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Home » data breach costs

Articles Tagged with ''data breach costs''

Woman working on computer

Why every business needs a data security strategy

Simister headshot
Aidan Simister
April 11, 2025

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


Read More
PayPal logo

PayPal ordered to pay $2M in settlement from 2022 breach

Jordyn Alger, Managing Editor, Security magazine
Jordyn Alger
January 30, 2025

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


Read More
Data Breach
Education & Training

Data breaches: Preventing and responding

Proper preparation and response is essential when managing a data breach.
Jordyn Alger, Managing Editor, Security magazine
Jordyn Alger
December 12, 2024

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


Read More
Gavel and block

Data breach costs: Geico and Travelers fined $11.3M by New York State

Jordyn Alger, Managing Editor, Security magazine
Jordyn Alger
December 2, 2024

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


Read More
Amazon package

Security experts respond to the Amazon employee data breach

Jordyn Alger, Managing Editor, Security magazine
Jordyn Alger
November 15, 2024

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


Read More
Office space with gray walls and brown chairs

99% of CISOs report fear over losing positions due to a data breach

Security Staff
October 25, 2024

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


Read More
Laptop open on couch with multicolored text on screen

53% of survey respondents admit to paying over $500,000 ransom

Security Staff
October 15, 2024

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


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Drawing a flowchart

Recovery point objectives 101: Planning for cyberattacks

Thorsen headshot
Todd Thorsen
July 1, 2024

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


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Person using laptop in hospital

87% of medical practice data is digital

Security Staff
May 22, 2024

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


Read More
Person typing on laptop

Insider-driven data loss incidents cost an average of $15 million

Security Staff
March 6, 2024

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


Read More
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