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Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 According to a recent Ponemon Institute study , some 59% of companies experienced a third-party databreach in 2018, yet only 16% believe they are effectively mitigating third-party risk. Advancing best practices.
The end result of these types of cyber attacks are often highly public and damaging databreaches. 1 in 4 Americans reported that they would stop doing business with a company following a databreach, and 67% of consumers reported a loss of trust in an organization following a breach. What Are DataBreaches?
The obligation to report serious incidents or malfunctions recalls the obligation to notify databreaches. Artificial intelligence not only crosses over into data protection law, but also extends to other areas of law, such as intellectual property, competition, consumer protection, and insurance, to name but a few.
23, 2021 SolarWinds: Even the best cloud security solutions were ineffective The breach of the SolarWinds Orion infrastructure management platform will go down in history as one of the costliest when measured in terms of total financial impact — estimated at nearly $1 billion — and sheer number of organizations affected.
Do you ever get tired of those statements from companies after a databreach telling us: “we take your security seriously”? In a year of high-profile ransomware incidents and databreaches, security is near the top of the agenda as never before.
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