Tag: Business Standard

Business Standard India – Human error is a big security issue in data breaches, says study

By Jason Hart

business-standard-logoVantage point: Insights from cutting-edge research

A staggering 3.24 million records were stolen, lost or exposed in India in 2017, which registered a 783 per cent hike from 2016, according to findings of the Breach Level Index published by global digital security solutions provider Gemalto. Of the 29 data breach incidents in India in 2017, identity theft accounted for 58 per cent of all data breaches. Malicious outsiders remained the number one cybersecurity threat last year, at 52 per cent of all breach incidents. Companies in the retail, government and financial services sectors were the primary targets for breaches last year.

“The manipulation of data or data integrity attacks pose an arguably more unknown threat for organisations to combat than simple data theft, as it can allow hackers to alter anything from sales numbers to intellectual property. By nature, data integrity breaches are often difficult to identify and in many cases, where this type of attack has occurred, we have yet to see the real impact,” says Jason Hart, vice-president and chief technology officer for data protection at Gemalto.

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Business Standard, India – Businesses still not taking data seriously, feel Indian consumers

By Jason Hart

business-standard-logoDespite a rise in cyber crimes, at least six in 10 Indian consumers feel businesses don’t take the security of their data very seriously and 70 per cent of them would stop doing business with a company if it experienced a data breach, a new study said on Thursday.

“Consumers are evidently happy to relinquish the responsibility of protecting their data to a business, but are expecting it to be kept secure without any effort on their part,” Jason Hart, CTO, Identity and Data Protection at Gemalto, said in a statement.

“In the face of brewing conversations around data protection and privacy law, it’s now up to businesses to ensure they are forcing security protocols on their customers to keep data secure,” Hart added.

To read the full article click here.