The costs of these incidents continue to rise, with figures produced by the Ponemon Institute on behalf of IBM noting that in 2021, the average cost of a data breach reached $4.24 million – the highest figure in the 17 years it has been conducting this research.
A particular threat that businesses must be aware of is data exfiltration. This can have a wide range of expenses, from reputational damage and lost business, through to ransom payments, class action lawsuits and regulatory penalties. As such, it’s vital that businesses are aware of this threat and are taking the right steps to mitigate it.
The first step in defending against data exfiltration must be to understand exactly what it is and how it works. It is a term used to describe the movement of data OFF a device, as opposed to infiltration, the movement of data ON to the device.
What is data exfiltration?
Data exfiltration is the unauthorized removal of data from a device, which may be an endpoint such as a PC or smartphone or a database server, for example. This form of data security breach can be among the most costly to a
Cybersecurity is now the biggest challenge that many businesses face. According to AON, cyberattacks leading to sensitive data breaches and ransomware are now the number one concern for businesses in North America and the UK, ahead of issues such as business interruptions, economic slowdowns, and supply chain risks.
What is Data Exfiltration and How Can You Prevent It?