All Data Breach articles – Page 5
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ArticleIBM report: Average data breach cost nearly $4M in past year
An IBM report that examined more than 500 cyber-security breaches occurring between August 2019 and April 2020 found the average breach costs companies $3.86 million and requires nearly 300 days to identify and contain.
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ArticleReport: Average data breach costs public companies $116M
An Audit Analytics report on cyber-security breaches at public companies found the sensitivity of customer information stolen—along with length of time it took companies to report breaches—greatly affected the financial damage the breaches caused.
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ArticleCurrent cyber-environment calls for proactive approach
The conventional wisdom on cyber-security is to play defense and respond quickly to breaches. But these are not normal times, and proper cyber-hygiene is more important than ever.
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ArticleT-Mobile data breach: A cautionary tale for all companies
For the second time in a matter of four months, T-Mobile announced it has suffered a data breach. Cyber-security experts say it’s a cautionary tale about the vulnerabilities of e-mail accounts that are not properly secured.
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ArticleControversial facial image aggregator Clearview AI reveals breach
A company with a huge database of facial images informed its law enforcement customers this week that it suffered a data breach.
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ArticleReports: Bieber, Twitter’s Dorsey among 10.6M affected by MGM Resorts hack
Pop star Justin Bieber and Twitter CEO Jack Dorsey were among 10.6 million MGM Resorts guests to have their personal information exposed in a data breach last year, according to multiple reports.
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Article
Microsoft data leak points to industry-wide security vulnerabilities
Microsoft made headlines when it was discovered that nearly 250 million customer service and support records were exposed on the Web through several unsecured cloud servers. But that’s only a glimpse into wider cloud-security weaknesses throughout the industry.
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ArticleEquifax must spend ‘a minimum of $1B’ for data security
A massive data breach that was “entirely preventable” will cost credit-reporting agency Equifax another $1 billion to beef up its cyber-security efforts.
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ArticleBritish retailer Dixons fined for pre-GDPR breach
The ICO has fined Dixons Carphone for failing to take “basic, commonplace” security measures that would have alerted it to one of the country’s worst cyber-attacks.
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ArticleWidespread Wawa data breach puts thousands at risk
Convenience store chain Wawa announced it has suffered a massive data breach that has affected “potentially all” of its store locations, compromising the debit and credit card information of thousands of customers.
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ArticleData protection compliance lessons from UniCredit breach
UniCredit announced its cyber-security team has identified a data breach that compromised the personal records of approximately three million clients in Italy, highlighting critical compliance lessons for those in the financial services industry.
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ArticleMastercard encourages unity with data privacy initiative
Mastercard is inviting other companies to join it in addressing individuals’ privacy rights with the launch of its Data Responsibility Imperative.
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ArticleDoorDash data mishap showcases hazards of third-party vendors
DoorDash announced an incident of unauthorized third-party access to user data—a reminder companies need to mind the cyber-security of vendors in addition to their own.
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ArticleEcuador to expedite privacy law following massive breach
The Ecuadorian government has given itself 72 hours to finish drafting a national privacy law following a massive data breach that put the personal information of perhaps its entire population at risk.
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Article
European Central Bank announces data breach
The European Central Bank announced unauthorized parties breached the security measures protecting its Banks’ Integrated Reporting Dictionary (BIRD) Website, which is hosted by an external provider.
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Article
Capital One hacker may have targeted dozens more
It appears Capital One may be just one in a long list of companies and organizations to be victimized by what now appears to be the inner workings of a serial hacker, in what the Department of Justice is calling one of “the largest cyber intrusions and data thefts in ...
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Article
Capital One announces massive data breach
Capital One Financial announced a hacker obtained the personal information of approximately 100 million individuals in the United States and approximately six million individuals in Canada.
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Blog
Warren: Comerica left retirees, veterans vulnerable to fraud
Sen. Elizabeth Warren (D-Mass.) is urging government officials to respond and react to allegations that Social Security beneficiaries were the victims of fraud through their use of a government program administered by Comerica Bank.
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Blog
Marriott breach could affect 500,000 customers
A breach of the Marriott hotel chain’s guest reservation database may have compromised the personal information of upwards of 500,000 customers. The reveal follows an unrelated breach that affected members of Dunkin’ Donuts loyalty card program.
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Blog
Morrisons loses data breach appeal
The U.K. Court of Appeals recently shot down an appeal by supermarket chain Morrisons to overturn an earlier judgment denouncing it as liable for a data breach instigated by a disgruntled former employee. A march to the Supreme Court is next.