Businesses are deprioritizing information security and decreasing their investment in the destruction of confidential information, according to Shred-it.
The average consolidated total cost of a data breach increased 15 percent in the last year to $3.5 million, say the results of Ponemon Institute's ninth annual Cost of Data Breach Study: Global Analysis report (registration required).
Consumers avoid doing business with a breached organization at an alarming rate, according to a new study commissioned by Identity Finder, the results of which were revealed at Infosecurity Europe 2014.
In the wake of the recent discoveries of the Heartbleed OpenSSL bug and the SSL "gotofail" bug, Mozilla has announced a new and topical bug bounty program: it offers $10,000 to any researcher that discovers and responsibly reports critical security flaws in a new certificate verification library that will soon be implemented in the company's products.
Mark Brown is the Director of Information Security at EY.