Articles Tagged with ''data breach''

eBay been hit by a huge cyberattack that compromised its main database holding user passwords.

U.S. Homeland Security Secretary Jeh Johnson says that Congress is likely to agree on cybersecurity legislation this summer.

Credit and debit card fraud tops Americans' security concerns in 2014, against a recent backdrop of major retail and banking security breaches, according to the 2014 Unisys Security Index.

The FBI has warned healthcare providers their cybersecurity systems are lax compared to other sectors, making them vulnerable to attacks by hackers.

According to the Ponemon Institute's ninth annual Cost of Data Breach Study, the consolidated total cost of a data breach increased 15% in the last year, to $3.5 million.

Gregg Steinhafel, the chairman and CEO of Target, has left the company effective immediately.

The silver lining to the breaches, according to the ACI report, is that although data breach-related fraud has had a negative impact on banks’ and financial institutions’ bottom lines, more than 40 percent of respondents indicated that their customers have appreciated the proactive outreach and response to market events, which helps to keep financial institutions on the right side of customer satisfaction, rebuilding brand trust.

Nearly half (45%) of the executives surveyed noted that overseas risks pose a greater threat to their company than domestic ones, while one-third (33%) reported that overseas risks are an equal threat. In addition, nearly half (48%) of the companies had experienced at least one loss related to conducting business overseas over the last three years.

The survey of nearly 5,000 global IT security professionals reveals a deficit in enterprise security systems, a disconnect in how confidential data is valued and limited visibility into cybercriminal activity. The report gives new insight into why cybercriminals have a foothold in the broader enterprise.