2018 Cost of Data Breach vs. Cybersecurity Response Plans and Solutions

| November 27, 2018

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Now more than ever, enterprises have an obligation to handle the personal data of their customers. To complete numerous financial transactions or register for various services, people disclose their private information to enterprises with an expectation that they will protect their personal data. Unfortunately, personal information is valuable to malicious forces. Criminals employ destructive cyberattacks to access this information. The breaches not only cost millions for companies to restore their databases to safe compliance but they also result in customers understandably feeling violated. Even the most prominent corporations have experienced data breaches. And the brunt of the blame always falls on the company. Find out the substantial impact of data theft and how you can protect your enterprise with advanced cyber threat intelligence and response plans.

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Virtru

We believe everyone has a right to keep their digital content private and secure. We founded Virtru because we believe that exercising that right should be easy and convenient–simple email encryption for everyone. With Virtru, you can choose when to keep your digital content private and secure for its lifetime, even after it’s shared online. Manage and revoke access to emails, photos, files, and other content at any time, right from within your favorite programs like Gmail, Outlook, and Mac Mail on your desktop or mobile device.

OTHER ARTICLES

Covid-19 cyber security threat to impact businesses

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Single Layers Of Security Aren’t Enough To Protect Your Organization’s Data

Article | May 3, 2020

Next to your employees, your organization’s data is its most important resource. A data breach can devastate an organization’s finances and reputation for years. According to the 2019 Cost of a Data Breach Report, conducted by Ponemon Institute, the average total cost of a data breach in the U.S. is close to $4 million, and the average cost per lost data record is $150. Hackers are more sophisticated than ever and the value of data seems to rise every day. In fact, McAfee believes that 92% of organizations unknowingly have credentials for sale on the Dark Web or “dark net.”

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New Ransomware hitting Industrial Control Systems like a nuclear bomb

Article | February 10, 2020

Researchers at security firms including Sentinel One and Drago’s have been mystified by a piece of code named Ekans or Snake, over the last month. Drago’s publically released its full report on Ekans Ransomware that has recently inflicted Industrial Control Systems and these are some of the most high-value systems that bridge the gap between digital and physical systems. In the history of hacking, only a few times a piece of malicious code has been marked attempting to intrude Industrial Control Systems. Ekans is supposed to be the first Ransomware with real primitive capability against the Industrial Control Systems, software, and hardware used in everything from oil refineries to power grids. Researchers say this ransomware holds the capability to attack ICS by Honeywell and GE as well.

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CYBERSECURITY AND CORONAVIRUS: KEEPING YOUR BUSINESS SAFE

Article | March 19, 2020

Measures to mitigate the outbreak of COVID-19 have led to an unprecedented increase in remote working across the board. Our guest author Philip Blake, European Regional Director at EC-Council and cybersecurity expert, outlines key challenges and tips for staying secure while away from the office. As governments and businesses work on mitigating the impact of the ongoing COVID-19 outbreak, social distancing measures are leading to an increase in remote working across all sectors. The reasoning behind the measures is best left to health authorities, and are discussed at length elsewhere. The purpose of this article is to shed light on some of the key cybersecurity challenges around the sudden spike in remote work arrangements, and propose potential measures to keep networks as secure as possible during these times.

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Spotlight

Virtru

We believe everyone has a right to keep their digital content private and secure. We founded Virtru because we believe that exercising that right should be easy and convenient–simple email encryption for everyone. With Virtru, you can choose when to keep your digital content private and secure for its lifetime, even after it’s shared online. Manage and revoke access to emails, photos, files, and other content at any time, right from within your favorite programs like Gmail, Outlook, and Mac Mail on your desktop or mobile device.

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