6 Potential Long-Term Impacts of a Data Breach
A data breach can destroy a business. For small- and medium-sized businesses (SMB), this is really especially concerning, as 60% will shut down within six months of the attack. While larger companies and agencies likely won’t have to shut their doors, they, too, suffer serious consequences. There are financial costs, which Ponemon Institute and IBM…
The Often-Overlooked Element of a Hack: Endpoints
The number of data breaches has skyrocketed during the ongoing health crisis, as hackers have taken full advantage of these uncertain times. According to the FBI’s 2020 Internet Crime Report, complaints soared by 69.4% in the last year. Unfortunately, media coverage of mega breaches (e.g., SolarWinds, Capital One) often puts a spotlight on the tail…
Unemployment Fraud – Preying on Those Most in Need
The Covid-19 pandemic has been raging for nearly a year now. With the pandemic has come a tremendous amount of uncertainty. Many of us wonder when we will be able to return to normal life, when we will be able to see family and friends, and when we might resume those everyday activities we used…
Take a Data-Centric Approach to Zero Trust to Protect Your Most Critical Assets
For many of us, children are our most critical assets. In order to protect what is important to us, we work hard to know where they are and what they are doing at all times — particularly during those pesky teen years. We also take steps to protect the places where they spend their time….
Effective Data Security Begins With a Strong Tech Foundation
Data is the engine of the modern economy. Whether it consists of customer data, intellectual property, market insights or financial information, these types of sensitive data enable the most successful businesses to thrive. It’s no surprise, then, that securing that critical data is increasingly a strategic priority for organizations around the globe. Not all organizations,…
Artificial Intelligence (AI) and Security: A Match Made in the SOC
Change is constant in cybersecurity — continual, rapid, dynamic change. It’s impossible to maintain an effective defensive posture without constantly evolving. Security measures that worked in the past will not be effective today, and today’s security controls will not be effective tomorrow. Many factors contribute to this rapid pace of change. Attacks are on the…
What Is the Biggest Challenge Facing Endpoint Security? Hint: It’s Not Malware
The need to achieve responsible enterprise security has taken center stage in enterprise IT management in recent years, precipitated by a deluge of public data breaches that damaged company reputations. However, lacking information on the most critical modern attack vectors, many organizations continue to rely solely on traditional virus scanning tools as their sole method…
How much does it cost to launch a cyberattack?
Companies spend big to defend their networks and assets from cyber threats. Kaspersky Labs has found security budgets within enterprises average around $9 million per year. On top of that, data breaches cost companies millions of dollars. Yet, cheap, relatively easy-to-use off-the-shelf hacking tools make the barrier to entry for cybercriminals incredibly low. Cyber attacks…
Perceptions on the impact of data breaches and identity protection
4iQ recently completed research focusing on Americans’ attitudes about cybersecurity breaches and the efforts that organizations make to mitigate breaches’ effects on identity theft. Where’s the data? The findings indicate that a large proportion of Americans (44%) believe their personally identifiable information (PII) has been stolen as a result of a data breach. A strong…
Financial Impact of Cybercrime Exceeded $45B in 2018
Cybersecurity incidents cost an estimated $45 billion in 2018, according to a new report that aggregates data from different types of reported security incidents from around the world. It’s difficult to get a complete picture of the cyber incident landscape, says Jeff Wilbur, technical director of the Internet Society’s Online Trust Alliance (OTA), which today…