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| financial impact of data breach: The Cambridge Handbook of Compliance Benjamin van Rooij, D. Daniel Sokol, 2021-05-20 Compliance has become key to our contemporary markets, societies, and modes of governance across a variety of public and private domains. While this has stimulated a rich body of empirical and practical expertise on compliance, thus far, there has been no comprehensive understanding of what compliance is or how it influences various fields and sectors. The academic knowledge of compliance has remained siloed along different disciplinary domains, regulatory and legal spheres, and mechanisms and interventions. This handbook bridges these divides to provide the first one-stop overview of what compliance is, how we can best study it, and the core mechanisms that shape it. Written by leading experts, chapters offer perspectives from across law, regulatory studies, management science, criminology, economics, sociology, and psychology. This volume is the definitive and comprehensive account of compliance. |
| financial impact of data breach: Data Breach Preparation and Response Kevvie Fowler, 2016-06-08 Data Breach Preparation and Response: Breaches are Certain, Impact is Not is the first book to provide 360 degree visibility and guidance on how to proactively prepare for and manage a data breach and limit impact. Data breaches are inevitable incidents that can disrupt business operations and carry severe reputational and financial impact, making them one of the largest risks facing organizations today. The effects of a breach can be felt across multiple departments within an organization, who will each play a role in effectively managing the breach. Kevvie Fowler has assembled a team of leading forensics, security, privacy, legal, public relations and cyber insurance experts to create the definitive breach management reference for the whole organization. - Discusses the cyber criminals behind data breaches and the underground dark web forums they use to trade and sell stolen data - Features never-before published techniques to qualify and discount a suspected breach or to verify and precisely scope a confirmed breach - Helps identify your sensitive data, and the commonly overlooked data sets that, if stolen, can result in a material breach - Defines breach response plan requirements and describes how to develop a plan tailored for effectiveness within your organization - Explains strategies for proactively self-detecting a breach and simplifying a response - Covers critical first-responder steps and breach management practices, including containing a breach and getting the scope right, the first time - Shows how to leverage threat intelligence to improve breach response and management effectiveness - Offers guidance on how to manage internal and external breach communications, restore trust, and resume business operations after a breach, including the critical steps after the breach to reduce breach-related litigation and regulatory fines - Illustrates how to define your cyber-defensible position to improve data protection and demonstrate proper due diligence practices |
| financial impact of data breach: Data Breaches Sherri Davidoff, 2019-10-08 Protect Your Organization Against Massive Data Breaches and Their Consequences Data breaches can be catastrophic, but they remain mysterious because victims don’t want to talk about them. In Data Breaches, world-renowned cybersecurity expert Sherri Davidoff shines a light on these events, offering practical guidance for reducing risk and mitigating consequences. Reflecting extensive personal experience and lessons from the world’s most damaging breaches, Davidoff identifies proven tactics for reducing damage caused by breaches and avoiding common mistakes that cause them to spiral out of control. You’ll learn how to manage data breaches as the true crises they are; minimize reputational damage and legal exposure; address unique challenges associated with health and payment card data; respond to hacktivism, ransomware, and cyber extortion; and prepare for the emerging battlefront of cloud-based breaches. Understand what you need to know about data breaches, the dark web, and markets for stolen data Limit damage by going beyond conventional incident response Navigate high-risk payment card breaches in the context of PCI DSS Assess and mitigate data breach risks associated with vendors and third-party suppliers Manage compliance requirements associated with healthcare and HIPAA Quickly respond to ransomware and data exposure cases Make better decisions about cyber insurance and maximize the value of your policy Reduce cloud risks and properly prepare for cloud-based data breaches Data Breaches is indispensable for everyone involved in breach avoidance or response: executives, managers, IT staff, consultants, investigators, students, and more. Read it before a breach happens! Register your book for convenient access to downloads, updates, and/or corrections as they become available. See inside book for details. |
| financial impact of data breach: You'll See This Message When It Is Too Late Josephine Wolff, 2018-11-13 What we can learn from the aftermath of cybersecurity breaches and how we can do a better job protecting online data. Cybersecurity incidents make the news with startling regularity. Each breach—the theft of 145.5 million Americans' information from Equifax, for example, or the Russian government's theft of National Security Agency documents, or the Sony Pictures data dump—makes headlines, inspires panic, instigates lawsuits, and is then forgotten. The cycle of alarm and amnesia continues with the next attack, and the one after that. In this book, cybersecurity expert Josephine Wolff argues that we shouldn't forget about these incidents, we should investigate their trajectory, from technology flaws to reparations for harm done to their impact on future security measures. We can learn valuable lessons in the aftermath of cybersecurity breaches. Wolff describes a series of significant cybersecurity incidents between 2005 and 2015, mapping the entire life cycle of each breach in order to identify opportunities for defensive intervention. She outlines three types of motives underlying these attacks—financial gain, espionage, and public humiliation of the victims—that have remained consistent through a decade of cyberattacks, offers examples of each, and analyzes the emergence of different attack patterns. The enormous TJX breach in 2006, for instance, set the pattern for a series of payment card fraud incidents that led to identity fraud and extortion; the Chinese army conducted cyberespionage campaigns directed at U.S.-based companies from 2006 to 2014, sparking debate about the distinction between economic and political espionage; and the 2014 breach of the Ashley Madison website was aimed at reputations rather than bank accounts. |
| financial impact of data breach: Corporate Governance Alexander N. Kostyuk, Udo C. Braendle, Rodolfo Apreda, 2007 |
| financial impact of data breach: Information is Beautiful David McCandless, 2009 Miscellaneous facts and ideas are interconnected and represented in a visual format, a visual miscellaneum, which represents a series of experiments in making information approachable and beautiful -- from p.007 |
| financial impact of data breach: Consumer Attitudes Toward Data Breach Notifications and Loss of Personal Information Lillian Ablon, Paul Heaton, Diana Catherine Lavery, Sasha Romanosky, 2016-04-14 This report sets out the results of a study of consumer attitudes toward data breaches, notifications of those breaches, and company responses to such events. |
| financial impact of data breach: The Essentials of Risk Management, Second Edition Michel Crouhy, Dan Galai, Robert Mark, 2013-12-06 The essential guide to quantifying risk vs. return has been updated to reveal the newest, most effective innovations in financial risk management Written for risk professionals and non-risk professionals alike, this easy-to-understand guide helps readers meet the increasingly insistent demand to make sophisticated assessments of their company’s risk exposure Provides the latest methods for measuring and transferring credit risk, increase risk-management transparency, and implement an organization-wide Enterprise risk Management (ERM) approach The authors are renowned figures in risk management: Crouhy heads research and development at NATIXIS; Galai is the Abe Gray Professor of Finance and Business Asdministration at Hebrew University; and Mark is the founding CEO of Black Diamond Risk |
| financial impact of data breach: Cyber Risk for the Financial Sector: A Framework for Quantitative Assessment Antoine Bouveret, 2018-06-22 Cyber risk has emerged as a key threat to financial stability, following recent attacks on financial institutions. This paper presents a novel documentation of cyber risk around the world for financial institutions by analyzing the different types of cyber incidents (data breaches, fraud and business disruption) and identifying patterns using a variety of datasets. The other novel contribution that is outlined is a quantitative framework to assess cyber risk for the financial sector. The framework draws on a standard VaR type framework used to assess various types of stability risk and can be easily applied at the individual country level. The framework is applied in this paper to the available cross-country data and yields illustrative aggregated losses for the financial sector in the sample across a variety of scenarios ranging from 10 to 30 percent of net income. |
| financial impact of data breach: Hands-On Cybersecurity for Finance Dr. Erdal Ozkaya, Milad Aslaner, 2019-01-31 A comprehensive guide that will give you hands-on experience to study and overcome financial cyber threats Key FeaturesProtect your financial environment with cybersecurity practices and methodologiesIdentify vulnerabilities such as data manipulation and fraudulent transactionsProvide end-to-end protection within organizationsBook Description Organizations have always been a target of cybercrime. Hands-On Cybersecurity for Finance teaches you how to successfully defend your system against common cyber threats, making sure your financial services are a step ahead in terms of security. The book begins by providing an overall description of cybersecurity, guiding you through some of the most important services and technologies currently at risk from cyber threats. Once you have familiarized yourself with the topic, you will explore specific technologies and threats based on case studies and real-life scenarios. As you progress through the chapters, you will discover vulnerabilities and bugs (including the human risk factor), gaining an expert-level view of the most recent threats. You'll then explore information on how you can achieve data and infrastructure protection. In the concluding chapters, you will cover recent and significant updates to procedures and configurations, accompanied by important details related to cybersecurity research and development in IT-based financial services. By the end of the book, you will have gained a basic understanding of the future of information security and will be able to protect financial services and their related infrastructures. What you will learnUnderstand the cyber threats faced by organizationsDiscover how to identify attackersPerform vulnerability assessment, software testing, and pentestingDefend your financial cyberspace using mitigation techniques and remediation plansImplement encryption and decryptionUnderstand how Artificial Intelligence (AI) affects cybersecurityWho this book is for Hands-On Cybersecurity for Finance is for you if you are a security architect, cyber risk manager, or pentester looking to secure your organization. Basic understanding of cybersecurity tools and practices will help you get the most out of this book. |
| financial impact of data breach: IT Security Risk Control Management Raymond Pompon, 2016-09-14 Follow step-by-step guidance to craft a successful security program. You will identify with the paradoxes of information security and discover handy tools that hook security controls into business processes. Information security is more than configuring firewalls, removing viruses, hacking machines, or setting passwords. Creating and promoting a successful security program requires skills in organizational consulting, diplomacy, change management, risk analysis, and out-of-the-box thinking. What You Will Learn: Build a security program that will fit neatly into an organization and change dynamically to suit both the needs of the organization and survive constantly changing threats Prepare for and pass such common audits as PCI-DSS, SSAE-16, and ISO 27001 Calibrate the scope, and customize security controls to fit into an organization’s culture Implement the most challenging processes, pointing out common pitfalls and distractions Frame security and risk issues to be clear and actionable so that decision makers, technical personnel, and users will listen and value your advice Who This Book Is For: IT professionals moving into the security field; new security managers, directors, project heads, and would-be CISOs; and security specialists from other disciplines moving into information security (e.g., former military security professionals, law enforcement professionals, and physical security professionals) |
| financial impact of data breach: A Fire Upon The Deep Vernor Vinge, 2010-04-01 Now with a new introduction for the Tor Essentials line, A Fire Upon the Deep is sure to bring a new generation of SF fans to Vinge's award-winning works. A Hugo Award-winning Novel! “Vinge is one of the best visionary writers of SF today.”-David Brin Thousands of years in the future, humanity is no longer alone in a universe where a mind's potential is determined by its location in space, from superintelligent entities in the Transcend, to the limited minds of the Unthinking Depths, where only simple creatures, and technology, can function. Nobody knows what strange force partitioned space into these regions of thought, but when the warring Straumli realm use an ancient Transcendent artifact as a weapon, they unwittingly unleash an awesome power that destroys thousands of worlds and enslaves all natural and artificial intelligence. Fleeing this galactic threat, Ravna crash lands on a strange world with a ship-hold full of cryogenically frozen children, the only survivors from a destroyed space-lab. They are taken captive by the Tines, an alien race with a harsh medieval culture, and used as pawns in a ruthless power struggle. Tor books by Vernor Vinge Zones of Thought Series A Fire Upon The Deep A Deepness In The Sky The Children of The Sky Realtime/Bobble Series The Peace War Marooned in Realtime Other Novels The Witling Tatja Grimm's World Rainbows End Collections Collected Stories of Vernor Vinge True Names At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied. |
| financial impact of data breach: Effective Model-Based Systems Engineering John M. Borky, Thomas H. Bradley, 2018-09-08 This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques. |
| financial impact of data breach: OECD SME and Entrepreneurship Outlook 2019 OECD, 2019-05-20 The new OECD SME and Entrepreneurship Outlook presents the latest trends in performance of small and medium-sized enterprises (SMEs) and provides a comprehensive overview of business conditions and policy frameworks for SMEs and entrepreneurs. This year’s edition provides comparative evidence on business dynamism, productivity growth, wage gaps and export trends by firm size across OECD countries and emerging economies. |
| financial impact of data breach: Organizational Resilience D. Christopher Kayes, 2015 In the age of knowledge, organizations survive and thrive only when they learn. All too often, when organizations are confronted with novel or changing situations, the process of learning breaks down and the result is catastrophic. In Organizational Resilience: How Learning Sustains Organizations in Crisis, Disaster, and Breakdown, D. Christopher Kayes explains why all organizational leaders should be concerned about learning and the dire consequences that may ensue if they are not. Kayes draws on the foundational ideas of philosopher John Dewey, then connects this philosophy to contemporary studies on learning, management, and organizations. Through a wide range of examples from the realms of government, finance, engineering, healthcare, and commercial air travel, he describes how learning can help organizations weather crises and outlines specific ways that leaders can learn from their experience. The first comprehensive review of how learning sustains organizations in challenging times, Organizational Resilience is essential reading for crisis managers, disaster-recovery team leaders, continuity-of-operations planning professionals, emergency-management professionals, and leaders at all levels who want their organizations to thrive. |
| financial impact of data breach: Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance El Bachir Boukherouaa, Mr. Ghiath Shabsigh, Khaled AlAjmi, Jose Deodoro, Aquiles Farias, Ebru S Iskender, Mr. Alin T Mirestean, Rangachary Ravikumar, 2021-10-22 This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight. |
| financial impact of data breach: Economic Security: Neglected Dimension of National Security ? National Defense University (U S ), National Defense University (U.S.), Institute for National Strategic Studies (U S, Sheila R. Ronis, 2011-12-27 On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security. |
| financial impact of data breach: Cyber Risk, Market Failures, and Financial Stability Emanuel Kopp, Lincoln Kaffenberger, Christopher Wilson, 2017-08-07 Cyber-attacks on financial institutions and financial market infrastructures are becoming more common and more sophisticated. Risk awareness has been increasing, firms actively manage cyber risk and invest in cybersecurity, and to some extent transfer and pool their risks through cyber liability insurance policies. This paper considers the properties of cyber risk, discusses why the private market can fail to provide the socially optimal level of cybersecurity, and explore how systemic cyber risk interacts with other financial stability risks. Furthermore, this study examines the current regulatory frameworks and supervisory approaches, and identifies information asymmetries and other inefficiencies that hamper the detection and management of systemic cyber risk. The paper concludes discussing policy measures that can increase the resilience of the financial system to systemic cyber risk. |
| financial impact of data breach: The Ethics of Cybersecurity Markus Christen, Bert Gordijn, Michele Loi, 2020-02-10 This open access book provides the first comprehensive collection of papers that provide an integrative view on cybersecurity. It discusses theories, problems and solutions on the relevant ethical issues involved. This work is sorely needed in a world where cybersecurity has become indispensable to protect trust and confidence in the digital infrastructure whilst respecting fundamental values like equality, fairness, freedom, or privacy. The book has a strong practical focus as it includes case studies outlining ethical issues in cybersecurity and presenting guidelines and other measures to tackle those issues. It is thus not only relevant for academics but also for practitioners in cybersecurity such as providers of security software, governmental CERTs or Chief Security Officers in companies. |
| financial impact of data breach: Guide to Protecting the Confidentiality of Personally Identifiable Information Erika McCallister, 2010-09 The escalation of security breaches involving personally identifiable information (PII) has contributed to the loss of millions of records over the past few years. Breaches involving PII are hazardous to both individuals and org. Individual harms may include identity theft, embarrassment, or blackmail. Organ. harms may include a loss of public trust, legal liability, or remediation costs. To protect the confidentiality of PII, org. should use a risk-based approach. This report provides guidelines for a risk-based approach to protecting the confidentiality of PII. The recommend. here are intended primarily for U.S. Fed. gov¿t. agencies and those who conduct business on behalf of the agencies, but other org. may find portions of the publication useful. |
| financial impact of data breach: Economics of Information Security L. Jean Camp, Stephen Lewis, 2006-04-11 Designed for managers struggling to understand the risks in organizations dependent on secure networks, this book applies economics not to generate breakthroughs in theoretical economics, but rather breakthroughs in understanding the problems of security. |
| financial impact of data breach: The New Era of Cybersecurity Breaches Graeme Payne, 2019-08-08 Over the last decade, as companies have continued to march forward on the digitization of everything, the cybersecurity risk profile has continued to change. Since 2005, there have been over 9,000 publicly disclosed data breaches. In the last five years, the financial losses due to cyber-attacks have risen by over 62%. Identifying, mitigating and managing cybersecurity risks in today's environment is a challenging task. On July 29, 2017, Equifax discovered criminal hackers had broken into its systems. Graeme Payne was one of the first senior executives to be told about the attack. Six weeks later, Equifax announced that the personal information of over 140 million US consumers had been exposed in one of the largest data breaches of the 21st Century. What followed was a challenging response that drew widespread criticism. Graeme Payne was fired on October 2, the day before former Chairman & CEO Richard Smith testified to Congress that the root cause of the data breach was a human error and a technological failure. Graeme Payne would later be identified as the human error. In The New Era of Cybersecurity Breaches, Graeme Payne describes the new era of cybersecurity breaches, the challenges of managing cybersecurity, and the story of the Equifax Cybersecurity Breach. Graeme tells the story of how Equifax became a valuable target for cybercriminals, the conclusions reached by various investigators regarding the cause of the breach, the challenges faced by Equifax in responding to the breach, and the widespread consequences that continue to have an impact. The New Era of Cybersecurity Breaches is a must-read for board members, executives, managers and security leaders. This book will help you understand: The importance of implementing strong procedural, technical, and people controls to secure your systems. Essential lessons in preparing for, and responding to, a major data breach when (not if) one occurs. The critical role boards and senior leaders have in your organization's cybersecurity program. The lessons learned from major cybersecurity breaches, including the Equifax 2017 Data Breach, can be applied to your company to test and improve your cybersecurity posture. |
| financial impact of data breach: Model Rules of Professional Conduct American Bar Association. House of Delegates, Center for Professional Responsibility (American Bar Association), 2007 The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts. |
| financial impact of data breach: Computers at Risk National Research Council, Division on Engineering and Physical Sciences, Computer Science and Telecommunications Board, Commission on Physical Sciences, Mathematics, and Applications, System Security Study Committee, 1990-02-01 Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy. |
| financial impact of data breach: Big Breaches Neil Daswani, Moudy Elbayadi, 2021-06-02 The cybersecurity industry has seen an investment of over $45 billion in the past 15 years. Hundreds of thousands of jobs in the field remain unfilled amid breach after breach, and the problem has come to a head. It is time for everyone—not just techies—to become informed and empowered on the subject of cybersecurity. In engaging and exciting fashion, Big Breaches covers some of the largest security breaches and the technical topics behind them such as phishing, malware, third-party compromise, software vulnerabilities, unencrypted data, and more. Cybersecurity affects daily life for all of us, and the area has never been more accessible than with this book. You will obtain a confident grasp on industry insider knowledge such as effective prevention and detection countermeasures, the meta-level causes of breaches, the seven crucial habits for optimal security in your organization, and much more. These valuable lessons are applied to real-world cases, helping you deduce just how high-profile mega-breaches at Target, JPMorganChase, Equifax, Marriott, and more were able to occur. Whether you are seeking to implement a stronger foundation of cybersecurity within your organization or you are an individual who wants to learn the basics, Big Breaches ensures that everybody comes away with essential knowledge to move forward successfully. Arm yourself with this book’s expert insights and be prepared for the future of cybersecurity. Who This Book Is For Those interested in understanding what cybersecurity is all about, the failures have taken place in the field to date, and how they could have been avoided. For existing leadership and management in enterprises and government organizations, existing professionals in the field, and for those who are considering entering the field, this book covers everything from how to create a culture of security to the technologies and processes you can employ to achieve security based on lessons that can be learned from past breaches. |
| financial impact of data breach: How to Measure Anything in Cybersecurity Risk Douglas W. Hubbard, Richard Seiersen, 2016-07-25 A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current risk management practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's best practices Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques. |
| financial impact of data breach: The Ethics of Information Technology and Business Richard T. De George, 2008-04-15 This is the first study of business ethics to take into consideration the plethora of issues raised by the Information Age. The first study of business ethics to take into consideration the plethora of issues raised by the Information Age. Explores a wide range of topics including marketing, privacy, and the protection of personal information; employees and communication privacy; intellectual property issues; the ethical issues of e-business; Internet-related business ethics problems; and the ethical dimension of information technology on society. Uncovers previous ignored ethical issues. Underlines the need for public discussion of the issues. Argues that computers and information technology have not necessarily developed in the most ethical manner possible. |
| financial impact of data breach: Security Risk Management Evan Wheeler, 2011-04-20 Security Risk Management is the definitive guide for building or running an information security risk management program. This book teaches practical techniques that will be used on a daily basis, while also explaining the fundamentals so students understand the rationale behind these practices. It explains how to perform risk assessments for new IT projects, how to efficiently manage daily risk activities, and how to qualify the current risk level for presentation to executive level management. While other books focus entirely on risk analysis methods, this is the first comprehensive text for managing security risks. This book will help you to break free from the so-called best practices argument by articulating risk exposures in business terms. It includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment. It explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk. It also presents a roadmap for designing and implementing a security risk management program. This book will be a valuable resource for CISOs, security managers, IT managers, security consultants, IT auditors, security analysts, and students enrolled in information security/assurance college programs. - Named a 2011 Best Governance and ISMS Book by InfoSec Reviews - Includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment - Explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk - Presents a roadmap for designing and implementing a security risk management program |
| financial impact of data breach: Threat Forecasting John Pirc, David DeSanto, Iain Davison, Will Gragido, 2016-05-17 Drawing upon years of practical experience and using numerous examples and illustrative case studies, Threat Forecasting: Leveraging Big Data for Predictive Analysis discusses important topics, including the danger of using historic data as the basis for predicting future breaches, how to use security intelligence as a tool to develop threat forecasting techniques, and how to use threat data visualization techniques and threat simulation tools. Readers will gain valuable security insights into unstructured big data, along with tactics on how to use the data to their advantage to reduce risk. - Presents case studies and actual data to demonstrate threat data visualization techniques and threat simulation tools - Explores the usage of kill chain modelling to inform actionable security intelligence - Demonstrates a methodology that can be used to create a full threat forecast analysis for enterprise networks of any size |
| financial impact of data breach: The Impact of the Sarbanes-Oxley Act United States. Congress. House. Committee on Financial Services, 2005 |
| financial impact of data breach: The Manga Guide to Databases Mana Takahashi, Shoko Azuma, Co Ltd Trend, 2009-01-15 Want to learn about databases without the tedium? With its unique combination of Japanese-style comics and serious educational content, The Manga Guide to Databases is just the book for you. Princess Ruruna is stressed out. With the king and queen away, she has to manage the Kingdom of Kod's humongous fruit-selling empire. Overseas departments, scads of inventory, conflicting prices, and so many customers! It's all such a confusing mess. But a mysterious book and a helpful fairy promise to solve her organizational problems—with the practical magic of databases. In The Manga Guide to Databases, Tico the fairy teaches the Princess how to simplify her data management. We follow along as they design a relational database, understand the entity-relationship model, perform basic database operations, and delve into more advanced topics. Once the Princess is familiar with transactions and basic SQL statements, she can keep her data timely and accurate for the entire kingdom. Finally, Tico explains ways to make the database more efficient and secure, and they discuss methods for concurrency and replication. Examples and exercises (with answer keys) help you learn, and an appendix of frequently used SQL statements gives the tools you need to create and maintain full-featured databases. (Of course, it wouldn't be a royal kingdom without some drama, so read on to find out who gets the girl—the arrogant prince or the humble servant.) This EduManga book is a translation of a bestselling series in Japan, co-published with Ohmsha, Ltd., of Tokyo, Japan. |
| financial impact of data breach: FinTech Development for Financial Inclusiveness Anshari, Muhammad, Almunawar, Mohamad Nabil, Masri, Masairol, 2021-11-26 Financial technology (FinTech) and its related products are considered a major disruptive innovation in financial services, substantially elevating financial solutions and new business models. Resulting from the fusion of finance and smart mobile technology, this innovative technology requires additional investigation into its adoption, challenges, opportunities, and future directions so that we may understand and develop the technology to its full potential. FinTech Development for Financial Inclusiveness moves beyond the theoretical areas of FinTech to comprehensively explore the recent FinTech initiative scenarios with respect to processes, strategies, challenges, lessons learned, and outcomes within economic development as well as trade and investment. Covering a range of topics such as decentralized finance and global electronic commerce, it is ideal for industry professionals, business owners, consultants, practitioners, instructors, researchers, academicians, and students. |
| financial impact of data breach: Hacked Again Scott N. Schober, 2016-03-15 Hacked Again details the ins and outs of cybersecurity expert and CEO of a top wireless security tech firm Scott Schober, as he struggles to understand: the motives and mayhem behind his being hacked. As a small business owner, family man and tech pundit, Scott finds himself leading a compromised life. By day, he runs a successful security company and reports on the latest cyber breaches in the hopes of offering solace and security tips to millions of viewers. But by night, Scott begins to realize his worst fears are only a hack away as he falls prey to an invisible enemy. When a mysterious hacker begins to steal thousands from his bank account, go through his trash and rake over his social media identity; Scott stands to lose everything he worked so hard for. But his precarious situation only fortifies Scott's position as a cybersecurity expert and also as a harbinger for the fragile security we all cherish in this digital life. Amidst the backdrop of major breaches such as Target and Sony, Scott shares tips and best practices for all consumers concerning email scams, password protection and social media overload: Most importantly, Scott shares his own story of being hacked repeatedly and bow he has come to realize that the only thing as important as his own cybersecurity is that of his readers and viewers. Part cautionary tale and part cyber self-help guide, Hacked Again probes deep into the dark web for truths and surfaces to offer best practices and share stories from an expert who has lived as both an enforcer and a victim in the world of cybersecurity. Book jacket. |
| financial impact of data breach: Mastering Data Breaches Cybellium Ltd, 2023-09-06 Cybellium Ltd is dedicated to empowering individuals and organizations with the knowledge and skills they need to navigate the ever-evolving computer science landscape securely and learn only the latest information available on any subject in the category of computer science including: - Information Technology (IT) - Cyber Security - Information Security - Big Data - Artificial Intelligence (AI) - Engineering - Robotics - Standards and compliance Our mission is to be at the forefront of computer science education, offering a wide and comprehensive range of resources, including books, courses, classes and training programs, tailored to meet the diverse needs of any subject in computer science. Visit https://www.cybellium.com for more books. |
| financial impact of data breach: CASP+ CompTIA Advanced Security Practitioner Study Guide Jeff T. Parker, 2021-10-19 Prepare to succeed in your new cybersecurity career with the challenging and sought-after CASP+ credential In the newly updated Fourth Edition of CASP+ CompTIA Advanced Security Practitioner Study Guide Exam CAS-004, risk management and compliance expert Jeff Parker walks you through critical security topics and hands-on labs designed to prepare you for the new CompTIA Advanced Security Professional exam and a career in cybersecurity implementation. Content and chapter structure of this Fourth edition was developed and restructured to represent the CAS-004 Exam Objectives. From operations and architecture concepts, techniques and requirements to risk analysis, mobile and small-form factor device security, secure cloud integration, and cryptography, you’ll learn the cybersecurity technical skills you’ll need to succeed on the new CAS-004 exam, impress interviewers during your job search, and excel in your new career in cybersecurity implementation. This comprehensive book offers: Efficient preparation for a challenging and rewarding career in implementing specific solutions within cybersecurity policies and frameworks A robust grounding in the technical skills you’ll need to impress during cybersecurity interviews Content delivered through scenarios, a strong focus of the CAS-004 Exam Access to an interactive online test bank and study tools, including bonus practice exam questions, electronic flashcards, and a searchable glossary of key terms Perfect for anyone preparing for the CASP+ (CAS-004) exam and a new career in cybersecurity, CASP+ CompTIA Advanced Security Practitioner Study Guide Exam CAS-004 is also an ideal resource for current IT professionals wanting to promote their cybersecurity skills or prepare for a career transition into enterprise cybersecurity. |
| financial impact of data breach: Enhancing the Role of Insurance in Cyber Risk Management Organization for Economic Cooperation and Development, 2017 The digital transformation of economic activities is creating significant opportunities for innovation, convenience and efficiency. However, recent major incidents have highlighted the digital security and privacy protection risks that come with an increased reliance on digital technologies. While not a substitute for investing in cyber security and risk management, insurance coverage for cyber risk can make a significant contribution to the management of cyber risk by promoting awareness about exposure to cyber losses, sharing expertise on risk management, encouraging investment in risk reduction and facilitating the response to cyber incidents. This report provides an overview of the financial impact of cyber incidents, the coverage of cyber risk available in the insurance market, the challenges to market development and initiatives to address those challenges. It includes a number of policy recommendations which support the development of the cyber insurance market and contribute to improving the management of cyber risk. |
| financial impact of data breach: The Privacy, Data Protection and Cybersecurity Law Review Alan Charles Raul, |
| financial impact of data breach: Mastering Data Breach Response Cybellium Ltd, 2023-09-06 Cybellium Ltd is dedicated to empowering individuals and organizations with the knowledge and skills they need to navigate the ever-evolving computer science landscape securely and learn only the latest information available on any subject in the category of computer science including: - Information Technology (IT) - Cyber Security - Information Security - Big Data - Artificial Intelligence (AI) - Engineering - Robotics - Standards and compliance Our mission is to be at the forefront of computer science education, offering a wide and comprehensive range of resources, including books, courses, classes and training programs, tailored to meet the diverse needs of any subject in computer science. Visit https://www.cybellium.com for more books. |
| financial impact of data breach: S. 3742, the Data Security and Breach Notification Act of 2010 United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Consumer Protection, Product Safety, and Insurance, 2011 |
| financial impact of data breach: Access Control, Authentication, and Public Key Infrastructure Bill Ballad, Tricia Ballad, Erin Banks, 2010-10-22 PART OF THE NEW JONES & BARTLETT LEARNING INFORMATION SYSTEMS SECURITY & ASSURANCE SERIES! Access control protects resources against unauthorized viewing, tampering, or destruction. They serve as a primary means of ensuring privacy, confidentiality, and prevention of unauthorized disclosure. The first part of Access Control, Authentication, and Public Key Infrastructure defines the components of access control, provides a business framework for implementation, and discusses legal requirements that impact access contol programs. It then looks at the risks, threats, and vulnerabilities prevalent in information systems and IT infrastructures and how to handle them. The final part is a resource for students and professionals which disucsses putting access control systems to work as well as testing and managing them. |
Cost of a data breach 2024 | IBM
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Oct 2, 2023 · As per the IBM report, the global average cost of a data breach reached $4.35 million in 2022, while the number is more than double in the U.S., averaging $9.44 million. In …
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According to the Ponemon Institute, the global average cost of a data breach has increased by 12 percent over the past five years to an astounding $3.92 million. In the U.S., companies spend …
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Dec 19, 2023 · Learn how to accurately estimate associated effects after a breach occurs. The financial effects of a data breach can range from losses due to business disruption and data …
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Sep 20, 2024 · The financial impact of a data breach can be substantial. According to recent studies, the average cost of a data breach in the United States is over $8 million. This cost …
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Jun 2, 2025 · T-Mobile data breach settlement: Learn about the recent T-Mobile data breach, its impact on customer data, and the subsequent settlement. Discover how the breach exposed …
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