Transatlantic businesses face greater short-term pain in the US but less long term retribution in the UK following a security breach, according to new data from payment security business, PCI Pal.

A new study has revealed that 60 percent of respondents reported their organizations have experienced container security incidents in the past year.

More than a third of senior executives believe that younger employees are the “main culprits” for data security breaches in the workplace.

Nearly four in five companies (79%) were hit by a breach in the last year, according to new research from Balabit.

Employees hide IT security incidents in 40 percent of businesses across the globe to avoid punishment.

During a recent European Parliament meeting, Ana Gomes, a Portuguese member of the parliament said that while a thriving data-driven economy represents an opportunity for growth and employment, big data can also pose significant risks and challenges, particularly as regards fundamental rights, including privacy and data protection.

Only 25 percent of Tripwire survey respondents were confident their organizations have the number of skilled cybersecurity experts needed to effectively detect and respond to a serious cybersecurity breach.

When it comes to security breaches, consumers are clear about who they hold responsible.

The majority of business decision makers admit that their organization will suffer an information security breach and that the cost of recovery could start from around $1 million.
 

A new survey says that government is the target of cybercriminals and nation state attackers, citing the OPM security breach as an example.