- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-07-25T20:47:00
The global average cost of a data breach reached a new all-time high of $4.45 million in 2023, according to IBM’s annual report.
The “Cost of a Data Breach Report 2023,” which analyzed 553 organizations across 16 different countries impacted by data breaches between March 2022 and March 2023, found costs related to data breaches have increased 15 percent since 2020.
Nearly 40 percent of the incidents studied caused loss of data across multiple areas, including physical locations and the cloud, IBM said in a press release Monday.
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2024-08-01T21:51:00Z By Adrianne Appel
The global average cost of a data breach jumped to an all-time high for the second year in a row, but companies can reel in the ballooning drag on profits by adopting artificial intelligence, according to an IBM report.
2024-01-19T21:59:00Z By Adrianne Appel
Despite its reputation as a fierce enforcer of sanctions, the Office of Foreign Assets Control has a softer side and wants to help companies that are hit with ransomware attacks, according to the agency’s senior compliance officer.
2023-11-20T19:26:00Z By Kyle Brasseur
New guidance released by the Cybersecurity and Infrastructure Security Agency offers best practices for organizations in the healthcare and public health sector to adopt to combat rising cyber threats.
2025-03-28T14:22:00Z By Thomas Graham, CW guest columnist
Many small organizations within the Defense Industrial Base are struggling to meet the rigorous requirements validated through the Cybersecurity Maturity Model Certification, writes Thomas Graham, CISO at Redspin. If you haven’t been tracking it closely, CMMC was finalized in October, with an effective date of December 16, 2024.
2025-02-10T15:27:00Z By Rezaul Karim, CW guest columnist
The dark web has been depicted as a long-standing hub for crimes, where illegal activities such as drug dealing, financial fraud, weapon sales, murder for hire, stolen credit cards, and ransomware gags are easily accessible to the public.
2024-10-08T14:13:00Z By Jeff Dale
American Water Works Company, which supplies drinking water and wastewater to 14 million customers, disclosed a breach of its computer networks and system due to a cybersecurity incident.
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