July 2017 Cyber Incident Report

August 2, 2017 at 3:00 pm | Posted in Cyber Security | Comments Off on July 2017 Cyber Incident Report
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So the White board has been wiped for the new financial month at work and now I can reveal the statistics behind the last financial month of the incidents recorded in July.
As a reminder the criteria to get on this list is that the Breach/Attack needs to be reported in major media outlet and be over 5000 records in size.

  • There were Six Cyber Attacks and Thirteen Data Breaches.
  • Over 150 million records were compromised.
  • Financial Costs of the Cyber Incidents this month is estimated to be over $1.2 Billion.
  • Insider Threats continue to be a weakness of all organisations.
  • Average time between each incident is just 2.3 Days.

The largest and perhaps the most interesting was the UK Parliament attack and the Nyetya malware attacks of late June, the effects of which are still being felt today. Companies such as TNT are still trying to recover from the attack that compromised their network.

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