Cyberattacks and data breaches are inevitable, but a multifaceted security approach will limit the potential impact. A successful strategy will combine technology, processes and people.
Cisco's 2019 CISO Benchmark Study results show security professionals are placing higher priority on vendor consolidation, collaboration between networking and security teams, and security awareness exercises to strengthen an organizations security posture and reduce the risk of breaches.
California Attorney General Xavier Becerra and Assemblymember Marc Levine (D-San Rafael) unveiled AB 1130, legislation to strengthen California’s data breach notification law to protect consumers.
The growing threat of cyberattacks is a huge cause for concern. According to some of the country’s foremost intelligence experts, the U.S. may encounter a massive cyberattack on the horizon. An attack of this scale is predicted to cause damage comparable to a Category 5 hurricane, where everything from vehicles to pacemakers could be compromised. The country needs to be ready – and not just the public sector. Private businesses, regardless of size, would be taking an extreme risk if the necessary precautions are not put into place.
According to an annual report by the Identity Theft Resource Center, the number of U.S. data breaches tracked in 2018 decreased from last year’s all-time high of 1,632 breaches by 23 percent (or 1,244 breaches), but the reported number of consumer records exposed containing sensitive personally identifiable information jumped 126 percent from the 197,612,748 records exposed in 2017 to 446,515,334 records this past year.
Three-quarters of consumers would stop engaging with a brand online following a breach and half would not sign up for an online service that had recently been breached, a new survey shows.