Tag: cyberattacks

2023-2024 Experian Data Breach Response Guide Learn how you can boost your preparedness against cyberattacks—download the new guide now. As the proliferation of connected devices and third-party integrations accelerate, organizations are becoming more exposed to risk. Your attack surface is expanding, and it’s a hacker’s dream. But their dream is your nightmare. While there will always be at least one monster hiding under the bed, being prepared and having a plan can help you sleep easier and soften the blow when an attack does happen. How likely is your organization to be the victim of an attack? As pointed out in the 9th Annual Experian Data Breach Response Guide, “Cyber attacks happen once every 39 seconds.[1]  There’s no time to rest, and no time to let your guard down. It’s just a matter of time before your data becomes a target, whether it is a direct hit to your organization or through a third-party supply chain attack (one of the latest trends hackers are using to gain access to huge amounts of data in just one sweep). You never know when your day will come, so being prepared now is the only way. 15% fewer incidents occur on average for customers with a plan.[2] Having fewer incidents helps keep your data safer and your bottom line healthier as the cost of a data breach continues to break records year after year. Learn How You Can Be Prepared Our 2023-2024 Data Breach Response Guide has been updated with the latest predictions, trends, and expert advice based on real-world experience. This is the ninth year I’ve rolled out this guide, and it gets better every year, with deeper insights into the state of cyber threats across industries and current best practices, and step-by-step guidance for creating, testing and implementing a plan for your business. Highlights include: Third-party breaches are rising — A partner breach make up 62% of system intrusions.[3] Healthcare and financial services have the highest volume of breaches, representing over half the share of breaches serviced by Experian in 2022.[4] How having a response plan can save your business—90% of consumers are more forgiving of companies that had a response plan before a breach.[5] How Experian Data Breach Solutions can help your organization respond quickly to and minimize the impact of a data breach Ready to Get Started? A data breach preparedness plan is never a one-and-done deal. It needs to evolve along with the cyber threats it is meant to conquer. Experian is a partner you can trust. We continue to expand our product offerings, keep our eyes and ears on the lookout for rising threats and trends, and use our years of experience to support our partners when they need us most. Download the latest edition of the Experian® Data Breach Guide [1] Zippia, 30 Crucial Cybersecurity Statistics [2023]: Data, Trends and More. [2] Experian Data June 2023 [3] Resmo, Third-Party Data Breach Statistics. [4] Experian Data June 2023 [5] Experian Data Breach Consumer Survey.

What do movie actors Adam Sandler and Hugh Grant, jazz singer Michael Bublé, Russian literary giant Leo Tolstoy, and Colonel Sanders, the founder of KFC, have in common? Hint, it’s not a Nobel Prize for Literature, a Golden Globe, a Grammy Award, a trademark goatee, or a “finger-lickin’ good” bucket of chicken. Instead, they were all born on September 9, the most common birth date in the U.S. Baby Boom According to real birth data compiled from 20 years of American births, September is the most popular month to give birth to a child in America – and December, the most popular time to make one. With nine of the top 10 days to give birth falling between September 9 and September 20, one may wonder why the birth month is so common. Here are some theories: Those who get to choose their child’s birthday due to induced and elective births tend to stay away from the hospital during understaffed holiday periods and may plan their birth date around the start of the school year. Several of the most common birth dates in September correspond with average conception periods around the holidays, where couples likely have more time to spend together. Some studies within the scientific community suggest that our bodies may actually be biologically disposed to winter conceptions. While you may not be feeling that special if you were born in September, the actual differences in birth numbers between common and less common birthdays are often within just a few thousand babies. For example, September 10, the fifth most common birthday of the year, has an average birth rate of 12,143 babies. Meanwhile, April 20, the 328th most common birthday, has an average birth rate of 10,714 newborns. Surprisingly, the least common birthdays fall on Christmas Eve, Christmas Day and New Year’s Day, with Thanksgiving and Independence Day also ranking low on the list. Time to Celebrate – but Watch out! Statistically, there’s a pretty good chance that someone reading this article will soon be celebrating their birthday. And while you should be getting ready to party, you should also be on the lookout for fraudsters attempting to ruin your big day. It’s a well-known fact that cybercriminals can use your birth date as a piece of the puzzle to capture your identity and commit identity theft – which becomes a lot easier when it’s being advertised all over social media. It’s also important for employers to safeguard their organization from fraudsters who may use this information to break into corporate accounts. While sharing your birthday with a lot of people could be a good or bad thing depending on how much undivided attention you enjoy – you’re in great company! Not only can you plan a joint party with Michelle Williams, Afrojack, Cam from Modern Family, four people I went to high school with on Facebook and a handful of YouTube stars that I’m too old to know anything about, but there will be more people ringing in your birthday than any other day of the year! And that’s pretty cool.

2017 data breach landscape Experian Data Breach Resolution releases its fourth annual Data Breach Industry Forecast report with five key predictions What will the 2017 data breach landscape look like? While many companies have data breach preparedness on their radar, it takes constant vigilance to stay ahead of emerging threats and increasingly sophisticated cybercriminals. To learn more about what risks may lie ahead, Experian Data Breach Resolution released its fourth annual Data Breach Industry Forecast white paper. The industry predictions in the report are rooted in Experian's history helping companies navigate more than 17,000 breaches over the last decade and almost 4,000 breaches in 2016 alone. The anticipated issues include nation-state cyberattacks possibly moving from espionage to full-scale cyber conflicts and new attacks targeting the healthcare industry. "Preparing for a data breach has become much more complex over the last few years," said Michael Bruemmer, vice president at Experian Data Breach Resolution. "Organizations must keep an eye on the many new and constantly evolving threats and address these threats in their incident response plans. Our report sheds a light on a few areas that could be troublesome in 2017 and beyond." "Experian's annual Data Breach Forecast has proven to be great insight for cyber and risk management professionals, particularly in the healthcare sector as the industry adopts emerging technology at a record pace, creating an ever wider cyber-attack surface, adds Ann Patterson, senior vice president, Medical Identity Fraud Alliance (MIFA). "The consequences of a medical data breach are wide-ranging, with devastating effects across the board - from the breached entity to consumers who may experience medical ID fraud to the healthcare industry as a whole. There is no silver bullet for cybersecurity, however, making good use of trends and analysis to keep evolving our cyber protections along with forecasted threats is vital." "The 72 hour notice requirement to EU authorities under the GDPR is going to put U.S.-based organizations in a difficult situation, said Dominic Paluzzi, co-chair of the Data Privacy & Cybersecurity Practice at McDonald Hopkins. "The upcoming EU law may just have the effect of expediting breach notification globally, although 72 hour notice from discovery will be extremely difficult to comply with in many breaches. Organizations' incident response plans should certainly be updated to account for these new laws set to go in effect in 2017." Omer Tene, Vice President of Research and Education for International Association of Privacy Professionals, added "Clearly, the biggest challenge for businesses in 2017 will be preparing for the entry into force of the GDPR, a massive regulatory framework with implications for budget and staff, carrying stiff fines and penalties in an unprecedented amount. Against a backdrop of escalating cyber events, such as the recent attack on Internet backbone orchestrated through IoT devices, companies will need to train, educate and certify their staff to mitigate personal data risks." Download Whitepaper: Fourth Annual 2017 Data Breach Industry Forecast Learn more about the five industry predictions, and issues such as ransomware and international breach notice laws in our the complimentary white paper. Click here to learn more about our fraud products, find additional data breach resources, including webinars, white papers and videos.