A report by Illumio found that nearly half of all data breaches in the last year originated in the cloud, resulting in businesses losing an average of $4.1M per breach. The survey revealed businesses are most concerned about reputational damage, loss of sensitive data, and disruption to revenue-generating services. Meanwhile, threats to cloud security primarily stem from overlapping workloads and data and misunderstandings about divisions of responsibility.
Court hears that Cyberattack on Cabot, a debt acquisition company, resulted in theft of 394,000 data files – DataBreaches.Net
Well, it seems even in the world of credit servicing, companies are not safe from the menacing clutches of cyber crime. An interesting turn of
