Data breach news stories - Page 2

A data breach of the Lower Hutt retailer's systems may have compromised customers’ personal and credit card information.

"It is necessary to publicly acknowledge the steps being taken by the Bank, to provide assurance to the public that these issues are being addressed," says Commissioner.

Proofpoint and Ponemon Institute have released the results of a new study on the cost of phishing. 

The ability to correlate individual events/alerts over time into an attack ‘storyline’ can help mitigate major cloud security blind spots.

The country's district health boards are refusing to release reviews done of their cyber security systems, seven weeks after the Waikato DHB was struck by ransomware attackers.

LinkedIn is facing its second leak in two months, this time with the data of 700 million users posted online.  

Data breaches and cyberattacks are no longer just an online issue.

“Breaches of personal information strike at the heart of the relationship between enterprises and their customers."

“It is clear from the data that people have developed a sense of control and they are now demanding openness about how and where their data is being managed."

IT directors are destroying end of life tech hardware as opposed to erasing its data out of fear of making a mistake and facing data breaches.

In total there were 546 reported incidents of potential data breaches in the most recent financial year, up from 463 in the previous year (2018/19).

“The nature and extent of information that has been potentially accessed is still being determined, but it may include some commercially and personally sensitive information,” says RBNZ Governor.

Are you an online retailer? This guide details the threats that you need to be aware of to keep safe in the biggest ever year of online shopping.

“Australian organisations operating in different markets require support across several geographical regions and working knowledge of data breach notification in each region.”

Having these three processes working in tandem is key to cushioning the blow of a breach - which, if insufficiently protected, can take on average 279 days to contain and costs an average of almost US$4 million.

Interestingly, usernames one would think might be quite common, such as admin or user, did not make the list of the 200 most popular usernames.

“Our fundamental shift to working remotely has dramatically underscored the need for comprehensive security, as well as IT guidance and training to avoid breaches."

In 2019, thieves stole computers from a third party supplier. ComCom admits it was also at fault.

On average, data breaches cost companies $3.86 million per breach, with compromised employee accounts the most expensive root cause.

The new report from IBM indicates that 80% of surveyed organisations reported having exposed customers’ personally identifiable information (PII) as a result of a breach.

"We take the protection of our clients' data very seriously. That's why we promptly dealt with this issue once we were made aware of it. The data is fully protected after our external technical contractor acted to ensure it was safe. There is no evidence at all to suggest any unauthorised access."

The firm believes that the breach could have compromised contact details of a number of people who have had contact with the police.

VIPRE’s reseller partners can now offer SafeSend to their customers to help prevent data breaches caused by employee-error.

A successful cyber attack can have many implications for your business, including a price tag you may be unwilling or unable to pay.