PwC recently conducted a survey of organizations in the UK about cyber security incidents. In the 2015 Information Security Breaches Survey, commissioned by the Department for Business, Innovation and Skills (BIS), it’s clear that security breaches continue to rise and also that the average cost per breach is rising even more quickly.
According to the 2015 Cyber Security Intelligence Index compiled by IBM, there are more successful cybersecurity incidents than ever before. Between 2013 and 2014, the number of security events dropped by 36%, but the number of resultant security incidents remained static, showing a greater success rate. Even more troubling, more “bad guys” are insiders than ever before.
An Absolute wake up call is when you find out terabytes of corporate data are at risk. Or that over 10% of your devices are missing. Our customers get Absolute wake up calls every day. They love them because instead of waiting for disaster to strike, they can take control and avoid a data breach or other security incident altogether.
All nine of the most dangerous enterprise vulnerabilities detected in the wild are more than three years old. This means that most enterprise vulnerabilities are not new or cutting edge, putting to rest many enterprise fears about “keeping up” with evolving data security risks. It’s clear from the data, it’s just as important to clean house and address existing vulnerabilities.
Absolute today announced new security functionality to the Absolute DDS (formerly Absolute Computrace) Customer Centre. In our latest update, we extend IT oversight to include the status of Microsoft System Center Configuration Manager (SCCM) on each device as well as the integration of Absolute alerts with Security Information and Event Management (SIEM) solutions.
Google engineer and computer security expert Justin Schuh was recently interviewed by Business Insider’s Jillian D’Onfro on the state of cybercrime and how the shift from “hacktivism” to “big business” has dangerous implications for data security.
We recently released a study on device security that showed a clear disparity between how Millennials and other generations treat corporate data. According to our 2015 US Mobile Device Security Report, Millennials (age 18-34) pose a greater risk to data security by engaging in greater personal use of corporate devices, changing default settings, and accessing risky content (personal email, online banking or shopping, social media, public WiFi, file sharing etc). This risk increases the higher in the organization you go.
The Ponemon Institute and IBM recently released the 2015 Cost of Data Breach Study which indicates that costs associated with data breaches continue to rise. The cost of a data breach in 2014 was $154 per record, up from $145 in 2013, a 6% increase. The average cost of a data breach to an organization increased 23% over the past 2 years to $3.79 million. In the case of mega-breaches, those which affected millions of people, the costs are even higher (and are not reflected in these average costs).