Two hackers have been indicted for their role in the AT&T and Ticketmaster data breaches.

That is the crux of the problem facing Americas small businesses and consumers: they may not think they’ll be targets of hackers looking for big scores… but all of them probably will be. It is just too easy and too lucrative for hackers to gather and utilize people’s personal information for anyone to be safe – including small enterprises with databases that seem at first blush to be of limited utility.

Reality check: hackers will always go after the weakest link. If they determine that the big guys have toughened up, they’re just going to go after easier targets, like small businesses.

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January 27, 2006 – Yesterday, the Federal Trade Commission announced that it had reached a settlement agreement to fine ChoicePoint $10 million. The fine is a result of two data breaches last year that exposed personally identifiable financial data of 160,000 consumers to identity thieves. The exposure led to more than 800 cases of identity theft.

NI is not currently in line to get one-off funding to cover the costs of the PSNI data breach.

Your Yahoo account may make you eligible for a settlement check. Here's what to know about the Yahoo data breach settlement.

The post Yahoo Data Breach Settlement: How to File a Claim & Get Paid appeared first on Clark Howard.

Some industries are more vulnerable to cyber threats hence facing a high risk of experiencing data breaches or other types of cyber attacks in the future.

Understanding and preparing for the potential long-tail costs of data breaches is crucial for businesses that aim to mitigate the impact of security incidents

As organizations create and store more data in the cloud, security teams must ensure the data is protected from cyberthreats. Learn more about what causes data breaches and about the best practices you can adopt to secure data stored in the cloud.

With the explosion of data being generated and stored in the cloud, hackers are creating new and innovative attack techniques to gain access to cloud environments and steal data. A review of recent major data breaches shows us that data thieves are using social engineering, hunting for exposed credentials, looking for unpatched vulnerabilities and misconfigurations and employing other sophisticated techniques to breach cloud environments.

A look at recent cloud data-breach trends

Here are some takeaways from major data breaches that have occurred this year:

• Managing the risk from your third-parties – partners, service providers, vendors – has always been critical. It’s even more so when these trusted organizations have access to your cloud environment and cloud data. You must make sure that your third-parties are using proper cloud-security protections to safeguard their access to your cloud data and to your cloud environment.
• Secure your identities. We’ve seen major data breaches this year tracked down to simple missteps like failing to protect highly-privileged admin accounts and services with multi-factor authentication (MFA). 
• Adopt best practices to prevent ransomware attacks, and to mitigate them if you get hit by one. Ransomware gangs know that a surefire way to pressure victims into paying ransoms is to hijack their systems and threaten to expose their sensitive data. 

So, how can you strengthen your data security posture against these types of attacks?

1. Implement a "zero trust" security framework that requires all users, whether inside or outside the organization, to be authenticated, authorized and continuously validated before being granted or maintaining access to data. This framework should allow only time-limited access and be based on the principle of least privilege, which limits access and usage to the minimum amount of data required to perform the job.
2. Use a cloud data security posture management (DSPM) solution to enforce the security framework through continuous monitoring, automation, prioritization and visibility. DSPM solutions can help organizations identify and prioritize data security risks based on their severity, allowing them to focus their resources on the most critical issues.
3. Regularly conduct risk assessments to detect and remediate security risks before they can be exploited by hackers. This can help prevent data breaches and minimize the impact of any security incidents that do occur.
4. Train employees on security best practices, including how to create strong passwords, how to identify risks and how to report suspicious activity.

By following these recommendations, organizations can significantly reduce their risk of a data breach and improve handling sensitive data belonging to their organization. As more and more data moves to the cloud and hackers become more sophisticated, it's essential to prioritize security and take proactive measures to protect against data risks. 

Learn more

• Webinar: Know Your Exposure: Is Your Cloud Data Secure in the Age of AI?
• Data Sheet: Data Security Posture Management (DSPM) Integrated into Tenable Cloud Security
• Data Sheet: Securing AI Resources and Data in the Cloud with Tenable Cloud Security
• Infographic: When CNAPP Met DSPM
• Video: Demo Video: Data Security Posture Management and AI Security Posture Management

If you... exist in the world, it's likely that you have gotten a letter or email at some point informing you that your data was stolen. This happened recently to potentially hundreds of millions of people in a hack that targeted companies like Ticketmaster, AT&T, Advance Auto Parts and others that use the data cloud company Snowflake.

On today's show, we try to figure out where that stolen data ended up, how worried we should be about it, and what we're supposed to do when bad actors take our personal and private information. And: How our information is being bought, sold, and stolen.

This episode was hosted by Amanda Aronczyk and Keith Romer. It was produced by Sam Yellowhorse Kesler and edited by Meg Cramer. It was engineered by Ko Takasugi-Czernowin with an assist from Kwesi Lee, and fact-checked by Dania Suleman. Alex Goldmark is Planet Money's executive producer.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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