State of Cybersecurity 2021, Part 2: Threat Landscape, Security Operations and Cybersecurity Maturity reports the results of the annual ISACA global State of Cybersecurity Survey, conducted in the fourth quarter of 2020. Part 2 focuses on the threat landscape, the impact of the COVID-19 pandemic on security programs and the challenges of assessing cybersecurity maturity. The survey findings reinforce past reporting and, in certain instances, mirror prior-year data, despite new challenges that enterprises face amidst the ongoing global pandemic and opportunistic threat actors.
Data-driven products and services are often marketed with the potential to save users time and money or even lead to better health and well-being. Still, large shares of U.S. adults are not convinced they benefit from this system of widespread data gathering. Some 81% of the public say that the potential risks they face because of data collection by companies outweigh the benefits, and 66% say the same about government data collection. At the same time, a majority of Americans report being concerned about the way their data is being used by companies (79%) or the government (64%). Most also feel they have little or no control over how these entities use their personal information, according to a new survey of U.S. adults by Pew Research Center that explores how Americans feel about the state of privacy in the nation.
The State of Breach Protection 2020 (Global Survey and Industry Report)
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Compromised Credentials a Growing RiskThe report also shed light on a growing problem in which consumer data (including credentials) is being compromised in data breaches, which can then be used to propagate further attacks. With 82% of individuals surveyed admitting they reuse passwords across accounts, compromised credentials represent both a leading cause and effect of data breaches, creating a compounding risk for businesses.
Methodology and Additional Data Breach StatisticsThe 2021 Cost of a Data Breach Report from IBM Security and Ponemon Institute is based on in-depth analysis of real-world data breaches of 100,000 records or less, experienced by over 500 organizations worldwide between May 2020 and March 2021. The report takes into account hundreds of cost factors involved in data breach incidents, from legal, regulatory and technical activities to loss of brand equity, customers, and employee productivity.
1 IBM Institute for Business Value: COVID-19 and the future of business 2 Average cost of $4.96 million for those surveyed where remote work was a factor vs. $3.89 million when remote work was not a factor3 The 2021 Cost of a Data Breach Report examines the cost of a mega breach based on a separate analysis of a specific sample involving loss or theft of one million records or more. The mega breach sample is not included in the overall average data breach report calculations, which examines data breaches ranging from 1,000-100,000 records.
Anti-trafficking actors experienced an all-around decrease in resources and operations. NGOs from various countries separately reported significant funding cuts due to COVID-19, which forced some to halt all assistance or cancel certain victim-support services. In 2019, official development assistance (ODA) made up one-tenth of external financial flows to developing countries, according to the OECD, which further predicted a decline of up to 8 percent in 2020 due to the impacts of COVID-19 on economies. In the first seven months of the pandemic, the International Aid Transparency Initiative noted a reduction of 17 percent in bilateral donor commitments between 2019 and 2020, which included a five percent decline in ODA. Within this decrease in obligated funds, donors shifted support to humanitarian and health sectors, consequently resulting in lower commitments to prevent conflict and support peace, security, and human rights. This has had cascading effects for local anti-trafficking organizations and their efforts, as many donors reneged on promised funds and funding opportunities diminished across the sector. According to the joint survey by OSCE and UN Women, only 24 percent of the 385 anti-trafficking organizations that responded to the survey could remain fully operational during the pandemic.
Public statements by government officials against the unlawful recruitment and use of child soldiers and improvements in reporting, prevention, and protection mechanisms demonstrate that even with its limited capacity the Government of Yemen continues to address the issue. Significant additional work remains to eradicate this practice across Yemen. The most durable solution to the unlawful recruitment and use of child soldiers will be a political solution that ends the conflict.
NOTES: Local currencies have been converted to U.S. dollars ($) using the currency exchange rates reported by the U.S. Department of the Treasury on December 31, 2020. The rates can be found here: -statements/treasury-reporting-rates-exchange/treasury-reporting-rates-of-exchange-as-of-december-31-2020-with-amendments.xlsx
Nearly half (49%) of IT executives said their top security priority is the protection of sensitive data, according to the 2020 IDG Security Priorities Study, which surveyed 522 IT and security executives.
According to the State of the Internet / Security report for 2021, Akamai observed 6.3 billion web attacks worldwide in 2020; 12% of them are in the financial services industry alone [20]. The most common type of web attack targeting financial services was Local File Inclusion (52%), followed by SQL Injection (33%) and Cross-Site Scripting (9%) [20].
Audits are primarily a compliance improvement activity. OCR will review and analyze information from the final reports. The aggregated results of the audits will enable OCR to better understand compliance efforts with particular aspects of the HIPAA Rules. Generally, OCR will use the audit reports to determine what types of technical assistance should be developed and what types of corrective action would be most helpful. Through the information gleaned from the audits, OCR will develop tools and guidance to assist the industry in compliance self-evaluation and in preventing breaches.
Establishes a framework for controlling and processing personal data in the Commonwealth. The law applies to all persons that conduct business in the Commonwealth and either (i) control or process personal data of at least 100,000 consumers or (ii) derive over 50 percent of gross revenue from the sale of personal data and control or process personal data of at least 25,000 consumers. The law outlines responsibilities and privacy protection standards for data controllers and processors. The bill does not apply to state or local governmental entities and contains exceptions for certain types of data and information governed by federal law. The law grants consumer rights to access, correct, delete, obtain a copy of personal data, and to opt-out of the processing of personal data for the purposes of targeted advertising. The law provides that the Attorney General has exclusive authority to enforce violations of the law, and the Consumer Privacy Fund is created to support this effort. The law directs the Joint Commission on Technology and Science to establish a workgroup to review the provisions of this act and issues related to its implementation and to report on its findings by November 1, 2021. The effective date is January 1, 2023. 2ff7e9595c
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