Security research suggests one out of five breaches are cloud related and the retail industry continues to be one of the top sectors likely to be breached with the average cost totaling more than $2 million per breach.1 With 75% of databases expected to be deployed or migrated to the cloud by 2022,2 retail organizations must prepare for elevated breaches that will come with the expanded attack surface of the cloud.
Data breaches can take the better part of a year to identify and contain. Measuring expenses can be a painstaking and long-term process. Some figures may be a bit more obvious to track - for example, notification expenses, insurance costs, and loss of revenue due to shut down. What’s not always always clear is whether regulatory fines will be levied. Even more opaque is quantifying the hit to brand value. Two organizations are looking to shed some light on this last cost by studying the long-term impact breaches have on the value of the world's top brands.
2020 will go down in infamy for many reasons, but as millions of people have struggled with a pandemic throughout the past year, organizations have had their own crises to deal with. With more activity in the cloud than ever before, data breaches have affected everyone from small businesses to Fortune 500 companies. In this four part series, we look back on notable breaches from 2020 and discuss how SecureCloudDB could have been employed as part of a layered defense strategy to alleviate, if not prevent, incidents like them.
Part four notes the Shopify breach that occurred in September of 2020.
Quantifying the real cost of ransomware attacks can be difficult. Contributors can include the ransom itself, cyber insurance, downtime and lost revenue, remediation and recovery, and regulatory fines as well as qualitative factors such as reputational damage or customers’ mistrust of the organization. The true costs of a ransomware attack can include amounts to be determined far beyond the immediate aftermath.
2020 will go down in infamy for many reasons, but as millions of people have struggled with a pandemic throughout the past year, organizations have had their own crises to deal with. With more activity in the cloud than ever before, data breaches have affected everyone from small businesses to behemoths. In this four part series, we look back on notable breaches from 2020 and discuss how SecureCloudDB could have been employed as part of a layered defense strategy to alleviate, if not prevent, incidents like them.
Part three below covers the Garmin breach that occurred in July of 2020.
2020 will go down in infamy for many reasons, but as millions of people have struggled with a pandemic throughout the past year, organizations have had their own crises to deal with. With more activity in the cloud than ever before, data breaches have affected everyone from small businesses to Fortune 500 companies. In this four part series, we look back on notable breaches from 2020 and discuss how SecureCloudDB could have been employed as part of a layered defense strategy to alleviate, if not prevent, incidents like them.
Part two covers the Microsoft breach.
2020 will go down in infamy for many reasons, but as millions of people have struggled with a pandemic throughout the past year, organizations have had their own crises to deal with. With more activity in the cloud than ever before, data breaches have affected everyone from small businesses to Fortune 500 companies. In this four part series, we look back on notable breaches from 2020 and discuss how SecureCloudDB could have been employed as part of a layered defense strategy to alleviate, if not prevent, incidents like them.
Part one covers the Estée Lauder breach that occurred at the beginning of 2020.
In on-premises data centers, organizations are responsible for everything from making sure no one steals the server or hard drive to making sure the operating system and routers are set up properly and data protection security measures are in place.
MGM is in the headlines again and it’s not good...
Data breaches are nothing new. They’ve been occurring for decades. Many times, cybersecurity hacks are cited as the cause. However, leaks aren’t always the result of malicious activity designed to exploit vulnerabilities. Oftentimes they occur as the result of human error, forgetfulness or lack of follow through. A security violation not only compromises the data an organization is responsible for, but also puts their reputation at risk. One such example occurred just a few weeks ago in May.