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The requirement is an adoption of amendments to Regulation S-P, which was enacted in 2000 to safeguard the financial information of consumers, requiring financial institutions to tell customers about how they use their personal information. But things have changed drastically since 2000.
In 2024, the average cost of a databreach reached $4.88 million, with nearly half (46 percent) of all breaches involving personally identifiable information (PII), such as addresses, social security numbers, credit card information and social media posts.
Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider Data of 750 Million Indian Mobile Subscribers Sold on Hacker Forums Hackers steal $112 million of XRP Ripple cryptocurrency movie2k.to: Ex-operator hands over BTC worth 2 billion euros Portland Man Sentenced to Federal Prison for Role in SIM Swapping Identity (..)
Phishing scams, malware, ransomware and databreaches are just some of the examples of cyberthreats that can devastate business operations and the protection of consumer information. While no data was destroyed or compromised, emails experienced severe delays, and military and university operations halted.
IdentityTheft. DataBreach. Physical Manipulation, Damage, Theft and Loss. First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Web-based Attacks. Web Application Attacks. Distributed Denial of Service (DDoS). Insider Threat. Information Leakage.
2000 — Lou Cipher — Barry Schlossberg, aka Lou Cipher, successfully extorts $1.4 2000 — Mafiaboy — 15-year-old Michael Calce, aka MafiaBoy, a Canadian high school student, unleashes a DDoS attack on several high-profile commercial websites including Amazon, CNN, eBay and Yahoo! He is arrested and sentenced to 20 months in prison.
Our products enable them to minimize the risk of databreaches and ensure regulatory compliance by proactively reducing the exposure of sensitive data and promptly detecting policy violations and suspicious user behavior. Founded: 2000. Founded: 2000. Learn more about Netwrix. Extended detection and response (XDR).
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