WEEKLY CYBERSECURITY NEWSLETTER NO: 229

#WeeklyCybersecurityTip: Destroy hard copy confidential documents with personal information.

Aug 1, 2022 7:14 am

1- Cost of Data Breach Reaches $4.35m on Average Globally

The average cost of a data breach globally has reached a new high of $4.35m. This figure has increased by 13% since 2020, according to IBM. The IBM Cost of a Data Breach Report was compiled from interviews with 550 organisations in 17 countries that were breached between March 2021 and March 2022. T…

2- GUEST ESSAY: Advanced tools, tactics required to defend latest attack variant — ‘DeepSea phishing’

Phishing itself is not a new or a particularly complicated threat. But the emergence of advanced phishing techniques – “DeepSea Phishing” – poses an entirely new challenge for enterprises. Related: Deploying human sensors Phishing comes with a simple premise – lure someone to interact with a malici…

3- 3 Actions Enterprises Must Take After Suffering a Data Breach

Data security is paramount in modern organizations. Data breaches put your company in a vulnerable position. Not only do they attract heavy fines from regulators, but they also damage your brand. Customers lose trust, and the results can be catastrophic. Cybersecurity is a fast-moving field with uni…

4- T-Mobile to cough up $500 million over 2021 data breach

Just under a year ago, the US arm of telecomms giant T-Mobile admitted to a data breach after personal information about its customers was offered for sale on an underground forum. At the time, VICE Magazine claimed to have communicated with the hacker behind the breach via online chat, and to have …