Increasing data breaches show titanic losses

Data breaches are getting more serious and are under greater scrutiny, reveals a McAfee Data Exfiltration study conducted in December 2018. Nearly three-quarters of all breaches have required public disclosure or have affected financial results, up five points from 2015.

A majority of IT professionals have also experienced at least one data breach during their career—61% at their current company and 48% at a previous company. This can have harsh consequences for the C-suite, with 55% professionals believing that c-level executives should lose their job if a breach is serious.