- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-06-08T20:06:00
About 83 percent of data breaches are perpetrated by external bad actors and not employees, contractors, or other people within organizations, according to the latest research.
The “Verizon 2023 Data Breach Investigations Report” analyzed 16,312 security incidents that occurred between Nov. 1, 2021, and Oct. 31, 2022, of which 5,199 were confirmed data breaches.
About 70 percent of all external actors behind the breaches were with organized crime, according to the report, which is based on information from Verizon Threat Research Advisory Center investigators, reports provided by data contributors, and publicly disclosed incidents. Verizon collaborated with MITRE Engenuity and the Center for Threat-Informed Defense on the report.
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The Australian Prudential and Regulation Authority will require Medibank Private to hold 250 million Australian dollars (U.S. $166 million) in extra capital until the insurer remediates identified cybersecurity weaknesses after a significant data breach.
Compliance teams are taking more responsibility for issues related to information security and data privacy, motivated by increasing threats posed by data breaches and cyber intrusions, according to a new survey from NAVEX.
The Commodity Futures Trading Commission’s Technology Advisory Committee sponsored by Commissioner Christy Goldsmith Romero is crafting potential rulemaking to establish cyber resiliency baselines among swap dealers and futures commission merchants.
The massive cyberattack on Change Healthcare has potentially compromised the personal and protected health information of an untold number of Americans, according to parent company UnitedHealth Group.
AT&T said personal account data on approximately 73 million current and former customers was released on the dark web two weeks ago but has not yet identified when and where the breach occurred.
When organizations move their data or operations to the cloud, the compliance team has their work cut out and then some, experts discussed at CW’s Cyber Risk & Data Privacy Summit.
