Top 25 Financial Data Breach Statistics for 2020

Articles of interest from the week of August 3, 2020

Top 25 Financial Data Breach Statistics for 2020

Data breach statistics show that cybercriminals know exactly how sensitive online banking data is in the 21st century. In this ever-expanding sea of data, new pirates set sail by the minute, and the need for better security becomes more and more urgent. (By G. Dautovic, Fortunly) Ingalls: We can provide a managed approach to Incident Response, beyond a simple investigation. We routinely support our Incident Response clients by coordinating crisis response efforts that include evidence collection, containment and remediation of the intrusion, and communications with law enforcement.

 

Is Your Medical Data Safe From the Data Breach Epidemic?

We know that data breaches occur regularly. Haven’t we all scrambled to secure an account after news of a breach at one of our online haunts appeared in news headlines? Unfortunately, massive data breaches at well-known companies represent just a tiny portion of the problem. We never hear about the vast majority of smaller data breaches that occur daily at businesses with lower profiles. (Dr. Hafsa Akbar Ali, TechEngage) Ingalls: If your organization experiences a data security breach, there are 15 steps that you can take to help your organization respond and, hopefully, recover from the incident.


Cybercriminals Are Developing and Boosting Their Attacks

An INTERPOL assessment of the impact of COVID-19 on cybercrime has shown a significant target shift from individuals and small businesses to major corporations, governments and critical infrastructure.(By Help Net Security) Ingalls: Our Incident Response (IR) Retainer helps our clients of all sizes to plan for the worst and ensure that qualified experts are available to quickly investigate and help resolve cybersecurity incidents.


Top 5 Things to Know About Security Breaches

Verizon just put out its annual Data Breach Investigations Report (DBIR). The company reviewed 32,002 security incidents and confirmed 3,950 data breaches across 16 industries. These reports are good at helping you discover some insights to keep yourself secure. Here are five takeaways from the DBIR report to know about data breaches. (By Tom Merritt, TechRepublic) Ingalls: Our Managed Detection and Response (MDR) service is designed for advanced detection, threat hunting, anomaly detection and response guidance utilizing a defense-in-depth approach which monitors and correlates network activity with endpoints, logs and everything in between. Unlike a traditional Managed Security Service Provider (MSSP), our service is geared toward proactive prevention. We do this by utilizing the very latest in cloud, big data analytics technology, and machine learning along with the cybersecurity industry’s leading incident response team, to identify threats to your environment.


How Can Security Leaders Maximize Security Budgets During a Time of Budget Cuts?

It’s no secret that the current pandemic is causing a major strain on consumers and businesses alike. As the U.S. teeters on the verge of a recession, companies are cutting their spending wherever they can — including in cybersecurity. Gartner estimates that security faces cuts as high as $6.7 billion — an unfortunate outcome, particularly since most organizations are also experiencing an expansion of their attack surface as a result of more people working from home. (By Jake Olcott, Help Net Security) Ingalls: We believe it is important that there are affordable and effective cybersecurity solutions for businesses of every size. We offer best-in-class information security solutions suitable for the largest enterprise companies at a price point that is affordable for SMBs. Request a demo for your company today.

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