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According to an IBM report, the average cost of a data breach in 2019 was $3.92 million, while a healthcare industry breach usually costs $6.45 million. However, the average cost of a healthcare data breach (average breach size 25,575 records) in the U.S. is $15 million. [16]
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.
[2] [3] One of the largest breaches of government data in U.S. history, [1] information that was obtained and exfiltrated in the breach [4] included personally identifiable information such as Social Security numbers, [5] as well as names, dates and places of birth, and addresses. [6]
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 ...
Violation of Article 6(1)(a) GDPR by processing personal data without consent or any other legal basis. When imposing the fine, the AEPD took into account: The type of data affected: basic identifiers such as names, surnames, phone number. The relation between the processing and the business activities of the respondent.
The U.S. Government Accountability Office says it was notified of a data breach by IT contractor CGI Federal. The GAO said that about 6,000 people, "primarily current and former GAO employees from ...
The attackers exploited flaws in Microsoft products, services, and software distribution infrastructure. [16] [8] [2] [11]At least one reseller of Microsoft cloud services was compromised by the attackers, constituting a supply chain attack that allowed the attackers to access Microsoft cloud services used by the reseller's customers.
Security breach notification laws or data breach notification laws are laws that require individuals or entities affected by a data breach, unauthorized access to data, [1] to notify their customers and other parties about the breach, as well as take specific steps to remedy the situation based on state legislature. Data breach notification ...