Only 18% of businesses recently surveyed said they have comprehensive cyber insurance coverage, however the gap is not closing with only 27% of insurers having the technological capability to provide a plan to cover cyber risks.
Recent DataGrail report shows one-third of enterprises spent more than $1 million on GDPR cost, not taking into account the opportunity cost of lost employees’ hours spent in meeting compliance.
Recent cloud security survey shows that even though businesses have increased their awareness on security threats, 19% still experienced a data breach, with account hijacking being the top attack method.
Magecart cybercrime group appears to have broaden their supply chain attacks to target more sites by going after third-party advertising vendors that works with media or entertainment websites.
It’s a fine line between “good policing” and a “police state” as San Francisco bans facial recognition technology city departments due to growing privacy concerns.
Known for their cyber crime product which infected over 41,000 victims in financial institutions, GozNym is going out of business with their key figures across Eastern Europe charged by U.S. federal court.
With Quantcast tracking nearly 100 million websites, it’s no surprise that Adtech giants are facing GDPR regulatory scrutiny on breach of privacy based on the way they process and aggregate personal data about users.
Latest 2019 Verizon data breach report highlights absence of foundation-level and layered security controls, internal security discipline, and general security awareness as the common denominators in the data breach dilemma.
Chinese spies known as Buckeye group are alleged to be using some of the NSA cyber weapons as early as March 2016, long before Shadow Brokers released them in April 2017.
Major anti-malware vendors, Symantec, McAfee, and Trend Micro, allegedly had their source code stolen by Russian hackers. The full set of data including access to the companies' networks are now going on sale for $300,000.
