More Americans experienced a data breach in 2017 than ever before. The results of a study conducted by Javelin Strategy & Research show that 16.7 million Americans had their identities compromised, resulting in a loss of $16.8 billion. The study also found that consumers are losing trust in institutions, shifting “the perceived responsibility for preventing fraud from themselves to other entities, such as their financial institution or the companies storing their data.” One of the biggest trends the study found is that account takeover tripled over the past year. Victims pay an average of $290 out of pocket and spend 16 hours on average to resolve the situation. […]

How can you boost efficiency in your business? One way is through a system called open-book management. Open-book management is great for companies the emphasize transparency. In this system, everyone can see the company’s books. Therefore, everyone shares an interest in the workings of the business. By seeing, tracking, and forecasting key numbers, everyone gains an understanding of what is driving the business forward—or causing it to lose steam. […]

More than 7 out of 10 companies in the United States have suffered a data breach over the past few years, according to Thales. With seemingly more stories of data breaches popping up, business leaders must decide whether to adopt new technology and risk things going wrong or wait while competitors potentially get ahead. To help businesses, Security Forum has developed its Threat Horizon 2019 report. It looks at nine threats caused by technology change that organizations may face over the next three years and how to address them. […]