Cyber threats such as phishing, social engineering and ransomware attacks are putting businesses with weak security measures at risk of significant data breaches. These often result in severe financial losses and damage to reputation, causing a loss of trust with consumers. The average cost of a data breach is estimated at $3.86 million. Once a consumer’s trust has been compromised, it is often impossible to restore. The article discusses the importance of data security and different types of data breaches, and how organizations can mitigate their risk.

Hackers’ “bullet-proof” hosts deliver malware from blockchains
Hacking groups—at least one of which works on behalf of the North Korean government—have found a new and inexpensive way to distribute malware from “bullet-proof”