Companies still struggle to detect IoT device breaches

Only 48% of businesses can detect if any of their IoT devices suffers a breach, according to Gemalto. This comes despite companies having an increased focus on IoT security: Spending on protection has grown (from 11% of IoT budget in 2017 to 13% now) N… Continue reading Companies still struggle to detect IoT device breaches

Consumers believe social media sites pose greatest risk to data

A majority of consumers are willing to walk away from businesses entirely if they suffer a data breach, with retailers most at risk, according to Gemalto. Two-thirds (66%) are unlikely to shop or do business with an organisation that experiences a brea… Continue reading Consumers believe social media sites pose greatest risk to data

945 data breaches led to compromise of 4.5 billion data records in first half of 2018

Gemalto released the latest findings of the Breach Level Index, a global database of public data breaches, revealing 945 data breaches led to 4.5 billion data records being compromised worldwide in the first half of 2018. Compared to the same period in… Continue reading 945 data breaches led to compromise of 4.5 billion data records in first half of 2018

Businesses collect more data than they can handle, only half know where sensitive data is stored

With pressure to ensure consumer data is protected mounting, Gemalto today released the results of a global study which reveals that 65% are unable to analyze all the data they collect and only 54% of companies know where all of their sensitive data is… Continue reading Businesses collect more data than they can handle, only half know where sensitive data is stored

2.6 billion records were stolen, lost or exposed worldwide in 2017

Gemalto released the latest findings of the Breach Level Index, revealing that 2.6 billion records were stolen, lost or exposed worldwide in 2017, an 88% increase from 2016. While data breach incidents decreased by 11%, 2017 was the first year publicly… Continue reading 2.6 billion records were stolen, lost or exposed worldwide in 2017

As the cloud’s popularity grows, so does the risk to sensitive data

While the vast majority of global companies (95%) have adopted cloud services, there is a wide gap in the level of security precautions applied by companies in different markets. Organizations admitted that on average, only two-fifths (40%) of the data… Continue reading As the cloud’s popularity grows, so does the risk to sensitive data

Most organizations and consumers believe there is a need for IoT security regulation

90% of consumers lack confidence in the security of Internet of Things (IoT) devices. This comes as more than two-thirds of consumers and almost 80% of organizations support governments getting involved in setting IoT security, according to Gemalto. “It’s clear that both consumers and businesses have serious concerns around IoT security and little confidence that IoT service providers and device manufacturers will be able to protect IoT devices and more importantly the integrity of the … More Continue reading Most organizations and consumers believe there is a need for IoT security regulation

Number of lost, stolen or compromised records increased by 164%

According to Gemalto’s Breach Level Index, 918 data breaches led to 1.9 billion data records being compromised worldwide in the first half of 2017. Compared to the last six months of 2016, the number of lost, stolen or compromised records increased by 164%. A large portion came from the 22 largest data breaches, each involving more than one million compromised records. Of the 918 data breaches more than 500 (59% of all breaches) had an … More Continue reading Number of lost, stolen or compromised records increased by 164%

1.37 billion data records compromised globally in 2016

Gemalto’s Breach Level Index revealed that 1,792 data breaches led to 1.37 billion data records being compromised worldwide during 2016, an increase of 86% compared to 2015. Identity theft was the leading type of data breach in 2016, accounting for 59% of all data breaches. In addition, 52% of the data breaches in 2016 did not disclose the number of compromised records at the time they were reported. The Breach Level Index (BLI) is a … More Continue reading 1.37 billion data records compromised globally in 2016