Costs just keep on rising – and data breaches are no exception

The market researchers at the renowned Ponemon Institute have once again been commissioned by IBM to gather and analyze substantial amounts of data regarding the cost of data breaches and leaks for their 2023 report. This time round, the data protection breaches examined in the report were drawn from 16 countries and 17 different sectors.

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Max Schrems shoots down new transatlantic data privacy treaty

This week, the European Commission adopted a new adequacy decision for the EU-US Data Privacy Framework. Max Schrems, the influential Austrian lawyer and data privacy activist who already successfully had the two previous incarnations of the treaty overturned by the European Court of Justice (CJEU), nevertheless sees the new treaty as little more than a copy of the failed “Privacy Shield”.

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Current Cybercrime Trends and Figures

US telecommunications conglomerate Verizon recently published the 16th edition of its annual Data Breach Intelligence Report (DBIR), which includes input from numerous companies and organizations around the world in addition to Verizon’s own data. The report takes into account around 16,000 incidents, of which 5,200 are classified as confirmed security breaches.

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