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Cyber Security Breach Continued

Continue Reading from previous page TOP 10 MOST EXPENSIVE CYBER SECURITY BREACHES OF ALL TIME Target: ‘Hackers hit a bullseye’ One of the biggest questions regarding the Target Thanksgiving mega breach in 2013, is whether it was sophisticated, or stoppable. Hackers broke into the retailer’s network, using login information stolen from an air conditioning company employed…

Online Data Sharing

So, was there a way to avoid the loss of a quarter billion benjies? Ilan Barzila, an attorney with Wolf, Greenfield & Sacks, warns businesses: “You need to stay on your toes and do whatever any reasonable business needs to do, to prevent a security breach… You can take certain measures that you think are…

Avoid Data Breaches with URiM

Equifax has spent millions on new technology and security upgrades, legal fees and identity theft services made free for those affected. By the end of 2017, the estimated breach costs totalled $439 million. Now the company has agreed to pay near $700 million, to settle Federal and State investigations, contributing between $300-$425 million towards consumer…

Secure Documents Online

TOP 10 MOST EXPENSIVE CYBER-SECURITY BREACHES OF ALL TIME Liz Is back! No not world-renowned starlet Elizabeth Taylor or her Majesty, the Queen of England. We’re talking Elizabeth Denham, the appointed Information Commissioner of the UK’s ICO. She has just released another eye-watering fine of £99 million ($123 million) for the data breach at Marriot…

Safe Data Sharing with URiM

Marriot plans to appeal against this £99 million fine, where credit card details, passport numbers and dates of birth have been stolen. Arne Sorenson, president and chief executive of Marriot International, expressed: “We are disappointed with this notice of intent from the ICO, which we will contest…We deeply regret this incident happened. We take the…

Cyber Security Breaches

Though this fine hardly leaves Uber ‘running on empty’, we can agree that it’s a steep price to pay in not only its finances but its customer’s brand perception. Trust is like a wing-mirror, you can only hold it together with sticky tape for so long. COST: $148 million RECORDS COMPROMISED: 600,000 9. Marriot Hotel:…