A hacked university might have made a profit after paying a cryptocurrency ransom, China suffers possibly the biggest data breach in history, and Reuters investigates digital mercenaries. All this and much more is discussed in the latest edition of the award-winning “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this … Continue reading "Smashing Security podcast #282: Raising money through ransomware, China’s mega-leak, and hackers for hire"

There have been many articles about the cost of a security breach. With the emergence of privacy regulations that assign penalties based on a business’ profit, or those that calculate a value for each compromised record, it is possible to calculate the cost of a breach based on those metrics. However, it would seem that […]… Read More

The post The True Cost of a Security Breach appeared first on The State of Security.

Internet-connected jacuzzis find themselves in hot water, and a Google engineer claims that their AI has developed feelings. All this and more is discussed in the latest edition of the award-winning "Smashing Security" podcast by computer security veterans Graham Cluley and Carole Theriault.

According to IBM’s Cost of a Data Breach report In 2021, data breach costs rose from $3.86 million to $4.24 million, exhibiting the highest average total cost in the 17-year history of their report. A new report from the Department for Culture, Media, and Sport (DCMS) has revealed that data breaches have become more costly […]… Read More

The post The actual cost of a breach – reputation, loss of customers, fines, suspension of business appeared first on The State of Security.