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…

2018 Was Second-Most Active Year for Data Breaches

More than 6,500 data breaches were reported in 2018, a new report from Risk Based Security shows. The breaches, both big and small, were reported through Dec. 31, 2018 — marking a 3.2% decline from the 6,728 breaches reported in 2017 and making it the second-most active year for data breaches on record. Some 5…

Data revolution backlash: Consumers prepared to take decisive action if organizations mishandle data

US consumers believe technological advancements pose a risk to their data privacy; believe it is the responsibility of organisations to make the purpose of data use clear and say organisations that fail to protect people’s data should face immediate penalties from regulators, according to a survey conducted by Edelman Intelligence. The research found that the…

Get serious about consumer data protection

The idea that organizations should be doing more to protect the personal data they hold about individuals has been gaining ground in recent years. The European Union’s General Data Protection Regulation (GDPR) sparked a scramble to operationalize data management and security. If you thought that it was a one-off, then the incoming California Consumer Privacy…

Cybersecurity – how confident (complacent?) are you?

Attention all cybersecurity professionals! We all know that today’s cybersecurity landscape is an ever-changing one. So how often should organizations review their cybersecurity strategy? If it’s a question that hasn’t been asked in a while, chances are that in this world of constant threat, you’re probably at risk. For despite the near constant stream of…

7 Ways to Prepare for a Cybersecurity Audit

Data breaches, phishing attacks, information disclosure – the Internet can be a scary place. Conducting a cybersecurity audit (or getting a third-party assessment) is a great way to understand your organization’s cybersecurity posture. But, like preparing any exam or review, getting ready for a cybersecurity audit can be intimidating. While every security assessment will be…

When It Comes to Cyber Risks, 2018 Is No Time to Play Games

While some organizations have spent decades fine-tuning their ability to respond to and manage cyber risks, far too many are still playing games with their security strategy. From a cybersecurity perspective, 2017 will go down as a record year for data breaches. The Identity Theft Resource Center (ITRC) reported 1,579 breaches, up 45 percent from 2016. By…