Below is a pie chart representing the percentage contribution of each data breach victim to the 57 largest data breaches of all time. CAM4 covers the majority of the pie, accounting for almost 50% of all compromised records. If the CAM4 breach is disregarded, the impacts of the other breaches can be better appreciated. The pie chart below represents this updated distribution. Now, it becomes clearer that LinkedIn accounts for the majority of compromised social media records.
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.
It’s no secret that Covid-19 has accelerated the number of cyber-attacks and data breaches witnessed across the globe. Increased reliance on technology as the world worked, shopped and socialised from home increased the surface area for attackers, who capitalised on a growing amount of PII (personally identifiable information) available across the internet.
The connected nature of business environments has increased the severity and frequency of cyberattacks in the insurance sector. Insurance companies face a greater threat than most industries because they deal with sensitive and valuable data stemming from numerous avenues. This has resulted in several high-profile cyberattacks on insurance providers over the past few years.
A bipartisan Senate bill would require some businesses to report data breaches to law enforcement within 24 hours or face financial penalties and the loss of government contracts. The legislation from Senate Intelligence Chair and Democratic Senator Mark Warner with Republican Senators Marco Rubio and Susan Collins is just one of several new cybersecurity bills that will likely be debated this year. If passed, the bill could require certain U.S.
Leading American video game company Electronic Arts (EA) recently disclosed a breach that resulted in the theft of hundreds of gigabytes of data. The exfiltrated information included source code and software that power popular games like FIFA and Battlefield. What’s notable about this attack is that the attackers gained access to EA’s infrastructure through stolen Slack cookies that contained cached employee login credentials.
If you're an Australian business reading this, there's a 30% chance you will suffer a data breach. Such cutthroat statistics, as uncomfortable as they are to read, are important to be aware of if you want to avoid becoming one. To help you achieve a data-driven approach to cybersecurity, we've aggregated some of the most critical data breach stats for Australian businesses. This list also includes global data breach statistics that could be a window into Australia's future modified threat landscape.
