Author Archives: John Zorabedian

What’s new in the 2023 Cost of a Data Breach report

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Data breach costs continue to grow, according to new research, reaching a record-high global average of $4.45 million, representing a 15% increase over three years. Costs in the healthcare industry continued to top the charts, as the most expensive industry for the 13th year in a row. Yet as breach costs continue to climb, the […]

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What’s New in the 2022 Cost of a Data Breach Report

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The average cost of a data breach reached an all-time high of $4.35 million this year, according to newly published 2022 Cost of a Data Breach Report, an increase of 2.6% from a year ago and 12.7% since 2020.

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Ransomware Resilience Tops Findings in X-Force Threat Intelligence Index 2022

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For the third year in a row, ransomware was the top attack type globally in 2021, despite some successes last year by law enforcement to take down ransomware groups. This was among the top findings of IBM Security’s latest research published in the tenth annual X-Force Threat Intelligence Index, a comprehensive overview of the global […]

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What’s New in the 2021 Cost of a Data Breach Report

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Has cybersecurity ever been more important than it is right now? Even in these extraordinary times, with its focus on manufacturing vaccines and getting shots into arms, new research in the Cost of a Data Breach Report shows that the increasing cost of security breaches makes preventing and responding to these threats a critical concern. […]

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What’s New in the 2020 Cost of a Data Breach Report

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In a world of uncertainty and change, it’s a comfort that some things are consistent year after year. Now in its 15th year, the annual Cost of a Data Breach Report, with research by the Ponemon Institute and published by IBM Security, continues to provide a detailed view of the financial impacts security incidents can […]

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Cybercriminals Spoof Major Accounting and Payroll Firms in Tax Season Malware Campaigns

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IBM X-Force researchers observed cybercriminals engaging in three tax-themed malware campaigns likely aimed at businesses but with the potential to spread to consumers as well.

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Cryptojacking Rises 450 Percent as Cybercriminals Pivot From Ransomware to Stealthier Attacks

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Cybercriminals made a lot of noise in 2017 with ransomware attacks like WannaCry and NotPetya, using an in-your-face approach to cyberattacks that netted them millions of dollars from victims. But new research from IBM X-Force, the threat intelligence, research and incident response arm of IBM Security, revealed that 2018 saw a rapid decline in ransomware […]

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Cybersecurity Leaders From Maersk and Westfield Insurance Discuss Digital Transformation at Major Industry Event

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IBM Security General Manager Mary O’Brien sat down for a fireside chat with Kevin Baker, CISO of Westfield Insurance, and Maersk CISO Andy Powell about how digital transformation impacts security.

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Data Breach Fatigue Makes Every Day Feel Like Groundhog Day

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The incessant stream of high-profile data breaches can make every day seem like Groundhog Day. How can businesses combat data breach fatigue and rebuild trust through improved breach response?

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