We are into the third quarter of 2018 and the news of high-profile cybersecurity breaches doesn't seem to slow down at any given point of time. Data breaches on are the rise but that still won't force companies to up their cybersecurity game.
As on July 2nd, 2018, the number of data breaches identified by the Identity Theft Resource Center (ITRC) were around 668 total data breaches that comprised more than 22.4 million records (22,408,258 to be precise).
Meanwhile the cost of cyber-crime is up and there's no slowing down. Worldwide cyber crime now costs an estimated $600 billion USD a year. Even the average cost of a data breach has increased.
The global average cost of a data breach is up 6.4 percent over the previous year to $3.86 million. The average cost for each lost or stolen record containing sensitive and confidential information also increased by 4.8 percent year over year to $148.
A joint report by IBM Security and the Ponemon Institute, show that the costs are the highest in the U.S. with the average incident coming with a price tag of $7.91 million. Although one may assume that such leaks are always caused by criminal activity, 25 percent of the cases examined were actually due to human error.
(Source - Statista)
Cybercriminals are increasingly targeting the healthcare and education sector. It's high time that businesses take a strategic decision to move beyond good practice security controls. Even the cybersecurity training for employees have been miles from perfection.
In our continuous efforts to keep businesses and consumers aware and proactive towards the evolving cybersecurity ecosystem, we have curated a list of our best cybersecurity resources that includes the top cybersecurity breaches of this year, industry reports, biggest cybersecurity mergers and acquisitions, billion dollar investment deals, top cybersecurity blogs and influencers to follow and the latest trends and happenings in the cybersecurity world.
We’ll keep updating this blog post with new lists during the rest of 2018.
Ultimate Collection of Cybersecurity Resources
The year 2018 was off to a rocky start. The first quarter of the year witnessed several high profile data breaches, despite passing just three months. On 27th March, the Identity Theft Resource Center (ITRC) reported that there were around 250 total data breaches that comprised more than 5.4 million records (5,444,808 to be precise). And things were expected to go worse from here. Through this blog post, we will be covering the top cybersecurity threats that rocked 2018.
A new report from Recorded Future found out that cybercriminals exploit kits and phishing campaigns favored Microsoft products in 2017, with 7 of the top 10 cybersecurity vulnerabilities exploited by phishing attacks and exploit kits utilizing Microsoft products. The research highlighted the challenges that defenders face to make remediation decisions around these vulnerabilities without having access to all the facts.
For those in the cybersecurity domain, the first quarter of 2018 didn’t disappoint at all. Be it in terms of the top cybersecurity threats or the biggest cybersecurity investments in the market. We witnessed it all in the first three months of the year.
From seed funding for startups to large investments in emerging players, the first quarter of this year was hot. Cybersecurity startups raised a total of $725.8m in funding. This blogpost shows a brief outlook on the biggest cybersecurity investment deals so far.
With the increments in Venture Capital, increased CISO Demand, growth in Cybersecurity spending and rise of Cybercrime damages, the year seems positive for the growth of the Cybersecurity market. Iron Mountain, General Dynamics, and Thoma Bravo, close the biggest deals in the first quarter of 2018 with a combined deal value of around $12.54 billion. This blogpost talks about the top 10 cybersecurity mergers and acquisition deals of 2018.
Cybersecurity is a constantly evolving landscape. We have said it time and again that knowing the rules is just not enough in this ecosystem. Businesses and end-users need to change their mindset and approach to cybersecurity. At Appknox, it’s our constant effort to upgrade our knowledge and skills in an environment that is evolving day by day.
One aspect of staying proactive is following the top cybersecurity blogs and resources that keeps us updated with the latest trends, research and discoveries.
Part of winning the cybersecurity game is to be able to stay ahead and stay informed. It’s not always possible to take time away from your business and dive deeper into security nitty gritties. However, it is extremely useful to be informed of the current happenings that will alert you of incidents your business may also be prone to.
We’ve put together a list of the top 17 cybersecurity influencers that you could follow for insights that nobody else would tell you about.
The healthcare industry is quickly becoming the prime targets for hackers. In the last 5 years alone, the cybersecurity ecosystem has seen a rise in healthcare data breaches – in terms of both frequency and size. The year 2018 is already becoming a year of healthcare data breaches as out of the 250 total number of breaches reported by the Identity Theft Resource Center (ITRC), 67 of those were on the healthcare industry comprising a total of 787,756 number of records ( as on 27th March 2018).
One of the questions we keep getting frequently from businesses as well as others is why do hackers hack? What do they get from doing damage? Is it just about money? Or ego? Well, there are numerous reasons why hackers hack a website or an app or even servers.
In the early days of the internet, hackers hacked websites or took down services just to show they could break a system. So, you could say it was more about their ego or showing off or sometimes just to make a point that something can be broken. These days, it’s way more complicated and so are the intentions behind such activities.
We’ve worked hard to build the best automated mobile app security testing solution along with a strong team of security professionals to ensure complete security for businesses. We are grateful today to be recognized and validated as one of the top global security vendors by the Enterprise Security Magazine.
If you’d like to know more about why Appknox was chosen in this list, sign up with us for a FREE trial and see for yourself!
Cybersecurity in smart cities is one of the biggest, if not ‘the biggest’ challenge for upcoming smart cities in the world. By 2050, about 66% of the world’s population is expected to live in cities. Cybersecurity is a prerequisite for all smart cities in existence, development or in plans of development. This means ensuring that all 9 yards for security are well thought through and executed. Everything from having a Quick reaction plan or force, a backup facility, cloud management and even manual overrides.
Smart cities must adjust and adapt to the requirements and complexities of the new cybersecurity landscape. Let’s take a look at the new cybersecurity landscape we would all be dealing with.
Without a doubt, a career in cybersecurity is very bright in today’s circumstances. Anyone who is thinking about this should definitely start thinking more seriously and the ones who are already in it should dig deeper. The statistics are in favor of a bright career in cybersecurity going ahead. According to ISACA, a non-profit information security advocacy group, by 2019 there will be a global shortage of 2 million cybersecurity professionals.
If you’ve ever considered a career in cybersecurity, now is the perfect time to seize the opportunity to protect the world from cyberattacks.