A recent study by SecurityScorecard reveals one thing no retail bank wants to admit: That malware is getting more sophisticated and tougher to block. A report by CIO delves into the details of the study, which explains that the sheer volume of types of malware...
When massive data breaches occur — such as the one that hit the U.S. federal computer networks last week (June 5) — the logistical cleanup that comes as part of the breach aftermath often reveals just how much personal data was actually compromised. In the...
According to UK government research published this week, the average cost of the most severe online security breaches for a big business now starts at £1.46 million ($2.23 million)– up from £600,000 ($919 680) in 2014. With 90 percent of large organizations and 74 percent of...
With cybercriminals increasingly targeting medical records and financial data around the globe, companies are finding the average cost of a data breach has been skyrocketing — and now tops $3.8 million on average, according to a recent study. Ponemon Institute, a data research organization, announced...
May 29, 2018
Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC) announced Monday (May 28) that hackers stole data on close to 90,000 customers. According to a report in Reuters, Bank of Montreal said it was contacted by hackers who claimed to have personal and financial data on its customers — the bank thinks it’s less than […]
June 30, 2015
A recent study by SecurityScorecard reveals one thing no retail bank wants to admit: That malware is getting more sophisticated and tougher to block. A report by CIO delves into...
June 08, 2015
When massive data breaches occur — such as the one that hit the U.S. federal computer networks last week (June 5) — the logistical cleanup that comes as part of...
May 28, 2015
With cybercriminals increasingly targeting medical records and financial data around the globe, companies are finding the average cost of a data breach has been skyrocketing — and now tops $3.8...
