Businesses in Singapore face mounting challenges to protect customer data as a result of the newly enacted Personal Data Protection (Amendment) Bill (PDPA). With higher penalties expected to be levied from February 2022, it’s imperative that enterprises, particularly those collecting customer data, have a solid information security framework and incident response plan in place.
In today’s world, data breaches are a fact of life for both consumers and companies. It’s become somewhat of a truism to point out that for many companies breaches are a matter of if not when as defenders are at a significant disadvantage.
Recently, while performing a deep inspection of the dark web through Foresiet DigiRisk Platform, our Cyber Research and Support Team (FCRST) noticed, 33M records of Iran Bank were found breached and available. Our researcher has validated the data and it's very scary and has complete information including Account detail, card detail, PII information.
As part of the 2021 MSP 500 project, CRN asked MSPs to describe their most significant challenges for 2021. Their answers ranged from 'finding and hiring highly trained new employees' to 'fulfilling clients' sophisticated IT security needs whilst sustaining business in the saturated MSP market.' In 2021 the cybersecurity threats have taken different shades and have compelled the MSPs to refine and increase their security offering to stay relevant and thriving in the market.
The Solarwinds supply chain attack has made the danger of third-party breaches very clear. Businesses globally are realizing that their vendors may not be as secure as they originally thought. The concerning truth about vendor relationships is that you can never be confident of a prospective vendor's cybersecurity. In fact, onboarding new third-party vendors increase your digital risk and the likelihood of becoming victim to a third-party breach.
The trove of 1.3 million RDP credentials leaked recently is yet again proof that, In the underground economy, initial access brokerage is a flourishing market. Cybercriminals are outsourcing the initial access stage of the attack, so they can better focus on the execution and act more quickly.
The rising trend in data breaches continues to angle upwards, and as a result, there has never been a more precarious time in history to launch and maintain a successful business. To prevent the repetition of mistakes that result in data theft, we’ve compiled a list of the 56 biggest data breaches in history, including recent data breaches in 2021. Click on the table of contents dropdown above for a list of all the companies in this post.
Year after year, cyberattackers cause unnecessary stress for organizations, disrupting innovation and impacting profit. 2020 was no different – last year brought a bevy of damaging breaches that cost organizations precious money and time they couldn’t get back. Ranging from thousands to billions of records exposed, breaches big and small gave threat actors access to sensitive information like email addresses, locations, passwords, dates of birth, and more.
