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10 years in review: Cost of a Data Breach

11

Oct

2023

Today, the pace of world change astounds us, and cybersecurity reflects that, unlike any other industry. The data from the last decade tells us an amazing — and sometimes troubling — story. In 2014, the average cost of a data breach was $3.5 million. Today, the average cost of a data breach has surged nearly […]

Category Data loss Threats & Malware Written by Securityintelligence 0 Comments

MGM Resorts Expects $100 Million Loss From Hack Attack

06

Oct

2023

Hotel and casino giant MGM Resorts says the recent hack attack against it cost $110 million in lost revenue and mitigation expenses. The publicly traded company expects to recoup losses and costs to date via cyber insurance. MGM Resorts said that while its investigation remains ongoing, it’s found that on Sept. 11, an attacker stole […]

Category Data loss Threats & Malware Written by Databreachtoday 0 Comments

Nonprofit Service Provider Blackbaud Settles Data Breach Case for $49.5M With States

06

Oct

2023

The fundraising software company Blackbaud agreed Thursday to pay $49.5 million to settle claims brought by the attorneys general of 49 states and Washington, D.C., related to a 2020 data breach that exposed sensitive information from 13,000 nonprofits. Health information, Social Security numbers and the financial information of donors or clients of the nonprofits, universities, […]

Category Data loss Threats & Malware Written by Securityweek 0 Comments

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10 years in review: Cost of a Data Breach

MGM Resorts Expects $100 Million Loss From Hack Attack

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