Average Cost of Data Breaches in India hits over USD 2 million; Phishing tops list of cyber threats
Because so many firms outsource to India, it is interesting to note the average cost of a data breach in India may be less than in the U.S., but still significant. Financial Express Online reports: According to a report from the Reserve Bank of India (RBI) released on Monday, the average cost of a data […]

AT&T Allegedly Pays Ransom After Snowflake Account Breach
“What will it take for victims of ransomware, extortion and other types of cybercrime to stop directly funding their attackers?” That’s the great question posed by BankInfoSecurity after WIRED reported AT&T paid hackers $370,000 to delete the data they had stolen. BankinfoSecurity reports: How many of the approximately 165 victims of the campaign targeting Snowflake […]