Rising costs associated with data breaches drive impacts on consumers, says IBM research. A 10% increase this year has pushed the average business disruption and remediation cost to $4.88m, but instead of bolstering data breach prevention efforts many of the organisations surveyed pass these costs onto customers. Additionally, the average data breach recovery time is 100 to 150 days at least, creating a long-term recovery period.

Hackers are selling counterfeit phones with crypto-stealing malware
Kaspersky has identified thousands of low-cost Android smartphones sold online that come with preinstalled malware programmed to steal cryptocurrency details. The devices are infected with