Displaying items by tag: Data breaches

Data breaches, misconfiguration and inadequate change control and lack of cloud security architecture and strategy top the list of major security risks faced by organisations globally, according to a newly published survey from the Cloud Security Alliance.

The average value of a fraud transaction in Australia decreased 31%, from $387 in the fourth quarter of 2018 to $267 in the first quarter this year, according to a newly released global risk intelligence report.

The number of data breaches — 215 — reported to the Office of the Australian Information Commissioner for the March quarter was lower than any of the previous three quarters, but one breach resulted in more than 10 million individuals being affected, leading to speculation that this could have been the Marriott breach which was first reported in December last year.

Health services providers continue to top the industry sectors reporting breaches under the Notifiable Data Breaches act.

Global security firm Forcepoint has expressed alarm at the rising number of data breaches that are exposing the data of ordinary Australians to exploitation by malicious attackers.

In what has become merely a quarterly recital of statistics, the Office of the Australian Information Commissioner says it was informed of 245 data breaches affecting personal information from July to September. This is three more than the previous quarter.

More than four billion data records were compromised by data breaches worldwide in the first half of 2018, with six social media breaches accounting for more than 56% of the records compromised, according to a new global security report.

Companies involved in 14 major recent data breaches in Australia and the rest of the world — including human resources outfit PageUp People — did not even achieve a passing grade for the way in which they handled post-breach communications, the authors of a new book on breaches say.

Australia recorded 24 data breaches in the first six months of 2018, and stood fifth globally on a list that was headed by the US with 1074 leaks, according to the security firm Risk Based Security which recorded a total of 2308 breaches worldwide for the period.

Only one data breach of 242 reported to the Office of the Australian Information Commissioner in the April-June quarter affected more than a million individuals and up to 10 million, according to the OAIC's quarterly data breach report issued on Tuesday.

Boards around the world — including in Australia — are ramping up investment in data security and privacy in the rush to become compliant with the European Union’s new privacy law, the General Data Protection Regulation, and to avoid highly damaging data breaches, according to a newly published report.

The co-founder of email security firm, MailGuard, Simon Cocking, has joined Melbourne-based cyber security start-up Forticode as vice-president of Technology.

SaaS and enterprise mobile security vendor Bitglass claims the adoption of cloud security technologies lags cloud adoption, leaving many Australian and New Zealand organisations at risk of a data breach.

US-based global security vendor Centrify has appointed Vectra Corporation as a reseller for its identity management platform in Australia and New Zealand.

Most professional hackers say they could bypass security systems, locate critical data, and exfiltrate that data within 15 hours, and they label defence measures such as firewalls and antivirus as trivially easy to bypass.

Authentication with facial recognition will take off this year, according to identity defined security company Ping, which says that advances in biometrics, the mass exposure of personally identifiable information from numerous data breaches, and a blockchain craze will take hold in 2018.

A majority of Australian IT decision-makers believe reporting of data breaches to regulators will help prevent cyber crime.

Global security vendor Centrify has warned that the major data breach revelations that have marked the past year would continue in 2018 as organisations struggle to recognise that “unmanaged trust is at the core of their cyber security vulnerability”.

Global security solutions and identity services vendor Centrify has warned that the increasing size and frequency of data breaches clearly demonstrates that old security models based on protecting network perimeters are failing both businesses and consumers.

Many Australians are failing to adequately secure their data, including their social media accounts, despite increasing vulnerability to data breaches, according to new research.