As a business manager savvy to security risks, you may be well aware of the costs consumers and businesses incur when personal identifying information (PII) is stolen in a data breach. But once the information is taken from your system, do you know what happens next? Do you understand...
A data breach can increase a consumer’s risk of falling victim to identity theft. In order to mitigate this risk, federal and state governments have instituted regulations regarding the notification of affected consumers. But many consumers – inundated by news of mega breaches – may experience data breach fatigue,...
Your employees are your greatest asset, but they may also pose the greatest data breach risk to your organization. Unfortunately, multiple studies and research point to employees as the leading cause of data breaches. Employees may put your data at risk in a number of ways; from failing to practice...
Who are behind cybercrimes? When it comes to these thieves behind computers, not all perpetrators are the same, and how they ply their attacks can vary greatly, too. To effectively protect your organization from cybercrime, it’s vital to understand the many ways in which it occurs, and the many...
While there is momentum for data breach legislation, there continues to be hurdles to seeing any laws come to fruition. But there is certainly optimism. The most pressing issue today is whether a national data breach law will be passed. Most support this concept, however there is a lack...
Airtight firewalls and current-to-the-minute defensive software aren’t enough to keep your organization safe from cyber attacks. Your IT team could be doing everything right, and your company may still be at risk from internal threats – because just one employee thinks that cybersecurity isn’t his or her job. Our...
Do your cyber security measures address the possibility of a data breach occurring through the wireless-enabled refrigerator in the break room of your corporate headquarters? Have you made provisions if a hacker accesses sensitive data through wearable technology? Will your data breach response plan provide adequate guidance if a...
Experian Data Breach Resolution and Ponemon Institute release the first industry study that closely examines payment technologies and how companies are managing the growing threat of data breaches. The study, Data Security in the Evolving Payments Ecosystem, asked professionals to weigh in on several topics including who should be...
Payments fraud and data breaches are top security challenges for corporations across every industry, but how do the threats relate to each other? Do the newest payments technologies increase the risk of a data breach? We considered those and other pressing questions in our new study, “Data Security in...
When a data breach occurs, the monetary costs can be horrific for the affected company. The Target cyberattack cost the retailer more than $17 million, the Washington Post reported. The breach of health insurance company Anthem earlier this year is already running cost estimates in excess of $100 million....
Picture this all-too-plausible scenario: a small business owner receives an authentic-looking email from a payee with whom his company regularly does business. The email states that due to lost records, the company will stop issuing payments to the small business unless someone verifies account information by clicking an enclosed...
Being right is sometimes a double-edged sword. In our 2015 Data Breach Industry Forecast, the Experian Data Breach Resolution team predicted that healthcare-related data breaches would continue to be a growing concern in the coming year. Already, the news is verifying our prediction. As of the last week of...