Posts Tagged ‘Halloween’

Trick or Breach: Frightening Spike in Data Security Incidents

Wednesday, October 31st, 2012

Who’s lurking around your valuable data? According to new figures from the Information Commissioner’s Office (ICO) in the U.K., your organization’s risk for a breach has increased by a startling percent.

Here’s the spooktacular data they found:

  • In the past five years, data security breaches have increased more than 1000 percent in the U.K.
  • The industry hit hardest is local government, with breaches increasing by 1609 percent; followed by public sector (1308%); and private sector (1159%)
  • The ICO has issued nearly £2 million of fines from July 2011 to 2012 – more than three times the amount of penalties from the previous year

These numbers were reinforced in the United States in Verizon’s 2012 Data Breach Investigations Report that reported 855 incidents and 174 million compromised records.

Verizon’s annual report includes more incidents, derived from more contributors, and represents a broader and more diverse scope. The number of compromised records across these incidents skyrocketed back up to 174 million after reaching an all-time low in last year’s report .In fact, the 2012 report boasts the second-highest data loss total since Verizon started keeping track in 2004.

Nick Banks, head of EMEA and APAC operations for Imation Mobile Security told Help Net Security, “Organizations must take responsibility for preventing breaches, and with so much available technology there really is no excuse for failing to adequately protect data.”

Nick’s right. Safeguarding corporate data has to be at the top of organizations’ priority lists. With tools like Accellion, comprehensive enterprise security is attainable, affordable, and easier than ever – providing a safe way for users to share information, while ensuring files don’t end up in the wrong hands.

It’s time to turn this trend in the opposite direction. Who’s in?

We do our part to help Accellion’s customers and their business users protect data while sharing files with external and internal users.

As for the haunts of Halloween… there is nothing that can help the chills and thrills.

 

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Data breaches put the scare back in Halloween!

Monday, October 31st, 2011

For most people outside the IT profession, the scariest thing they deal with on Halloween is a spooky costume or the newest episode of AMC’s ghastly drama “The Walking Dead.” For IT professionals, a data breach is far worse. With the frequency and cost of data breaches on the rise, it’s easy to see why the topic worries IT professionals. In its fifth annual TITLE survey the Ponemon Institute showed a significant spike in legal defense spending to address fears of successful class actions resulting from customer, consumer or employee data loss. In fact, the total cost per data breach incident now exceeds six million dollars.

If that’s not enough to chill IT and security professionals, another report commissioned by Websense surveyed 100 IT managers around the world about the latest threats to corporate security. The IT managers surveyed went on to say that data loss incidents put their jobs on the line, and that managing the stress of a company data breach is more taxing than divorce, managing personal debt, or a minor car accident.

There were 561 data breaches in 2010 and 589 data breaches to date this year. To avoid the stress of a data breach, IT professionals are employing robust security strategies to ease their worries.

We do our part to help Accellion’s customers and their business users protect data while sharing files with external and internal users.

As for the haunts of Halloween… there is nothing that can help the chills and thrills.

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Posted in Accellion, Data Breach, Data Security | No Comments »