10Fold- Security Never Sleeps- 173

Banks and Fed sites score as least trustworthy in OTA 2017 security and privacy audit

“Privacy and security still not capable online”

An audit of 1,000 top websites that analyzed security and privacy systems has found a concerning trend for now a third year. The Online Trust Alliance commented: “Sites either qualify for the Honor Roll or fail the Audit. In other words, sites increasingly either take privacy and security seriously and do well in the Audit, or lag the industry significantly in one or more critical areas.”

Data Breach Costs Drop Globally But Increase in US

“Data breach costs trend low”

The average cost of a data breach is now about $33.62 million globally, demonstrating about a 10% drop from last year. This is the first time an attack cost has had an overall decrease since the IBM Cost of Data Breach report has been started. Although these statistics are encouraging, the U.S. is an exception to the trend, with a 5% increase for the nations firms.

Report: 99.7% of web apps have at least one vulnerability

“Web app vulnerabilities apparent”

Pretty much every web application has a breachable point, says the 2017 Trustwave Global Security Report released Tuesday. 99.7% of apps scanned by Trustwave had at least one vulnerability, while the mean number was about 11.