Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vulnerabilities / Threats

3/12/2020
05:15 PM
50%
50%

New Report Shows Breach Costs Continuing to Grow

The costs associated with data breaches climb alongside the amount of data managed by the enterprise according to the latest Global Protection Index Snapshot.

Organizations are, on average, managing nearly 40% more data than one year ago. And 80% see that data having value. Unfortunately, 81% don't think their cybersecurity is up to future challenges. These are just some of the conclusions in the Global Data Protection Index 2020 Snapshot released today by Dell Technologies.

The snapshot, based on interviews of 1,000 executives in organizations with more than 250 employees, shows that the amount of data the enterprise must manage has exploded in recent years. In 2019, the average organization was keeping track of 13.53 petabytes (PB) of data, an 831% increase from the 1.45PB they were managing in 2016. And the cost of security failures is increasing as the data size goes up.

According to the report, both the average cost of the downtime associated with a breach, and the cost of the breach itself, went up in 2019. The average cost of downtime went up by 54% from 2018 to 2019, with the estimated total cost hitting $810,018 in 2019, up from $526,845 in 2018. For data loss, the total also increased, from $995,613 in 2018 to $1,013,075 in 2019. In an interesting note, both costs were higher for organizations with multiple data protection vendors than for those depending on a single source for protection.

For more, read here.

Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's featured story: "Keys to Hiring Cybersecurity Pros When Certification Can't Help."

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 4/7/2020
Researcher Hijacks iOS, macOS Camera with Three Safari Zero-Days
Kelly Sheridan, Staff Editor, Dark Reading,  4/3/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
State of Cybersecurity Incident Response
State of Cybersecurity Incident Response
Data breaches and regulations have forced organizations to pay closer attention to the security incident response function. However, security leaders may be overestimating their ability to detect and respond to security incidents. Read this report to find out more.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-21082
PUBLISHED: 2020-04-08
An issue was discovered on Samsung mobile devices with N(7.x) software. Dex Station allows App Pinning bypass and lock-screen bypass via the "Use screen lock type to unpin" option. The Samsung ID is SVE-2017-11106 (February 2018).
CVE-2018-21083
PUBLISHED: 2020-04-08
An issue was discovered on Samsung mobile devices with M(6.0), N(7.x), and O(8.0) (Exynos or Qualcomm chipsets) software. There is information disclosure (of a kernel address) via trustonic_tee. The Samsung ID is SVE-2017-11175 (February 2018).
CVE-2018-21084
PUBLISHED: 2020-04-08
An issue was discovered on Samsung mobile devices with L(5.1), M(6.0), and N(7.x) software. There is a race condition with a resultant read-after-free issue in get_kek. The Samsung ID is SVE-2017-11174 (February 2018).
CVE-2018-21085
PUBLISHED: 2020-04-08
An issue was discovered on Samsung mobile devices with L(5.x), M(6.0), and N(7.x) software. There is a race condition with a resultant use-after-free in vnswap_deinit_backing_storage. The Samsung ID is SVE-2017-11176 (February 2018).
CVE-2018-21086
PUBLISHED: 2020-04-08
An issue was discovered on Samsung mobile devices with L(5.x), M(6.0), and N(7.x) software. There is a race condition with a resultant double free in vnswap_init_backing_storage. The Samsung ID is SVE-2017-11177 (February 2018).