The compromised company may bear the financial brunt of the breach within the first year after the incident occurs, but the price tag is still far from final. The average cost of a data breach has risen 12% over the past five years to US$3.92 million globally, according to IBM’s 2019 Cost of a Data Breach study, which drew on … More Data breaches can haunt firms for years
The times they have a-changed since the ICO could only slap fines worth a fraction of the current amounts. British Airways and Marriott Starwood are facing massive fines in the United Kingdom for cyber-incidents that compromised the personal data of their customers. Yesterday, the UK’s Information Commissioner’s Office (ICO) unveiled its intention to slap a fine of … More UK’s data watchdog hands out two mega-fines for breaches
Thousands of British Airways passengers left stranded at Heathrow airport following incident. On Wednesday, British Airways passengers had their flights delayed and some even cancelled as a result of a yet to be specified IT system issue. In total, it is reported that as many as 7,000 passengers have been affected and more than 3,000 were stranded … More British Airways cancelled flights at Heathrow after ‘IT system issue’
ESET Ireland 