Preview

Security Breaches in Europe

Good Essays
Open Document
Open Document
385 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Security Breaches in Europe
Discuss trends in security breaches in Europe
In the past recent years cyber security breaches have cost many businesses in Europe big money as well as damaging competitiveness and reputations. Cyber security incidents have cost more 935 million euros a year. This rises to closet to 4.1 billion when you include data loss, hardware, and software failure. According to the latest research from the European Union Agency for Networks and Information Security here are some of the top five threats European companies must battle to protect from.
Dive-by downloads, malicious code-worms and Trojans, both are considered top emerging threats to mobile computing in the European continent. Code injections this form of attach in currently on the rise due to proliferation of automated attack tools. This type of attack is mostly directed to management systems and targeted by cyber criminals. Moreover large scale automated attacks have become increasingly used to attack cloud computing service networks. Exploit kits according to the ENISA these kits are considered to be the biggest arsenal tool for cyber criminals to infiltrate network systems and commit cybercrimes. Botnets are threats that many companies have to fight and protect them self from these particular threat controls computers often without users being aware that their systems have been compromised. For Europe the threat is constantly evolving, which is why it is critical for companies to implement multilayer security that goes beyond tools and technology to prevent cyber criminals from infiltrating secured information.
How many incidents were in the past 12 months?
Some 229 data breach incidents involving the loss of exposure of digital personal data. Data containing privileged information that otherwise would not be me available to the public. These incidents have cost the reputation and millions of euros to companies within the 28 European state members; including Norway and Switzerland. These incidents have

You May Also Find These Documents Helpful

  • Satisfactory Essays

    * Tends to increase in countries experiencing rapid growth in broadband infrastructure and connectivity, , readily available malicious code kits are making it simple for attackers to mount attacks, the online underground economy and malicious activity are benefiting from the downturn in the global economy.…

    • 275 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    In this article, the authors not only cite the article by A. Fishman and M. Marquis-Boire but also used their own thoughts to make their story effectively “Cyanogen Mod is an open-source firmware distribution based on Android that lets users install apps without granting all requested permissions.” and “Blackphone has an OS that is based on a fork of Android. / Despite the Blackphone’s focus on security, a data-type confusion vulnerability in its code was disclosed and fixed in January 2015. The vulnerability could have allowed remote attackers to execute arbitrary code on Blackphones.” (3), these stories will cause attention to the readers…

    • 143 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Verizon business researched and reported in 2009 a case study involving data breaches in secured network. Within their findings, they summarize the threats, which industry, and which records are the most popular. The report fist showed that a percentage of the hacking from outside sources came from the European Union, and the most popular info being stolen was financial and retail goods.…

    • 286 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    While the effects of one of these attacks is realized at a much higher price point for larger businesses, smaller companies are actually targeted more often because of their lack of security infrastructures and data monitoring systems. In fact, Horton claims that more than 90% of data breaches affect small businesses. (Horton, 2014) These startling numbers leave many small business owners wondering what they can do to reduce the risk associated with cyber-attacks.…

    • 499 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The last few years have been marked by numerous malicious applications that have increasingly targeted online activities. As the number of online activities continues to grow strong, ease of Internet use and increasing use base has perfected the criminal targets. Therefore, attacks on numerous users can be achieved at a single click. The methods utilized in breaching Internet security vary. However, these methods have increasingly become complicated and sophisticated over time. With the increase in threat levels, stronger legislations are being increasingly issued to prevent further attacks.…

    • 1097 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Cyber space is any area where data and information is electronically stored or filtered through that can be accessed via a variety of networks, programs, and systems. Cyber is all measures put in place to ensure appropriate use and protection for that information. It is important for organizations to ensure their networks and components within those networks are secure. Each connection to the internet, and each user of the network is a vulnerability to that network. In today’s economy with corporate scandals, government crackdowns, financial cutbacks, and new implementation of policy the single most important vulnerability facing IT managers today is the idea of bring your own device (BYOD).…

    • 1208 Words
    • 5 Pages
    Better Essays
  • Good Essays

    It/205 Dq 1

    • 369 Words
    • 2 Pages

    Organizations must ensure the security and control of systems and transactions with clients and vendors. What security breaches may cause harm to an organization or its clients? Why is it important to ensure a proper level of security? What tools are available to prevent breaches?…

    • 369 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Unit 8 Assignment 1

    • 233 Words
    • 3 Pages

    To complete this assignment, you need to access the recent case study by Verizon on data breaches, which is available at the following link:…

    • 233 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    IS 4560 Week 1

    • 309 Words
    • 2 Pages

    Bot-infected computers - Bots allow for a wide range of functionality and most can be updated to assume increased functionality by downloading new code and features. Attackers can use bots to perform a variety of tasks, such as setting up denial-of-service (DoS) attacks against an organization’s website, distributing spam and phishing attacks, distributing spyware and adware, propagating malicious code, and harvesting confidential information that may be used in identity theft from compromised computers—all of which can lead to serious financial and legal consequences. Attackers favor bot-infected computers with a decentralized C&C model because they are difficult to disable and allow the attackers to hide in plain sight among the massive amounts of unrelated traffic occurring over the same…

    • 309 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Data Breach Research Paper

    • 4412 Words
    • 18 Pages

    Numerous data breaches and computer intrusions have been disclosed by the nation’s largest data brokers, retailers, educational institutions, government agencies, health care entities, financial institutions, and Internet businesses. A data breach may occur when there is a loss or theft of, or other unauthorized access to, data containing sensitive personal information that results in the potential compromise of the confidentiality or integrity of data. Sensitive personal information generally includes an individual’s name, address, or telephone number, in conjunction with the individual’s Social Security number, driver’s license number, account number, credit or debit card number, or a personal identification number or password. Breach notification laws enacted by many states require the disclosure of security breaches involving sensitive personal information (Stevens, 2008).…

    • 4412 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Despite the fact that there are numerous state and federal reporting agencies, an incredible amount of businesses and regular personal computer users do not report incidents. Among businesses, specifically, ninety percent of cyber crime goes unreported while only two percent of those that are reported end in a conviction. Because businesses have so much of the population 's personal information, and their validity depends on the consumer 's ability to depend on and trust the business, the businesses find a larger risk in revealing that their computer systems are susceptible breaching than the actual loss from a cyber attack. Succinctly, the economic loss from consumer 's mistrust would create a financial loss more damaging than the cyber attack…

    • 1568 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Security Breach

    • 856 Words
    • 3 Pages

    On October 3, 2013, The Adobe Systems Incorporated in the United States of America discovered that there was a cyber-attack on their network during its regular monitoring of security check. The hackers made it through breaking in to the network and stole the sensitive and personal data of the customers which includes encrypted credit and debit card information, illegal access of customer ID 's and also source code of other various Adobe products like Adobe Acrobat and ColdFusion, ColdFusion Builder. On the companies saying that the hackers got access to the encrypted customers passwords and debit and credit card numbers too. There is also a huge loss of data occurred during this data breach which impacted immense number of people internally and externally.[1][2][3]…

    • 856 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bullying changes a lot of people for the better or worse, it has changed me in a way I…

    • 625 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The UN Convention on the rights of the child article 28 says that ''Every child has the right to an education'' article 2 says'' The convention applies to every child whatever their ethnicity, gender, religion, abilities, whatever they think or say, no matter what type of family they come from''. Schools have a duty to adhere to this legislation, they way that they do this is by adopting anti-discriminatory and inclusive practices. In order for us to promote these practices we must firstly understand how they impact on children and young people and what would happen if we did not promote them.…

    • 1033 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Case Study 4

    • 1722 Words
    • 6 Pages

    The Flayton Electronics security breach had brought with it many risks and opportunity since the time that it was breached. There have been many issues and speculations on what and how the incident has brought about. In conclusion to part four of this assignment, a few recommendation have been made in order to address the data breached, one of the first recommendation was to perform a series of investigation and analysis about the risks, creating a plan to cover the risks from the incident to become much larger threads. As following the line of thinking from the other three prior assignments, there are several risks that have been identified in regards to the Flayton Electronics security breach incident. The top risks identified were communication incident, lack of infrastructure to keep up with company’s fast growth, need to educate employees in the event of another similar problem happen again, the restructure the IT security so customer information are more protected, and the political risks as the electronics company is risking law suits against the company if the customers are to find out about the stole data. Furthermore, the company is working closely with the FBI and secret service who have advised them to not communicate the breach to any of their customers (McNulty, 2007).…

    • 1722 Words
    • 6 Pages
    Best Essays