The latest News and Information on Data Security including privacy, protection, and encryption.
More than 67% of internet users in the US remain blissfully unaware of online privacy and data protection regulations. At the same time, the global average cost of data breaches and cyber-attacks has increased by 15% since 2020 to $4.45 million. In fact, compromised credentials and personal information are responsible for nearly 20% of nearly 1.4 billion security incidents during this period.
Data Security Posture Management (DSPM) plays a critical role in identifying security risks, prioritizing misconfigurations, and implementing a zero-trust framework. It is an emerging technology, and there are only a few capable solutions that provide good product offerings. Check out the list of some of the best DSPM platforms that can be considered to streamline data protection, governance, and compliance efforts.
Data breaches loom large for organizations big and small. On top of being incredibly time-consuming, they can lead to legal damages, shattered customer trust, and severe financial fallout—and that’s just the tip of the iceberg. Laws and technologies are constantly evolving, which means that, in turn, security strategies must always adapt to keep up.
The National Industrial Security Program (NISP), the authority within the United States for access to classified data by government contractors. Have outlined requirements to ensure continued availability and integrity of classified data, and prevent its unauthorised disclosure. The operating manual (NISPOM) affects all government agencies and commercial contractors who have access to classified data.
A few years back, data was constrained to the on-premise infrastructure. Data management, governance, and protection were fairly uncomplicated in this enclosed environment. The emergence of cloud computing and multi-cloud infrastructures has not only introduced more complexity in data management and governance, but it has also increased security risks significantly.
The Fintech industry deals with financial and personal data of customers on a massive scale. From credit card transactions to identity verification details, companies collect and process huge amounts of sensitive data, making them an attractive target for cybercriminals. To ensure the highest standards of data protection and risk management, constant monitoring and analysis of security data is crucial.
Nightfall’s recent “State of Secrets” report uncovered that collaboration, communication, and IT service tools have the highest risk of data exposure, particularly in industry-leading SaaS apps like Slack and GitHub. This trend highlights an incredibly pervasive (yet often overlooked) risk in cloud cybersecurity: Data sprawl.
