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Data Breaches

Australia's Cost of a Data Breach in 2024

Australia’s Data Privacy Landscape is EVOLVING QUICKLY In February 2023, the Australian government released the results of a two-year review of the 1988 Data Privacy Act. This was followed by a response in September, authored by Attorney General Mark Dreyfus, that agreed to 38 of the 116 recommendations and a further 68 ‘in principle’.

Unveiling CPS 234 Challenges: Insights from APRA's Cyber Security Stocktake

Australia has seen several high profile cyber incidents in 2023 and has seen significant loss of customer data (Canva’s 139 million customers, Latitude’s 7.9 million customers HWL Ebsworth’s 65 government agencies, 2.5 million documents). According to the OAIC Notifiable Data Breaches Report: January to June 2023, the top 3 sectors in that period to report data breaches are Health Service Providers (65 notifications), Finance incl.

Why is regular access certification your secret weapon against data breaches?

In the ever-evolving realm of cybersecurity, where threats loom large and breaches are a constant concern, the practice of granting always-on or standing privileges to user accounts presents an alarming vulnerability for any organization. This vulnerability is underscored by findings from Verizon’s 2023 data breach incident report, which states that 74% of all data breaches occur due to privilege misuse or stolen credentials.

Major Data Breach and Scam Alert: Restorecord.com Compromised, Users Urged to Stay Vigilant

In today's digital age, the threat of data breaches and online scams looms large. Restorecord.com, a prominent bot service known for its data management solutions, has recently been at the center of a significant security breach, impacting approximately 2,871 users. This alarming incident has exposed sensitive data, including Next.js and PHP source codes, emails, usernames, browser data, and IPs, leaving users vulnerable to exploitation by malicious actors.

7 Examples of Real-Life Data Breaches Caused by Insider Threats

Insiders know all the ins and outs of your organization’s infrastructure and cybersecurity tools. That’s why companies worldwide fall victim to numerous malicious and negligent insider security incidents every month, leading to data breaches and lots of other negative consequences. Such attacks may result in financial and reputational losses and might even lead to business disruption.

Fake Data Breaches: Why They Matter and 12 Ways to Deal with Them

As a Chief Information Security Officer (CISO), you have the enormous responsibility to safeguard your organization’s data. If you’re like most CISOs, your worst fear is receiving a phone call in the middle of the night from one of your information security team members informing you that the company’s data is being sold on popular hacking forums.

SecurityScorecard 2024 Global Third-Party Cybersecurity Breach Report: Software supply chain is top target for ransomware groups

The SecurityScorecard Global Third-Party Breach Report uses the world’s largest proprietary risk and threat dataset to provide unique insights into the intricate web of supply chain vulnerabilities exploited by ransomware groups. As the digital landscape continues to evolve, so too do the tactics of cyber adversaries. Ransomware groups, in particular, have honed in on a prime target: the software supply chain.

What is PPP Loan Fraud?

When the pandemic hit in 2020, our world became chaotic overnight. Throughout the nation, individuals were met with layoffs or stringent checks—pushing the financials of families to their breaking points. Simultaneously, business organizations faced similar issues; because fewer bodies were allowed in the same area, production trickled to a minimum, niche clients limited their spending, and small businesses counted the days until their doors closed.

Data Breaches 101: What They Are And How To Prevent Them

A data breach could ruin your business overnight. Imagine customer outrage as hackers leak the private details your company promised to protect. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.