CSO Online – Let’s get serious about security: 2.6 billion records stolen or compromised in 2017

csoonlineGemalto’s 2017 Breach Level Index found 2.6 billion records were compromised in 2017, as well a number of new data breach tactics. Breached or exposed data is not only a headache for security teams. It also impacts brand reputation, customer confidence and stock prices, but risk can be managed by mapping out where data resides.

Gemalto, my employer, recently published the latest research from its Breach Level Index (BLI), sharing that 2.6 billion records were stolen, lost or exposed worldwide during the year of 2017. A global database, the BLI follows and studies breaches, the types of data compromised and how it was accessed or lost.

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Cyber Security Hub – Cyber Security: Who’s In Charge?

cyber-security_1_0It’s no mystery that the threat landscape has intensified, widened and spooked many security practitioners around the globe. Between breach anxiety amongst the C-Suite, the increasing perimeter size of large enterprises, numerous endpoints tapping into the network and a glaring disconnect between departments, cyber security is still an often-overlooked facet of the business. This, of course, should not be so.

In recent years, the threat vectors have multiplied and security practitioners have been forced to deploy various solutions to mitigate – or attempt to mitigate – the many network dangers.

According to Gemalto’s 2017 Breach Level Index report, a whopping 2 billion data records were lost or stolen via cyber-attacks in the first part of 2017. Gemalto’s Vice President and Chief Technology Officer for Data Protection, Jason Hart, also added that two-thirds of firms breached had their share price negatively impacted. Of 65 companies evaluated, breaches cost shareholders $52.4 billion.

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CSO Online – Data breaches are taking a toll on customer loyalty

csoonlineData breaches are happening on a daily basis. And as the number of breaches has soared, the scale of attacks has escalated as well. According to the Breach Level Index, 1.9 billion data records worldwide were compromised during the first half of 2017 due to 918 data breaches. The number of lost, stolen or compromised records increased by an overwhelming 164 percent compared to the last six months of 2016. (Disclosure: the Breach Level Index is operated by Gemalto, where I am employed.)

This year saw major security incidents affecting numerous high-profile corporations such as Equifax and Deloitte. And the consequences of such breaches now appear to be moving beyond the direct financial impact. As businesses struggle to maintain and protect consumer data, consumers are growing wary of both the attitude and practices those organisations take in order to do so.

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CSO – Protecting data: when confidence is overconfidence

csoonlineAccording to the recently released annual Data Security Confidence Index (DSCI), many businesses today are guilty of feeling overconfident about keeping hackers at bay, while at the same time failing to keep data safe.

American author, engineer and billiards Hall of Famer, Robert Byrne, once noted “confidence is overconfidence.” According to the recently released annual Data Security Confidence Index (DSCI), many businesses today are guilty of this flawed mindset; feeling overconfident about keeping hackers at bay, while at the same time failing to keep data safe.

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