2016 saw huge glut of data breaches, with 1.4bn files compromised

New research into the global damage of security breaches has revealed an extensive cache of stolen data records, totalling 1.4bn. Trying to quantify the number of data breaches in any particular year might seem like a tall order. Not only are SMEs unprepared for the security challenges that face them, but companies such as Yahoo are […]

2016 Saw 1.4 Billion Records Compromised in Hack Attacks: Gemalto

One thousand seven hundred and ninety-two data breaches compromised nearly 1.4 billion records last year, according to Gemalto’s Breach Level Index. The publication is the product of a global database of publicly disclosed breaches. Read more about the new Gemalto’s Breach Level Index which reveals that a whopping 1.4 billion records were compromised in hack attacks in […]

Top 4 big data and analytics trends of 2016

Like mobile and cloud, big data and advanced analytics have been reshaping organizations and business processes. In 2016, organizations increasingly moved data analytics projects into production as they sought the capability to better interrogate internal and external data to better understand their customers and drive efficiencies. Read about the top 4 big data and analytics […]

FraudBuzz: Looking ahead by looking back

Typically, at this time of year, we start to look back at the events that shaped our work lives in order to predict or hypothesize how our new year may take shape. Will fraud be worse in 2017? Perhaps many of you are wondering if we will see a new threat emerge that takes up […]

10 Biggest Security Stories of 2016

“As the denial of service (DDOS) attack against Dyn shook the internet a little over a week ago, it brought to the public forefront the changing dynamics of power in the online world. In the kinetic world of the past, the nation state equivalent was all-powerful, since it alone could raise the funds necessary to […]

Biggest Data Breaches of the Year 2016

With digital advancements you would expect some progress in halting cybercrime. But wait!! The graph of data breach statistics was trending up as the year progressed. While we hoped for a more secure year for our online world, the scammers showed us just the opposite. Read about biggest data breaches of the year 2016 on Techspective.

Over four billion data records were stolen in 2016

“No industry, organization size or geographic location, is immune to a data breach.” That’s the bottom line to Risk Based Security’s recently published end-of-year data breach report, which concluded that over four billion records had been stolen during 2016. The report confirmed that three companies accounted for half of the records stolen in breaches reported last year. […]

Top data breach trends in 2016 — Phishing, skimming rise; hacking holds ground

When news broke in December of a massive data breach at Yahoo, it was met with a collective “This, again? Didn’t they just report a breach?” The company had, in fact, reported a record-breaking breach of 500 million user accounts three months earlier, but it was dwarfed by the December breach, which impacted over 1 […]

Report Shows Fewer Financial Services Data Breaches in 2016

Financial services experienced a 26% decrease in data breaches from 2015, according to the ITRC Data Breach Report 2016, from Scottsdale, Ariz.-based CyberScout and San Diego-based Identity Theft Resource Center. The statistics show banking, credit and financial institutions made great strides in protecting against data breaches. Read about the new research by Cyber Scout which reveals […]

Number Of Data Breach Disclosures Jumped 40% in 2016

Read Jai Vijayan’s article about how data breach disclosures jumped up 40% in 2016 on Dark Reading : Last year witnessed few data breaches of the kind that rocked 2015 when organizations like Anthem, the Office of Personnel Management and Ashley Madison reported security incidents involving tens of millions of personal records. Still, 2016 was […]