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Chuck Brooks, President of Brooks Consulting International, and Adjunct Faculty at Georgetown University. The global cost of one breach is now $4.35 million, up 2.6% from last year. Some other key takeaways from the Identity Theft Research Centers thrid-quarter report: Supply chain attacks made a comeback in the third quarter, with the number of impacted entities increasing by 250 percent compared with earlier quarters. He also hosts FTW with Imad Khan, an esports news podcast in association with Dot Esports. Shein Data Breach: Fashion brand Shein's parent company Zoetop has been fined $1.9 million for its handling of a data breach back in 2018, one which exposed the personal information of over 39 million customers that had made accounts with the clothing brand. The average cost of a mega-breach in 2021 was $401 million for the largest breaches (50 - 65 million records), an increase from $392 million in 2020 (IBM). LastPass: DevOps engineer hacked to steal password vault data in 2022 breach Microsoft fixes bug offering Windows 11 upgrades to unsupported PCs U.S. Invest in Robust Cloud Security Solutions Today ! T-Mobile Data Breach: T-Mobile has suffered another data breach, this time affecting around 37 million postpaid and prepaid customers who've all had their data accessed by hackers. Additionally, the lawsuit also brings up issues of stored data involving incognito mode activities. Google Chrome Extension Privacy Breach - Explained (2023) - PUREVPN Cost Rican Government:In one of the most high-profile cyberattacks of the year, the Costa Rican government which was forced to declare a state of emergency was hacked by the Conti ransomware gang. Shortening the time it takes to identify and contain a data breach to 200 days or less can save money. Some companies and organizations like Lincoln College have had to shut down due to the fallout costs of a cyberattack. Although the breach occurred in early December 2022, the company has only recently revealed this to the public. The misconfiguration of the Azure Blob Storage was spotted on September 24, 2022, by cybersecurity company SOCRadar, which termed the leak BlueBleed. Cybersecurity in 2022 - A Fresh Look at Some Very Alarming Stats - Forbes Samsung is contacting everyone whose data was compromised during the breach via email. The company assured customers that there was no danger of financial data such as credit card information, nor names or telephone numbers, having been breached.