Category: Data Breach Page 2 of 4

The Ballooning Cost of Cybercrime

The legal industry finds itself in the upper echelons of companies when it comes to the fiscal impact of a cybercrime. However, many are ignoring this risk. According to the American Bar Association’s (ABA) 2015 Legal Technology Survey, about half of firms said they had no response plan in place to address a cybersecurity breach.

Furthermore, Cybersecurity Ventures predicts the costs associated with a cyberattack could balloon to $6 trillion globally by 2021. To put that in perspective, if cybercrime were a country, the number would represent the fourth highest Gross Domestic Product (GDP) in the world.

To better understand the costs associated with cybercrime it is helpful to group the expenses in two buckets, direct and indirect.

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website security

A Business Case for Website Security

Every business understands their website is a vital building block to establishing an online market presence. However, when it comes to website security, few understand the need or simply feel their company is not at risk.

To make a business case for web security, one must define the target, detail the impact of a hack, outline the mitigation cost and examine any additional benefits of proactive website security. This article will examine those areas to help assist in making a business case for cybersecurity.

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2016 presidential election voter data

Is Your Voter Data Secure? [Infographic]

Regardless of whether you’re a registered Democrat or Republican, your voter data could be in jeopardy of being compromised by cybercriminals. The 2016 Presidential election has brought on cyberattacks in 20 states, leading to two successful data breaches. Learn why 34 percent of voters believe this election will be or has been hacked.

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College Campus Data Breach

Prevent Data Breaches from Hitting Your College Campus

The new school semester has begun and is off to a great start. Your students are engaged, prepared and full of spirit. Ready for their first test, they log in to their online student portal to access the exam. Just as the test is about to begin, the website crashes. Panic ensues among the students, who instantly turn to twitter and email for help.

Here’s what happened: The school did not have proper website security in place and consequently was the target of a data breach that shut down its website. Higher education institutions are attractive and lucrative targets to cybercriminals. In 2015, the education sector was among the top three sectors breached, behind healthcare and retail. College campuses store a wealth of confidential student and faculty data, including medical records, financial information and intellectual property for products and prescription drugs. Some of the most common attacks cybercriminals use to breach higher education institutions are hacking, malware and DDoS attacks.

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eCommerce Website Security

The Basics of eCommerce Website Security

Talking about cybersecurity is equivalent to addressing the elephant in the room. It needs to be addressed, but the issue often gets pushed to the backburner. Studies show that 70 percent of Americans shop online at least once a month. However, over 30 percent of consumers say they hesitate to make those purchases due to security concerns, like credit card data theft.

As an online retailer, it is time to address the elephant in the room by addressing your customers’ fears. To get you started, we cover four basic—yet essential—website security tips to protect your eCommerce site.

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The Cost of a data breach

Calculating the Cost of a Data Breach [Infographic]

The cost of a data breach is rising globally. Learn how different countries and industries are impacted when they’re hit with one.

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Data breaches

Cybercriminals are Oversharing with Social Media Data Breaches

It’s been a busy time for data breaches in the social media world with Myspace, LinkedIn and Twitter all experiencing them. In each of these cases, the cybercriminals behind the breaches were after usernames and passwords. The most commonly used passwords today are, “password” and “123456,” and it only takes a hacker .29 milliseconds to crack them.

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Healthcare data breaches

Healthcare Data Breaches – A Growing Epidemic [Infographic]

More than 90% of healthcare organizations experienced a data breach over the past two years. This could be because health information is 50 times more valuable on the black-market than financial information. Let’s find out why…

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Data Breaches

Data Breaches Hitting the California Coast [Infographic]

California is known for Hollywood, sunny weather, its beaches, and now, data breaches. The Golden State is the most populous state in America, making it an appealing target to cybercriminals. This information was gathered from the February 2016 California Data Breach Report by the Attorney General of the California Department of Justice.

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Turkey Data Breach

A Data Breach in Turkey Exposes over Half of its Citizens

It is hard to image that over half of a country’s population could fall victim to a data breach, but the reality is, no one is exempt from cyberattacks.

The country of Turkey was hit with a massive data breach in early April 2016, exposing 50 million of its citizens. With 80 million people living in Turkey, the leak impacts more than half the country’s population. The leaked data included the names, addresses, birth dates, and national identification numbers of the victims. The cybercriminal has not yet been identified, but it appears the hacker was motivated by political issues and used the data breach as a way to declare his dissatisfaction with certain political figures.

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