Data breach

Here Are The Unbelievable Ways Equifax Continues To Live In Denial

Just a year after its record-breaking fiasco—and arguably one of the biggest data breaches in history—the credit bureau, Equifax, is back in business. But at what cost? After weathering a major storm of legislative and regulatory inquiries, leaders in the company have yet to make any significant business decisions about how to improve their business

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You Need To Know Why Human Error Is Now The Biggest Threat

Of all the digital threats organizations are facing today, nothing beats the worst of the worst, otherwise known as human error. Data theft, information leaks, virus infections, spear phishing, spam, identity theft, corporate espionage, and the latest, cryptojacking infections are now all working together to compromise the systems and steal the data of online businesses.

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Ponemon Institute And IBM Reveal The Disturbing Cost Of A Data Breach

Ponemon Institute in partnership with IBM has recently launched the 2018 Cost of Data Breach report. It comes with a corresponding calculator to give companies a close estimate of the possible business cost if they become a victim of a data breach or security attack. Cost of Data Breach is a yearly report released publicly,

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These Simple Lessons Could Prevent The Loss Of Your Data

The recent implementation of GDPR and the race for increased corporate compliance with issues of privacy has generated a lot of noise in the cybersecurity industry, most of which stems from a lack of overall understanding about the new measures—and what they mean for the future of online business. An article recently published by Motherboard suggests

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Sheffield Credit Union Cyber Attack Affects Thousands of Members

A massive cyber attack at the Sheffield Credit Union has impacted thousands of its members; it’s reported that the attack has led to thousands of members getting their personal data compromised. The Sheffield Credit Union, which offers loans and savings schemes, was reportedly targeted and attacked by hackers in February; the incident came to light

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The University of Greenwich Suffered A Breach And A Heavy Fine

The University of Greenwich has suffered a data breach, following which the Information Commissioner has imposed a fine of £120,000 ($160,000) upon the University; the breach involved the personal data of almost 20,000 people. A release from the Information Commissioner’s Office (ICO) says- “The University of Greenwich has been fined £120,000 by the Information Commissioner

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Hackers Steal Millions From Mexican Banks By Targeting Payment Systems

Mexico’s central bank Governor Alejandro Diaz de Leon told journalists late Monday that the attack on the payment system was unprecedented and that he hoped that measures being taken would stop future incidents. Hackers have managed to get away with hundreds of millions of pesos from leading Mexican banks by targeting the payment systems. Reuters

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Why Is Cybersecurity Such A Hassle For Small Businesses?

We don’t frequently hear reports about the hacking of small businesses, mainly because these kinds of attacks aren’t public knowledge. The news regularly reports regarding large corporations confronting massive data breaches where the individual data of millions of consumers was possibly leaked. The reason small businesses are engaging targets is that hackers know these companies

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Just One Percent Of Media Companies Love Their Cybersecurity

A recent study shows that only one percent of media companies are really confident in their current cybersecurity measures. The report titled ‘The State of Media Security,” published by Akamai of the CDN (Content Delivery Network), a service company based in Cambridge, Massachusetts has issued the new findings. The report, based on a survey conducted by

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What’s The Number One Stock In The World Of Cybersecurity?

The cybersecurity industry saw impressive growth last year as corporations scrambled to get their houses in order following a series of serious breaches throughout the year. For example, the economic damage of ransomware attacks (which lock computer screens and demand a ransom) grew to an estimated $5 billion in 2017 from just $325 million in

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