Data Breach

$4 Billion: The True Cost of a Data Breach Equifax has lost over $4 Billion or about 25% of its market value as well as the CEO, CIO and Chief Security Officer, following the data breach announced in early September. Over 50 class action lawsuits have already been filed against the Company and there may be a congressional investigation into the breach. Consumers whose data was stolen will spend time and money ensuring that their financial data is secure. They will be spending sleepless [...]

Whoops – Wells Fargo Exposes Its Wealthiest Clients Securing the Human Factor: Wells Fargo’s Accidental Data Breach It’s more challenging than ever to secure the human factor in cybersecurity. Here we share two recent examples of how human error directly resulted in large data breaches, corporate liability and damage to corporate reputations. The breaches at Wells Fargo and Verizon were the result of simple errors that anyone could have made. And that’s the [...]