It's a good question, and if you're curious about whether any of your email addresses or passwords were included in a data breach, you can easily find out at HaveIBeenPwned.com. This entirely free service, managed by Microsoft Regional Director & MVP Troy Hunt, lets you enter an email address or password to see how many breaches it has been included in.
A data breach occurs when sensitive information is exposed to the public without authorization. These events are growing in popularity, costing businesses an average of US$4.35 million per event. Unfortunately, many companies are unknowingly still repeating the same mistakes causing some of the biggest breaches in history. To prevent your business from becoming another breach static, adjust your cybersecurity program to the proven breach prevention strategy outlined in this post.
In this highly technology-driven world, no company is completely safe from cyber-attacks. Even one of the IT giants – GitHub faced exploitation, leading to the stealing of their Code Signing Certificates. There was only minimal impact on the organization and its software products. But, from the incident, almost every small, medium, and large-scale company has got aware of securing their software publisher certificates.
Data breaches are on the rise and they can be both unexpected and costly. The average estimated cost of a data breach has peaked at an all-time high—an astounding $4.35 million, according to a 2022 report by IBM and the Ponemon Institute. Poor password hygiene and legacy software are two key culprits that will increase your chances of falling victim to a password breach.
Data breaches exposed at least 42 million records between March 2021 and February 2022. With the increasing risks associated with the cyber world, this comes as no surprise.
Read also: Financial firm ION hit with a cyber-attack, Hive ransomware disrupted in a global cyber operation, and more.
According to a report released by IBM and Ponemon, the healthcare sector has the highest rates of security breaches and cyber attacks globally. The average cost of a data breach for healthcare organizations is around $10.1 million, while the global average for all industries sits around less than half of that amount, at about $4.35 million.
It would be big news, to say the least, if a large quantity of Google source code found its way into the public domain. Now imagine if the leak also included source code from Amazon and Uber. That’s the scale of the data leak that hit Russian tech giant Yandex. The risk here is that malicious actors could analyze the leaked code and discover exploitable security gaps.