Breaches

Another Free Payday: Yahoo Puts Up $117.5M to Settle 2012-2016 Data Breaches

If you owned a Yahoo account between 2012 and 2016, another payday is headed your way, thanks to the data breach that took place between those years. To settle the matter, beyond enhancing their security systems, Yahoo is offering up $117.5 million to those affected. However, Yahoo would likely much rather you opt for the …

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Just How Expensive are Data Breaches?

The cost of a data breach is not just limited to regulatory fines, but extends to more significant losses to the business and even hampers customer trust Security incidents and data breaches are becoming increasingly costly. Some recent examples include $53 million costs to the Canadian lender Desjardins Group in the wake of a breach …

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74% of Data Breaches Start With Privileged Credential Abuse

Centrify’s survey shows organizations are granting too much trust and privilege, opening themselves up to potential internal and externally-driven breaches initiated with compromised privileged access credentials. Photo credit: iStock Enterprises who are prioritizing privileged credential security are creating a formidable competitive advantage over their peers, ensuring operations won’t be interrupted by a breach. However, there’s …

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1 in 8 Businesses Are Destroyed by Data Breaches. Don’t Be a Statistic

TheDigitalWay / Pixabay I have frequently stated that one of the leading causes of business failures is poor cash flow management. According to a study by US Bank, 82% of all businesses that fail did so because they were unable to maintain a sufficient cash flow. Unfortunately, this statistic masks a number of problems that …

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