Archive for the ‘Data Security’ Category

Cyber-attacks on UK universities are on the rise, which shouldn’t come as a surprise to anyone. Universities hold vast amounts of sensitive data, and like most Government funded institutions, typically operate on a limited budget. A university may hold thousands of student records, with each record containing a wealth of Personally Identifiable Information (PII), such as names, ages, addresses, and so on. Hackers can steal this information and sell it … Read more

What’s the cost of data breaches in 2019? Is the cost of data breaches increasing? These are not easy questions to answer, as the answer generally depends on what country and industry the breach occurs in. Recent figures suggest that the cost of data breaches in 2019 range from anywhere between $1.25 million to $8.19 million. Cybersecurity is a difficult topic to get accurate measurables for, especially because every week … Read more

With the ever-increasing amount of data that companies collect from customers and the changing threat landscape, it’s important to make sure that personally identifiable information (PII) is safeguarded so that it doesn’t end up in the wrong hands. Data breaches are hitting the headlines more frequently and can result in major reputational damage and large fines from data commissioners and regulatory bodies. In the first half of 2019, according to … Read more

It’s becoming common knowledge that cyber-crime is on the rise. According to the Annual Cost Of Cybercrime Study by the Ponemon Institute and Accenture, in the last 5 years we have seen 67% increase in the number of reported data breaches. The banking sector continues to be the #1 target for cyber-criminals with the average annual cost of cybercrime estimated to be over $18 million. Financial institutions are spending more … Read more

Data security has been one of the most talked about topics for the last few years. Organizations in all industries are taking notice and implementing elaborate security measures to help protect data. Likewise, consumers are more aware of their data privacy and security rights than ever before. If you work in an organization that takes data security seriously, you’ll probably have noticed the effect that the focus has had on … Read more

Capital One, the giant financial services firm, were the target of a hack that affected the personal details of more than 106 million individuals across the US and Canada. As of writing this blog, an arrest has been made in connection with the hack after the attacker, Paige Thompson, was reportedly boasting about it online. The breach apparently included personally identifiable information in the form of names, addresses and phone … Read more

You remember Tim Berners-Lee, right? The guy who invented the World Wide Web. Well, he’s at it again. Tim’s latest project, called Solid (Social Linked Data), is a platform that is designed to give users’ more control over their personal data, and to provide more structure to the vast amounts of data we store on the internet. And then we have the Blockchain – an append-only distributed ledger which is … Read more

The shortage of qualified, experienced cybersecurity professionals is a problem that faces all industry verticals, not simply the healthcare industry. However, the increased need for cybersecurity talent to help combat evolving threats (including the rise of wearable healthcare technology) has led to official guidance from the Healthcare and Public Health Sector Coordinating Council (HPH SCC) on how to hire. On June 17, the HPH SCC released the Healthcare Industry Cybersecurity … Read more

Insider threats are one of the biggest threats to the security of your data. Recent statistics suggest that insiders are responsible for 28% of all data breaches. Whilst this may not seem like a huge number compared to the external threats, it is significant. External attacks, such as phishing attacks, are a hit and hope method where attackers send out millions of emails in the hope of compromising a few … Read more

If we look at some of the most high-profile data breaches of the last few years, you will be astonished at how long it took for the organization involved to detect. Companies as big and as well equipped as Verifone, took 6 months to detect the data breach that first started in the middle of 2016. It took Forever 21 around 9 months to detect their data breach that started … Read more