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Cyber security breach meaning
Cyber security breach meaning












cyber security breach meaning

Payment fraud is an attempt to create false or illegal transactions. They might be motivated by financial gain, commercially valuable information, or a desire for revenge. Insider threats include disgruntled employees, former employees who still retain credentials to sensitive systems, or business partners. The following are common causes of information leaks at organizations. Reduced trust by customers and partners.The immediate business costs of a breach include:ĭata breaches also have indirect, long term costs: The cost of a data breach can be devastating for organizations-in 2017, the average data breach cost its victim $3.5 million. Vulnerable and sensitive information (usually of military or political nature)-such as meeting recordings or protocols, agreements, classified documents.Intellectual property-such as patents, trade secrets, blueprints, customer lists, contracts.Personally Identifiable Information (PII)-information that can be used to identify, contact or locate a person.Medical or Personal Health Information (PHI)-as defined in the US HIPAA standard, “information that is created by a health care provider relates to the past, present, or future physical or mental health or condition of any individual”.Financial data-such as credit card numbers, bank details, tax forms, invoices, financial statements.Types of Information Leaked in a Data BreachĪ data breach can result in the leak of several types of information: As a result, the data might be lost, or used by perpetrators for various malicious purposes. In other words, in a data breach, hackers or employees release or leak sensitive data. In other cases, breaches incur complete loss of data-as in ransomware attacks, which involve hackers encrypting data to deny access by the data owner. Data breaches can occur as a result of a hacker attack, an inside job by individuals currently or previously employed by an organization, or unintentional loss or exposure of data.ĭata breaches can involve information leakage, also known as exfiltration-unauthorized copying or transmission of data, without affecting the source data.

cyber security breach meaning

A data breach or data leak is the release of sensitive, confidential or protected data to an untrusted environment.














Cyber security breach meaning