By
Adrianne Appel2023-10-11T20:21:00
Businesses unnecessarily storing massive amounts of useless data create a “data hoarding” situation hackers love to exploit, according to a cybersecurity expert.
On average, two-thirds of the data stored by businesses is not needed and should be destroyed, said Tim Ayling, vice president of cybersecurity for Europe, Middle East, and Africa at information technology security company Imperva. Holding on to data creates vulnerabilities for businesses by giving cyberattackers more avenues to access an organization’s computer systems.
The more data a business has, the broader its attack surface is, meaning there are more possible vulnerabilities available for a hacker to exploit. If hackers can get access anywhere on a system, it might allow them to gain entry to other areas and extract other data they want.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-10-17T22:12:00Z By Jeff Dale
The United States and United Arab Emirates finalized an agreement to work together to safeguard the financial sector from cyberattacks.
2023-09-21T19:05:00Z By Neil Hodge
The furor over NatWest Group’s decision to monitor and close the account of right-wing Brexit campaigner Nigel Farage—and then disclose the details to a journalist—has raised questions regarding whether other banks employ the same means to get rid of undesirable customers.
2023-09-15T20:11:00Z By Adrianne Appel
Draft risk assessment regulations under the California Consumer Privacy Act are designed to prohibit businesses from handling consumer data if uncontrolled risks—to the security and privacy of the consumer, the public, or the business—outweigh the benefits.
2026-04-02T21:09:00Z By Ruth Prickett
Geopolitical uncertainty is becoming the defining feature of the decade, and global powers are increasingly using geo-economic power to promote national interest and defend their critical interests. Multinational companies, consultants, and global law firms are responding by setting up dedicated national security teams.
2026-04-01T18:55:00Z By Jaclyn Jaeger
Hundreds of billions of dollars in illicit funds move through the global financial system each year through the operations of environmental crimes linked to transnational criminal organizations. Illegal mining, in particular, directly exposes global financial institutions to a wide range of risks.
2026-03-09T16:48:00Z By Neil Hodge
For the past few years, companies have been grappling with how to control employees’ use of AI in the workplace, but it seems that executives are the most likely to flout the rules and put the organization at risk.
Site powered by Webvision Cloud