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Ransomware and Data Breaches: Impacts Continue to Grow Louder

Lohrman on Security

Reports from cybersecurity companies in 2023 show mixed trends regarding the number of global data breaches, ransomware attacks, records affected and government costs. But one thing is clear: Cyber attack impacts steadily grow.

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Australia Increases Fines for Massive Data Breaches

Schneier on Security

After suffering two large, and embarrassing, data breaches in recent weeks, the Australian government increased the fine for serious data breaches from $2.2 The problem is one of incentives, and Australia has now increased the incentive for companies to secure the personal data or their users and customers.

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Australian Data Breach Costs are Rising — What Can IT Leaders Do?

Tech Republic Security

Australian data breach costs have jumped over the last five years to $2.57 million USD, according to IBM. Prioritizing DevSecOps and incident response planning can help IT leaders minimize the financial risk.

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Paramount Global disclosed a data breach

Security Affairs

Multinational mass media conglomerate Paramount Global suffered a data breach after an unauthorized party accessed files from certain of its systems. Multinational mass media conglomerate Paramount Global disclosed a data breach. ” concludes the letter.

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Freecycle data breach impacted 7 Million users

Security Affairs

The nonprofit organization Freecycle Network (Freecycle.org) confirmed that it has suffered a data breach that impacted more than 7 million users. The security breach was discovered on August 30, exposed data includes usernames, User IDs, email addresses and passwords. The company has not shared details about the attack.

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Massive Brazilian Data Breach

Schneier on Security

I think this is the largest data breach of all time: 220 million people. Lots more stories are in Portuguese.).

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Attackers Target Crypto Companies in Retool Data Breach

Security Boulevard

A data breach late last month of software development platform firm Retool led to the accelerated acquisition of one of its users and put a spotlight on an account synchronization feature that Google introduced earlier this year. The post Attackers Target Crypto Companies in Retool Data Breach appeared first on Security Boulevard.