Navigation Links
High Bit Security: 2/3 of All Data Breaches Preventable With Proactive Security Testing, New Ponemon Institute Study Documents Breach Causes and Costs
Date:6/12/2013

Rochester MI (PRWEB) June 12, 2013

“The ‘gold standard’ for source and cost of data breach information has been Traverse City Michigan’s Ponemon Institute for the last 8 years,” said Barbara Goushaw, Chief Business Development Officer for High Bit Security. “This year’s study dramatically illustrates that companies who take proper precautions can eliminate or mitigate the devastating costs of a data breach.”

Each year, Ponemon Institute researchers interview a significant number of companies across multiple sectors that have experienced a data breach in the last 12 months. For the first time malicious and criminal attacks take the lead as the number one source of data breach (41%) followed by human error (33%) and system glitches (26%). Further, the study showed that breaches as a result of malicious attacks cost $277.00 per record, system glitches cost $174.00 per record, and human error cost $159.00 per record. The study also provided breach costs across multiple different sectors. Healthcare topped the list at $305.00 per breached record with financial a close second at $254.00 per record.

“Proactive security (penetration) testing will identify the vast majority of the issues that leave a company vulnerable to both malicious attacks and system glitches,” said High Bit Security COO, Adam Goslin. “The study found that in 2012, malicious and criminal attacks increased 37% over the previous year. Penetration testing will identify the security holes a malicious attacker would otherwise exploit, allowing the company to address the issues before becoming a victim.”

40% of the breaches were caused by a third party: vendors, outsourced service, or business partners. “Partner organizations who fail to secure the primary company’s data is a huge problem,” continued Goslin. “Corporations need to do their due diligence on suppliers and partners – anyone who may have access or be linked to their records or intellectual property. Cyber criminals will seek out these partner organizations - they are often as lucrative to attack as the primary target. Hackers will use these third parties as an entry point to the primary target. We recommend and perform full vendor assessments, security audits and penetration testing for partner organizations.”

Third party security consulting and proactive security stance were cited as the most effective way organizations can reduce the cost of remediating a breach. “We have worked with clients and performed post breach testing, but we prefer to work with clients before they have an issue,” said Goushaw. “Taking a proactive security testing stance, testing systems and applications then eliminating vulnerabilities as preventive measure, costs a fraction of the expense of remediating a breach.”

About High Bit Security: High Bit Security is a national security services provider, providing penetration testing solutions to clients who need to protect sensitive data in industries such as Healthcare, Credit Card, Financial, or companies that otherwise store Intellectual Property or Personally Identifiable Information. High Bit Security also provides security consulting services to our clients to assist them with their compliance objectives across PCI-DSS, PA-DSS, HIPAA, SSAE-16 evaluations or wish to perform a security best practices audit of their organization. Contact High Bit Security today for a free consultation to take steps toward protecting your sensitive information. http://www.HighBitSecurity.com 800-757-3144

Read the full story at http://www.prweb.com/releases/2013/6/prweb10821268.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. A-lign CPAs and A-lign Security: A Year in Review
2. Zamansky & Associates LLC Investigates Chemed Corporation For Possible Securities Law Violations And Breaches Of Fiduciary Duties To Shareholders
3. Hemorrhoids Are Common, Preventable and Treatable
4. Preventable Surgical Errors Continue to Occur: Study
5. Genital Injuries Common But Preventable, Researchers Say
6. US performs worst on potentially preventable death rates compared to France, Germany, and the UK
7. ACP joins Million Hearts to help save lives from preventable heart attacks and strokes
8. Dr. Andrew Cohen of ProActive Chiropractic Recaps the 2013 Chiropractic Sports Sciences Symposium
9. ProActive Chiropractic Volunteering at the Susan G. Komen Breast Cancer Walk
10. Diabetes Support Supplements, a Product from ProactiveLife Celebrates First Year Launch
11. SingleSource Background Screening Company Calls On Adults To Take Proactive Approach To Stop Child Sexual Abuse
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/18/2019)... ... July 18, 2019 , ... We are ... 2019 Texas Monthly Super Doctor Rising Star ! Each year, Texas ... would trust for their own medical care. The Super Doctors research team then ...
(Date:7/17/2019)... ... July 17, 2019 , ... The ... online Family Nurse Practitioner program. The honor is given to distance learning courses ... , The Catalyst Awards honor institutions from around the world that produce exemplary ...
(Date:7/17/2019)... Ontario (PRWEB) , ... July 17, 2019 , ... ... management software and client engagement options for human services providers worldwide, has been ... , The CMAS program streamlines the procurement process for state and local government ...
(Date:7/17/2019)... , ... July 16, 2019 , ... A medical home ... is a need is key to better care for seniors. While this may not ... Angeles Jewish Home (LAJH) through its Brandman Research Institute (BRI) uncovered several surprising outcomes ...
(Date:7/13/2019)... ... July 12, 2019 , ... The Oncology Institute ... office is located at 5380 S. Rainbow Blvd., Suite 210, Las Vegas, NV ... cancer center is equipped with state-of-the-art medical equipment plus all of the top-notch ...
Breaking Medicine News(10 mins):
(Date:7/17/2019)... ... ... year in a row, Astro Pak is honored to be named a Best Place to ... is the second largest business journal in California. In 2018, Astro Pak first received the ... place in the medium size employer category. For this year, Astro Pak received the award ...
(Date:7/17/2019)... ... July 17, 2019 , ... As part of continuing efforts to ... added the Medtronic O-arm® Mobile Surgical Imaging System to lessen radiation exposure and improve ... Minimally Invasive Brain and Spine Center at Mercy has announced. , The O-arm ...
(Date:7/13/2019)... ... July 12, 2019 , ... Dickinson ... to address the critical business and legal issues facing the ever-changing health care ... a highly-focused group combining the experience of its health care and restructuring/bankruptcy attorneys ...
Breaking Medicine Technology: