Articles Tagged with ''data breach costs''

Making an offer you can’t refuse: Ransomware gangs are the mafia of the 21st century

November 10, 2021

From ransomware to re-branding, cybercrime rings use varying tactics to disrupt and extort organizations. How can your enterprise organization best prepare?

How the cybersecurity threat landscape has changed and evolved in casinos

Stephanie Benoit-Kurtz

November 4, 2021

With a projected over $44 billion in revenue in 2021, the casino industry has become a target for cybercriminals, who attempt to attack both online betting systems and in-person machines. How can casinos protect themselves from cyber threats?

Ransomware has hit epidemic levels — does your organization have a cyberattack response plan?

Adam Belsher

November 3, 2021

Within a diversified cybersecurity strategy, digital forensic analysis can ensure that organizations have the means to react in a timely manner and, more importantly, recover from a cyberattack.

Tired employees make data breach mistakes

Stressed employees behind 4 in 10 data breaches

November 13, 2020

A recent Outbound Email Security Report revealed that stressed, tired employees are behind four in 10 of the most severe data breach incidents. As stress levels rise, rushed employees are more likely to make simple mistakes such as sending an email to the wrong person, or attaching the wrong file.

British Airways fined by ICO for data breach in 2018

British Airways fined £20M for data breach

October 19, 2020

British Airways has been fined £20M by the Information Commissioner’s Office (ICO) in a 2018 data breach scam that compromised the information of more than 400,000 customers.

Three Reasons Cybercriminals Continue to Succeed in Breaching Some of the Biggest Brands

Maxim Frolov

April 10, 2019

In 2018, we witnessed some of the biggest data breaches ever – affecting businesses and consumers alike. From social media, hospitality, healthcare and even mail delivery, 2018 proved that there is no escaping cybersecurity flaws, regardless of the type of business or its popularity. For example, we witnessed the data of approximately 500 million Marriot guests get breached and a USPS security flaw that exposed the personal data of more than 60 million people.

Q&A: How Can SMBs Keep Up with Cybersecurity Risks?

Cisco's Paul Barbosa outlines the key takeaways and surprises from the 2018 SMB Cybersecurity Report

October 1, 2018

More than half of all cyberattacks result in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs. That’s enough to put an unprepared small- to mid-sized business out of operation.

Nearly Half of All Cyberattacks Result in Damages over $500,000

April 1, 2018

Hackers are outpacing and adapting their techniques at a faster pace than defenders, and nearly half of all cyberattacks are resulting in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs.

Cybe Security Budget Chart - Security Magazine

Despite Attention on Cyber Issues, Additional Funding is Scarce

April 1, 2018

Need more cybersecurity budget? It might take a breach to get you there.

Virtualization: A Battlefield for Security Leaders

Liviu Arsene

October 5, 2017

The increasing adoption of hybrid cloud – a mix of public cloud services and privately owned data centers, already in place for 70 percent of companies on a global level – is giving rise to new security challenges and prompting CISOs to adopt different technologies to fight zero-day exploits, advanced persistent threats, and other devastating types of cybercrime.

Ransomware and the propulsion of the extortion economy has rapidly eclipsed into a national priority. Recently, we observed the catastrophic impact of a widescale ransomware attack impacting gas pipelines and raising national gas prices overnight.

Organizations rely on application innovation, particularly API-driven applications, to fuel their business transformation and growth. Attackers know this and are constantly looking for ways to find the unfindable and break the unbreakable. They’ve got tools, motivation, and time on their side.

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