Tag Archives for " data breach "

Lax cloud compliance raises concerns about data breach legislation readiness

Digital security firm Gemalto last month released its “2018 Global Cloud Data Security Study” report, commissioning the Ponemon Institute to perform the research, surveying more than 3200 IT and IT security practitioners worldwide.

Source: iTWire – Lax cloud compliance raises concerns about data breach legislation readiness

A phishing attack scored credentials for more than 50,000 Snapchat users

In late July, Snap’s director of engineering emailed the company’s team in response to an unfolding privacy threat. A government official from Dorset in the United Kingdom had provided Snap with information about a recent attack on the company’s users: a publicly available list, embedded in a phishing website named klkviral.org, that listed 55,851 Snapchat accounts, along with their usernames and passwords.

Source: A phishing attack scored credentials for more than 50,000 Snapchat users – The Verge

A Strong Privacy Policy Can Save Your Company Millions

Cyberattacks are on the rise, with over 1,000 data breaches occurring at U.S. organizations in 2016 alone, most often through hacking or external theft. And it isn’t only violated firms that are hurt by these incidents. Studying hundreds of data breaches, our research has found that they create significant ripples that affect other companies in the industry.

Source: Research: A Strong Privacy Policy Can Save Your Company Millions

CEOs should be reporting data breaches

CEOs, not chief information officers (CIOs), should be making the call on whether to report a data breach when a company falls victim to a targeted cyberattack, a former privacy commissioner told a cyber loss management seminar organized by Crawford & Company (Canada).

Source: Former privacy commissioner offers tip on reporting data breaches

Data breach at tax agency allowed companies to peek in on competitors’ data

A data mix-up on a state tax portal inadvertently made private data from about 16,500 business taxpayers viewable to other companies, potentially even competitors. The breach lasted from Aug. 7, 2017, through Jan. 23, 2018, and allowed some companies to view other business’s names, federal employer identification numbers, tax payments, and other data, according to the Massachusetts Department of Revenue.

Source: Yikes! Data breach at Mass. tax agency allowed companies to peek in on competitors’ data – The Boston Globe

US Data Breaches Hit All-Time High

In 2017, ITRC counted 1,579 U.S. breaches, up 45 percent from 2016. That doesn’t reflect every U.S. data breach last year. Rather, it’s a count based on the data breach notifications that an organization is legally required to issue to authorities or residents of most states, if it suspects that their personal details may have been exposed.

Source: US Data Breaches Hit All-Time High – BankInfoSecurity

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