{"id":77020,"date":"2015-05-12T20:55:42","date_gmt":"2015-05-13T00:55:42","guid":{"rendered":"http:\/\/rbachnet.wwwmi3-ss40.a2hosted.com\/index.php\/"},"modified":"2022-08-10T12:44:41","modified_gmt":"2022-08-10T16:44:41","slug":"what-triggers-a-data-breach","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/what-triggers-a-data-breach\/","title":{"rendered":"What Triggers a Data Breach?"},"content":{"rendered":"

\"WhatCyber-insurer\u00a0Ace Group<\/a>\u00a0recently published data they say predicts a data breach<\/strong>. Based on their data (and the need to sell premiums<\/em>) the insurer claims that all firms are at risk<\/strong> for a data breach. Matthew Prevost, vice president, ACE Professional Risk<\/a>\u00a0recently claimed<\/a> data breaches are inevitable<\/strong>.<\/p>\n

When it comes to cyber risk, it is not a question of if or when, but how \u2013 how can an organization proactively prepare for and then quickly respond to cyber-related breaches and interruptions?<\/em><\/p>\n

\"data<\/em>ACE has a unique position to speculate, according to ClaimsJournal<\/a><\/em> ACE has over 15 years of experience with cyber-risk. The firm has cataloged a considerable amount of lost data. They recently shared several key insights from their proprietary data<\/strong>.\u00a0FierceITSecurity<\/a><\/em> explains<\/a>\u00a0that based on cyber insurance provider ACE\u00a0data, the top triggers for\u00a0data <\/a>breaches<\/a>\u00a0are:<\/p>\n

    \n
  1. \"top<\/a>Network security<\/a> attacks<\/strong> –\u00a025%<\/li>\n
  2. Lost or stolen devices –\u00a020%<\/li>\n
  3. Human error -16%<\/li>\n
  4. Rogue employees –\u00a015%<\/li>\n
  5. Faulty policies –\u00a09%<\/li>\n
  6. Use of paper –\u00a06%<\/li>\n
  7. Software error<\/a>\u00a0–\u00a03%<\/li>\n<\/ol>\n

    The firm’s data says that lost and stolen devices that led to data breaches are:<\/p>\n

      \n
    1. Laptops<\/strong> –\u00a070%<\/li>\n
    2. Memory devices – 28%<\/li>\n
    3. Smartphones<\/a> –\u00a02%<\/li>\n<\/ol>\n

      \"stolenFormer employees<\/strong> accounted for 25 percent of insider attacks, and financial incentive was the motive in 72 percent of insider attacks, according to ACE.<\/p>\n

      rb-<\/em><\/strong><\/p>\n

      I have written about the cyber insurance market here<\/a> and<\/a> here<\/a>. The most surprising factoid to me is that lost or stolen smartphones lead to data breaches 2% of the time. Perhaps the ACE data is old, or the security marketers have spread FUD and hubbub about the need for MDM, EMM, and remote wipes just to make a buck.<\/em><\/p>\n

      Do you agree with ACE’s stats?\u00a0<\/em><\/p>\n

      Related articles<\/h6>\n