According to the recent Verizon Data Breach Investigations report, 45% of breaches featured hacking in 2020. With high-value information such as user credentials and credit card information being stored on personal devices and transmitted freely online, hacking techniques have evolved to become more sophisticated than ever before.
Cybersecurity breaches have been on the rise, and it's expected that by 2023, they'll have grown to 15.4 million. While technological advancements have made it easy for organizations to upgrade their security measures, malicious hackers are now using sophisticated tools. This means that in addition to implementing strict cybersecurity policies, you also have to take proactive measures to reduce your cybersecurity risks.
The U.S. Federal Government needs to improve its information security risk management policies to keep pace with the dynamic threats to Federal networks and supply chains.
Last year, as most people were stuck at home, many of us became even more dependent on e-commerce sites than we were already. Unfortunately, that includes cybercriminals too. In 2020, scams targeting the checkout forms of online retailers rose by 20%, according to reports.
Most companies know how to engage in a security risk assessment. However, the first step in the security assessment process should be engaging in a data risk assessment. While the two sound similar, they provide different insights. This guide to performing a data risk assessment explains what it is, why it’s important, and how to engage in one.
This week, the popular web host GoDaddy reported that it experienced a serious data breach impacting 1.2 million customers. Is your organization at risk, and what should you do? Here’s what you need to know.