9,050,064,764 credentials have been recovered throughout 2019 which came from a total of 640 unique data breaches and include email addresses connected to plaintext passwords and usernames with plaintext passwords, SpyCloud reveals. That means, on average, each of these data breaches gave criminals more than 14 million sets of login credentials. Because people often reuse…

Despite higher levels of investment in advanced cybersecurity technologies over the past three years, less than one-fifth of organizations are effectively stopping cyberattacks and finding and fixing breaches fast enough to lower the impact, according to a report from Accenture. Based on a survey of more than 4,600 enterprise security practitioners around the globe, the…

Customer demands for increased data protection and privacy, the ongoing threat of data breaches and misuse by both unauthorized and authorized users, and preparation for the GDPR and similar laws around the globe spurred many organizations to make considerable privacy investments – which are now delivering strong returns, Cisco reveals. The study is based on…

According to a new Identity Theft Resource Center report, the number of U.S. data breaches tracked in 2019 (1,473) increased 17 percent from the total number of breaches reported in 2018 (1,257). However, 2019 saw 164,683,455 sensitive records exposed, a 65 percent decrease from 2018 (471,225,862). The 2018 Marriott data breach exposed 383 million records…

The recent high-profile ransomware attack on foreign currency exchange specialist Travelex highlights the devastating results of a targeted cyber-attack. In the weeks following the initial attack, Travelex struggled to bring its customer-facing systems back online. Worse still, despite Travelex’s assurances that no customer data had been compromised, hackers were demanding $6 million for 5GB of…

Japanese multinational Mitsubishi Electric has admitted that it had suffered a data breach some six months ago, and that “personal information and corporate confidential information may have been leaked.” The company, though, claims that “sensitive information on social infrastructure such as defense, electric power, and railways, highly confidential technical information, and important information concerning business…

While most enterprises have come to terms with the fact that a security incident is not a factor of “if,” but rather “when,” many are still struggling to translate this into the right security architecture and mindset. FireEye’s Cyber Trendscape 2020 report found that the majority (51%) of organizations do not believe they are ready…