There are hidden costs over time which make the bill far larger than you may expect. A new global study conducted by IBM suggests the financial impact of a data breach for an organization is, on average, $3.86 million. However, in the worst cases, "mega breaches" may cost the enterprise between $40 million and $350 million. IBM's 2018 Cost of a Data Breach Study, conducted in conjunction with the Ponemon Institute, suggests that the cost can become this high not due to the ob
CISOs and board members have very different jobs and business knowledge. Here is how to get everyone on the same page. Chief information security officers (CISOs) need to better communicate strategies and initiatives to board members, according to the Kudelski Security Customer Advisory Council's report, out Tuesday. The group used industry surveys, focus groups, and individual interviews to locate the disconnect between CISOs and non-technical executives. Overall, their rese
Corporate Wi-Fi networks and employee mistakes make all corporate networks vulnerable to attacks from hackers, according to Positive Technologies. All corporate networks are highly vulnerable to attacks that would give hackers full control of their infrastructure, according to a Tuesday report from Positive Technologies. The report studied 2017 audits of 22 corporate systems belonging to companies across different industries, including IT, finance, retail, and transportation.
Timehop informed users late last week that hackers gained unauthorized access to some of its systems as part of an attack that impacts roughly 21 million accounts. New York-based Timehop has created an application that shows users the photos, videos and posts they shared on the current day in previous years on Facebook, Instagram, Twitter and other websites. The app also allows users to share these memories with their friends. According to Timehop, the attacker accessed a dat
The unique features of your face can allow you to unlock your new iPhone, access your bank account or even "smile to pay" for some goods and services. The same technology, using algorithms generated by a facial scan, can allow law enforcement to find a wanted person in a crowd or match the image of someone in police custody to a database of known offenders. Facial recognition came into play last month when a suspect arrested for a shooting at a newsroom in Annapolis, Maryland