We’re finally drying out and the cool autumn air is back. It’s the season to spend time in the shade of a big tree, with a good read. Just in time, here’s a short piece from the New York Times about how breach fatigue and recency bias prevent us from securing our data. While you’re getting comfortable, you should also read HBR’s introduction to the California Consumer Privacy Act, scheduled to come in effect 2020 and ostensibly only applies to Californians. (Both have paywalls. If you’ve reached your limit go ahead, go incognito. You have my permission. The knowledge that you’re complicit in the demise of good journalism should be sufficient penance.)
The cost of data breaches
In an effort to make you less complacent, I’ve gathered some numbers on the costs of cyber crime and data breaches. Here’s a sneak preview of more details to come:
- $3.62 million: average cost of data beach in 2017.
- $1,762: per capita cost of cost of cyber crime for small organizations. The cost of cyber crime is most expensive for small organizations: large organizations pay a quarter of this.
- 27.7%: probability or a recurring breach.
- 50+ days: Average time to resolve some of common cyber attacks.
- 98% of companies experienced a malware attack.
- 1/3 of data breaches from “shadow IT” (See other predictions from Gartner)
Of course, now that you’re scared enough, here are some tasks for the coming weeks:
- Drupal 8.6.0 and, on its heels because of a data loss issue, 8.6.1 were released a couple of weeks ago. Be sure to test, update.
- WordPress 5.0 is around the corner. Among the change is a brand-new editor. Read more about the gutenberg experience. The editor is around now, and will become the default WordPress editor in WP5.0. Now is a good time to familiarize yourself with it.
A lot of IT departments complain about “shadow IT,” but a lot of them do little to work with the marketing teams that push out websites, SAAS, web tools, and web apps every few weeks. Luckily, that’s where we come in. Give us a call.