10 Cybersecurity Statistics That Every Business Should Know [New Research]

10 Cybersecurity Statistics That Every Business Should Know [New Research]

GetApp’s 2019 cybersecurity statistics identify numerous insights into the tools and practices that businesses use—or don’t use—to shape their IT security posture.

We recently conducted a comprehensive data security survey to better understand how businesses in the U.S. are contending with various facets of IT security such as the use of security software, deployment of data classification, preparation for privacy regulations, and the administration of employee security training. The following are some of the most interesting cybersecurity statistics we pulled from the results.
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How to Select Data Classification Levels for Your Business (With Template)

How to Select Data Classification Levels for Your Business (With Template)

By Gitanjali Maria and Zach Capers

Classifying data simplifies data security efforts and ensures that your employees know what information can be made public and what should stay internal.

However, a recent GetApp survey found that nearly half of all businesses allow employees to access more data than is necessary for their jobs. In fact, 12% of businesses reported that employees have access to all company data.

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Record GDPR Fine Takes Flight—British Airways Faces $230 Million Penalty

Record GDPR Fine Takes Flight—British Airways Faces $230 Million Penalty

NOTE: This document, while intended to inform our clients about the current data privacy and security challenges experienced by IT companies in the global marketplace, is in no way intended to provide legal advice or to endorse a specific course of action. For advice on your specific situation, consult your legal counsel.

A record $230 million GDPR fine against International Airlines Group—the parent company of British Airways—was announced today by the U.K.’s Information Commissioner’s Office (ICO). The fine stems from the airline’s massive data breach last year, which exposed the records of more than 500,000 customers who made payments through the company’s website and mobile app.

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Why Ransomware Encrypted Baltimore’s Systems and How It Could Have Been Prevented

Why Ransomware Encrypted Baltimore’s Systems and How It Could Have Been Prevented

Since early May, the city of Baltimore has been under siege by ransomware. The offending ransomware, called Robinhood, has encrypted data needed to perform several city services, and its creators are demanding a payment of 13 Bitcoins—about $113,000—to restore the city’s files.

Ransomware attacks on cities have been increasing around the country. For example, in March 2018, Atlanta was compromised by a ransomware attack that ended up costing taxpayers millions of dollars.

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