure than ever today, companies are experiencing an increasing number of data breaches. Why the apparent contradiction? Often, cloud customers lack a comprehensive understanding of cloud architectures and who is responsible for securing their data. Before organizations embark on their
Cloud security risks & how to mitigate them Read More »
It’s human nature: people reuse passwords. Unfortunately, those reused passwords can easily become exposed to cybercriminals and used for malicious intent. According to the 2019 Verizon Data Breach Report, the use of weak and stolen credentials ranked as the most common hacking tactic for the third year in a row. Password reuse represents a particularly
Breach Exposure of the Fortune 1000 Read More »
Businesses spend millions of dollars each year to secure customer data, applications, networks, and proprietary information. Yet, these businesses are frequently breached. For example, 58% of companies faced a significant security incident in the last year, as the number of threats and sophistication of attacks grew around the world. As a result, IT organizations are
To Enable Zero Trust, Rethink Your Firewall Strategy Read More »
Security professionals’ overconfidence in security tools leads to data breaches, vulnerabilities and wasted time and money Today’s security operations teams face an unrelenting stream of attacks from both outside and inside of their organizations. Security operations teams are dealing with tool sprawl which may inadvertently compromise their security tools’ capabilities, while misconfigurations can result in
Security Operations Effectiveness Read More »
The report revealed that despite improvements in combating cybercrime and threats, IT security professionals are still struggling to fully secure their organisation and protect against breaches with 61 percent claiming to have experienced a data breach at their current employer. Adding to this challenge, data breaches are becoming more serious as cybercriminals continue to target intellectual property putting the reputation of the company brand at risk and increasing financial liability.
Grand Theft Data II – The Drivers and Shifting State of Data Breaches Read More »
The global survey explores the visibility, control, and management that IT organisations in the U.S., APAC, Europe and the Middle East have over employees, contractors, and third-party vendors with privileged access to their IT networks. According to the report, 64% of businesses globally believe they’ve likely had either a direct or indirect breach due to misused or abused employee access in the last 12 months, and 62% believe they’ve had a breach due to compromised vendor access.
Privileged Access Threat Report Read More »
The report on data breaches in Australia has seen a significant increase in reported data breaches in the financial sector.
Notifiable Data Breaches Quarterly Statistics Report Q2 2019 Read More »
McAfee has released its McAfee Labs Threats Report: August 2019Â examining cybercriminal activity and the evolution of cyber threats in Q1 2019. McAfee Labs saw an average of 504 new threats per minute in Q1 and a resurgence of ransomware along with changes in campaign execution and code
McAfee Labs Threats Report: August 2019 Read More »
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