This week, the CEO of OpenAI, the company behind ChatGPT and the Chief Privacy Officer of IBM testified before the U.S. Senate Judiciary Subcommittee on Privacy, Technology and the Law. During that hearing, it is reported that both “called on U.S. senators…to more heavily regulate artificial intelligence technologies that are raising ethical, legal and national
Frequency and Cost of Insider Threats Continue to Increase
The Ponemon Institute recently issued its 2020 Cost of Insider Threats Global Report (Report), which finds that the frequency and cost of insider threats continues to increase. Sponsored by ObserveIT and IBM, the 2020 Report is the third consecutive one to study insider threats and their impact on businesses in terms of frequency, cost, and…
Frequency and Cost of Insider Threats Continue to Increase
The Ponemon Institute recently issued its 2020 Cost of insider Threats Global Report, which finds that the frequency and cost of insider threats is continued to increase. Sponsored by ObserveIT and IBM, the 2020 report is the third consecutive report that studies insider threats and their impact on businesses in terms of frequency, cost and…
New Threat to Companies: Warshipping
It is so hard to keep up with the latest ways the bad guys try to infiltrate company data. One new technique is called warshipping, and its implementation is pretty simple and a little old school.
IBM X-Force Red investigated the technique to give its customers an idea of the newest threats to enterprise systems.…
New Patent Looks to Blockchain for Drone Security
According to recent documents made public by the U.S. Patent and Trademark Office (USPTO) IBM has applied for a patent for a system that would use distributed ledger technology to address privacy and security concerns associated with the increasing usage of drones in both commercial and recreational applications. In the application for this patent, IBM’s…
Health Care Industry Continues to Fight Cyber-Attacks at Alarming Rate—Health Care Data Breaches Cost Average of $408 Per Record
It is clear that the health care industry continues to be targeted with cyber-attacks. In 2018, the 10 largest health care breaches, outlined here, include unauthorized access to protected health information (PHI) through a vendor offering claims processing, ransomware incidents, successful phishing schemes, mailing PHI to wrong addressees, hacking, a misdirected email, and a…
Health Care Data Breaches Cost $380 per Record
A new study issued by Ponemon Institute, sponsored by IBM, reveals that healthcare data breaches still cost more than in other sectors.
The Ponemon Institute’s calculation is that the average healthcare data breach costs $380 per record. This compares to the average global cost per record of $141. This calculates to an average global cost…
IBM Issues 2017 X-Force Threat Intelligence Index Findings
Last week, IBM published its X-Force Threat Intelligence Index (Index), which summarizes the state of leaked records and vulnerabilities to data in 2016. It is depressing, but informative.
The Index notes that the number of compromised records “grew a historic 566 percent in 2016 from 600 million to more than 4 billion.” Billion with a…
Privacy Tip #69 – Hit with Ransomware? To Pay or Not to Pay
Every day I get a call from a client asking for help involving ransomware. Friends have called in a panic when that dreadful message comes up on the screen informing you that you are the victim of ransomware with instructions on how to pay the ransom with bitcoin. It is no longer a surprise to…
New IBM/Ponemon Study Shows Low Organizational Cyber Resilience
A new IBM/Ponemon Study released late last week, 2016 Cyber Resilient Organization, reveals that only 32 percent of IT and security professionals believe that their organization has a “high” level of cyber resilience.
The study interviewed 2,400 IT and security personnel across the world. The study shows that 66 percent of those professionals believe that…