The departing year saw an increase in criminal activity online despite the fact that share of IT budgets dedicated to cybersecurity grew by up to 29%.

Ranking Member Bob Menendez (D-N.J.) is calling on Secretary of State Mike Pompeo to provide the Senate Foreign Relations Committee details on the extent of the recent Russian-backed SolarWinds cyberattack targeting the State Department along with other federal agencies.

Besides leading in the average cost of a data breach, the health care industry also had the highest average time to identify a violation of 329 days.

DivvyCloud released its 2020 Cloud Misconfigurations Report, which substantiates the growing trend of data breaches caused by cloud misconfigurations and quantifies their impact on companies and consumers around the world.

In one of the most advanced financial services privacy breaches ever to occur in Australia, its largest bank lost control of 10 years’ worth of customers’ financial information when a subcontractor lost several tape drives containing banking statements from 2004 through 2014.