The volume and impact of data breaches have accelerated largely in 2022, which has contributed to many adverse effects for businesses. Tc highlights several updated factors that have generated great costs across 17 countries and regions, and 17 industries.he report has included new related areas of analysis such as.
LastPass, the popular password manager used by millions of people around the world, has announced that it suffered a security breach two weeks ago that saw attackers break into its systems and steal information. But don’t panic just yet – that doesn’t mean that all of your passwords are now in the hands of internet criminals.
Independent school districts (ISDs) are the perfect target for cybercriminals because their networks are typically poorly secured. Many schools have inadequate security practices due to the lack of education, training, or funding. ISDs are publicly funded primary and secondary educational institutions, including elementary, middle, and high schools.
Cybercrime has become more prevalent since the start of the COVID-19 pandemic. Indeed, 81% of organizations worldwide experienced an uptick in cyber threats and 79% suffered downtime due to cyberattacks during peak season, according to a 2021 report by McAfee Enterprise and FireEye. Attacks have also become more complex. IBM and the Ponemon Institute report that the average time to spot and contain a data breach in 2021 was 287 days, a week longer than in 2020.
I walked into a business the other day. After a long conversation about the client’s need for cybersecurity and the implementation of the ISO27001 security standard, we talked about their risk appetite. “We don’t accept any risk. We’re risk-averse” said the CEO. But, is this achievable?
Data is the most valuable asset of any organization, and most employees have access to secure business data. This makes them the first line of defense against combating a cyber-attack. However, hackers target vulnerable employees with insecure devices and sophisticated techniques to access the company's network and compromise valuable data. Human error enables a vast majority of cybersecurity problems. Many employees are already aware of the dangers that their mistakes can pose.
