Data breaches, security incidents in which an unauthorized entity gains access to sensitive and secure data, happen frequently in our increasingly digital world. In 2018 alone, the United States experienced 1,244 data breaches, which resulted in the exposure of 446.5 million records. These incidents can have severe financial impacts, both direct and indirect, on the companies that fall victim to them.
According to a study conducted by the Ponemon Institute called the 2018 Cost of a Data Breach Study, the global average cost of a data breach is $3.86 million. This is a 6.4 percent increase as compared to the 2017 version of the […]
One of the most talked-about topics in cybersecurity is how to create strong passwords and manage them in a way that keeps your accounts secure. Why is password protection so important? A significant portion of security incidents and breaches occur because of bad passwords. According to Verizon’s 2018 Data Breach Investigations Report, 81 percent of all hacking-related data breaches involved weak or stolen passwords.
And a compromised account doesn’t just affect the account the password is used for. Once a hacker gains access to one account on your network, they may be able to find their way into other accounts if you […]
How quickly you can detect a security breach will help determine the extent of the incident’s impact on your company and your customers. How efficiently you notify the impacted individuals is crucial as well. Time to detection can affect the amount of data you lose and your compliance with relevant regulations. Increasingly, the media is reporting information about the time it takes companies to respond to a breach, meaning the effectiveness of your response can influence the public’s perception of your company as well.
So, how long do detection and notification typically take, and how long should they take? To help us […]
In our connected world, business data breaches are becoming increasingly common and, consequently, increasingly costly. Companies have about a 28% chance of experiencing a data breach that exposes at least 10,000 customer records and results in fines, fees, security costs and lost business revenue. When customer data is compromised in a security breach, it costs the company even more than just financially — a data breach can damage your business’s reputation and ruin customer trust in your company.
Companies must understand the consequences of a data breach so they can take the necessary steps to mitigate their risk and protect their company and […]
Your organization has most likely already encountered security incidents and will continue to face them moving forward. You may even have dealt with a data breach. While these two terms might seem similar on the surface, it’s critical that you make distinctions between them. How you classify these events will dictate how you respond to them, which has implications for your company’s security, compliance and reputation.
Let’s take a look at the difference between security incidents and security breaches as well as how to deal with these kinds of events.
Today’s employment landscape is dramatically different than it was even a few years ago, thanks in great part to the increasing popularity of freelancing. This form of employment offers immense freedom of choice and work-life balance for employees, and businesses that employ freelancers enjoy significant savings on benefits like paid time off, health insurance and retirement plans.
The popularity of freelancing has dramatically increased in the past few years, as research from Upwork indicates. Their Freelancing in America report from 2017 reveals some startling insights about the continued boom in freelance work, including these striking highlights: