While there’s been a lull in 2019, the data breach and regulatory-related fines from the Department of Health and Human Services do keep piling up.
It turns out, if recent research is any indication, when one company is breached in a vertical market other companies in that vertical market become less attractive places for investors to stick their capital. Yet, when companies share their cybersecurity risk management they significantly outperform their peers that don’t disclose their cybersecurity efforts.
According to a new study, 2019 has been yet another brutal year for healthcare cybersecurity. In 2019, so far, nearly four out of five breaches in the industry struck health care providers. And 53% of those attacks were at the hands of external attackers, respondents to a new survey said.
Cybersecurity trends are always evolving. And the Security Industry Association, a trade group that focuses on physical and cyber security, believes it has identified the security “megatrends” that will dominate the immediate and long-term changes within the international security industry.
During the 1964 Free Speech Movement at the University of California, Berkeley, activist Jack Weinberg said: “Don’t trust anyone over 30.” Well, when it comes to cybersecurity, it may be more accurate to say Don’t trust anyone under 30.
The 2019 Cybersecurity and Threat Preparedness Survey found that 65% of the cybersecurity and IT executives surveyed believe that artificial intelligence and machine learning will be able to solve more security problems than humans can solve.
According to the most recent Notifiable Data Breaches Report published by the Office of the Australian Information Commissioner (OAIC) data breaches rose considerable in the most recent quarterly reporting period.
Some say first impressions aren’t everything, and in many cases first impressions can be wrong. But they certainly are powerful, and bad first impressions can be difficult to overcome. This is true for friendships, dating, potential business partners, and more.
While the early promises in the move to cloud computing promised to simplify cloud management and security, and in many ways these promises have been kept. However, in other ways, cloud environments have increased security complexity. In fact, according to a recent survey, 84% of security professionals report that their organizations struggle to maintain secure cloud configurations.
When it comes to enterprise data, it’s employees that create some of the biggest risks, yet they still hold a considerable amount of trust from senior cybersecurity and business leaders. That’s the dislocated findings from the 2019 Global Data Exposure Report, conducted by Forrester Consulting and commissioned by data loss protection software maker Code42.
Banks, like most industries, are undergoing profound digital transformations. They’re trying to compete, lower business risk, and cut costs from their business operations.
As we’ve recently covered, cybersecurity in financial services is having a challenging time keeping up with the rate of technological change. A survey conducted by the Ponemon Institute (on behalf of electronic design automation and software security company Synopsys) found that more than half of the financial services companies they surveyed suffered data breaches or system downtime due to attack.
