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IBM report describes the real cost of a data breach – and it is scary
The IBM report, now in its 17th year, illustrates just how expensive breaches are and it makes for scary reading. Costs rose 10% in 2020/21. Read more…
data breach
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Data breach at McDonald’s – what on Earth did they want, a Big Mac?
The recent data breach at McDonald’s in South Korea and Taiwan just sounds weird. A bank, insurance company, a telco are easy to understand. Read more…
News
Japanese app Line allowed Chinese engineers to access user data
Japanese messaging app Line allowed Chinese engineers at a Shanghai affiliate to access data on Japanese users without seeking their consent. Read more…
News
Singtel third-party file-sharing system (FTA) hacked, data breached
A third-party file-sharing system (FTA) used by Singapore telco, Singtel, has been hacked and customer information may have been compromised. Read more…
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Cybercrime and the irony of tighter regulation
The irony is that the business losses through cybercrime data breaches will be driven ever higher by regulation. Read more…
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Think investing in security is pricey? The cost of breaches is worse
Just in case anyone thought that the world was not taking security seriously enough, Juniper Research has predicted that spending on cyber security will be a $134 billion a year market by 2022. This figure, Read more…
News
Leaked Malaysian mobile data may have been for sale for years
KUALA LUMPUR/SINGAPORE (Reuters) – Personal details of tens of millions of Malaysians obtained from a 2014 data breach have likely been available for sale for a long time, according to the founder of an online Read more…
News
Personal data of almost every mobile user in Malaysia leaked
KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile phone subscribers online, in what appears to be one of the largest leaks of customer Read more…
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Data breach stats for last year not pleasant reading and likely to get worse
The latest data breach stats report from vendor Gemalto shows an increase of 86% YoY. Theft of personal data was top of the data breach stats in 2016, accounting for 59% of all data breaches. In Read more…
