The Decade in Vulnerabilities and Why They Persist
Source: Data Breach Today
Despite 'Patch or Perish' Problem, Bugs Rarely Burn Out, Instead Slowly Fading Away. Here's a cybersecurity truism: Big, bad bugs never burn out. They slowly fade away - despite the risk that attackers will exploit them to steal data, seize control of systems or deploy ransomware.
Cyber Incident Cost $100 Million, Tenet Healthcare Reports
Source: Healthcare Info Security
SEC Filing Reveals Financial Toll of Recent Disruptive Security Event. It's not just the incident: It's also the business interruption and the cost to recuperate that makes a cyber incident so disruptive to healthcare delivery organizations. Tenet Healthcare in a report filed Thursday with the Securities and Exchange Commission disclosed an April cyber incident that temporarily disrupted a subset of the company's acute care operations, causing an estimated $100 million "unfavorable impact" on the organization's second quarter.
US Credit Unions to Come Under Cyber Incident Reporting Rule
Source: Data Breach Today
Proposed Rule Asks for Incident Data From Third-Party Data Processors. U.S. federal credit union regulators plan to impose new cybersecurity incident reporting requirements, including a duty to relay reports of cyber incidents experienced by third-party vendors.
The Growing Cost of Data Breaches, Especially in Healthcare
Source: Data Breach Today
Healthcare data breaches cost on average about $10.1 million per incident, more than double the average cost of breaches across other industries. That figure ranks healthcare as the sector with the most expensive data breaches, says Limor Kessem, principal consultant of cyber crisis management at IBM Security.