The False Economy of Deprioritising Security

The False Economy of Deprioritising Security

In the UK, cyber security has been dropping down the board’s list of priorities. A 2022 Proofpoint study found that 76% of UK board members believed their organisation to be at risk of a material cyber attack in the next 12 months – higher than the global average of 65%. However, the 2023 edition of that study found that this had dropped to 44% in the UK, whereas the global average had climbed to 73%. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see
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Alleged A&TT (unverified) – 49,102,176 breached accounts

In March 2024, tens of millions of records allegedly breached from AT&T were posted to a popular hacking forum. Dating back to August 2021, the data was originally posted for sale before later being freely released. AT&T maintains that there has not been a breach of their systems and that the data originated from elsewhere. The incident exposed names, email and physical addresses, dates of birth, phone numbers and US social security numbers.

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