Articles Tagged with ''data breach costs''

Data breaches frequently result in unauthorized access to confidential customer or employee financial and personal information.

The New York State Department of Financial Services has declared that PayPal will pay $2M in a settlement. 

As data breaches continue to evolve, organizations must be prepared to respond.

Geico and Travelers have been fined a combined total of $11.3 million by the state of New York.

Security leaders weigh in on the Amazon data breach, offering insights on the cause, ramifications and potential preventative measures.

Nearly all CISOs (99%) are worried about losing their positions if a breach occurs, with 77% of CISOs being very or extremely concerned.

A report found that 53% of organizations met ransom demands of more than $500,000 USD to recover access to encrypted systems and files.

Recovery point objectives and data recovery capabilities are foundational to a solid disaster recovery plan. 

According to a recent healthcare cybersecurity report, more than 25% of ransomware attacks directly impact patient care, including lost data.

Data loss caused by insider events costs an average of $15 million, highlighting the importance of information protection.