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Osano Discovers Direct Relationship Between Poor Privacy Practices and Data Breaches

Report shows that companies with the worst privacy practices lost seven times more records during each data breach than companies with the best practices Osano, the industry leader of data privacy transparency, released a report analyzing the relationship between a company’s privacy practices and their likelihood of experiencing a data breach. The Osano Data Privacy and Data Breach Link reveals a predictive relationship between responsible privacy practices and security outcomes. Companies with inadequate data privacy…

96% of It Leaders in the Legal Sector Say Insider Data Breaches Are a Major Concern

Egress global Insider Data Breach Survey reveals legal sector employees twice as likely to breach company policy when data sharing than employees in other sectors Egress, the leading provider of human layer security solutions, today published the legal sector analysis of its second global Insider Data Breach Survey. The study found that a staggering 96% of IT leaders in the sector say insider breach risk is a significant concern. 77% think employees have put data at risk accidentally in the past 12 months and 78% think…

Financial Institutions on the Hook for Data Breaches This Holiday Shopping Season

American Consumers Will Hold Financial Institutions Accountable for Compromised Data Regardless of Who’s at Fault; Banks Stand to Lose Nearly Half of Customer Base, According to New Study from Terbium Labs Fears of data loss, identity theft and fraud are leaving American consumers on edge this holiday season, and they’re prepared to hold their financial institution responsible for the damages. This is according to “How Fraud Stole Christmas”, a new study released today by leading digital risk protection company Terbium…

Businesses See Costly Decline of Consumer Trust as a Result of Large-Scale Data Breaches According to Annual IDology Fraud Report

Companies Are Unprepared to Deal with Synthetic Identity Fraud, Mobile Attacks and CCPA Compliance IDology, a GBG company, released its Seventh Annual Fraud Report, revealing the growing impact of large-scale data breaches and fraud on consumer trust and the critical need for businesses to balance the digital consumer experience with strong identity verification processes. The report also found that senior executives believe their companies are still not prepared to combat synthetic identity fraud and mobile attacks.…

Data Breaches Cost U.S. Enterprises $654 Billion in 2018

Despite worldwide investments in information security products and services, cybercriminals exposed 2.8 billion consumer data records in 2018, costing more than $654 billion to U.S. corporations, according to ForgeRock’s 2019 U.S. Consumer Data Breach Report. Personally identifiable information (PII) accounted for 97% of the pilfered data including names, Social Security numbers, dates of birth and more. This highlights the fact that companies continue to struggle with the realities of the threat landscape, even though…

New Centrify Survey Reveals Most Organizations Are Over-Confident in Their Ability to Stop Data Breaches

Study Finds That 93% Feel Somewhat Prepared Against Threats Involving Privileged Access, the Leading Cause of Data Breaches, Despite 52% Not Having a Password Vault Centrify, a leading provider of cloud-ready Zero Trust Privilege to secure modern enterprises, announced results of a new survey in partnership with TechVangelism that indicate the majority of organizations are ill-prepared to protect themselves against privileged access abuse, the leading cyber-attack vector. Seventy-nine percent of organizations do not have…

Rakuten Marketing Whitepaper – Avoiding Data Breaches: Understanding What Constitutes a Consumer Data Breach Under GDPR

This Rakuten Marketing Whitepaper Is the Latest in a Series of Industry Expert Thought-Leadership Content With the General Data Protection Regulation (GDPR) deadline behind us, US brands are now under the gun and those uninformed and/or unprepared face real business risk. At the very root of GDPR is a drive to protect consumer data and drive more meaningful, authentic marketing experiences for online shoppers. Rakuten Marketing, a leading technology company that enables brands to increase sales through data-driven…

Baffle Unveils New Tableau Integration to Protect Data Analytics Pipeline

Baffle’s Integration Enables Privacy Preserving Analytics with No Code Changes and Full Interoperability Baffle, Inc., an advanced data protection company, announced a strategic partnership with Tableau Software, the leading analytics platform, launching a new integration to help customers further protect sensitive data as it is shared among third parties in the data analytics pipeline. Available today, Baffle’s integration with Tableau features full interoperability with no code changes, allowing for privacy preserving…

CCPA Is a Major Moment for Data Privacy in This Country

The law that granted data privacy rights back to California consumers is finally enforceable starting. Now, it’s up to consumers to take advantage of their new data rights. "This is a major moment for data privacy in this country,” said Harry Maugans, CEO of Privacy Bee. “We are acting as a watchdog and plan on leveraging this law and its enforcement powers to ensure companies are complying with data deletion requests for our customers.” Privacy Bee, which launched in June with the purpose of fighting for consumers to…

Data Privacy Problem on the Web Solved by Free Software Product

New patent-pending software product released that protects user data on web applications AxcessD, a Boston area technology company has released patent-pending software that protects user data on Social Media, Email and other Web Platforms. The product, called AxcessD, is believed to be the first product that allows users to control exactly who can access their data on web applications like Facebook, Gmail, and Slack. AxcessD helps prevent Cybercrime by allowing users to control exactly who can access their…

Severe Data Breach Could Cost Tech Companies $174 Million per Day

Millions of sensitive data records lost could cost top-earning tech companies an average of $174 million per day, research shows.  A new report reveals the reputational and financial impact of severe and catastrophic data breaches on top companies and social media platforms.  Apple could lose a staggering $83 billion per month, while Microsoft could experience a drop in value of $2.3 billion each week.  Businesses should prioritise security training for all staff, keep software updated and…

Dathena Raises $12 Million Series A Round to Drive Global Adoption of AI-Powered Data Privacy and Security Solution

Singapore-based deep-tech company Dathena, the leader in AI-powered data protection and privacy management for global enterprises, announced that they have closed a $12 million Series A round led by Jungle Ventures, with the participation of CapHorn and SEEDS Capital, an investment arm of Enterprise Singapore which is the government agency championing enterprise development. Existing investors Cerracap Ventures and MS&AD Ventures also participated in the round. Following the opening of Dathena's U.S. headquarters in …

NextLabs Launches Enterprise Data Protection Suite for SAP

An end-to-end policy-driven data protection solution for SAP ERP applications NextLabs announced that it will offer the Enterprise Data Protection Suite for SAP, which brings together four major functionalities of an enterprise-class, data-centric security solution needed for today’s digital enterprise - Entitlement Management, Enterprise Digital Rights Management, Data Loss Prevention, and Dynamic Data Masking - into a single cohesive solution. With this comprehensive solution, enterprises will be able to establish an…

ShardSecure Announces General Availability of Microsharding Data Security Solution

ShardSecure, the data protection company whose Microshard technology helps organizations eliminate the sensitivity of data to accelerate cloud adoption, announced the general availability of their ShardSecure Software Appliance. ShardSecure's revolutionary approach to data security uses Microsharding to automatically shred, mix and distribute data in a way that makes it incomplete and unreadable. This ensures that data is protected in the event of a breach, separated from those with privileged access and that the sensitivity…

CCPA and Future Data Regulation Compliance

Just a couple of months have passed since the new year and we’ve already begun to see companies, such as Lyft, fail to disclose what data they’re collecting on their customers–resulting in noncompliance with the California Consumer Privacy Act (CCPA) that went effect on January 1. The new state law comes hot on the heels of similar consumer data regulations in Europe, implemented in 2018 via the General Data Protection Regulation (GDPR), and additional regulations are sure to be levied this year in 2020. While true CCPA…

Beacon AI Launches Ethical Hacking Service to Aid Data Loss Prevention for Organisations with a Remote Workforce During COVID-19

Beacon AI has launched a new service in Digital Forensics and Ethical Hacking for document tracing and IP protection. This service specifically addresses the increased risks of remote working for companies that have sensitive information and IP to protect during COVID-19. Taking steps to secure and protect company data and user IP has never been more important as remote working makes organisations more vulnerable to data theft. Beacon AI is a Privacy AI company based in Cork that has developed AI technology Solutions for…

Druva Named Data Management Company Of The Year in Data Breakthrough Awards Program

Prestigious Awards Program Recognizes Outstanding Data Technology Products and Companies Data Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market, announced that Druva, Inc., the leader in Cloud Data Protection and Management, has been selected as the winner of the “Data Management Company of the Year” award in the 2020 Data Breakthrough Awards program. According to a December 2019 IDC survey, only 37 percent of…

Box to Reduce Risk of Security Breaches and Cyber-Attacks With New Automated Malware Detection and Controls in Box Shield

Box Sets New Standard for Mitigating Malware Attacks by Neutralizing Malicious Files Box, Inc. a leader in Cloud Content Management, announced automated malware detection and controls in Box Shield, the company’s advanced security solution for protecting content in the cloud. When malware is identified in Box, Box Shield will now automatically alert the end user, restrict downloads and sharing of malicious files, and notify IT and security teams. Box to Reduce Risk of Security Breaches and Cyber-Attacks with New…

Customer Personal Information Is the Number One Data Protection Priority – nCipher 2020 Global Encryption Trends Study

Organizations racing to protect sensitive data as it proliferates across cloud, IoT devices and 5G networks As organizations accelerate digital initiatives such as cloud and the internet of things (IoT), and data volumes and types continue to rise, IT professionals cite protection of customer personal information as their number one priority, according to the 2020 Global Encryption Trends Study from the Ponemon Institute. The Ponemon Institute has collaborated with nCipher Security, an Entrust Datacard company and…

Three Reasons Why Zero-Party Data is Marketing’s Next Big Thing

With the recent passing of Europe’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), tech companies will find it increasingly difficult to collect data about their target audience. In the face of this changing legislative climate, how can Marketing best approach data collection? Zero-party data, a type of data collection where users voluntarily share their personal information with companies, could offer a solution. Because zero-party data relies on building trust with consumers…