Towerwall's InfoSec Blog

The numerous high-profile data breaches that took place in 2018 illustrate that no organization, irrespective of size, scale or scope, is immune from cyberattacks. Last year witnessed a 350% increase in ransomware attacks and a 70% increase in spear-phishing attacks.

58 data records are stolen every second at an average cost of $141 each. Trading in intellectual property and personal data is so widespread that someone invented a calculator that can estimate the potential harm to your own business. Nearly 5 million data records are lost or stolen worldwide every single day, according to the Breach Level Index. That’s a staggering 58 records every second. High profile data breaches hit the headlines with worrying frequency. Just last year there werefalse

New challenges and threats will face IT departments in the year ahead. As we stand on the threshold of another year, the war for our cybersecurity rages on. There have been many data breaches in 2017, most notably for Equifax, Verizon, and Kmart. But if you seek a silver lining in the cloud, perhaps you’ll be glad of the news that the global average cost of a data breach is down 10 percent over previous years to $3.62 million, according to the Ponemon Institute. Sadly, the average size of afalse

The headline-making Equifax data breach was one of the worst ever. Equifax exposed approximately 143 million consumers, but did not notify any of them. This data breach exposed vital information, such as driver’s license, credit cards, social security numbers, addresses, and birth dates. According to the Ponemon Institute, which conducts independent research on privacy, data protection and information security policy, the global average cost of data breaches is approximately $3.62 million. Whatfalse

Companies must respond to data breaches properly to limit the damage. Unfortunately, Equifax did not. There have been some very high-profile data breaches in the last few years, but the latest disaster to hit the headlines concerns one of the largest credit bureaus in the United States. It’s estimated that the Equifax data breach exposed 143 million consumers, with cybercriminals accessing birth dates, addresses, and even Social Security, credit card and driver’s license numbers, making itfalse