According to Protiviti's 2013 IT Audit Benchmarking Survey, information technology challenges are top of mind for organizations and businesses of all types and sizes, including corporate board of directors. While not surprising as today virtually every organization, business or board uses IT, what is surprising is that most have significant room for improvement in their IT …
Big Data Collection Means Bigger and More Expensive Data Breaches
In today’s data sharing, collection and online environment, it’s almost a certainty that cyber attacks and/or data breaches will continue to happen. Such incidents will only get bigger which ultimately means more records will be exposed due to the large amounts of data that's collected and then stored in large databases. This is what is called "data at rest" and "big …
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Adobe Data Breach Insurance Case Study
The buzz this week is all about the latest reports in which Adobe admitted that it had suffered a far greater breach of data security in a cyber attack earlier this month. Technology lawyers have forecasted that the Adobe cyber attack could trigger a flood of legal action. Rightfully so as today when a data breach happens, its no longer a surprise when a lawsuit is filed the …
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Verizon 2013 DBIR asks: As long as we lock down the network we’ll be safe, won’t we?
According to the New Verizon 2013 Data Breach Investigation Report... It's still traditional assets (laptops, desktops and servers) that are most at risk -- not the new web applications that you might be spending your time worrying about. Verizon states that while the sophistication of attacks is growing, most breaches could still be easily prevented. Keeping on top of …
Data Breach Insurance for Small Medium Sized Businesses
A smaller company often means a smaller budget for IT security systems and personnel. Unfortunately, smaller budgets are not a valid excuse for not implementing proper data security policies and procedures. If a small-to-mid sized business (SMB) possesses, collects and processes Personally Identifiable Information (PII), it needs to apply “reasonable” security measures to …
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