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
The leak, which apparently has yet to be plugged, exposes a range of very specific data about users. A Chinese smart home solutions provider has been leaking billions of logs from devices managed via the company’s cloud platform, exposing a range of sensitive information about their users. The database – which was found sitting an … More Two billion user logs leaked by smart home vendor
Microsoft will soon add a new feature to its OneDrive cloud storage that is designed to ramp up security for your most sensitive files. Dubbed OneDrive Personal Vault, this ‘partition’ of your OneDrive account will only be accessible using “a strong authentication method or a second step of identity verification, such as your fingerprint, face, PIN, or … More Microsoft enhances OneDrive to secure your sensitive files
A few days apart, two cities in Florida cave in to extortionists’ demands in hopes of restoring access to municipal computer systems. To pay or not to pay ransomware attackers? Is it okay to pay? And if I do pay up, will it make the problem go away? These have been some truly pressing questions … More Two US cities opt to pay $1m to ransomware operators
ESET Ireland 