External attacks on companies result in the most expensive cyber insurance losses but it is employee mistakes and technical problems that are the most frequent generator of claims by number,...
Nov 19, 2020
Data breaches cost companies USD 3.86 million per breach on an average, and that compromised employee accounts were the most expensive root cause, according to IBM Security-Ponemon Institute’s 2020...
Aug 03, 2020
2019 saw login pages as prime targets for fraudsters across different verticals. They are using bad bots to carry out two types of online fraud: (1) account takeover to steal PII and payment card...
May 20, 2020
Financial gain remains the key driver for cybercrime with nearly nine in 10 (86%) breaches investigated financially-driven, according to Verizon’s 2020 Data Breach Investigations Report. The vast...
May 19, 2020
42% of companies experienced a data loss event that resulted in downtime last year, according to Acronis’ 2020 World Cyber Protection Week Survey. That high number is likely caused by the fact that...
Apr 01, 2020
Organizations reached a global cloud tipping point causing them to struggle with security challenges of digital transformation (DX), according to a Thales study. Today, half (50%) of all corporate...
Mar 24, 2020
Small companies are being hit with more data breaches, according to cybersecurity firm, Kaspersky. As per its reports, more than a third (36%) of all of such organizations has been victims of data...
Sep 11, 2019
The cost of a data breach has risen 12% over the past 5 years and now costs USD 3.92 million on average, according to results of IBM Security’s annual study examining the financial impact of data...
Jul 24, 2019
Companies are more connected to their customers now than ever before. After spending billions to digitally transform themselves, organizations have exponentially increased the number of touchpoints...
Jul 09, 2019
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 Investigations Report....
May 08, 2019
Data breaches are becoming more serious as cyber criminals continue to target intellectual property, putting the reputation of company brand at risk and increasing financial liability. As a result of...
May 01, 2019
Cybercriminals are deviating towards a more focused approach against targets by using better obfuscation techniques and improved social engineering skills as organizations improve in areas such as...
Apr 26, 2019
A vast majority of organizations surveyed are still unprepared to properly respond to cybersecurity incidents, with 77% of respondents indicating they do not have a cybersecurity incident response...
Apr 12, 2019
A majority of consumers are willing to walk away from businesses entirely if they suffer a data breach, with retailers most at risk, according to Gemalto. Two-thirds (66%) are unlikely to shop or do...
Dec 13, 2018
Rather like the never-ending pool of news stories about Brexit, many of us have tuned out of reports about data breaches – whether criminally motivated or human error – simply because they’re so...
Sep 18, 2018
Globally, there is a lot of work going on to protect personal individual data. While GDPR has just kicked off in Europe, similar legislations are in the making in various parts of the world,...
Aug 08, 2018
Adidas is in headlines for wrong reasons. No, not because two of the serious contenders decorated by it—Germany and Spain—failed to make it to the round of 16 in the ongoing world cup, while all the...
Jul 05, 2018
According to new information updated by Facebook's CTO Mike Schroepfer on its official blog, the company has revealed that more data (37 million more than previous estimates) may have been shared...
Apr 05, 2018
Ensuring a secure supply chain is a necessary precondition in today’s world of commerce. The digital supply chain has emerged as the weakest link for the potential insertion of malware backdoors....
Mar 20, 2018
Today organizations are spending a lot of money, time and efforts on Data Protection. It is crucially important for companies to meet customer expectations, maintain high level of productivity,...
Mar 05, 2018
Some 10,000 credit or debit card holders have been affected by a data breach reported by Punjab National Bank (PNB), which is already reeling under a multi-crore rupee financial fraud by two fugitive...
Feb 23, 2018
In a bid to safeguard the world from hackers and growing data breaches -- especially from nation-states -- the World Economic Forum (WEF) announced a new Global Center for Cybersecurity.Headquartered...
Jan 24, 2018
The Los Angeles City Attorney has sued global ride-hailing app Uber, saying that the company broke California law when it failed to disclose a data breach that exposed the license numbers of 600,000...
Dec 05, 2017
Data breaches may be a significant risk for the businesses today and may look really unpredictable but there are recurring combinations of actors, actions, assets and attributes that define each of...
Feb 14, 2017
Just before the festive season, Indian consumers were hit with the news of a widespread breach with their debit cards, involving possibly 19 banks, though none is sure what the actual number could be...
Dec 05, 2016
In a latest revelation, Yahoo admitted that at least 500 million user accounts were breached in 2014. As per the investigation, user data including names, email addresses, telephone numbers, dates of...
Sep 23, 2016
As many as 69% of IT and information security decision makers are insecure about the effectiveness of their perimeter security system to tackle attacks. Despite that, organizations continue to invest...
Jun 10, 2016
Negating the media hypothesis that consumers may be getting used to data breaches—thanks to an increasing number of incidents—a recent research has confirmed that data breaches can significantly...
Jan 08, 2016
As many as 888 data breach incidents occurred globally in the first six months of 2015, compromising 246 million records, according to the latest Breach Level Index published by digital security...
Sep 11, 2015