It seems the bigger the brand, the bigger the challenge for external threats to win brownie points amongst their peers. External threats are taking up the challenge to break through the perimeter and target highly prized privileged accounts that often exist on networks in unprotected Word or Excel documents. With access to these accounts a compromise becomes that much easier.
The number of security breaches attributed to third parties continues to rise – the IRS was hit by a wave of attacks last year and let’s not forget the infamous Target breach of 2013 that saw 40 million debit and credit card details leaked - yet a PwC Global State of Information Security Survey found that 74% of companies do not even have a complete inventory of all third parties that handle personal data of their employees and customers, are completely unaware that they’re over-sharing data and often don’t even know who officially “owns” the third party relationship.
The Identity Theft Resource Center (ITRC) Data Breach report has recently been published. The ITRC have been tracking security breaches in the United States since 2005, looking for patterns, new trends and any information that help the wider community to educate consumers and businesses on the need for understanding the value of protecting personal identifying information.
Wallix are again finalists in the Computing Security Awards nominated in the category of Identity and Access Management Solution of the Year and also our AdminBastion Suite has been nominated for Editor’s choice.
Despite global IT security spending peaking in 2016 at $81billion which represents a 7.9 percent increase on 2015, local government organisations in the UK have seen a 14 percent increase in the number of reported data breaches. Local government was second only to the UK health sector when measured by the total number of reported data breaches.
