Mimecast appoints cyber security veteran Van Zadelhoff as new CEO
Outgoing CEO Peter Baeur retains his position as a board member.
Source: itweb.co.za
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Average cost of data breach in India touches high of Rs 17.9 cr in 2023: IBM study, ET Telecom
Data Breach: The most common attack type in India was phishing (almost 22 per cent), followed by stolen or compromised credentials (16 per cent). Social engineering was the costliest root cause of breaches at Rs 19.1 crore, followed by malicious insider threats, which amounted to nearly Rs 18.8 crore.
Source: indiatimes.com
Data breaches cost SA's financial sector R73m on average
Per record cost of data breaches has increased 20% to R2 750 on average over the last three years, IBM report finds.
Source: itweb.co.za
Data Breach Cost Control: Practice and Preparedness Pay Off
A new IBM study of data breaches found that if an organization's internal team first detects a breach and the organization has well-practiced incident response plans, that organization will be able to more quickly detect and respond, which will lead to lower breach cleanup costs.
Source: govinfosecurity.com
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Average cost of a data breach to organisations hits all time high in 2023
Penalty estimated at $4.45 billion, according to IBM Security
Source: irishtimes.com