03 Oct 2019

Two-Thirds of Firms Have Suffered ERP Data Breaches

A new study by Onapsis and IDC highlights how enterprise resource planning (ERP) applications can undermine the data protection efforts of companies. In the past two years, 64% of businesses that use SAP or Oracle E-Business Suite (EBS) have experienced a breach of their ERP environment. The compromised data often included

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01 Oct 2019

Employee negligence can be a leading contributor to data breaches

More than two in three (68%) organizations suffered one or more data breaches in the past year, a new Ponemon report found. In over two-thirds (69%) of those breaches, paper documents or electronic devices storing sensitive data were either lost or stolen. 65% of managers fear that their company may

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01 Oct 2019

Most Fortune 500 companies still opaque about security measures

Most Fortune 500 firms hardly provide any information about how they protect customer data, a new Bitglass survey found. In fact, 52% of these businesses don’t mention anything about their data protection efforts on their websites. In addition, close to 80% of organizations have no information on their websites about

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30 Sep 2019

Global Consumers Reject Government-Mandated Encryption Backdoors

While the US Justice Department’s claims that government-mandated encryption backdoors would make it easier to prevent terror attacks, almost two-thirds (64%) of consumers across the US, UK, France and Germany don’t believe this argument, a recent survey by Venafi found. Only 30% of respondents expressed trust in governments to safeguard

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25 Sep 2019

99% of misconfiguration incidents in the cloud go unnoticed

A new report by McAfee shows that even though data leaks and breaches as a result of misconfigured cloud environments are a growing problem, 99% of infrastructure-as-a-service (IaaS) misfonfigurations still go unnoticed. Rajiv Gupta of McAfee explains that “in the rush toward IaaS adoption, many organizations overlook the shared responsibility

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24 Sep 2019

CISO role grows in stature, but challenges remain

The majority of CISOs (58%) in a recent survey[pdf] by Optiv Security said that their career prospects would improve if their firm were to suffer a data breach. While CISOs used to fear data breaches because they could cost them their job and even their career, it now seems that firms

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23 Sep 2019

WeWork’s weak Wi-Fi security leaves sensitive documents exposed

The Wi-Fi networks offered to freelancers and businesses by shared workspace provider WeWork are so poorly secured that they expose highly sensitive information including devices, financial records, client databases, emails and business transactions to everyone on the network. The Wi-Fi security issues were discovered by an employee of one of

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23 Sep 2019

Facebook suspended tens of thousands of apps from 400 developers

Facebook has suspended tens of thousands of apps as the result of an investigation into the data handling practices of third-party apps on the social media platform. The investigation was launched in response to the Cambridge Analytica scandal. Ime Archibong of Facebook stressed that the suspended apps from around 400

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18 Sep 2019

Businesses facing post breach financial fallout by losing customer trust

A new survey by PCI Pal found that 44% of Americans have been affected by a data breach, which is higher than the numbers for citizens of the UK (38%), Canada (37%) and Australia (33%). The report also confirms that data breaches can hurt businesses by destroying customer trust, with

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18 Sep 2019

33% of executives don’t trust their organization to protect employee data

One in three US executives are not confident that their company can keep the private information of staff members out of the hands of cybercriminals, a new Dell survey covering 42 countries reveals. The global average is 29%, with executives in South Korea (51%) and Singapore (42%) reporting the highest

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