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
Ponemon Institute
Small and Mid-Sized Businesses Continue to Be Targeted by Cybercriminals
By Linn Foster Freedman on
Posted in Cybersecurity
A recent Ponemon Institute study finds that small and mid-sized businesses continue to be targeted by cybercriminals, and are struggling to direct an appropriate amount of resources to combat the attacks.
The Ponemon study finds that 76 percent of the 592 companies surveyed had experienced a cyber-attack in the previous year, up from 70 percent…
Health Care Organizations Have Highest Costs for Data Breaches
By Jean Tomasco on
As readers of this blog know, data breaches in the health care industry are all too common. Healthcare organizations are an attractive target for hackers because of the nature and amount of personal information that they possess.
Therefore, it is perhaps not surprising that healthcare organizations have the highest costs associated with data breaches. They…
Password Fatigue
By Linn Foster Freedman on
Posted in New + Now
Everyone hates passwords. They are difficult to remember, and human nature is to re-use them across platforms, which is well-known to be a no-no. Managing passwords is time consuming, cumbersome and a pain. Which is why they continue to be a problem for security.
A recent research study sponsored by Yubico and conducted by Ponemon…
Offshore Cybersecurity Guidelines Issued
By Linn Foster Freedman on
Posted in Cybersecurity
DNV GL recently issued a new globally applicable recommended practice (DNLVGL-RP-G108) to assist oil and gas operators, system integrators and managers, and vendors in the offshore industry to manage increasing cybersecurity threats. The guidance is designed to help the oil and gas industry improved the security of their operational technology.
A Ponemon Institute…
Health Care Data Breaches Cost $380 per Record
By Linn Foster Freedman on
Posted in Cybersecurity, Data Breach
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…
Brown Cybersecurity News Podcast: Rise of the third party vendor threat
By Linn Foster Freedman on
Posted in Cybersecurity, Events
Last month, the Ponemon Institute released a report, Data Risk in the Third-Party Ecosystem, that confirmed what many suspected: third-party vendors are the wild, wild west of cybersecurity. A shocking number of companies surveyed do not believe that a third-party vendor will notify them if a data breach occurs, and even more doubt they’ll…
Newest Ponemon study released on health care data breaches
By Linn Foster Freedman on
Posted in Data Breach
The Ponemon Institute has recently released its Sixth Annual Benchmark Study on Privacy & Security of Healthcare Data. The study has included business associates for the past two years. The study included information received from 91 covered entities and 84 business associates, which is a good determinate of the risk of breaches caused by…
New Ponemon report says healthcare organizations getting hit by cyber-attacks monthly
By Linn Foster Freedman on
Posted in Data Breach
Confirming what we are seeing in the field, the Ponemon Institute recently released a new report of a poll of 535 healthcare IT and IT security professionals that sets forth a dismal state of affairs around data security and intrusions in health care organizations.
The report states that 48 percent of the IT professionals that…
Omnibus funding bill creates healthcare cybersecurity task force
By Linn Foster Freedman on
Posted in Cybersecurity
The $1.1 trillion spending and tax extender bill that is on President Obama’s desk awaiting signature creates a healthcare industry cybersecurity task force, which must be established within 90 days of enactment.
This is important news since a recent report issued by the International Data Corporation forecasts that one in three consumers will have their…