Category Archives: data breach response

How Do Some Companies Get Compromised Again and Again?

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Hack me once, shame on thee. Hack me twice, shame on me. The popular email marketing company, MailChimp, suffered a data breach last year after cyberattackers exploited an internal company tool to gain access to customer accounts. The criminals were able to look at around 300 accounts and exfiltrate data on 102 customers. They also […]

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How Breached Companies Become the Face of Change

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I’ve always told my kids that everyone makes mistakes. What really matters is how you handle them and that you learn from what happened.  SolarWinds followed the same thinking in how it handled its 2020 breach. Not only did the company write its comeback story to help improve its reputation, but it is also working […]

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How Do Data Breaches Impact Economic Instability?

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Geopolitical conflict, inflation, job market pressure, rising debt — we’ve been hearing about economic headwinds for a while now. Could data breaches have anything to do with this? According to a recent IBM report, the average cost of a data breach has reached an all-time high. Like any other business liability, these costs must be […]

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Companies Without Zero Trust Could Lose $1M More During a Data Breach

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In recent years, the mindset for cybersecurity has shifted. It isn’t a matter of if a company has a breach, but rather when a company has a breach. With the increase in cybersecurity incidents, most if not all companies will be victims of a data breach at some point. However, the latest research shows that organizations […]

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Cost of a Data Breach: Retail Costs, Risks and Prevention Strategies

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Whether it’s online or brick-and-mortar, every new store or website represents a new potential entry point for threat actors. With access to more personally identifiable information (PII) of customers than most industries, bad actors perceive retail as a great way to cash in on their attacks. Plus, attackers can duplicate attack methods more easily since […]

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How EDR Security Supports Defenders in a Data Breach

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The cost of a data breach has reached an all-time high. It averaged $4.35 million in 2022, according to the newly published IBM Cost of a Data Breach Report. What’s more, 83% of organizations have faced more than one data breach, with just 17% saying this was their first data breach. What can organizations do […]

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Security Automation Can Save You $3.05M in a Data Breach

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When it comes to reducing security breach costs, companies with security artificial intelligence (AI) and automation can save millions, per a new report. According to the most recent IBM Cost of a Data Breach Report, organizations with fully deployed security AI and automation save $3.05 million per data breach compared to those without. That’s a 65.2% […]

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Cost of a Data Breach: Banking and Finance

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The importance of cybersecurity has touched almost every industry. Beyond that, robust cybersecurity is table stakes for several sectors, particularly health care and the banking and finance industry. Not only is financial data at risk, but so is customer trust. In banking and finance, trust means everything.  Yet, consumers are hesitant to share their confidential […]

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How to Prepare for and Respond to a Data Privacy Breach

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Before I started covering cybersecurity, I thought the term ‘breach’ had a single meaning — that an attacker stole data from a computer system. I also thought all the different versions of the word meant the same thing. However, I’ve since learned the nuances and differences between a breach, a data breach and a data […]

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What the SEC Requires From Businesses After a Data Breach

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Consumers have become wary of data breaches and the decreased safety of their personal information. However, the cost of a data breach is no longer only a matter of money and your company’s good name. There is now a third critical reason to pay attention: the U.S. Securities and Exchange Commission — more commonly referred […]

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