Microsoft is a large tech company based in the United States with operations in many other parts of the world. The organization is best known for its computer operating systems and its Microsoft 365 suite of business applications. The company employs more than 220,000 individuals and is involved in the management of countless businesses around the world.
IBM Security has released its annual Cost of a Data Breach Report, revealing that the global average cost of a data breach reached $4.45 million in 2023. This marks a significant increase of 15% over the past 3 years, making it the highest recorded cost in the history of the report. Notably, detection and escalation costs have seen a substantial rise of 42% during the same period, indicating a shift towards more complex breach investigations.
The National Student Clearinghouse is a verification tool used by educational establishments around the country to verify students are who they say they are. More than 3,600 colleges rely on the services of the organization founded in 1993. A huge number of students rely on the organization to process their information, and some of that data was taken in a recent breach.
Tampa General Hospital is a mid-sized medical facility that caters to locals in the Tampa area. The hospital has 1,040 beds available and serves as a research and academic center, along with offering tertiary care to its patients. The facility is located in Tampa, Florida, and is an essential hospital for maintaining the care of patients throughout the area. The hospital was recently hacked, exposing more than 1.2 million patients that depend on the facility for medical services.
Milliman Solutions is a risk-assessment company that works with life insurance providers to explain to them the total risks involved with investing in any one individual. The company is headquartered in Seattle, Washington, and manages a huge amount of information for consumers on a daily basis. The organization employs over 3,000 individuals located in more than 59 separate offices.
It's been a few months since the MOVEit data breach occurred, and more than 130 companies have been reported as being hit and exposed by the connected attacks. It's clear that there will be no immediate end to these attacks, and three of the five attacks we're reporting this week are all connected to MOVEit file services. Government services, investment companies, public universities, and healthcare services were all hit this week.
GuidePoint Security is a software company that specializes in security services. The organization is located in Herndon, Virginia, employs 722 people, and protects and manages data for thousands of people during its daily operations. This company was compromised in the MOVEit data breaches, putting a large number of people at risk.
Hillsborough County is a location in the middle of Florida, with a current population of approximately 1.4 million. The county is tasked with managing and protecting the information of a huge number of people, and it failed to do so recently. It was hit by a data breach that lost personal and medical information for thousands of people. The breach could result in several consequences, such as identity theft, financial loss, and long-term problems for some of these victims.
HCA Healthcare is one of the largest health systems in the United States today. The company has millions of patients and manages data for countless hospitals, private practices, specialty offices, and more. With such a substantial volume of healthcare data contained in one location, the information is vulnerable to attack. That's exactly what happened to HCA Healthcare. The company suffered a data attack that left it with substantial losses.
