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Cyberattacks on businesses are rising, including small businesses. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a type ...
It is estimated that the average cost of a data breach will be over $150 million by 2020, with the global annual cost forecast to be $2.1 trillion. [ 2 ] [ 3 ] As a result of data breaches, it is estimated that in first half of 2018 alone, about 4.5 billion records were exposed. [ 4 ]
On 7 February 2023, Munster Technological University announced that it was investigating a significant breach of the information technology and telephone systems that had occurred over the weekend. Systems such as email, HR, payroll and finance were not affected. [ 2 ]
In 2016, researcher Sasha Romanosky estimated that while the mean breach cost around the targeted firm $5 million, this figure was inflated by a few highly expensive breaches, and the typical data breach was much less costly, around $200,000. Romanosky estimated the total annual cost to corporations in the United States to be around $10 billion.
College students in California sued the federal Education Department Friday, alleging Elon Musk's DOGE team viewed their private data.
A data breach has exposed personal information of students and employees at seven of Idaho’s public colleges, the State Board of Education said Friday.
August: T-Mobile reported that data files with information from about 40 million former or prospective T-Mobile customers, including first and last names, date of birth, SSN, and driver's license/ID information, were compromised. [192] September and October: 2021 Epik data breach.
Download Data. We also urge universities to post the reports they must make to the NCAA in an easy-to-find location on their websites. Very few do so. This seems to us a necessary first step toward better communicating with students and parents about the true cost of supporting intercollegiate sports. —Ben Hallman and Shane Shifflett. Methodology