While casting blame for your local team’s loss on Sunday may make for great sports talk, asserting blame for your company’s data breach is an uncomfortable exercise of self-effacement. It is a matter that many company leaders are struggling with. According to a recent survey conducted by the Ponemon Institute, 67% of CISOs expect a data breach or cyberattack in 2018.
Phishing emails remain the number one delivery mechanism for ransomware. The ransomware attack on the Lansing Board of Water and Light in Michigan, which forced the utility to shut down its accounting system, email service and phone lines, succeeded because a single employee opened an attachment to a phishing email.
Patching used to need more planning and manual intervention, but as internet access has improved, many manufacturers now provide built-in Updater Services. Microsoft have taken this further, resorting to patch-guerilla tactics: Ambush Updates. They know what’s best for you, and if you won’t restart your PC then they will. Usually this will always be when it’s least convenient for you, such is Murphy’s Law.
After a data breach, regulators strive to evaluate if an enterprise fulfilled "reasonable" cybersecurity standards… without defining what "reasonable" looks like.
More than 7 million data records are stolen every day.
As companies and businesses rely more on technological advancements to collect and store consumer information, they run the risk of exposing sensitive data to anyone from malicious groups to tech-savvy individuals.
A study IBM Security and conducted by Ponemon Institute found that the average cost of a data breach globally is $3.86 million, a 6.4 percent increase from the 2017 report.