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Data Breaches

GDPR: A Well-intentioned Concept Hits the Realities of Implementation

75% of Organizations Will Struggle to Meet EU GDPR Regulations by Deadline, Survey Finds Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, released findings today from an independent survey probing attitudes towards the EU General Data Protection Regulations (EU GDPR), due to come into effect one year from today. The survey, which polled ... Read More »

Bank Data Breaches Are Up and It’s An Inside Job

There have been many high-profile bank breaches in the news of late, and much of the blame has been laid on these institutions’ legacy operating systems, and their inability to cope with new forms of cyber-attacks, including breaches. However, a bigger security flaw may in fact come from another source. Data breaches are on the rise in financial services (FS): ... Read More »

To Stop Data Breaches, Start with Databases

Large-scale data breaches have become so common that even tens of millions of records leaking feels unremarkable. One frequent culprit that gets buried beneath the headlines? Poorly secured databases that connect directly to the internet. While companies commonly use these databases to store tempting troves of customer and financial data, they often do so with outdated and weak default security ... Read More »

German Cyber Crime Rose 80% in 2016 According to the Latest Statistics Issued by German Ministry of Interior

The German government registered 82,649 cases of computer fraud, espionage and other cyber crimes in 2016, as compared to 2015 statistics of 45,793, an increase of just over 80 percent from 2015.  The German Interior Minister Thomas de Maiziere released the new statistics, as part of the government’s annual crime report on Monday April 24, 2017.  Only 38.7% of the ... Read More »

Keep the Date: BIIA 2017 Biennial Conference Bangkok, Thailand October 18 to 20, 2017

BIIA Biennial Conference 2017

BIIA invites its members from the business and credit information industry, users of information services, government policy makers and regulators to attend the BIIA 2017 Biennial Conference, where we intend to discuss disruptive technologies  impacting our industry and the businesses of our customers. Venue: The Okura Prestige Hotel, Bangkok Thailands October 18, 2017: 13:00 hrs:  Registration opens 17:00  hrs: Membership ... Read More »

Data Breach at Wonga Involving Data on 245,000 UK Customers

Payday lender Wonga has suffered a data breach that has exposed names, e-mail addresses, home addresses, phone numbers, the last four digits of card numbers, bank account numbers and sort codes. The ICO has confirmed that it has received a breach notification and is investigating the matter. A spokesperson for Wonga said: “Wonga is urgently investigating illegal and unauthorised access ... Read More »

Data Breaches Attack All Parts Of A Business

Data breaches are an enterprise problem involving legal counsel, human resources, corporate communications and other incident response (IR) stakeholders, say Verizon. This is based on Verizon’s Data Breach Directory (DBD) case files that provide most of the data for its Data Breach Investigations Report (DBIR), and the latest report lists the 16 most common or lethal data breach scenarios from the point ... Read More »

Healthcare Starts Spending Big On Cybersecurity

Over 80% of US healthcare organizations and 76% of global healthcare organisations will increase information security spending in 2017, reflective of a rapid transition to electronic health records and increasingly digitized personal health data. The spending comes with the recognition that digitisation is a double-edged sword.  According to the 2017 Thales Data Threat Report, Healthcare Edition, requirements in the US ... Read More »

Hong Kong’s 3.7 Million Voters Exposed in Massive Data Breach

Hong Kong might just have experienced its biggest ever data breach after the personal details of the Special Administrative Region (SAR)’s 3.7 million voters were stolen on two laptops. The details are said to have included ID card numbers, addresses and mobile phone numbers. They were stored on two laptops in a locked room at the AsiaWorld-Expo conference center near ... Read More »

Japanese GMO Payment Gateway Implements Extra Measures Following Data Breach

Japanese payment processing services provider GMO Payment Gateway Inc (TYO:3769) reiterated its commitment to personal data safety, following a credit card data leakage that affected the websites of two of its clients – the Tokyo Metropolitan Government and the Japan Housing Finance Agency. GMO Payment Gateway conducted a meeting of its Board of Directors recently, with the incident being the ... Read More »

Data Leakage at Dun & Bradstreet

A Dun & Bradstreet database, originating from the NetProspex acquisition, containing approximately 33 million unique email addresses and other contact information from employees of thousands of companies, has been leaked online. Troy Hunt, who runs breach notification site Have I Been Pwned, obtained the database and analyzed the records. In a blog post Tuesday, Hunt said the breakdown was entirely US-focused. California ... Read More »

London Insurers Are Handling ‘hundreds’ Of Breach Claims

Insurance claims for data breaches are being made at a rate of more than one a day, figures from CFC Underwriting suggest. The London firm said that in 2016 it had handled more than 400 claims on cyber-breach policies it had issued. The main types of attack being claimed for were privacy breaches and the theft of cash with the massive amount ... Read More »

Healthcare Data Breaches in 2017 Will Get Worse

The health care industry is expected to be hackers’ most heavily targeted sector in 2017, according to the latest “Data Breach Industry Forecast” from Experian.  The explanation is simple: personal medical data is among the most valuable kinds of information to target because once the data is made inaccessible, health care officials will pay handsomely to get it back. These ... Read More »

The One Billion Accounts Hack: Yahoo

Security researchers are disturbed that it took Yahoo three years to discover that details on more than 1 billion user accounts had been stolen in 2013. The breach suggests that someone, possibly a state-sponsored actor, had access to one of the largest email user bases in the world, without anyone knowing. The stolen database may have even included information on ... Read More »

Experian: What Will the Data Breach Landscape Look Like in 2017?

Experian Data Breach Resolution releases its fourth annual Data Breach Industry Forecast with five key predictions While many companies have data breach preparedness on their radar, it takes constant vigilance to stay ahead of emerging threats and increasingly sophisticated cybercriminals. To learn more about what risks may lie ahead, Experian Data Breach Resolution releases its fourth annual Data Breach Industry Forecast white ... Read More »