How 925,633,824 Vulnerable · 2020-06-16 · Password Safety Online Training te a password t is...
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Cybersecurity Infographic How Vulnerable are You? Source: Morrisons Loses Data Leak – BBC, 2018 In September of 2018, there is an estimated 925,633,824 records leaked as a result of data breaches and cyber attacks. Source: IT Governance UK - 2018 A data breach is the unauthorised access of private or confidential information. £3.05m 25,575 Expensive Healthcare In 2019, IBM estimates each breach to cost businesses an average of £3.05m. The average size of a data breach is 25,575 records. The Healthcare industry is most expensive industry affected by data breaches. Source: The 2019 Cost of a Data Breach Report – IBM, 2019 GDPR Penalties and Fines On top of that, non-compliant organisations risk facing up to a £17 million fine or 4% of a company’s annual global turnover –whichever is greater. Source: Data Breach Penalties – GDPR What is the Impact of a Data Breach? In the long term, breached companies underperformed in the market. -3.7% -11.35% -15.58% Year 1 Share price grew 8.53% on average, but underperformed the NASDAQ by -3.7%. Year 2 Average share price rose 17.78%, but underperformed the NASDAQ by -11.35%. Year 3+ Average share price is up by 28.71% but down against the NASDAQ by -15.58%. Source: How data breaches affect stock market share prices, Comparitech, 2019 What is an Example of a Data Breach? Here are examples of data leaks and how it impacted the company: Example 1: The Morrisons case is the first data leak class action in the UK. Lost High Court challenge, ruling them liable for a data breach that saw thousands of its employees'details posted online. Staff claimed against company after employee Andrew Skelton stole data including nearly 100,000 salary and bank details. Loses Data Leak Challenge Example 2: The Equifax case shows how an attack can lead to loss of jobs. Data breach of one of the largest credit bureaus in U.S. that exposed a total of 147.9 million consumers. "Criminals exploited a website application's vulnerability to gain access to certain files", according to Equifax. Equifax Hack Shortly after the announcement, the CSO, CIO, and CEO “retired” from the company. Source: 8 Security Breaches that got Someone Fired – CSO Online, 2007 Example 3: TalkTalk second breach was the result of poor data handling. Second Data Breach Fine Data breach exposed details of 21,000 people, it was accessed by three accounts at Wipro, an IT services company in India. The Information Commissioner’s Office (ICO), the UK’s data privacy watchdog, fined TalkTalk £100,000. “Failed to look after its customers’ data and risked it falling into the hands of scammers” said ICO about TalkTalk. Source: TalkTalk fined for data breach of 21,000 customers – FT, 2017 What Causes Data Breaches? 63% 89% of confirmed data breaches involved using weak, default or stolen passwords. of breaches had a financial or espionage motive. Source: Date Breach Investigations Report - Stanford, 2016 Why Do People Create Weak Passwords? Because they have not been trained. The Choice of Cyber Security Training is Huge! They did not aim to change people’s behaviours. HFG had done their market research... ...and concluded that what they wanted did not exist. The problems with the current products available on the market were: They were too complex to manage. They tried to do too much at once. In order to market this product Hilton Foods needed a partner that understood how people learn and could bring that best practice to the world of cyber security. They chose MBM. MBM is a Company that Understands How People Learn OR You could choose a company that understands security and then tries to apply it to learning. You could choose a company that understands learning and then helps your Learners to understand the importance of security. Our advantage? Sticky Learning ® We know how to make learning stick. That’s what we do. We then hired Cyber Security experts to help us understand your challenges. MBM’s Cyber Security Password Safety Online Training Create a password that is strong enough… …to not be hacked in under 12 months. This can be achieved in less than 30 minutes of learning time. Schedule a 15 min Demo Let us take you through the product and then decide for yourself… https://www.makingbusinessmatter.co.uk/e-learning/password-safety/ We are the soft skills training provider to the UK Grocery Industry, helping Suppliers to win more business. They choose us because of our money back guarantee, our relevant experience, and because we make their learning stick. Click on any section to find out more. Making Business Matter Trainers to the UK Grocery Industry 80% of our Learners are still using their new skill 5 months later - we guarantee it!
Transcript of How 925,633,824 Vulnerable · 2020-06-16 · Password Safety Online Training te a password t is...
CybersecurityInfographic
HowVulnerable
are You?
Source: Morrisons Loses Data Leak – BBC, 2018
We are the soft skills training provider to the UK Grocery Industry, helping Suppliers to win more business. They choose us because of our money back guarantee, our relevant experience, and because we make their learning stick.
makingbusinessmatter.co.uk
Click on any section to find out more.
In September of 2018, there is an estimated
925,633,824records leaked as a
result of data breaches and cyber attacks.
Source: IT Governance UK - 2018
A data breach is the unauthorised access of private or confidential information.
£3.05m 25,575 ExpensiveHealthcare
In 2019, IBM estimates each breach to cost businesses
an average of £3.05m.
The average sizeof a data breach
is 25,575 records.
The Healthcare industryis most expensive industrya�ected by data breaches.
Sou
rce
: Th
e 2
019
Co
st o
f a
Dat
a B
reac
h R
ep
ort
– IB
M, 2
019
GDPR Penaltiesand Fines
On top of that, non-compliant organisations risk facing up to a
£17 million fineor 4% of a company’s annual global
turnover –whichever is greater.Source: Data Breach Penalties – GDPR
What is the Impactof a Data Breach?
In the long term, breachedcompanies underperformed
in the market.
-3.7%-11.35%
-15.58%Year 1
Share price grew 8.53% on average,
but underperformedthe NASDAQ by
-3.7%.
Year 2
Average share pricerose 17.78%, but
underperformed theNASDAQ by -11.35%.
Year 3+
Average share priceis up by 28.71% butdown against the
NASDAQ by -15.58%.Source: How data breaches a�ect stock market share prices, Comparitech, 2019
What is an Example of a Data Breach?Here are examples of data leaks and how it impacted the company:
Example 1: The Morrisons case is the first data leak class action in the UK.
Lost High Court challenge, ruling them liable for a data breachthat saw thousands of its employees'details posted online.
Sta� claimed against company after employee Andrew Skelton stole data including nearly 100,000 salary and bank details.
Loses DataLeak Challenge
Example 2: The Equifax case shows how an attack can lead to loss of jobs.
Data breach of one of the largest credit bureaus in U.S. that exposed a total of 147.9 million consumers.
"Criminals exploited a website application's vulnerability togain access to certain files", according to Equifax.
EquifaxHackShortly after the announcement, the CSO, CIO, and CEO
“retired” from the company.
Source: 8 Security Breaches that got Someone Fired – CSO Online, 2007
Example 3: TalkTalk second breach was the result of poor data handling.
Second DataBreach Fine
Data breach exposed details of 21,000 people, it was accessed by three accounts at Wipro, an IT services company in India.
The Information Commissioner’s O£ce (ICO), the UK’s dataprivacy watchdog, fined TalkTalk £100,000.
“Failed to look after its customers’ data and risked it fallinginto the hands of scammers” said ICO about TalkTalk.
Source: TalkTalk fined for data breach of 21,000 customers – FT, 2017
What CausesData Breaches?
63%
89%
of confirmed data breaches involved using weak, default or stolen passwords.
of breaches had a financial or espionage motive.
Source: Date Breach Investigations Report - Stanford, 2016
Why Do People Create Weak Passwords?
Because they have not been trained.
The Choice of CyberSecurity Training is
Huge!
They did notaim to change
people’sbehaviours.
HFG haddone their
marketresearch...
...and concluded that whatthey wanted did not exist.The problems with the current products available on the market were:
They were toocomplex to
manage.
They tried todo too much at
once.
In order to market this product Hilton Foods needed a partner that understood how people learn and could
bring that best practice to the world of cyber security. They chose MBM.
MBM is a Company that UnderstandsHow People Learn
ORYou could choose
a company thatunderstands security
and then tries to applyit to learning.
You could choose a companythat understands learning
and then helps yourLearners to understand
the importance of security.
Our advantage? Sticky Learning ®We know how to make learning stick. That’s what we do. We then hired Cyber Security experts to help us
understand your challenges.
MBM’s Cyber SecurityPassword SafetyOnline Training
Create apasswordthat isstrongenough…
…to not be hacked inunder 12 months.
This can be achieved in
less than 30 minutesof learning time.
Schedule a
15 minDemo
Let ustake you through
the product and thendecide for yourself…
https://www.makingbusinessmatter.co.uk/e-learning/password-safety/
We are the soft skills training provider to the UK Grocery Industry, helping Suppliers to win more business. They choose us because of our money back guarantee, our relevant experience, and because we make their learning stick.
Click on any section to find out more.Making Business Matter
Trainers to the UK Grocery Industry80% of our Learners are still using theirnew skill 5 months later - we guarantee it!
