Top 5 cybersecurity facts, figures, and statistics for 2017

1. Cybercrime damage costs to hit $6 trillion annually by 2021. It all begins and ends with cybercrime. Without it, there’s nothing to cyber-defend. The cybersecurity community and major media have largely concurred on the prediction that cybercrime damages will cost the world $6 trillion annually by 2021, up from $3 trillion just a year […]

4 Reasons Cybercriminals Have an Edge

Did you know that six years ago, cybersecurity didn’t even rank in the top ten risks prioritized by company boards? Today, we live in a world where cybercriminals seem to have the advantage as they continually find new ways to steal sensitive information. Despite organizations across the globe spending more than ever to manage cyber […]

Data breaches spiked by 86 percent in 2016; roughly 1.4 billion records compromised

“Upwards of 1.4 billion records were compromised during the last calendar year, researchers said Tuesday, indicating an 86 percent increase over 2015. A total of 1,792 separate breaches were reported worldwide in 2016, according to the annual Breach Level Index published Tuesday by Gemalto, a Dutch digital security company, in turn affecting the integrity of […]

DATA BREACH REPORTS SET TO “SKYROCKET” IN 2017 THANKS TO PASSING OF DIGITAL PRIVACY ACT

“Reports of data breaches in Canada will “skyrocket” this year, Kevvie Fowler, KPMG’s national leader of cyber response in Canada, has predicted to the CBC. Upcoming changes in Canadian privacy law, as well as guidance from the Canadian Securities Administrators (CSA), will force companies to be more transparent about cyberattacks than they have in the […]

31 Health Data Breaches Disclosed in January as HHS Fines for Late Reporting

“2017 has kicked off with a huge proportion of insider threats, as January data from disclosed breaches reveals that 59.2% of breached patient records were the result of insiders.  This month’s health data breaches reinforce the importance of health data security, as the need to protect patient data from insiders continues to loom large.  Healthcare […]

Most US firms would pay to avoid data breach shame going public

“The majority of US businesses admit they would pay hundreds of thousands of dollars rather than deal with the aftermath of a data breach going public. According to new research from Bitdefender, two-thirds of 250 IT decision makers at enterprise firms say their companies would pay $124,000 to avoid public shaming after a data breach, […]

Victims of W-2 phishing scams (2017 list)

“When someone appearing to be your boss emails you and says they urgently need you to send them employees’ W-2 information from 2016, what do you do? Well, if you haven’t been trained properly or reminded often enough – or if your employer doesn’t have safeguards in place that might prevent you from just sending […]

Online Security Survey: Six in Ten Americans are Data Breach Victims

“A large majority of Americans have been victims of one form of data theft or fraud or another, according to Pew Research Center’s latest online security survey. Americans not only are concerned about online threats from cybercriminals, they’re concerned about unauthorized surveillance and us by corporations and government. In addition, a substantial share believe their […]

Number Of Data Breach Disclosures Jumped 40% in 2016

“Though there were no mega breaches, 2016 had more breaches on record than any previous year, according to a new report. Last year witnessed few data breaches of the kind that rocked 2015 when organizations like Anthem, the Office of Personnel Management and Ashley Madison reported security incidents involving tens of millions of personal records. […]