M2 PRESSWIRE-August 20, 2019-: Alarming statistics show human error remains primary cause of personal data breaches
; 60% of ICO-reported breaches this year are caused by human error, with healthcare the most-affected sector
Tribal does not expect costs relating to the data breach
to be material.
Capital One said it will reach out to individuals impacted by the data breach
through multiple channels and will offer free credit monitoring and identity protection to all those impacted.
Sponsored by IBM Security and conducted by the Ponemon Institute, the annual Cost of a Data Breach
Report is based on in-depth interviews with more than 500 companies around the world that suffered a breach over the past year.
Businesses must be aware of the full potential consequences of a data breach
, take steps to minimise the chances of one occurring, and make plans to minimise the potential impact if one happens.
"Consumers are more aware of their rights, and potential risks of becoming a victim of a data breach
, yet many still don't adequately protect themselves online.
One of Hayes Connor Solicitors' recent clients suffered a serious data breach
when her solicitor left copies of confidential medical and service records on a train.
Yahoo, which is not part of New York-based Verizon Communications, had been accused of being too slow to disclose three data breaches
from 2013 to 2016 that affected an estimated 3 billion accounts.
"We will get data breaches
, any organisation that deals with data will get breaches and it's about minimising the risks and trying to contain it."
Likewise, proactive public relations could have gone a long way in establishing goodwill and reducing lost business--which accounts for more than half of the costs of each data breach
The information comes from "2018 Cost of a Data Breach
Study: Global Overview," a report sponsored by IBM Security, a division of IBM of Armonk, New York, and conducted by the Ponemon Institute LLC of Traverse City, Michigan.
Cebuana Lhuillier's Data Privacy Officer sent a "notice" to all its clients via email Saturday morning, January 19, informing them of the data breach
The 360 Coverage Pros portal is designed to meet the growing demand for cyber and data breach
prevention, insurance and compliance.
Gallagher Affinity has announced it has partnered with Secure CyberID to launch its new online 360 Coverage Pros portal, a discounted suite of cyber security solutions for companies who are under contract with the US Federal Government to meet the growing demand for cyber and data breach
prevention, insurance and compliance, the company said.
(http://ibtimes.com/yahoo-massive-data-breach-1-billion-accounts-affected-stolen-names-email-addresses-2460671) At the time , Yahoo estimated that only 1 billion email accounts were involved and blamed the attack on an unspecified "state-sponsored actor." This was just a few months after Yahoo reported a different, smaller data breach
that affected 500 million users.