Businesses beware: Cyberattacks targeting businesses nearly doubled in the past year, from 82,000 in 2016 to 159,700 in 2017, according to a Thursday report from the Online Trust Alliance (OTA). This further highlights the need for enterprises to implement proper cyber hygiene practices and employee training to keep critical business systems and data secure.
Over the past year, 4,149 data breaches compromised more than 4.2 billion records, shattering the previous all-time high of about 1 billion exposed records in 2013. This finding comes from the 2016 Data Breach QuickView report, released January 25 by Risk Based Security (RBS). Researchers discovered the number of data breaches was fairly consistent between 2015 and 2016, but their severity skyrocketed.
Possibly as many as 82,000 cyber incidents a day negatively impacted organizations around the world in 2016, says an industry group that looked at threat intelligence from a number of sources. The Online Trust Alliance, which released the estimate Wednesday as part of its annual Breach Readiness Guide, says that because most incidents aren’t reported to regulators or law enforcement agencies the number could be as much as 250,000.
A colleague just received an “Urgent Security Alert - Action Requested” email from Nest (see the image below). At first glance it looked like either a phishing attempt or one of the way-too-often breach notifications we all receive these days.
I used to love the old Space Invaders arcade game - waves of enemy attackers came in faster and faster while you tried to defend your base. With experience you could learn their tactics and get pretty adept at stopping them. For today’s enterprise IT staff, consumer-grade IoT devices must certainly feel like those space invaders of old.
In advance of Data Privacy & Protection Day, we just released the Cyber Incident & Breach Trends Report (press release here), a look back at the cyber incident trends in 2017 and what can be done to address them.
The past six months we have witnessed an un-paralleled level of questionable business practices resulting from data breaches. As trusted brands, Uber as well as Equifax and others, who have been entrusted with significant amounts of personal data have failed the American public. The breach missteps and follies only continue. Each time most within the security and privacy communities have rolled our eyes in disbelieve.