Fewer (but bigger) breaches in 2016, as average breach cost falls to $3.6m
The cost to firms of a data breach is high – $3.6 million on average – but that’s down from last year, a study by IBM and The Ponemon Institute finds.
Behind Breaches: Lots of Outdated Software
A study by the firm BitSight finds a correlation between out of date software, data breaches, and other cyber incidents.
Report finds FDIC Still Struggling on Security
After a string of high profile breaches, the FDIC is still struggling to implement a security program and control access to its network, GAO found.
Dialing back the crazy on hack back law
Changes to a proposed law would dial back the crazy on efforts to let breached firms ‘hack back’ against their assailants.
WannaCry: What’s in a name? Confusion.
The WannaCrypt ransomware was nothing special. Companies were done in by nasty software exploits and endemic insecurity in the form of unpatched and unpatchable legacy systems.
Mass Breach a Big Concern for Risk Experts
Asked about the possibility of systemic cyber attacks, risk experts cited the possibility of a mass breach in industries like healthcare and finance as a top concern.
Last Year: The Worst Year (Again) for Healthcare Data Breaches
A report from the firm Bitglass said healthcare breaches hit an all-time high in 2016, amid warnings that even pediatric patient data is being used by cybercriminals and identity thieves.
2017 Data Breach Report Finds Phishing, Email Attacks Still Potent
Phishing of employees and malicious attachments sent in email messages are still the main causes of data breaches, despite warnings, Verizon said in its latest Data Breach Investigation Report.
New report on security incidents finds: it’s the detection, stupid
A new report underscores the importance of early detection of cyber incidents in limiting their severity.
Survey Finds Breaches Depress Share Prices – a lot
A study by the firm CGI and Oxford Economics finds that share prices of breached firms drop by an average of 1.8% following a severe breach – and the hit is often permanent.
2017 Gartner DLP MQ