data breach

Ransomware is now responsible for more data leaks than data breaches

In this report from the Acronis Cyber Protection Operation Center (CPOC), we assess a recent spike in ransomware attacks and take a deep dive into how cybercriminals have adapted their techniques and technologies to profit from stolen data whether their ransom is paid or not. Learn more about how modern ransomware attacks infiltrate networks and sell the data they collect to the highest bidder on a growing number of data leak sites.

National Cybersecurity Awareness Month

October is a month dedicated to many worthy causes, including breast cancer awareness, bullying prevention, arts and humanities, and (ahem) pizza. It’s also National Cyber Security Awareness Month (NCSAM).

Here at Acronis, every month is cybersecurity awareness month, but in the interest of promoting this worthy campaign, we’d like to note a few recent cybercrime trends and offer some best practices for protecting yourself from them.

British Airways Hit with GDPR Fine

The kaboom you heard earlier this week was the United Kingdom’s Information Commissioner’s Office (ICO)  laying the hammer on British Airways in the form of a ₤183.39 M ($230M) fine for its failure to prevent a 2018 data breach that disclosed sensitive data on over half a million BA customers.

It’s exactly the kind of disaster that BA could have avoided had it heeded our advice early last year: “Get moving fast to improve cyber protection and privacy for your customers’ sensitive data. It won’t be long before national regulatory agencies start levying massive fines on well-known companies that fail to do so.

CEOs can lose their job over IT issues

Nearly every week during the past few years has featured a headline about the latest data breach, malware attack, ransomware demand, or unrecoverable corporate data loss. Those stories are frequently followed by news that the CEOs at those high-profile companies were forced to resign.

Security concerns have become a critical business problem, yet they are still handled as a technical problem – mainly by IT departments. Thankfully, many organizations have started bringing together IT executives and non-IT leadership together to reshape their approach towards security concerns.

CEOs need to know what they should worry about when it comes to protecting the company’s data against cybercriminals and malware – and there are plenty of high-profile examples they can learn from.