Over the last few years, conflicting reports have been released on whether data breaches affect the stock value of companies. The question at the center of this debate remains: “If my American business suffers a cyberattack, will its value plummet on Wall Street?” The Harvard Business Review issued a staunch “no” back in 2015, but new findings made by Comparitech are showing that there’s more to the story. Comparitech discovered that stock prices are lowered, both after the initial public reveal and throughout the years to come. Read More
Data Security News: The L.A. Celebrity Plastic Surgery Data Breach
One of the latest data breaches to make headlines is the recent revelation that the medical records of some 15,000 plastic surgery patients, some of whom may be celebrities, were stolen from a high-end plastic surgery practice. On top of that, it has been reported that videos and photographs depicting some of the patients were also compromised. Read More
In 2017, reports of companies’ newly leaked data seem to fill the media every week. Indeed, statistics are showing a staggering amount of compromised data from these last 5 months alone. We’re not even at the year’s halfway mark yet, but experts are reporting that 2017’s data losses could top the all-time charts. As of May 23, there have been 1,254 publicly stated breaches, alongside 4,837 published vulnerabilities. With more leaks looming in the imminent future, we decided to take a trip down memory lane. Let us present to you some of the worst data breaches from the last 10 years.
Nobody is immune to data breaches. Companies from department stores to social media giants have suffered staggering security breaches in recent years. The fallout can be costly and embarrassing for a business. Huge corporations like Yahoo, Facebook, and Target have a lot of resources at their disposal to help them bounce back after such a disaster, but what about smaller businesses? Do you have a plan of action in place should a breach occur at your company? You should. Here are some tips to help you recover if it happens to you.
Don’t throw out or resell that old server, hard disk drive, or solid state drive just yet: unless you’ve taken the proper precautions to ensure the data is unrecoverable, you could be putting your business and personal information at risk of theft. A recent study of storage devices resold on Craigslist found that a staggering 67% still contained personal information and 11% contained business information. This study highlights the importance of making sure your company’s old storage devices are properly cleared before disposal or resale. Read More