Data Breaches

What You Can Learn About Cyber Security from the Biggest Breaches in History

It feels like cybersecurity is dominating the newsfeeds, doesn’t it? There is a reason. Cyberattacks and cybercrime have risen dramatically in the last five years. 2020 broke all records in terms of data loss and the number of cyberattacks. Between 2019 and 2020 ransomware attacks alone rose by 62%, the same year that the World Economic Forum identified cyberattacks and data theft as two of the biggest risks to the global economy.

Outage or Breach - Confront with Confidence (2021)

A Recent Dice Article Titled – Data Breach Costs: Calculating the Losses referenced a 2021 IBM and Ponemon Institute study that looked at nearly 525 organizations in 17 countries and regions that sustained a breach last year, and found that the average cost of a data breach in 2020 stood at $3.86 million.

The Rising Tide of Data Breach Awareness

There’s an old saying that “there’s no such thing as bad publicity.” Unfortunately, this doesn’t ring true when it comes to data breaches and ransomware attacks. High profile security incidents continue to make headlines, and those headlines are impacting bottom lines. In response to these, the US federal government is modernizing its own cybersecurity infrastructure, and more state governments are implementing laws to protect citizens.

Cybersecurity with Ubuntu

The cybersecurity state of affairs can be described as too complex today. There is an enormous number of threats endangering sensitive data for the average IT team to cope with. Threats ranging from exposure of physical assets stored in an office, to “social engineering” attacks resulting in unauthorized access, or even threats that exploit obscure software vulnerabilities.

Kubernetes security issues: An examination of major attacks

In a never-ending game of cat and mouse, threat actors are exploiting, controlling and maintaining persistent access in compromised cloud infrastructure. While cloud practitioners are armed with best-in-class knowledge, support, and security practices, it is statistically impossible to have a common security posture for all cloud instances worldwide. Attackers know this, and use it to their advantage. By applying evolved tactics, techniques and procedures (TTPs), attackers are exploiting edge cases.

Red Canary says 43% Lack Readiness to Notify Customers of a Security Breach

The phrase ‘stakeholder management” assumes that stakeholders are truly informed by alerts. However, managers can only send communications out, they cannot force people to address them. To ensure your stakeholders are engaged during an incident, it is vital to set up a defined communication process. Yet, a recent Red Canary report1 found that 43% of surveyed participants lack readiness to notify the public and/or its customers in the event of a security breach.

Get Used to Hearing About Cybersecurity Concerns

Just a few weeks ago, President Biden and the White House put out an executive order on improving cybersecurity resilience after the country’s public and private sectors continue to be plagued by cyber attacks. Not long after this, Microsoft confirmed that the culprits behind the recent SolarWinds hack are at it again, striking more than 150 government agencies and organizations across the globe.

Thoughts On the Codecov Breach

It was revealed just a few days ago that US Federal investigators are looking into an intrusion and insertion of malicious code into Codecov. As many readers here will already know, Codecov is a software auditing tool that analyses your source code to check for the amount of test coverage. The intrusion targeted the Codecov bash uploader, which is a script that provides a way to send coverage reports to Codecov.

The Facebook data breach that affects over 533 million users explained

If you’re a Facebook user, brace yourself for this one. It’s recently come to light that 533 million Facebook users’ details were found on a very suspicious hacker forum. The details found include users’ phone numbers, Facebook IDs, full names, locations, birthdays, and email addresses – all typical information that is stored on a Facebook account.

The Complete Guide to Data Breach Insurance

It’s been noted that there are two types of organizations – those that have suffered a data breach, and those that will fall victim to a data breach sooner than later (most likely sooner). The hard truth of this statement is reflected in the fact that according to some sources 97% of networks will experience a security compromise over any given six-month period. And with a staggering 9.7 billion data records having been breached since 2013, these numbers are only rising.