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2023: A Year of Record-Breaking Data Breaches

Identity IQ

2023: A Year of Record-Breaking Data Breaches IdentityIQ This past year has been an eye-opening year in the realm of digital security. Data breaches reached an all-time high, leaving a trail of identity theft cases. Behind the statistics, a disturbing trend emerged: data theft and extortion-only attacks rose sharply.

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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. Costs of Cybercrime Global cybercrime costs are on the rise, increasing 15 per cent year over year, according to a 2021 cyberwarfare report by CyberSecurity Ventures.

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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?

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Security Affairs newsletter Round 471 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Ransomware Gangs Now Outing Victim Businesses That Don’t Pay Up

Krebs on Security

. “For years, ransomware developers and affiliates have been telling victims that they must pay the ransom or stolen data would be publicly released,” said Lawrence Abrams , founder of the computer security blog and victim assistance site BleepingComputer.com. “Ransomware attacks are now data breaches,” Abrams said.

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The Alphv ransomware gang stole 5TB of data from the Morrison Community Hospital

Security Affairs

The gang also published a sample as proof of the stolen data. The group is known to have a role for its affiliated that prohibits attacking healthcare organizations. Its policy forbids to encrypt systems of organizations where damage could lead to the death of individuals. Other ransomware attacks recently hit US hospitals.

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Building a Cyber Resilient Business: The Protection Layer

Webroot

Cybercrime is on the rise. billion to data breaches and cybercrime. billion to data breaches and cybercrime. Email encryption Companies rely on email to distribute important information, but when that information is confidential and sensitive, you need an encryption tool to protect it.