Displaying items by tag: Data Breach

An enterprise network was always designed to keep the proverbial bad guys out, but with the rise of cloud computing and remote working the network's perimeter has shifted so much that the entire Internet is the perimeter. Today’s modern businesses need both the agility of the public cloud with the security of a private network. Here’s where NordLayer, from NordVPN, can help.

Published in Security

GUEST INTERVIEW: Just as security is now built into products, services and businesses from the ground up, so too should important legal issues be considered when starting a business, employing staff, dealing with data, IP, working form home, data breaches, staff who leave and much, much more, as lawyer Nicholas Stewart explains.

Published in Guest Interviews

GUEST INTERVIEW: Just as security is now built into products, services and businesses from the ground up, so too should important legal issues be considered when starting a business, employing staff, dealing with data, IP, working form home, data breaches, staff who leave and much, much more, as lawyer Nicholas Stewart explains.

Published in Business IT

Guest Opinion: Rapid digital transformations and remote work initiatives saw more than half of Australian organisations suffer a data breach in 2020, according to The Future of Cybersecurity in Asia Pacific and Japan report.

Published in Guest Articles

Melbourne's Swinburne University of Technology has taken a month to issue information about the leaking on the Internet of personal data over seven years.

Published in Security

SITA, the communications and technology vendor for 90% of the world's airlines, has suffered a breach involving data that was stored on SITA Passenger Service System servers, the company says in a public statement.

Published in Security

Transport for NSW has been hit by an attack on a file transfer system manufactured by the firm Accellion, the agency says.

Published in Security
Wednesday, 17 February 2021 04:01

Data breaches lead to loss of trust – and business

Identity provider Okta's research shows a data breach could dislodge nearly half of a company's customer base.

Published in Security

Researchers from the Blackberry Research and Intelligence Team say they have been tracking the activities of affiliates of the MountLocker ransomware group, another one of the numerous ransomware groups that attacks Microsoft's Windows operating system.

Published in Security

It's surprising that global cyber security firm Sophos has hidden from public view the fact that it has suffered a security breach which is said to have taken place during the week.

Published in Open Sauce
Friday, 20 November 2020 12:32

2021 DATA RISK REPORT FINANCIAL SERVICES

GUEST RESEARCH:  Varonis, a global pioneer in data security, has just released its 2021 Financial Services Data Risk Report, which delves into the state of data security in the banking, insurance, and investment sectors.

Financial services remains one of the most targeted industries by malicious attacks, partly due to the sensitive data it collects from customers, with the average cost of a data breach among the highest of any industry at 5.85 million USD. Despite the need to protect this sensitive data, on average, every employee has access to nearly 11 million files.

The abrupt transition to remote work has exponentially increased this risk, with employees logging in through unsecured networks and home computers. Furthermore, it has potentially increased the response time to a data breach.

Some of the key findings include:

  • A financial services employee has access to nearly 11 million files. For larger companies, the number doubles to 20 million files.
  • 20% of all folders are open to every employee.
  • 39% of companies have over 10,000 stale — but enabled — user accounts.
  • Nearly two-thirds of companies have 1,000+ sensitive files open to every employee.
  • About 60% of companies have 500+ passwords that never expire.

The full Varonis report can be accessed here.

Published in Guest Research

GUEST OPINION by Pasacal Geenens, Radware:   Knowing  and understanding the most important cyber threats that an e-commerce business will face is crucial this busy holiday shopping season.

Published in Guest Opinion

The Office of the Australian Information Commissioner has confirmed that it has made inquiries with Blackbaud, an American cloud software firm that was hit by ransomware and ended up paying a ransom to get its data decrypted.

Published in Security

ASX-listed Nitro Software, a firm that had its origins in Melbourne and offers a service to create, edit and sign PDFs and digital documents, appears to have suffered a data breach through cyber criminals gaining access to the company's cloud environment via a compromise of access tokens, the cyber security firm Cyble has told iTWire.

Published in Security

ASX-listed Nitro Software, a firm that had its origins in Melbourne and offers a service to create, edit and sign PDFs and digital documents, has issued an update on Wednesday to its earlier statement regarding a data breach, in what appears to be an attempt to negate the details published about the incident by the American website Bleeping Computer and a number of other websites.

Published in Security

A software firm that had its origins in Melbourne has suffered a data breach that it has described in a notice to the ASX as "an isolated security incident" but which cyber security provider Cyble has claimed is a massive leak that affects companies like Google, Microsoft, Apple, Chase and Citibank.

Published in Security

Unions NSW, the peak body for unions in the state, has warned that the lack of a requirement that the State Government inform workers and residents they have suffered a data breach would result in them being unaware that their personal data has been stolen.

Published in Security

Investigations by Cyber Security NSW into an apparent data breach of scanned NSW driver licences have confirmed a commercial entity is responsible.

Published in Security

Australian workforce design and delivery firm Tandem Corp has confirmed that it was the victim of a cyber attack recently, with one of its Melbourne offices coming under attack.

Published in Security

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments