Imagine losing your car keys. It would be inconvenient, as you could be stranded for a while and you would need to find and obtain a replacement key. Now imagine losing a set of work keys. How much disruption could this cause your company? Remember the 2014 Sony breach? It was perpetrated by a group who claimed that they were able to access the movie studio's computer systems because Sony failed to lock their physical doors.
In the wake of many cybersecurity breaches, SEC's aggressive agenda demonstrates that cybersecurity management is vital to U.S. public companies and capital markets.
Seventy-four percent of organizations are impacted by the cybersecurity skills shortage, according to a study of cybersecurity professionals by the Information Systems Security Association (ISSA) and Enterprise Strategy Group (ESG).
Senators Elizabeth Warren (D-Mass.) and Mark Warner (D-Va.) reintroduced the Data Breach Prevention and Compensation Act to hold large credit reporting agencies (CRAs)-including Equifax-accountable for data breaches involving consumer data.
Cyberattacks by nation states and parties affiliated with them represent 23 percent of data breaches, up from 12 percent in 2018 and 19 percent in 2017, according to the Data Breach Investigations Report (DBIR).
Two prolific dark web marketplaces have been taken down in simultaneous global operations supported by Europol: the Wall Street Market and the Silkkitie (known as the Valhalla Marketplace).