For many organizations, the rise of remote working brought on by the COVID-19 pandemic has significantly increased email communication. Our 2020 Outbound Email Security Report revealed that 94% of organizations experienced increased outbound email traffic due to remote working during the pandemic. This increase in outbound email traffic also increased outbound security risk. The report revealed that 93% of organizations suffered an outbound data breach in the same 12 months.

I recently wrote a blog post outlining what to do in the first 24 hours after you have been breached, and in my conclusion I mentioned that capturing the incident in a case study could help unlock budget in future. Today, I want to look at this in more detail, and consider the approaches you can take to analyse the cost of a breach in order to make a request for appropriate preventative spend.

The Verizon Data Breach Investigations Report (DBIR) is an annual publication that provides an analysis of information security incidents, with a specific focus on data breaches. Verizon has been publishing this report on an annual basis since 2008.

The aviation industry is both vast and complex. More than 45,000 flights and 2.9 million passengers travel through U.S. airspace every day, requiring high-tech tools and extensive communications networks. All of that data and complexity makes the sector a prime target for cybercriminals. Worryingly, only 49% of non-governmental organizations have fully adopted NIST security standards.

Read also: Google fixed a zero-day vulnerability in Chrome browser, Marriott fell a victim of cyber extortionists, and more.

There have been many articles about the cost of a security breach. With the emergence of privacy regulations that assign penalties based on a business’ profit, or those that calculate a value for each compromised record, it is possible to calculate the cost of a breach based on those metrics. However, it would seem that these hard numbers are not detailed enough to placate many security professionals.

If you're reading this blog, there's a good chance you're familiar with the topic of data breaches; they regularly make the headlines and cause a lot of extra work for IT, security and other staff in affected companies who battle to identify, contain and eradicate the attack. But while the news stories carry the attack's immediate impact, we're rarely aware of the long-term cost to the organization and its staff, both personal and financial.

Recent research by Cyble showed that over 900,000 Kubernetes clusters were found exposed to the internet to potentially malicious scans. Some of them are susceptible to known vulnerabilities exploitations.

Every year Verizon releases the Data Breach Investigations Report (DBIR), covering some of the biggest trends in data breaches across industries, highlighting the common causes for breaches as well as trendy attack vectors. And every year, when it is released, my inbox is immediately hit with questions from colleagues and customers asking how Netskope can mitigate each of the issues raised. So this year I thought I would share my analysis more widely.

According to IBM’s Cost of a Data Breach report In 2021, data breach costs rose from $3.86 million to $4.24 million, exhibiting the highest average total cost in the 17-year history of their report. A new report from the Department for Culture, Media, and Sport (DCMS) has revealed that data breaches have become more costly for medium and large businesses in the UK. The report shows how medium-sized and large firms lost an average of £19,400 in 2021.