The Ponemon Institute released the 14th edition of its annual "Cost of a Data Breach Report" earlier this month. As you might expect, the numbers do not exactly inspire encouragement. According to the report, the average 2019 data breach cost $3.92 million, an increase of 1.3 percent over 2018. With cyberattacks growing both in volume and devastation, now is not the time to bury your head in the sand. In this week's network security news roundup, we look at data breaches affecting Florida schools, Oklahoma state troopers and the Boy Scouts of America.
For anyone who has been in business or IT, 2020 has taken on a semi-mythical place in our predicted futures, and not just in some of the amazing and fantastical predictions of the 19th century. We’ve all seen countless estimates and predictions of what to expect in 2020. Now that we are nearly two decades into this century and in close proximity from the year 2020, we can take a look at what we’ve seen in 2019 so far and finally begin to predict more accurately some of the cybersecurity threats we will likely be facing in healthcare in 2020 and beyond.
Far too often, companies with compromised credentials for sale on the dark web don’t know it until informed by law enforcement. Unfortunately, by that time, it’s probably too late. Are your business credentials getting sold on the dark web? Find out for sure with a complimentary, one-time dark web scan from Capital Network Solutions and ID Agent.
The newly released 2019 MidYearQuickView Data Breach Report offered some sobering facts about recent data breaches. Perhaps the most alarming finding from the report by RiskBased Security is that the majority of breaches exposed 10,000 or fewer records. In other words, no target is too small to get attacked. It’s all about the data. In this week's cyberattack news roundup, we look at attacks on a Catholic school in Colorado, a synagogue in Florida, and almost the entire Texas state government.
Security breaches and their business impacts make the headlines frequently, underscoring the need for more stringent security. One in five organizations lost customers as a result of a cyberattack, while nearly 30 percent lost revenue. At the same time, roughly one-third of U.S. businesses reported a data breach of customer information at some point. Meanwhile, 74 percent of IT leaders say that security concerns hold them back from moving to the cloud. "Exposing the Top 4 Myths of Cloud Security (Get Started with Office 365)" is a downloadable eBook that dispels some of the most common misconceptions about the Microsoft cloud.
Small businesses suffered over 1,200 data breaches in 2018, exposing over 446 million records in the process. Meanwhile, the majority of small companies go belly up within one year of a successful cyberattack. Data breaches can be devastating to SMBs, to say nothing of a startup business. Click the link for expert advice on improving the efficiency, productivity, security and success of your startup.
Lilly is based in Indianapolis, but it maintains offices in 18 countries around the world. That makes collaboration difficult, especially given the long, expensive, complicated and regulation-heavy process of developing new drugs. Working with the integrated capabilities of Microsoft 365 helped Lilly share and analyze data faster and easier, which dramatically increased productivity.
Despite the prevalence of malicious cyber breaches, many organizations still fail to prioritize information security. Roughly 67 percent of SMBs experienced a cyberattack last year, but 60 percent of SMBs do not have a cyberattack prevention plan in place. Meanwhile, only 9 percent of SMBs rank cyber security as a top priority, while 18 percent rate it as their lowest priority. At Capital Network Solutions, we try to close this dangerous knowledge gap by collecting and compiling news stories about cyber breaches. In this week's roundup, we look at attacks on the LAPD, the FDNY, and the largest property and casualty insurer in the country.
According to a recent study by IBM and Sophos, U.S. data breaches cost an average of $8.19 million. That's more than double the worldwide average. The costs of a data breach are especially devastating to small businesses, but too many organizations wait to do something until it's too late. In this week's collection of cyber breach news stories from across the country, we look the Capitol One breach, as well as cyberattacks on a museum in San Francisco, a school district in Nevada and a radio station in Florida. We also provide an update on the 2017 Equifax security incident, which recently resulted in the biggest data breach fine of all time.
As cybercriminals develop increasingly advanced methods of breaching your business network and hijacking your data, the field of cyber security awareness training has expanded in response to the threats. The top companies in the security awareness training field combine interactive training modules, simulated phishing attacks, real-time reporting and frequent follow-ups to help transform your employees into human firewalls. Click to read more about the top cyber security awareness training companies.