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SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. ” The U.S.

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MAY 13, 2019

Wolters Kluwer , which fell victim to a malware attack last week, sent a “quiet panic” through the accounting industry, with clients unable to access data and do their jobs. Experts also warned of a SAP system vulnerability, while an anonymous utility revealed last week that it fell victim to a significant cyberattack.

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NOVEMBER 25, 2019

As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. A 2014 breach at Marriott, for example, cost the chain over $100 million before fines were levied under EU rules.

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NOVEMBER 13, 2020

Following a cyberattack that exposed patients’ mental health records last month, Finland is moving ahead with legislation that would let people change their personal identity codes in certain instances, according to an Associated Press (AP) report. The breach was first made known last month.

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FEBRUARY 10, 2020

10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. “There are exceptions, though.”

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NOVEMBER 3, 2020

Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019. Cyberattacks are accelerating and have noticeably spiked over the course of the coronavirus pandemic. Hacks have skyrocketed 67 percent since 2014 and 11 percent since 2018, data shows. Attorney G.

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SEPTEMBER 11, 2018

11) that the data breach at British Airways was due to credit card skimming installed by malware hackers. The researcher said the group was highly targeted in their approach, and that the British Airways breach was part of a broader plot to steal records from various websites. This is just the latest breach to hit an airline.

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APRIL 9, 2020

Sodinokibi, the alleged perpetrators of the cyberattack, claimed responsibility for the breach. The attack caused Travelex to dismantle websites in 30 countries to contain viruses and protect data. At that time, the group said it no longer held the data, but failed to provide specifics on what it had stolen. “It

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SEPTEMBER 14, 2020

The fallout continues to grow, with reports noting its slew of nonprofit and corporate customers have now been exposed to security threats as a result of data stolen in the Blackbaud breach. Cybersecurity experts at Breach Clarity now peg the number of clients impacted at 136. Blackbaud's data breach isn't unique, per se.

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NOVEMBER 9, 2016

Business owners may think “it won’t happen to me,” or they may be confident in their ability to remain unaffected by a cyberattack. But a new report by Accenture uncovers just how big of a threat cyberattacks are on businesses.

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JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. More than 90 percent of Americans have fallen victim to online scams, data breaches, identity theft or other forms of fraud, though certain varieties are more common than others.

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FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. In its announcement , Mastercard noted that providing educational resources for small businesses to mitigate the risk of cyberattacks not only helps the individual businesses, but supports the economy at large.

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NOVEMBER 15, 2018

15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which found that 59 percent of companies surveyed said they have experienced a data breach caused by their vendors or third parties. Opus said that in the U.S., Opus said that in the U.S.,

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Data Risk Management Resources Survey 195

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APRIL 9, 2018

The high-profile data breach that hit Saks and Lord & Taylor was already eclipsed just days later when news of possible similar attacks at Best Buy, Delta and others hit headlines. Gartner research director Ruggero Contu cited high-profile attacks, like the Equifax breach , as a key motivator behind this spend.

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MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. A rising challenge for the enterprise is the fact that cyberattackers are becoming increasingly sophisticated in their methods.

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MAY 30, 2019

the title insurance company that exposed the data on hundreds of millions of mortgages dating as far back as 2003, is being sued in a class-action lawsuit. Last week, the news broke that First American Financial exposed the data on 885 million mortgages, with the company blaming the exposure on a design defect in one of its applications.

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DECEMBER 3, 2018

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done by security breaches. In addition, payouts for data breaches might be limited to the legal minimum, without anything extra the client may want to spend, such as keeping customers informed.

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OCTOBER 28, 2019

UniCredit has revealed a data breach that leaked information belonging to three million customers from Italy, Reuters reported on Monday (Oct. The data leak did not include any financial information or the credentials required to access client accounts. When the breach was discovered last Thursday (Oct. Director Samuel S.

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OCTOBER 26, 2018

Following a data breach at learning platform Lynda in 2016, two hackers were indicted in Florida this month on charges of extortion and hacking. According to the reports, the allegations are similar to those of a reported data breach at Uber. drivers’ license numbers. drivers’ license numbers.

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Florida Data Security Report 134

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SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. My understanding is the breach was perpetuated via the Apache STRUTS flaw,” Meuler told The Post. Large-scale security breaches are becoming all too common.”.

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OCTOBER 16, 2020

The ICO’s investigation revealed that the airline broke data protection laws by lacking sufficient security measures when processing customers’ personal information. The cyberattack went unnoticed for over two months and was ultimately brought to the airline’s attention by a third party, TechCrunch reported. s biggest data breaches.

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OCTOBER 18, 2016

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage.

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DECEMBER 6, 2018

million each year due to cyberattacks, while a mid-sized firm loses an average of $11,000 annually. The results found that 62 percent of organizations in India have either experienced a cybersecurity incident or do not know if one has happened because the proper forensics or data breach assessments have not been carried out.

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OCTOBER 11, 2018

Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion to online fraud every year. However, preventing cyberattacks from impacting an FI is only half the battle. Around The Security And Authentication Space. Even the U.S. About The Report.

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OCTOBER 19, 2017

In what may be South Africa’s largest data breach, hackers may have gotten away with extensive personal information, including ID numbers, income, marital status, employment details and property ownership information. The breach may have impacted 30 million unique records, but that number could increase even more.

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OCTOBER 12, 2017

A significant portion of small businesses (SMBs) may not even know they have been a cyberattack victim due to a lack of understanding as to what constitutes a cyberattack, according to new research from insurance firm Nationwide. This week, the company published the results of a survey of 1,069 U.S.

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DECEMBER 4, 2017

Senate last week calling for jail time for executives who hide data breaches. As reported by Wired , the bill would result in the imprisonment of executives for up to five years if they don’t report a breach within 30 days of learning of it. vowed to open up inquiries into the data breach and its handling.

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NOVEMBER 7, 2019

Capital One ’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov. Capital One employees raised red flags over security risks before the company suffered a massive data breach.

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DECEMBER 5, 2018

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode. Rather, a hack at its credit reporting vendor Experian led to the data breach. Hospital network Atrium Health revealed that the data of up to 2.65 Even so, the damage had been done.

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Security Fintech Risk Management Strategy 192

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JULY 16, 2019

This marks the eighth major cyberattack on a cryptocurrency in 2019 and is one of the largest. The hackers were able to pass security checks completely, although the company acted quickly and halted all withdrawals once aware of the breach. Other major cyberattacks this year hit crypto exchanges Dragonex, Coinmama, and Cryptopia.

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cryptocurrency Security Survey Bitcoin 128

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MARCH 5, 2020

The breach was one of the largest in the U.K. Virgin Media stated in response to the incident that the breach was caused by a staff member not following the proper directions, and said the incident was not a cyberattack. as of late due to the sheer volume of customers affected. The issue was only rectified last week.

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AUGUST 1, 2019

The British company knew of the data breach around November 2018, but only now went public with the details, a person familiar with the matter told WSJ. The cyberattack was reported to Pearson by the FBI in March. The data breach mostly affected students in the U.S., We apologize to those affected.”.

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Data Software Capital Report 108

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MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. But all the money in the world to secure an organization’s back office won’t necessarily help safeguard all company data.

Survey 139

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DECEMBER 14, 2020

Reports of widespread cyberattacks on several U.S. government agency websites have sent shockwaves throughout the country and the world, raising concerns about the ability of any institution to protect its vital and confidential data. The thinking goes that if the U.S.

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Security US Washington Software 214

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OCTOBER 30, 2018

Federal Trade Commission (FTC) the latest to place emphasis on the importance of safeguarding data and systems. Yet, the data suggests that small businesses may not be aware of the risk they face from cybercriminals. Like the FTC, QuickBridge emphasized the role of employee training in protecting against cyberattacks.

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AUGUST 9, 2018

Trading of stolen data is worth a cool $160 billion, crimeware-as-a-service makes criminals $1.6 One data breach is remedied, another is discovered. Organizations are spending a lot of time and money to protect data (and their reputations), and yet the moles keep popping up. Cybercriminals make an estimated $1.5

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