Worldwide spending on information security products and services will reach over US$114 billion in 2018, an increase of 12.4 percent from last year, according to recent forecasts from Gartner, a market researcher.
Is your organization prepared?
Although no data breach is alike, there are a number of similarities among the factors that can affect the ultimate cost to your company. The Ponemon Institute's Cost of a Data Breach study examines how data breaches impact businesses and explores ways to reduce the cost, should one strike.
In the second quarter of 2018, 3.15 million patient records were compromised in 142 healthcare data breaches, according to the Protenus Breach Barometer.
When Natalie Hall, a 15 year old from Bowmanville, Ontario, Canada, traded her broken iPhone into a recycling kiosk for $11, she didn't expect she'd ever see it again. Then, she started receiving screenshots of her personal photos on her "recycled phone" from a man in Dubai, reported the CBC News Service. He also accessed her private Instagram account and sent her direct messages.
The annual Ponemon studyon data breach trends demonstrates a continued increase in the cost and frequency of data breach incidents worldwide. While about 48% of data loss is a result of a malicious or criminal attacks, 27% of breaches are caused by negligent acts from employees or contractors.This carelessness often stems from mismanaged processes for controlling data destruction.
GPS trackers used in a United Nations-funded study showed Australian e-scrap was exported to Hong Kong, according to the Basel Action Network.
The watchdog group issued a press release Aug. 8 on the results of a one-year scrap tracking effort funded by a grant from the United Nations Regional Enforcement Network on Chemicals and Waste.
NEW YORK -- (BUSINESS WIRE) -- Citing the recently released 2018 Thales Data Threat Report, which revealed data breach numbers are at an all-time high, John Shegerian, Co-Founder and Executive Chairman of ERI, the nation’s leading recycler of electronic waste and the world's largest cybersecurity-focused hardware destruction company, has claimed that individuals, businesses and even our national security is at an escalated level of risk. To combat that risk, Shegerian said, it has become urgently important to account for data on discarded hardware as well as cyberspace data protections.
I am heartened by the private sector's commitment to protecting the environment through the expansion of the REcycling Nation's Electronic Waste (Renew) programme, allowing consumers to easily recycle their e-waste (Four retailers hop on board e-waste recycling scheme; June 6).
Organizations constantly replace outdated computers, servers, laptops, copiers, and countless other types of electronic devices to keep up with technology and enhance worker productivity. This rush to upgrade, however, creates a challenge: large numbers of excess electronics must be managed and disposed of properly.
A York man — who police say wore and mask and brandished a gun during a Turkey Hill robbery Sunday in the city — was tracked down by a GPS device given to him by a clerk, according to charging documents.
NEW YORK--(BUSINESS WIRE)--Citing a recent article in Insurance Journal about the record number of data breaches reported by New Yorkers last year, John Shegerian, Co-Founder and Executive Chairman of ERI, the nation’s leading recycler of electronic waste and the world's largest cybersecurity-focused hardware destruction company, claims we are just seeing the beginning and that hardware data security remains a “significant threat to national security.”
Cox Communications is being sued for illegally dumping potentially-toxic hardware as well as the casual treatment of private consumer data. According to a lawsuit filed last month (pdf) by the state attorney general in San Diego Superior Court, Cox employees in California threw away customer records without shredding or erasing personal information.
A police raid on the Wai Mei Dat Thai Recycling factory, 100km east of Bangkok last month revealed a shocking find. The 40-acre complex was laden with huge piles of electronic waste – keyboards, motherboards, electrical wires, computer screens and smartphone batteries, just to name a few.
Photo: A stack of computer scrap at Scrap Computing Trading, one of Malaysia's leading private electronics recycling companies, on the outskirts of Kuala Lumpur. (Manan Vatsyayana / AFP Photo)
Basel Action Network (BAN), the organisation that combats both illegal scrap trade and questionable recycling practices across Africa and Asia, has teamed up with electronics major Dell to use GPS trackers to find out where used Dell electronic scrap goes once it is collected from their US consumer takeback programmes.
Dell is tracking where its products end up after they are collected via the company’s US consumer takeback program; the pilot program – an effort between Dell and Basel Action Network (BAN) – is designed to “see if things end up where they are supposed to,” Dell says in its just-released 2018 Corporate Social Responsibility Report.