article thumbnail

Exploring the Cost of a Data Breach and Its Implications

Centraleyes

According to IBM’s recently released “Cost of a Data Breach” statistics report, the average financial toll of a data breach has surged to an unprecedented $4.45 Regional Disparities in Data Breach Costs The United States emerges with a significantly higher average cost of $9.4

article thumbnail

Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

The end result of these types of cyber attacks are often highly public and damaging data breaches. 1 in 4 Americans reported that they would stop doing business with a company following a data breach, and 67% of consumers reported a loss of trust in an organization following a breach. What Are Data Breaches?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

15, 2024 – Harter Secrest & Emery LLP , a full-service business law firm with offices throughout New York, is pleased to announce that it has been selected as a NetDiligence-authorized Breach Coach ® , a designation only extended to law firms that demonstrate competency and sophistication in data breach response.

article thumbnail

How to Prepare for the Future of Healthcare Digital Security

Thales Cloud Protection & Licensing

In this blog post, I’ll discuss how healthcare enterprises can not only meet these challenges, but go beyond compliance to best practice to secure their data and their reputations. The Meaningful Use portion of the HITECH Act provided healthcare organizations a carrot to encourage the adoption of electronic health records.

article thumbnail

Why Data Visibility is Important for Security

Thales Cloud Protection & Licensing

The amount of data created is forecasted to grow and be spread in a wide diverse ecosystem: the cloud, on premises, in data lakes and big data. In addition, according to the “2020 Year End Report of Data Breach ” from QuickView, the number of records compromised in 2020 revealed a 141% increase compared to 2019.

article thumbnail

The Evolving Cybersecurity Threats to Critical National Infrastructure

Thales Cloud Protection & Licensing

Operational Technology (OT) systems, which were once isolated, have progressively integrated with IT technology and moved to various cloud platforms powered by sophisticated IoT sensors and guided by big data analytics. Download the full Thales 2023 Data Threat Report for the Critical Infrastructure for more information.

article thumbnail

Anomali Harris Poll Research Shows 87 Percent of Enterprise Security Decision Makers Have Had Successful Cyberattacks Perpetrated Against Their Businesses Over the Past Three Years, Ransomware Payments Topped $1 Million

CyberSecurity Insiders

Overall losses, due to cyberattacks, phishing email campaigns, and data breaches jumped significantly between 2019 and 2020. manager level or higher and have influence on data security solutions) or a business perspective (i.e., director level or higher and have influence over data security strategy). About Anomali.