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.
Absolute Software is pleased to announce the availability of Absolute Service 8.6, an update which creates an even more flexible and simplified ticketing solution for IT Help Desks. This release also introduces a number of new features across all areas of the application, including:
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).
There’s no question that healthcare data breaches are reaching an all-time high. With health records fetching as much as 10 times the value of credit card data on the black market, cybercriminals are targeting healthcare organizations now more than ever. 2015 is poised to become the “year of the hack” in healthcare, with cybercriminals exploiting any vulnerability they can find, be it an unmatched system or an insecure endpoint.
2014 marked a noticeable shift with data breaches, big brands and mega-breaches dominating the news. Data breaches became very public and the accountability for these data breaches shifted; we even saw the CEO of Target lose his job following a data breach. 2015 has continued along the same path, with high profile breaches such as the 80-million-customer breach suffered by Anthem.
It has recently been estimated that BYOD in the K-12 classroom will hit 20% by the end of 2015, supporting the digitization of the classroom that is revolutionizing the learning experience. Thanks to technology, students have become “creators” rather than “consumers” of their learning experience. The introduction of mobile technology has been a challenge for many school districts, and the shift toward BYOD even more so. Deployment, training, management and security are all issues that school districts are faced with.
The cost of the 2014 Home Depot data breach, which affected 56 million credit cards and 53 million emails, continues to rise. Home Depot is facing at least 44 lawsuits, including a class action suit for $500 million. According to first quarter reports for 2015, the costs continue to accumulate for Home Depot.
David Blumenthal and Deven McGraw recently wrote an editorial article for The Journal of the American Medical Association on Keeping Personal Health Information Safe: The Importance of Good Data Hygiene. The article re-enforces what many security experts are saying, and what we also advocate here at Absolute, that most data breaches result from mundane problems: from poor “data hygiene,” if you will.