In 2020, the chances of falling victim to data breaches are increasing. Keeping customers in the loop can be costly, time-consuming but very necessary and important to help prevent loss of personal data and decrease the risk of fraud. Cyber-attacks and data breaches can rarely be kept quiet and if the incident occurs at a high profile organisation, it’s only a matter of time before it makes the news.
EasyJet, CapitalOne, British Airways and Marriott are all huge companies with equally large budgets. Another thing they have in common is they all fell victim to a serious data breach, costing them hundreds of millions of pounds. If the major players with a lot of resources to devote to cyber security still get hacked, do SMEs with limited budgets stand a chance? It’s a dramatic question, so let’s explore the answer.
The increasing number of third-party data breaches and the sensitive information they expose have negatively impacted consumer trust. Third-party breaches occur when sensitive data is stolen from a third-party vendor or when their systems are used to access and steal sensitive information stored on your systems. In today's interconnected economy, companies rely on third-parties.
Babylon Health, makers of a smartphone app that allows Brits to have consultations with NHS doctors, has admitted that a “software error” resulted in some users being able to access other patients’ private video chats with GPs.
What is Lateral Movement? Lateral movement refers to the techniques that a cyber-attacker uses, after gaining initial access, to move deeper into a network in search of sensitive data and other high-value assets. Lateral movement techniques are widely used in sophisticated cyber-attacks such as advanced persistent threats (APTs).
Data is rapidly becoming one of the most valuable assets in the modern world. The digital giants that monopolize data are arguably the most powerful companies in the world, prompting ongoing conversations about anti-trust legislation and digital privacy. Despite the overwhelming value controlled by these entities, as we'll see, even companies such as Facebook are vulnerable to the byproduct of the rapid move to digitization – the data breach epidemic.
It’s DBIR season! Put down your pens, stop watching “The Last Dance” and get to reading the key findings of the 13th edition of the annual Verizon Data Breach Investigations Report!
British low-cost airline group easyJet revealed that an hacking incident had exposed approximately nine million customers’ information.
