The cost of data breaches is at a record high and will likely continue to rise. The impact of a data breach is especially significant in the healthcare sector, where patient confidentiality is an obligation. Ac
A data breach, also known as a data spill ordataleak, refers to an incident that involves the unauthorized or illegal viewing, access, or retrieval of data by athreat actor– a term used to describe an entity capable of potentially attacking an organization’sdigitalinfrastructure ornetwork. It...
A data leak and a data breach may sound similar, but the two are not synonymous. A data breach is often the result of an external intrusion attempt, while a data leak results from employee negligence. A data leak can result in a data breach. This is part of an extensive series of gui...
According to the 2024 IBM Cost of a Data Breach Report, the global average cost of a data breach has reached an alarming $4.88 million. Even more concerning, 83% of organisations reported experiencing more than one breach, highlighting the persistent and evolving nature of this threat. With ...
That’s why if you’re a victim of a data breach, it can sometimes take a few days (or even longer) until someone purchases the stolen data and tries to access your account. Who’s most at risk? As mentioned, cybercriminals can target individuals, businesses, and governments. And at ...
Limit employee access: Reducing human error chances can be highly beneficial in protecting the remote cases of a data breach. Allow your employees to access only the information that they require for their tasks. If an employee leaves the company or transfers elsewhere, remove all of their inform...
such as healthcare providers, insurance companies, and hospitals, are responsible for safeguarding PHI. Unfortunately, the healthcare industry recorded the highest average cost of a data breach, reaching nearly 11 million U.S. dollars, during the period between March 2022 and March 2023, according...
Common data encryption methods like SSL certificates and DNSSEC can prevent man-in-the-middle attacks and protect the confidentiality of data being transmitted. Missing or poor encryption for data at rest can mean that sensitive data or credentials are exposed in the event of a data breach or...
At first glance, that may not sound like much until one realizes that millions of records may be compromised in a single data breach. Popular industries for MitM attacks include banks and their banking applications, financial companies, health care systems, and businesses that operate industrial ...
Table of Contents 1. Ransomware attack on a mid-size manufacturing company The incident Impact and costs Insurance response Lessons learned 2. Data breach at a healthcare provider The incident Impact and costs Insurance response Lessons learned 3. Business email compromise leading to financial loss ...