Intelligent CIO North America Issue 26 | Page 16

NEWS

Report shows 297 % increase in US breaches tied to supply chain and third-party suppliers

“ This is no time for security teams to let their guard down as cybercriminals are getting even more bold in how they score their next payday ,” said Fran Rosch , CEO , ForgeRock .
“ Exploits that target people ’ s usernames and passwords to break into organizations are becoming more sophisticated .

ForgeRock , a global digital identity leader , has announced findings from its 2022 Consumer Identity Breach Report , revealing an unprecedented 297 % surge in breaches caused primarily by security issues associated with supply chain and third-party suppliers and representing almost 25 % of all breaches .

The report also found unauthorized access was the leading cause of breaches for the fourth consecutive year , steadily increasing to account for 50 % of all records compromised during 2021 .
The report underscores the fact that cybercriminals continue to find new methods of attack across industries and geographies .
The cost of breaches also continues to grow . In the US alone , the price of remediation from a breach has climbed annually , more than doubling since 2018 .
“ Now more than ever , companies need to adopt digital identity and access management solutions that strengthen their security posture without compromising the user experience .”
ForgeRock also discovered that 60 % of all records breached in 2021 included either social security numbers , dates of birth , or both – nearly doubling since last year .
The report found that as e-commerce sites and applications increasingly strive for an effortless user experience to differentiate from the competition , they often omit security features .

STACK elevates its Pacific Northwest investment with Portland purchase

STACK Infrastructure – a digital infrastructure partner to some of the world ’ s most innovative companies and leading global developers and operators of data centers – has announced the expansion of its flagship Portland campus to 200MW .

Hillsboro , Oregon , is one of the nation ’ s fastest-growing data center markets , and this land acquisition nearly doubles the campus footprint to a total of 50 acres . The contiguous campus expansion solidifies STACK ’ s commitment to offering maximum scalability in this high-demand location .
STACK ’ s announcement brings the total available and in-development capacity in Hillsboro to over 230MW and further solidifies STACK ’ s leadership position in the region . Located in Hillsboro adjacent to PGE ’ s Shute Substation , the campus features direct access to extensive fiber , benefits from Hillsboro ’ s Enterprise Zone and its property tax abatement policies and sustainable power practices , with 100 % renewable energy delivered across STACK facilities .
“ As one of the first data center developers in Hillsboro , STACK is dedicated to a swift , strategic development to continuously address the demand for available capacity in this rapidly expanding region ,” said Brian Cox , Chief Executive Officer of STACK Americas . “ Our commitment to delivering 200MW on this campus builds on our significant investment in the market .”
STACK ’ s numerous expansions in the Americas , EMEA and APAC make it one of the largest private data center operators worldwide .
16 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com