This article will give you insights into the common PayPal hoaxes circulating these days. Additionally, you will learn how to keep your payment experience safe when using the popular service in question.

The recent IBM 2019 Cost of Data Breach survey found that the cost of a data breach had risen 12% over the past 5 years to $3.92 million on average. While 51% of the data breach attacks were attributed to malicious or criminal actors, a stunning 24% of the breaches were caused by negligent employees or contractors. The report also notesed that the 51% of the criminal actors included, “malware infections, criminal insiders, phishing/social engineering and SQL injection.”

Industrial control systems are essential to the smooth operation of various national critical infrastructure. While once segmented from the web, these systems are now becoming increasingly more networked and remotely accessible as organizations transform to meet the digital age. This development potentially exposes industrial control systems to digital threats.

On 29 July 2019, Capital One disclosed a digital security incident in which an outside individual gained unauthorized access to its systems. That party then leveraged their access to obtain the personal and financial information of Capital One cardholders as well as of individuals who at one point applied for a credit card. Overall, the bank holding company estimated that the breach affected 100 million Americans as well as six million Canadians.

For the 14th consecutive year, IBM Security released its annual Data Breach Report that examines the financial impact of data breaches on organizations. According to the report, the cost of a data breach has risen 12% over the past 5 years to $3.92 million per incident on average. These rising expenses are representative of the multi-year financial impact of breaches, increased regulation and the complex process of resolving criminal attacks.

Headlines continue to suggest that organizations’ cloud environments make for tantalizing targets for digital attackers. Illustrating this point, the 2019 SANS State of Cloud Security survey found “a significant increase in unauthorized access by outsiders into cloud environments or to cloud assets” between 2017 (12 percent) and 2018 (19 percent). These findings beg the question: how prepared are organizations to defend themselves against cloud-based threats?